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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.

Tuesday, July 6, 2010

MAN


Interesting how the top dog labor company is floundering. Patternwise an inverted H&S may be forming the bottom of the right sholder. Looking to get long with a stop at 39.90

Friday, July 2, 2010

$SPX 1yr daily

Why 950 S&P


Take note of the green vertical line in the green box which indicates an inverted H&S pattern. The target price from this pattern would be the height of this line which has been realized in the pink box. In other words the two veritcal green lines are exactly the same height.

A test of te breakout level is in order and should provide support for at least a short to mid term bounce. A break above the angled line in the pink box would nullify and be BULLISH to test and more than likely break above 1225 for the next leg to 1350.

A failure to hold 950 would mean a double dip to 666 and lower.

Wednesday, June 30, 2010

Friday, June 25, 2010

BP: Options for BP p.l.c. Common Stock - Yahoo! Finance

BP: Options for BP p.l.c. Common Stock - Yahoo! Finance: "Put OptionsExpire at close Friday, January 20, 2012

Strike   Symbol                Bid     Ask
2.50 BP120121P00002500   .30    0.31
5.00 BP120121P00005000  .75    0.90

Wednesday, June 23, 2010

$SPX





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RIG


Looking to Short Rig on any move above $65

Set your alerts


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HAL


Not a buyer until breaks above 30.15 or below 22.

One third - $22
Two thirds - $15


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BHI


Range-bound between 41-46 with ALOT of overhead resistance. Most likeyl to take out recent low of 35.62 on way to 24.


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Tuesday, June 15, 2010

Tuesday, June 8, 2010

$SPX





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Wednesday, May 26, 2010

$SPX - Monthly


Range being dictated by monthly averages

20 month - 987

50 month - 1225

200 month - 1045


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$SPX





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Friday, May 21, 2010

Thursday, May 20, 2010

Tuesday, May 18, 2010

GMCR


What happens when fashion cannot be afforded.


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Monday, May 17, 2010

Friday, May 14, 2010

Wednesday, May 12, 2010

$SPX


Lookout - Breakout or Breakdown coming soon via a HUGE 60-100 point move


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Monday, May 10, 2010

AZO





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Friday, May 7, 2010

Thursday, May 6, 2010

Wednesday, May 5, 2010

Monday, May 3, 2010

GMCR


Look for a bounce with an easy stop below 50 week SMA of 72.32


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$INDU





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$INDU





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$SPX





For the Web's best interactive charts, please visit http://www.Prophet.Net

Friday, April 30, 2010