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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, August 7, 2009

All is well till....


the government starts raising rates to stave off inflation. Be careful if you are long.


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

MRO


Marathon oil...retest of 200 ma another buying opportunity sub 28.50.


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

Wednesday, August 5, 2009

S&P 500





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

$INDU





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

Tuesday, August 4, 2009

GRAN


Market teetering on top with banks in the balance....again. The public is not being told something.


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

Sunday, August 2, 2009

BAC dialy


A closer look


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

BAC


Bank of America hitting short term resistance at the falling 50 week moving average of 14.68. Some consolodation may be in order for the 20 week MA to catch up. Take some profits and reload at 13.50 for the ride to $18.


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

IWM


Banks may lose some luster next week...


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

SPY





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