Chariot Share Discussion Threads

[andonis] 27/7/2010 16:57

andonis - 9 Jul'10 - 08:27 - 3963 of 4045 edit

Those who have ignored the 5th wave extension which I have pointed out in this forum July 1st, have paid the price dearly.
Return to 10225 is non negotiable imo.
Only at that minimum level or most likely 10366 it could come back as per post of 3939. In many occations 5th wave extension returns to base, in this case 10500 too.


and today we have a complete retrace....


free stock charts from www.advfn.com

[andonis] 26/7/2010 00:02

Mechanical surgery!

A mechanic was removing a cylinder head from the motor of a Harley
motorcycle when he spotted a well-known heart surgeon in his shop. The
surgeon was there, waiting for the service manager to come and take a look at his bike.
The mechanic shouted across the garage, "Hey, Doc, can I ask you a
question?"
The surgeon a bit surprised, walked over to the mechanic working on the
motorcycle. The mechanic straightened up, wiped his hands on a rag and
asked, "So Doc, look at this engine. I open its heart, take valves out, fix
'em, put 'em back in, and when I finish, it works just like new. So how come I get such a small salary and you get the really big bucks, when you and I are doing basically the same work?"
The surgeon paused, smiled and leaned over, and whispered to the mechanic...
"Try doing it with the engine running."

[navyan] 23/7/2010 15:39

nice charts Ando.

yeah, maybe I should just trade it myself and lose it quicker, hehe.

[andonis] 23/7/2010 12:43

Nav, imo you either trade your own money or leave it to the bank for fixed interest rate. I saw this chart from GSands. Good observation.

free stock charts from www.advfn.com

[navyan] 22/7/2010 22:53

I am keeping ok, great holiday though, very hot over there, 35-40 degrees during the day, it's like living in a sauna room. but great food and quality time with family and all that.

my 'top trader' has managed to lose some profit which he made in the past two months. but I will keep monitoring.

shorting on the major index is probably the sensiable way to trade atm.

[andonis] 22/7/2010 22:45

Yea he is unwanted here. Anyway not worth discussing it. How are you keeping.

[navyan] 22/7/2010 22:12

you sacked him? NOhhh... we are in recession u know, how could you make him jobless?

yeah, short Dow.

[andonis] 22/7/2010 22:02

Hey Nav welcome back from hols. I sacked the teaboy. Useless he was. 5300 already here. Short DOW FTSE the lot. LOL

[navyan] 22/7/2010 18:21

hey god, how u doing, I am back!

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FTSE is getting closer to 200ma again which is around 5360, I'd say go long if it breaks 5360 and set target to the upper resistance channel line 5528. but should it respect the 200ma, then short it for first target 5300 and second target 4868. any thoughts guys?

[jon827] 21/7/2010 22:06

"The trend is your friend except at the end when it bends"

Ed Seykota