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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.

Saturday, June 6, 2009

XLF resistance

What drove the market off March lows was the Financials. However, in May the luster began to wear off and the uptrend was broken now becoming resistance.

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