Chariot Share Discussion Threads

[andonis] 01/3/2010 21:04

WOOD: PROBLEMS IN GREECE ARE A LEAD INDICATOR

My view is that there is an inevitable endgame as a result of all this massive spending of taxpayer money in the West and Japan to bail out bankrupt banking systems, so in my view unfortunately the end game will be systemic government debt crisis in the western world. It will probably happen in Europe and will climax in the US, and i am expecting on a five year view the collapse of the US Dollar paper standard...The key reason why that is the endgame is that this credit crisis we saw in the west in 2008 and 2009 has simply been deferred, because 95% of the so-called government policy solutions to deal with this crisis have simply been to extend government guarantees. So the problem has been transferreWd from the private sector to the public sector. It is just a matter of time before investors revolt against these sovereign guarantees...The crisis is going to happen first in Europe, the US will be the endgame.

Wood is more optimistic on Japan and its 200% debt/GDP as the bulk of the debt is held by Japanese investors, which is not a new topic and has been discussed previously by SocGen's Dylan Grice, who however comes to the opposite conclusion. And to be sure, Chris' optimism on China has recently met with some stern opposition, including some of the most respected hedge funds, who see a simmering crisis in the world's most populous country which will make all existing bubble seem tame in comparison.

[navyan] 01/3/2010 18:31

Yeah, so the broadening wedge did work then. re post navyan - 26 Feb'10 - 19:44 - 2902 of 2944

told u amateur have 50% chance of getting it right, hehe..

thought about shorting NXT at 1900 last night, but didnt manage to get up early enough in the morning and missed the 1900, doh.. never mind, always another trade tomorrow if I can get up early enough.

[andonis] 01/3/2010 18:26

Hi Navy yes and you were right....you told me last night...

[andonis] 01/3/2010 18:23

Update of my wave count....see previous post 2887.


free stock charts from www.advfn.com

[navyan] 01/3/2010 17:42

Dow has gone up..

[andonis] 01/3/2010 17:01

DEBT+DOLLAR+DELUSION+DEPLETION=DECLINE

[andonis] 01/3/2010 09:09

Well done
Closed leftover shorts for a small loss.

[navyan] 28/2/2010 22:20

closed Dow long opened from last Friday +50.

[andonis] 27/2/2010 21:03

no anywhere in the world....not on plates only....obviously earthquake prone...it could be near plate lines

[imabastard] 27/2/2010 20:20

Starting points are major cities on the plate lines ? Followed by historical frequency and forward forecasting ?

My guess was April 1st next one .... let's see how that does. :o)

[andonis] 27/2/2010 19:52

well where is your list of glory? I am still improving so my success rate is not bad but it has happen to get one or 2 days off, or to miss a few. Considering I have no instrumentation and multimillion dollar equipment this method is the poor mans predictor. Also it is not so easy to get the intensity right. But then I am improving it slowly. I am also working on a method and it looks promising, to predict the earthquake frequency at a specific location rather than at unknown place globally. Of course globally is more impressive as the Richter can be very high! ...but hard to find the place where it could happen. What i try to do is to fix a location and try to find the dates and intensity hopefully. The method I hope is applicable to any city/location but the work has to be repeated. So its hard work. Working on it when I can..So will keep ya posted.

[imabastard] 27/2/2010 19:48

Will watch with interest.

[andonis] 27/2/2010 19:39

I guess the Chinese have enough land.

[andonis] 27/2/2010 19:23

Predicted strong Earthquakes >7.0 R for 20111) January 13th 2) January 16th 3) January 26th 4) February 20th 5) March 20th 6) March 26th 7) April 16th 8) May 19th 9) June 12th 10) July 9th 11) July 31st 12) August 6th 13) August 30th 14) Sept 4th 15) Sept 28th 16) October 26th 17) November 15th 18) November 25th 19) December 10th 20) December 25th

[navyan] 27/2/2010 18:55

Region WESTERN XIZANG----western Tibet? is it part of China? hehe...

[andonis] 27/2/2010 18:25

An Earthquake in China....yesterday.
Magnitude 5.4
Date-Time

* Friday, February 26, 2010 at 04:42:29 UTC
* Friday, February 26, 2010 at 12:42:29 PM at epicenter
* Time of Earthquake in other Time Zones

Location 28.432°N, 86.769°E
Depth 10 km (6.2 miles) set by location program
Region WESTERN XIZANG
Distances 70 km (40 miles) N of Namche Bazar, Nepal
165 km (100 miles) ENE of KATHMANDU, Nepal
220 km (135 miles) NW of Gangtok, Sikkim, India
670 km (415 miles) NNW of Kolkata (Calcutta), West Bengal, India

[andonis] 27/2/2010 15:36

I will soon post the March Earthquake dates that I think are likely to happen.

[andonis] 27/2/2010 15:12

Actually we had 2 quakes One in Japan and another in Chile Nav, which shows the potency of the method.

[navyan] 27/2/2010 11:01

Well done re the Chille earthquake.

[andonis] 27/2/2010 07:10

Sorry to hear that there are no telephone connections to chile. I have no reports of the seriousness of the situation.