- 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.
Wednesday, October 12, 2011
Bear pennant STILL intact and isn't it amazing how the fibonacci level was almost pegged. Bottom line is this is a toping tail and price action closed BELOW the trendline.
Just in case cover Puts above 122.87 by evening out with CALLS on a shorter time frame with the mindset of a quick trade.