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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.

Monday, October 31, 2011

SPY


Confounding fibonaccis.... 1 penny, really? I think it is pretty clear here a break of 125.33 and or the green trendline would be VERY bearish. I'm considering placing orders to get short below that and inching in long now with a TIGHT stop with thoughts of adding more long above 128.66.

Fun times.


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