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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.

Saturday, October 10, 2009

XLE





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

ProphetCharts: IWM





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

QQQQ





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

GS


If Goldman Sachs is leading the market the next few ETF charts explain a VERY bullish case. Even more the reason to be cautious.


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

Friday, October 9, 2009

RIMM


If you were scared to get RIMM long on the 200 day EMA bounce you have 2 more chances to get in:

Buying more on breaks above:
69.20
71.42

Setting tight stop $0.06 below yesterday's low = $67.54



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

Thursday, October 8, 2009

$SPX



S&P Banging it's head

Wednesday, October 7, 2009

Great post from Traderfeed

http://traderfeed.blogspot.com/

Bottom line when you are WRONG in ANY relationship it costs until YOU change your way of thinking and adapt to the situation.

Tuesday, October 6, 2009

AAPL


Hmmm, am I seeing things? AAPL sporting a similar pattern to the tech bubble bust on a monthly. Notice the difference in volume and that:
Oct 07 - up
Nov 07 - Down
Dec 07 - Up
Jan 08- oops

Is it uncanny that AAPL is at the identical price it was in October 07?

Shorting a few out of the money above $192 and will add more as approach 200-202.


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

VZ


Long

29.90 stop

target = 32.05


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

GLD


BREAKOUT!!!

Take some profits and look for retest of 100.45 area as well as secondary uptrend in green.


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

Monday, October 5, 2009

EUR/USD


Euro pulling the market higher as the dollar falls.


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