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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, 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
Get long with a stop below $37.75

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

1 comment:

Rodney said...

Posted comments appear like this.