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, January 8, 2010
GLD MO & S&P 500
And here is a 5 year daily percentage view of GLD, MO, & the S&P 500 which shows how far GLD has run up compariatively.
For the Web's best interactive charts, please visit http://www.Prophet.Net
(GLD/MO)
Very interesting chart of the relationship of GLD and MO over the last 5 years. By dividing MO price into GLD price we see that there is a definitive correalation to the two equities which are both affected by the US dollar trade. It is however curious how the channels and the fibonacci's of a such a ratio could provide trade trigger points. In this relationship the higher GLD and the lower MO is the higher the graph point and conversely the lower GLD is and the higher MO is the lower the graph point.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Monday, January 4, 2010
Sunday, January 3, 2010
2009 StockPicker results... (that's 2 of 3 for me)
A good old fashioned BUTT whooping kinda like Florida against Cincinatti and Alabama against Texas:
Almost 20% (bahaha....)
$SPX
Break-down or break-out next week?
For the Web's best interactive charts, please visit http://www.Prophet.Net
GLD
Gold in mid-range, but looks vey weak above 109. A break of the 105.71 would be extremely bearish.
For the Web's best interactive charts, please visit http://www.Prophet.Net
GLD
Gold in mid-range, but looks vey weak above 109. A break of the 105.71 would be extremely bearish.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Tuesday, December 29, 2009
$SPX
As Bugs Bunny once said, "Be very Careful"
For the Web's best interactive charts, please visit http://www.Prophet.Net
Wednesday, December 23, 2009
MO
MO resisistance levels as the dollar rises and the inverse H&S pattern plays out. By the way an Inverse H&S is VERY BULLISH!
For the Web's best interactive charts, please visit http://www.Prophet.Net
Tuesday, December 15, 2009
BAC
Downward slope may not end til mid $13
For the Web's best interactive charts, please visit http://www.Prophet.Net
Thursday, December 10, 2009
Wednesday, December 9, 2009
Tuesday, December 8, 2009
AAPL
Shorting AAPL above $205 paying look for profit taking on the shorts here and a possible bounce off of $185. However, a failure to hold $185 could be a very promising short entry.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Monday, December 7, 2009
Friday, December 4, 2009
GLD
Gold break of breakout trend on dollar rise off of better unemployment numbers. REALLY....
For the Web's best interactive charts, please visit http://www.Prophet.Net
TLT
20 year treasury holding trend barely but still bullish until broken
For the Web's best interactive charts, please visit http://www.Prophet.Net
UDN
Dollar down still holding trend
For the Web's best interactive charts, please visit http://www.Prophet.Net
Tuesday, December 1, 2009
MO
Beware the H&S on the one hour chart of Altria. A break below 18.70 could be another buying opportunity in the mid 17's.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Friday, November 27, 2009
DIA
Possible targets as the Dubai news may take the wind from the bull run sail for now.
For the Web's best interactive charts, please visit http://www.Prophet.Net
GS
HUGE inverted H&S with a close stop. Long into December...
For the Web's best interactive charts, please visit http://www.Prophet.Net
Thursday, November 19, 2009
Tuesday, November 17, 2009
Monday, November 16, 2009
Thursday, November 12, 2009
Sunday, November 8, 2009
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