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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.

Tuesday, February 9, 2010

EUR/USD


All the talk on the Euro is the only thing proping the dollar up. It is not that America is stronger, but everyone else is getting weaker especially Europe. Somehow I find it comical that the US dollar will be viewed as a "safe" vehicle and I do not expect this sentiment to last. Look for precious metals to bounce and use your due dilligence on finding entry points on GLD and SLV on ascending trendlines.


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