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.
Friday, August 7, 2009
All is well till....
the government starts raising rates to stave off inflation. Be careful if you are long.
For the Web's best interactive charts, please visit http://www.Prophet.Net
MRO
Marathon oil...retest of 200 ma another buying opportunity sub 28.50.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Tuesday, August 4, 2009
GRAN
Market teetering on top with banks in the balance....again. The public is not being told something.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Sunday, August 2, 2009
BAC
Bank of America hitting short term resistance at the falling 50 week moving average of 14.68. Some consolodation may be in order for the 20 week MA to catch up. Take some profits and reload at 13.50 for the ride to $18.
For the Web's best interactive charts, please visit http://www.Prophet.Net
IWM
Banks may lose some luster next week...
For the Web's best interactive charts, please visit http://www.Prophet.Net
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