Chariot Share Discussion Threads

[andonis] 04/10/2008 09:55

This is the exponential growth I am talking about. It is a logarithmic plot and every exponential on a log plot is a straight line....

[andonis] 04/10/2008 09:45

Here we see that since 1993 which is a critical year the rate of growth of Dow has become distinctly exponential at a higher rate. The blue support line shows a DIFFERENT exponential rate of growth to the black support line of pre 1993. The issue is if we will continue to grow exponentially or retrace down ro 4400 in order to come up to the old levels of growth which MAY be more sensible. It is also likely that we come down to the level of 6500 in order to grow from there. Whatever happens now in the next 2 years will set the foundations for the next few years. But....we pay for the exponential growth of the markets. NATURE shows that what grows up fast comes down fast.....

[andonis] 04/10/2008 09:22

Then we retrace to 9100

[andonis] 04/10/2008 09:03

This simple chart which records all data from the beginning of the DOW not just partial, (note starts from zero!) shows that the retrace of yesterday hit a support level. This means it will bounce from here and stay up for a while it does not mean the recession is over, but this level is a support...Of course down to 10,000 does not alter this concept as we are only 300 points from 10,000 but from here or 10,000 a rise of 2000 is not impossible. then we will see as I will show in the next chart down to 6k is not impossible is the medication does not work out

[invisage] 03/10/2008 14:43

That chart is interesting Ando. maybe the Dow is forming a head and shoulders?

[andonis] 03/10/2008 12:12

No more milk!

[eyemouth] 01/10/2008 00:33

Hi there Invisage,

Still calling Supermum SuperBUM Supermum says that you are really tenapen.

tenapen once said that he doesn't get it not even with that big bird on a Friday night. What doesn't he get and what big bird?

Did Supermum enjoy the boating trip with Cat?

Yes you see little pigs have big ears and little pigs squeal.

I jest. really I do. It's only my opinion.

[pillion] 30/9/2008 23:35

andonis post 814; good chart; I agree going down big time
-----------------------------------------

October Comp;-- enter now !!

[eyemouth] 30/9/2008 22:29

Hi there Invisage,

Still calling Supermum SuperBUM Supermum says that you are really tenapen.

tenapen once said that he doesn't get it not even with that big bird on a Friday night. What doesn't he get and what big bird?

Did Supermum enjoy the boating trip with Cat?

Yes you see little pigs have big ears and little pigs squeal.

I jest. really I do. It's only my opinion.

[invisage] 30/9/2008 20:38

andonis - 30 Sep'08 - 19:43 - 813 of 814

That chart is interesting Ando. maybe the Dow is forming a head and shoulders?

I reckon we will see 8000 on DOW and 3000 or so on FTSE when all this bottoms out. Maybe we will see a Bottom towards the end of this year.

[andonis] 30/9/2008 20:23

If the world recession does not get sorted then as you can see 5th wave extensions get punished to such an extend.....unless a new medication is given.

[andonis] 30/9/2008 19:43

This shows that 9623 if not even 9000 is inevitable!

[andonis] 30/9/2008 16:12

A view from the past....This is what I said in 2005!!

[andonis] 30/9/2008 16:06

If the 10k range does not hold longer term when it gets there,...then 5k is a possibility!!!! But I will be surprised if it does not go to 9700 ish.... I hope the medicine works to kick the markets up from the usa but....I doubt it.

[andonis] 30/9/2008 15:37

A more realistic expansion and labelling maybe this one. But time will tell...

[andonis] 30/9/2008 15:25

Here is what I think Mr. Invi. All approximate (The projections).

[andonis] 30/9/2008 15:06

see above ....the projections are arbitrary

[invisage] 30/9/2008 12:26

Ando

Where do you see the DOW bottoming out and what time frame ?

[andonis] 30/9/2008 09:03

Failed 5th wave extensions....

[invisage] 24/9/2008 17:02

Ando..can we stick to charts plz? :p

lol

[andonis] 24/9/2008 16:38

A view from the moving averages point of view....
Still think it will rise short term but only to come down again to perhaps new lower low ...

[andonis] 23/9/2008 19:26

Short term...