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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.

Sunday, June 28, 2009

QQQQ


This chart of the QQQQ's shows how tech has been leading or at least holding the market up of late. I find it interesting that the H&S pattern has been rendered mute as the right shoulder was never formed. The Bulls could easily make the argument for a test of the highs. Target 37.25 and then getting VERY short the four horses of AMZN, AAPL, RIMM, & MSFT.

For the Web's best interactive charts, please visit http://www.Prophet.Net
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