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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, March 27, 2009

Dow monthly


Deja Vu from 2002?

If that's the case the bull run should continue into next month culminating at the 38.2% retracement line or 9422


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

$INDU 60/60


The Dow 30 again on a 60/60....



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

5 day 5 min Dow 30


Here's a look at the last 5 days of the Dow 30 on a 5-min timeframe

To be so strong and look so weak......


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

Thursday, March 26, 2009

$SPX


Bulls are gasping.....

BEWARE the whipsaw....


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

Wednesday, March 25, 2009

Cramer's 'Mad Money' Job Data No Surprise

 
 

Cramer's 'Mad Money': Job Data No Surprise

01/09/09 - 08:10 PM EST

Scott Rutt

Click here for an archive of Jim Cramer's Mad Money recaps.


"Not all news is surprising," Jim Cramer told viewers of his "Mad Money" TV show Friday.

He said that when analyzing why the market only dropped 143 points after such a horrible unemployment number, he concluded that the market simply saw this bad number coming, and that the bad news was already baked into the Dow.

"We've finally reached the moment where everyone is convinced that everything bad is already priced into the market," said Cramer.

Why did stocks like Alcoa (AA Quote - Cramer on AA - Stock Picks) and Intel (INTC Quote - Cramer on INTC - Stock Picks), both of which reported horrible quarters, only fall slightly before rebounding? Cramer said it's because Alcoa was already down 65% from its highs, and Intel was already down 38%.

Cramer continued to say that while much of the bad news is now behind us, that does not mean that there's good news ahead.

He predicted the markets will likely be range-bound as the recession unfolds. "Don't expect much from the market when the economy does nothing more, or nothing less, than what's expected," he said.

Cramer: Forget Jobs Data -- It's a Technical Market

Going Back to School

Is there a company that actually makes money when more people lose their jobs?

Cramer said there is, and that company is American Public Education , which he highlighted for his "Speculation Friday" segment.

Stockpickr

American Public Education owns and operates both American Military University and American Public University, two primarily online schools offering substantially reduced tuitions to its students. Tuition for undergrads is typically 60% lower than traditional state schools and 90% lower for graduate programs.

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Tuesday, March 24, 2009

HD


Too much too fast.....


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

$INDU


Running out of steam......


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

EUR/USD


Euro rolling over at resistance....


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

10 year note


The 10 yr is starting the climb back again after the Fed printed more money last week.....


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