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.
Saturday, January 23, 2010
$TNX
10 yr note at pivotal range and not able to break 4%. Still falling....
For the Web's best interactive charts, please visit http://www.Prophet.Net
Friday, January 22, 2010
SIRI - closer look 30 min
Look for the gap up to fill for a low of $0.67 and another buying opportunity with a stop below $0.65. This is an easy long setup with 10-15 cents of upside short-term.
For the Web's best interactive charts, please visit http://www.Prophet.Net
SIRI - update
Did you cash in on the Bull Flag? Here's your second chance @ $0.70
A break of $0.70 may be an opportunity @ $0.66
For the Web's best interactive charts, please visit http://www.Prophet.Net
Thursday, January 21, 2010
SPX
Trend break and support on 50 day sma @ 1114
For the Web's best interactive charts, please visit http://www.Prophet.Net
Wednesday, January 20, 2010
$SPX
Uptrend in jeopardy, but still intact. I'm sitting on hands for now. However, if you are bullish and a little nuts a long SPY trade with a stop below 112 would catch the run up to 1250 on the S&P. Otherwise, waiting for trend break to get short.
For the Web's best interactive charts, please visit http://www.Prophet.Net
MO
Dollar rising and MO falling:
Unexpected and counter to high yielding dividend stock. Could be short term top at 20.64
For the Web's best interactive charts, please visit http://www.Prophet.Net
GLD
Dollar rising and GLD falling:
As expected
For the Web's best interactive charts, please visit http://www.Prophet.Net
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