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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, September 9, 2011

EUR/USD - Ugly monthly


Easy to see the range from 1.31 to 1.40 for the next 14 months and why a break of 1.36 is so important.


SPY - box update 1pm


Nailed it. Rebound or breakdown to the close? My money is on hovering at these levels to the close and opening up on Monday to the top end - target 119.90. Either way I'm getting more short below 115.70 and getting more long above 120.


Thursday, September 8, 2011

SPY


Boxed in for big Pres. Obama speech on jobs. Jobs? Jobs? This stagnation recovery don't need no stinking jobs? Should be the best comedy on televison Thursday. Laughable.


GLD


Looking for gap fill back to 181.57


MO





Tuesday, September 6, 2011

Things U make $ on #3 - MO


Hmmmmm, 60 day 1 hr charts:

Lines & amp; SMA's -

Bounce but still weak; break inevitable- A LONG way to fall-


Things U make $ on 2: SPY





Things U make $ on - GLD





MO