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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 22, 2013

WHX


Check out this consistent dividend payer. WHX has paid every quarter over last 5 years and the current yield is 37% for a $6 stock. Want to get started on that portfolio for $620 bucks, well here ya go. Buy it and forget it.


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Sunday, March 17, 2013

PM


Be patient as PM consolodates move if wanting to go long.


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AGNC - possible short


On a daily or weekly chart you may not catch this short possibility. However, on a Monthly chart you can see the "3 Black Crows" pattern breaking the trendline. After the pattern AGNC has failed to break back into the channel virtually moving sideways. I believe you can short here with a stop above $34 fairly safely.


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NGD - Channel down Bullish


A less expensive way to ride the Gold rocket.


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PETM - Channel down Bullish


Anatomy of a limping in with a purpose.


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TNK - Bullish triangle pattern





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DCIX - Bullish Engulfing pattern


Stop would be below previous day low 4.80


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APA Falling Wedge


Bottom of channel - Bullish


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