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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, March 19, 2010

GLD


Flag?
Retest to $102.75?

I'd say if it can't hold 107.45 then 102.75 it is and a bounce from there.


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

SIRI


A break of $0.82 means another buying opportunity at 0$.75.


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

Thursday, March 18, 2010

SPY


Tail wagging the dog?


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

$SPX


Fans say 1200? Quadrupple withcing is Friday and there is heavy volume at the 1150 & 1175 strikes. One of these will be pegged tomorrow.


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

$SPX


Fans say 1200? Quadrupple withcing is Friday and there is heavy volume at the 1150 & 1175 strikes. One of these will be pegged tomorrow.


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

$SPX


Fans say 1200? Quadrupple withcing is Friday and there is heavy volume at the 1150 & 1175 strikes. One of these will be pegged tomorrow.


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

Wednesday, March 17, 2010

$SPX





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

Tuesday, March 16, 2010

AZO


Lookout!

BreakOUT

or

BreakDOWN


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

($INDU/$SPX)


The cool thing about Think or Swim charting with Prophet Charts is you can easily do comparison or ratio charts to see how one entity may relate to another. Just screwing around I threw up a long term monthly chart of the Dow 30 and the S&P 500. I find it interesting that Fibonacci retracements are significant levels even on a ratio.

And by drawing the green trendline you can see that a major move will commence in the next 3 months as the trianlgle formed will be broken in one direction or the other.




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

SPY


Waiting on the FED and Big Oil to lie about production again.


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