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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.

Monday, August 31, 2009

DIA - 20 day 30 min


Hmmm, a break of 95.23 sma and then a fib line at 95.44 and a LOT of consolodation at 94.51......

With everyone looking for a pullback be wary of a blowoff top. Meaning - speculate long and wait for the confirmation things are REALLY rolling over. The sky is not falling YET chicken-little, but it is coming soon.

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