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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, October 16, 2009

MVO





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

Thursday, October 15, 2009

AMZN


It's getting close to AMZN short time.


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

Dow 10k


Selling longs into strengh with a goal of being completley into cash by year end.


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

Monday, October 12, 2009

SPY


NO VOLUME. Tomorrow should be interesting.


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

Sunday, October 11, 2009

MO - Interesting Option activity

Check out all the Open interest on the Call side of Altria.  I found it very interesting on the bottom row in particular.


This leap may be the best deal and here's why-

The government has been keeping rates low and therefore the Dollar continues to fall.  Why would an investor use falling dollars to get more at this point?  But that will all begin to change in the first quarter of 2010.  So why wouldn't an investor be MORE inclined to invest in higher yielding dividend stocks as rates are rising in the next year?  $0.35 for 467 days at $22.50 last years high - That equates to a little over $1000 to control 300 shares.