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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.

Friday, September 4, 2009

GLD - Much adieu bout nothing


Don't be a chaser if you've missed the move. Looking for Gold to hit some major resistance and consolodate the hyped move to 1000. Set your short orders for the other side of the $1000 landmark landmine and wait for the pullback to the fan line to take profits. Set your stop above 101.

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