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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, 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

Wednesday, December 9, 2009

$SPX





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

Tuesday, December 8, 2009

AZO





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

GLD





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

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

$SPX



Shorting using Leap Puts in thirds at the following levels:

1120

1180

1228

Friday, December 4, 2009

GLD


Longer time frame...


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

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

$TNX


All time 10 yr note


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

UUP


Dollar Up on 2 year lows


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

$SPX





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

$INDU





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

IWM





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

Friday, November 27, 2009

MO





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