Now for the next step......up next to where your time interval is...the box to the right....change it to candlestick if not there all ready and you can see the total move and direction of each interval. Red candlesticks suck, and white ones are good.
You can also zoom in and zoom out for a closer look or a look for a longer time interval.
Also, you can print the whole chart out and also export all of your portfolio(s) information to excel.
We are in a big sell-off mode today! The stimulus package hasn't done squat! Then Geithner went and f'd it all up again at the G-7. This government talks and Wall Street walks. If they would quit preaching negativity and if they even lied it would help.
Other than that, everything is all roses
Well, I see that oil is plunging....Russia just made a deal with China. Russia is going to sell China oil cheap in return for cash.
I think that is funny, because a couple of months ago Russia was rich! Putin was ready to become a super power again.
Things change fast, don't they??
Just go to www.stockcharts.com and learn what they mean....then you will really have the power! I am trying to turn everybody into chart techno zombies, lol. Really, it is good stuff instead of guessing.
http://www.marketwatch.com/news/stor...=TQP_Mod_mktwN
Spreads highlight Ireland fears
By William L. Watts, MarketWatch
Last update: 12:37 p.m. EST Feb. 16, 2009
Comments: 163
LONDON (MarketWatch) -- Fears that Ireland's banking woes will send the Emerald Isle the way of Iceland has sent the cost of insuring sovereign Irish debt against default to record levels.
Spreads on Ireland's five-year credit default swaps rose to a record 377 basis points on Friday, analysts said. That means it would cost $377,000 a year to insure a notional $10 million of debt against default. That's up from around just $24,000 a year ago.
Ireland's fiscal position has eroded sharply due to a steep economic slump. On top of that, add in the effective nationalization of the country's three largest banks and expectations for further outlays.
Iceland was left virtually bankrupt after its outsized financial sector collapsed under the weight of massive foreign-denominated debt.
But Ireland differs from Iceland in one important respect, said Nick Stamenkovic, fixed-income economist at RIA Capital in Edinburgh.
"Ireland has recourse to the European Central Bank and a lot of funds," Stamenkovic said.
Iceland didn't.
Chart of XX:1582808
As a result, comparisons between Ireland and Iceland are "overdone," he said.
Of course, there is the matter of the so-called no-bailout clause of the Maastricht Treaty, the agreement that established European economic and monetary union. The clause ostensibly prohibits fellow euro members from coming to the rescue of a member state in risk of default.
But the threat of a default would likely force fellow members to come to Ireland's aid "to keep the currency intact," Stamenkovic said.
Concerns have mounted as the Irish government has stepped up efforts to shore up its troubled banking sector. The Irish government last week announced the terms of a 7 billion euro ($9 billion) capital injection for its two biggest banks - Allied Irish Banks (AIB:
Allied Irish Banks, P.L.C.
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1:23pm 02/17/2009
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AIB 1.72, -0.36, -17.3%) and the Bank of Ireland (IRE:
The Governor and Company of the Bank of Ireland
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IRE 2.11, -0.48, -18.5%) -- with the funds coming from the state's pension reserve. See full story.
The government was forced to nationalize Anglo Irish Bank, the nation's third largest, in January. Ireland moved last October to guarantee Irish bank deposits in an effort to shore up the domestic financial system.
And experts expect the government will have to pump billions more euros into the banking sector before the crisis runs its course.
Economist Dermot O'Leary at Goodbody Stockbrokers in Dublin estimate the cost could total near 9 billion euros, but noted that much of the cost could be recouped in the future.
Meanwhile, a deep recession is also playing havoc with the country's fiscal balance sheet.
The Irish economy could contract by 6% in 2009 and a further 2.5% in 2010, according to Goodbody.
The budget deficit will reach 12% of GDP in 2009 and 13% in 2010, easily the highest in the euro-zone, O'Leary said in a research note.
But O'Leary and other economists note that Ireland entered the recession with a relatively healthy budget balance sheet after years of strong growth.
O'Leary, for example sees Ireland's debt-to-GDP ratio rising to 10% by 2010 and to 80% by 2012, which is still close to expected average European levels. End of Story
William L. Watts is a reporter for MarketWatch in London.
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Comments: 163
Those blasted Germans insist on savings and embarrass everyone. They have been a thorn in our side for decades.
- righturn
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12:21 PM today Stocks put November lows to the re-test, as S&P dips under 800
11:39 AM today Obama to sign massive stimulus bill Tuesday
55 minutes ago Oil drops 7% as U.S. stock indexes fall, economic worries mount
I really like sblk at 2.00
I am really tempted to move some $ around today
It is a hard call on timing,when we are being Obamafied right now
we could see some new lows,I hope I am wrong
prsc dropped .52 today
Hey Ray,
I would have paid for admission this morning to watch your software
Ya, SBLK is ripe for picking...just remember....it is a Greek shipping company. It hauls bulk goods..It is registered in one of those tax free countries..so Obama can't really screw it up.
The international steam ship and cargo container company that my wife works for is registered in Iberia I believe. None of the shipping lines can afford to be registered in the U.S..
We can and will see new lows....the news channels are dripping with blood, but that is what makes it a buyers market. They are even saying that.
This stimulus package is a joke. Now they are all ready talking about the next one. Jesus, they didn't even read this one! Oh well, in the meantime I am going to try and buy as much of the world as I can afford, because when it comes back it will be big.
PRSC should come back just as soon as Obama puts ink on the paper..That stock cannot lose.
Any other hot scoop?
I have to tell you,charts are a good tool to use
But with the economic Enviornmemt the way it is, banks buying banks company mergers to stay afloat etc.....
I really like to know
1.who is buying the stock
2.finances weak or strong
3.check the charts
4.I really like checking market shares available
and average volume
this is just a short list. and feel free to add to it.
maybe we can come up with combined list of tools
Just like a preflight ck list
looking for all input
I am with you on buying good deals right now
I like to buy in large enough lots that I am screaming when it goes in either direction lol