Blog description

My photo
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.

Wednesday, November 4, 2009

QCOM


Looks like a year long H&S pattern, but I'm wondering if it holds support at the convergence of the moving averages and the fib line at 40.67.

I'm long with a stop of 40.45


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

Monday, November 2, 2009

$SPX kiss


Today's move was a kiss of the underside of the trend looking for fall away from line this week.


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