Buying CAT on break of $60 and using that as stop.
For the Web's best interactive charts, please visit http://www.Prophet.Net
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, March 12, 2010
CAT
Buying CAT on break of $60 and using that as stop.
For the Web's best interactive charts, please visit http://www.Prophet.Net
POT
Agriculture space is seeing sector rotational buying. Best in breed here is definitely Potash whcih just raised forecasts.
POT should open today above the 61.8% Fib retracement and this would be a good trade to the long side using 120.60 as a contingent stop.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Thursday, March 11, 2010
MO - Reversal Bar
Getting short Altria with some in the money PUTS:
June $21 Put @ $1.35
For the Web's best interactive charts, please visit http://www.Prophet.Net
Wednesday, March 10, 2010
GRAN
Tension mounting on Bank of Granite triangle. Long with contingent 1/2 stops at 1.35 and then completely out at 1.29.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Tuesday, March 9, 2010
CSCO - Prior to BIG news
Here is a 5yr weekly chart of CSCO prior to the release of news that will "change the internet forever" according to them. Wonder if the market will sell the news?
For the Web's best interactive charts, please visit http://www.Prophet.Net
UUP
With the Euro/USD falling one would believe the USD is heading higher. Not according to the UUP chart.
For the Web's best interactive charts, please visit http://www.Prophet.Net
EUR/USD
The Euro fails to breakout above 1.37465 and may be heading to 1.32.
For the Web's best interactive charts, please visit http://www.Prophet.Net
GS
Breakout for Goldman to the fib retracement and shorting back to trendline
For the Web's best interactive charts, please visit http://www.Prophet.Net
GMCR
Single serving coffe must be selling well for Greem Mountain Coffe. Breakout.
For the Web's best interactive charts, please visit http://www.Prophet.Net
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