Chariot Share Discussion Threads

[r88ave] 29/2/2012 22:07

what do you reckon ando,the big sell off?

[andonis] 29/2/2012 22:00

Well I have focused on DOW this evening. I will try to post for FTSE later.

[wookie77] 29/2/2012 21:43

Hi Andonis, i closed all my long positions this morning many of which were gold/oilies and bought a £150k PUT on the FTSE. So feeling fairly happy...do you have any targets on the FTSE?

[andonis] 29/2/2012 21:36

Well had a pretty good day trading. Better than average, and this is mainly due to good planning. Markets fell by 1% exactly. I managed to gear this and by close I counted a profit of 15% in one day. That is good by my standards although I am trying to improve. Sounds like beating your own drum. I am sorry if it does I am trying to trade my plan and when it works and it does not always work I say so as it improves my confidence. Market top is on for a bit, Markets will rise again but for now 13050 was a top. We will see how it goes.

[andonis] 29/2/2012 05:36

Hi guyswonga74. Markets have limited upside at the moment. I think a correction is due how large we will see. To buy where I consider top I will not advise. However this company is chartwise interestingly attractive. I may consider myself when I sell FTE. This is due for a bounce and longer term looks promising for doubling etc. So good choice as pertol prices are to rise.Problem there for is petrol will rise but markets will fall. That makes it harder to flourish as a company. We will see how it evolves....Keep sending me good ideas as I do not do companies and focus on index, but I would try some companies for investing. Take care, good choice I would not go overboard but looks good....Best Luck too.

[guyswonga74] 29/2/2012 03:38

Hi Adonis, I hope your well, i sold my stocks a week ago with some nice profit in part thanks to you, I am sitting on cash for the time being, but i am interested in PTR, would you mind casting an eye over them and drawing a chart, as i think they are oversold at 10.25p at the moment and am considering buying in. Many thanks

[andonis] 28/2/2012 20:26

Hi Guru, nice to hear from you.
Agree with you.... Hope you keep well....keep posting you are welcome or if you are in the VOD thread I will be visiting.

[gurunostradamus] 28/2/2012 18:47

...indeed...the donkey thinks the top may already be in or very close to it this week with the correction starting in march...which is only Thursday this week...and the initial first leg could be for about 1/2 moon cycle...

[andonis] 26/2/2012 06:57

Good Morning! Since we expect a correction coming, see above posts, clearly with circles and resistance lines as shown we expect therefore to retrace somehow. Interestingly from the 25th November 2011 low we have 3months, 13 weeks, or 61 days to the top we experience. So I expect a top next week for sure.

[andonis] 25/2/2012 16:37

consider shorting the Euro at 1.3544

[andonis] 25/2/2012 16:33

Short CHAR

[andonis] 25/2/2012 05:08

r88 I dont with RIO. I think down may be the way....

[r88ave] 24/2/2012 12:41

Hi Ando

What is your opinion on RIO it seems to found support around 3643 before next leg up do you think?

[andonis] 24/2/2012 10:57

Elliott Wave Analysis FTSE

[andonis] 23/2/2012 23:36

Someone has to short the euro - usd

[andonis] 23/2/2012 15:24

Dont we love circles? As crouds of traders, bots and whatever, look at this chart. It broke down like a knife, did not like it down there and look how quickly decided to get back into the circle. The circle however now acted as a resistance and it hangs on there from the edge.....
The power of THE CIRCLE... (Masonic?)

[andonis] 23/2/2012 12:47

Lets see how long this circle will last....price today has tried to hold within