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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Tuesday, May 26, 2009

XHB

Here's an interesting Fibonacci time series on the Home builders ETF. Sure looks like the formation of a Head & Shoulders....

Take a look at HD as it is definitely in the "falling knife" category now.

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