Trading range for 4-6 weeks
For the Web's best interactive charts, please visit http://www.Prophet.Net
Blog description
- Rodney
- 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 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.
For the Web's best interactive charts, please visit http://www.Prophet.Net
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
MO
20 year monthly fibonacci fan suggests short term top.
For the Web's best interactive charts, please visit http://www.Prophet.Net
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