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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.

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





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

RIG


Looking to Short Rig on any move above $65

Set your alerts


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

HAL


Not a buyer until breaks above 30.15 or below 22.

One third - $22
Two thirds - $15


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

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.


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

Tuesday, June 15, 2010

Tuesday, June 8, 2010

$SPX





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

Wednesday, May 26, 2010

$SPX - Monthly


Range being dictated by monthly averages

20 month - 987

50 month - 1225

200 month - 1045


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