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 30, 2010
AAPL Daily
Another way to look at Apple would be getting long above 189.50 on a possible cup with handle formation.
Either short or long Apple is definitely going to be a volatile play in February.
For the Web's best interactive charts, please visit http://www.Prophet.Net
AAPL
Classic buy the rumour sell the news with Apple's latest release. There could be an interesting short trade here below 189 as sellers hit the exit button to lock in profit.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Friday, January 29, 2010
$SPX
Thursday Battle over 1090 won by bears
Friday battle over 1080 breached to 1078 and setting up good for the bears. The play of the day is to get short below 1078 for the zip line ride to 1060.
Bottom line is the overall trend has definitely shifted to BEAR territory and therefore buying of dips is no longer an intelligent strategy.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Thursday, January 28, 2010
SIRI
Out at $0.80 for a $0.15 ride. I hope you caught the bus and got off at the target stop. Should come back down to $0.74. If it holds there another long shot will be in order. If not, it will be back to $0.69
For the Web's best interactive charts, please visit http://www.Prophet.Net
GLD
Double bottom on GLD
Long ith stop at 105.10
For the Web's best interactive charts, please visit http://www.Prophet.Net
GMCR
The single packet coffe manufacturer on verge of breakout to 98.50. Missed the boat here, but it may come back below 83 for a second chance and a 15pt pop. Set your alerts now.
For the Web's best interactive charts, please visit http://www.Prophet.Net
$VIX
Nice long trade on the VIX:
Stop: 22.40
Target: 27.95
For the Web's best interactive charts, please visit http://www.Prophet.Net
Wednesday, January 27, 2010
SIRI
Move stop up to $0.70 - Target $0.79 and out with half - Let the rest ROLL
For the Web's best interactive charts, please visit http://www.Prophet.Net
$VIX
It's only Wednesday and it's ONLY FED speak. The REAL story will be told by Friday. Looking for VIX to bounce hard off of 22.77.
Monday, January 25, 2010
SIRI
Buying more with a buy stop @ $0.72
For the Web's best interactive charts, please visit http://www.Prophet.Net
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
Subscribe to:
Posts (Atom)



















