Blog description

My photo
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.

Wednesday, April 27, 2011

MO


Forming another pennant above $25.80 consolodating for next move.


SIRI


Resistance @ $2 moving stop to $1.84


SLV


Still room to go...

Stop up to $43.49, loose @ $41.99


Thursday, April 14, 2011

$VIX


Options are cheap and if you have the ability to sell them straddle plays could work as the lack of volativity wanes on for the rest of the year.


SLV


WOW! I hope you held some. Precious metals will continue to go up until inflation is real and the FED has to raise rates. That will be no time soon as they will continue to flood the market with cash raising the deficit exponentially.


Friday, April 1, 2011

SIRI


Good time to reload.

Stop $1.59


$VIX


Options are cheap


SPX





Monday, March 14, 2011

Wednesday, February 23, 2011

SIRI


Buy, Buy, Buy

Stop @ $1.59


SPY





SIRI


Broken support now testing trend. May see 1.60 soon.


Friday, February 18, 2011

IWM


Massive Inverted H&S pattern. Breakout or massive failure? I'm in the camp of too much too fast....Looking for a false breakout above 87.50 and getting buying puts.


SPY





Saturday, February 12, 2011

KNKT - 2hr


Buying sub $1 in the increments we discussed is working thusfar.


$SPX - monthly





Monday, February 7, 2011

KNKT 60 day 2hr


Perhaps an in thirds strategy:


$0.99
$0.91
$0.80


Friday, February 4, 2011

JDSU


Cable is back, how far can Obama money push it?


Thursday, February 3, 2011

Tuesday, February 1, 2011

Sunday, January 30, 2011

GLW


HAL


BIDU


 

VZ


X


Infrastructure? Really?

CMG


TSL

The only solar panel and for that matter alternative energy company moving in a positive manner.

BHI


APA





Friday, January 28, 2011

Thursday, December 2, 2010

SIRI


Time to buy a 1/2 position with a stop at $1.34


Saturday, November 27, 2010