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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.

Wednesday, May 11, 2011

$INDU - Dow 30 vs ETF divergence


Room to go or Lower highs? INteresting disparity to the ETF.


DIA


Dow ETF topping out strangely just below 130 or 13k on the DOW


SIRI - moving stop up





Friday, May 6, 2011

SLV


Shakeout...


GMCR - update


I think I called this launch and I have not moved the technicals... This is now the current range for more consolodation until the punch through to new highs.


SIRI


Moving stop up to $1.94


Wednesday, April 27, 2011

Crude & Gasoline Futures - Weekly


Just a pause and still amazing how the terrorist have driven up gasoline in comparison to the actual cost of oil. I wonder how much of that Futures money is Republican money?  Yet another piece of the bull**** not truly covered by the media.  Wouldn't it be nice to know who is REALLY behind this non-substantive fake demand?

GMCR


Topping or ready to launch to $75?

At the money Jan 12 Calls & Puts $10 per contract. Would be nice to be able to sell $80 calls to pay for part of $65 Calls. However a break below $63 could pick up steam quickly.


$VIX


The price of Options continues to get cheaper making those long Calls worth less and the Puts cheaper to purchase. Could be a good time to get some Long Calls on future implied volotivity.

In the money Oct 11 Calls going for $7.75 per contract


$SPX


If the market were a wrestler he'd be called for stalling in 2011...

Pretty simple technical read form here:
Breakout above 1360
Breakdown below 1250

May be 2012 till we know the answer.


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

Tuesday, March 8, 2011