- 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, August 15, 2009
Clawing its way back and finding resistance at fibonacci $29.56. Break through or break down? With energy appearing to rollover and crude breaking below $70 the bias is lower. Short with a loose stop above the fib line and tight stop above last week's high of $29.34.