Chariot Share Discussion Threads

[navyan] 21/2/2010 17:13

nice one aex, I have been doing some research on China lately, and it seems the real estate bubble in Shanghai and HK is about to bust, both Jim Rogers and Jim Chanos have the same view on it. and there is only so much the chinese governemnt can do about it now, once it is out of control, we could see sharp drop of demand of commoditiy from China as the latest GDP figure was a figure set by the governemtn that has to be achieved, fueled by the big stimulas package from the government last year. which created excess supply of everything, and bubble in real estate in China, so around 3rd quarter of 2010, we will find out the real picture of the Chinese economy.

p.s once the demand from China is disappearing, then it will hurt the natural resource export countries such as Brazil..

[andonis] 20/2/2010 21:14

Re CCL: I think CCL is due to fall near term.

[andonis] 19/2/2010 22:05

short over the weekend from 10400.

[navyan] 19/2/2010 21:45

thanks guys, have a good weekend tooo :)

[axe79] 19/2/2010 21:40

Yes, that's all factored in.
Your charting is improving nicely, don't become too reliant on just that alone.

Making and banking money is the only thing that counts.

Have a good week end down in Bristol.

[andonis] 19/2/2010 21:36

nice chart nav well done. I am impressed. Very good observation.

[navyan] 19/2/2010 21:20

axe, here is the current downward trend channel, it has better chance going down than going up.

[axe79] 19/2/2010 20:52

Just closed out at + 20pts, didn't like how it was finding it hard to get through 10420!

[axe79] 19/2/2010 20:32

Hi guys, just gone long from 10392!

Game on, expecting this to close higher, maybe on its high of the day.

[navyan] 19/2/2010 18:42

okay Ando, 10438 intraday high, see my post 2641 suggested 10444.

next stop 9631.

I hope you have shorted it !!


free stock charts from www.advfn.com

[andonis] 19/2/2010 18:03

Well kash if this holds tonight to this level, coupled with the fact that China comes back from holidays and the chances are they will buy, this is set for a rise to 10457ish, and why not 480. It does not look good for the bears like me. lol We will see. i certainly expect a retrace at 425 but has not come yet and expect it end of day....

[kash18] 19/2/2010 16:36

ANdonis

what are the charts saying now that dji has broken all trends and FT

are we looking at next res of 10455 and 5398

[contrarian2investor] 19/2/2010 15:11

andonis,

Please could you run your analyticals skills over CCL for me?
I currently have a short position on it however its continued rise is bewildering.

Thanks in apprecaition of your reply.

c2i

[andonis] 19/2/2010 14:49

well done axe m8.

[axe79] 19/2/2010 14:01

Just closed my longs at 10384, flat now.

Off to the gym and a swim, will probably take another position in the last 2hrs.

[kash18] 19/2/2010 13:57

andonis

thanks, will keep lookout, i had my res at 10399 and was going to short it at closing time but hesitated. Never mind always another day, thanks for posting charts, learning lot from it.

good luck

[andonis] 19/2/2010 13:33

Superstar, I am short but I would be from lower than 10420. If it jumps above 10425 then we have a situation changes. Over 10425 I see a change of mood and it will fill the gap all the way to 10600. So thats my limits. So I expect today to lower. But if I am wrong 10425 is my limit.

[andonis] 19/2/2010 13:29

Yes you can overly sector charts provided you know the EPICs this is done within the overlay option of the chart tool (ADVFN)

[andonis] 19/2/2010 13:27

Minky, re: writing own indicators for ADVFN charts is not possible from client side. Only ADVFN can do it and allow us to use them.

[andonis] 19/2/2010 13:23

re sectors see post 1614 in this thread...All sectors are there...