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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.

Thursday, December 2, 2010

SIRI


Time to buy a 1/2 position with a stop at $1.34


Saturday, November 27, 2010

Friday, November 12, 2010

Wednesday, October 13, 2010

Thursday, September 30, 2010

Friday, September 17, 2010

RIMM - Out of fashion play short


Looking to short Rimm with Leaps

Stop $48

or doubling up at $52.25


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

GLD





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Wednesday, September 8, 2010

$SPX


Flag on the minute chart = short-term bullish


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Friday, September 3, 2010

$SPX


As if this was a surprise to any technical analyst.


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

Wednesday, September 1, 2010

Tuesday, August 31, 2010

MO - 60 day minute


Levels on the way down.


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Monday, August 30, 2010

Friday, August 27, 2010

UNG - Getting Less expensive


Thinking about picking up some Leap Calls on Natural Gas in the next six months. Downside risk below $6 is minimal.


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

$SPX - weekly





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Wednesday, August 25, 2010

$TNX - 10 year note


Sooner or later there will be no reason for China to buy the US debt. When that happens - game over


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EUR/USD





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TLT


Treasuries flying toward top.


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

Tuesday, August 24, 2010

BHI - monthly


Bear Flag or Bull flag? Each a year long, but the BEAR is BIGGER.

Two ways to trade:

Get short with a stop above $49
or
Get long with a stop below $37.75

If you choose the long side it may pay to take any profit quickly.

HAL - monthly

$SPX- H&S measured move target


Taking the height of the H&S pattern from November till now one can obtain a target of 870.

Monday, August 23, 2010

Tuesday, August 17, 2010

$SPX - trading range


Trading range for 4-6 weeks


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

GD - Ken Fischer


General Dynamics - is a government play on a defense contractor. A 2.6% Dividend yield beats putting your money in low yielding bonds. There is still time to pick your spots here as governmental policy won't shift until the next Presidential election.

Looks to me like the Fib fans give some nice points to set alerts:

Short above $70

1/3 Long below $60
1/3 Long below $ 47
1/3 Long below $40


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

FMS - Ken Fischer


Fresenius Medical Care - runs 2500 dialysis and supplies equipment to other treatment facilities.


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Ken Fischer - SEOAY


Europe;s largest paper packaging and forest procducts company is sensitive to the home construction and news print business performance.


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

CPL - Ken Fischer pick


Brazilian Energy corp with a 6% dividend yield


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

Monday, August 16, 2010

EUR/USD - 5 yr weekly





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EUR/USD





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PM


Puts?


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MO


20 year monthly fibonacci fan suggests short term top.


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

Friday, August 13, 2010

IWM


Blue - Inverted left shoulder
Pink - Inverted Head
Green - Inverted right shoulder or Smaller H&S pattern topping latest bull run from head? Which will prevail? Normaly it is the longer time frame or larger pattern that prevails; however if the larger pattern fails it will be a violent failure.

Bottom line:
Long above - $59

Short now with stop of 50 week SMA at $63


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

BAC





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AAPL





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GLD





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SIRI





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$SPX





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