Chariot Share Discussion Threads

[invisage] 19/10/2008 23:19

Ando

What i am not understanding about your chart is 847 you say the next move is up but you don't have a turn date or a low for another few weeks. Please explain...

[andonis] 19/10/2008 23:17

between arrows equal length

[andonis] 19/10/2008 20:05

hi Chastnuts...nice to hear you still around. Yes I agree the 3rd wave should not be the shortest. See post 804 i think where details I have shown) I am not sure however which chart you refer to. Let me see the details (please post your chart) and if it is I will correct it. I think it is a rise from here by the way even if it will not be without significant drops). I think the rise from 2003 has been fully corrected. All the best...

[chestnuts] 19/10/2008 12:28

Andonise
Hope you are well
Its been a long time since we last talked.
I have looked at your charts and your count might notbe correct as in Fithe wave extension and that is the 3rd wave can not be the shortest, i think its more likely to be an 3rd wave of a 3rd wave and wether you look at the dow or the ftse i think the count is the same, any way the ftse is going to around 3200 before a bounce.

[invisage] 18/10/2008 12:32

Ando

Where next for the FTSE/DOW plz ?

Short and Medium term? Thanks

[andonis] 13/10/2008 13:23

The minimum may occur November 19th 2008.

[andonis] 11/10/2008 16:32

There is support here but if not then correction to 6320 is needed. But bounce on Monday I expect. The 5th wave extension correction is complete.

[andonis] 09/10/2008 23:44

This is why a bounce to 11k is possible now.




free stock charts from www.advfn.com

and this is a previous bounce level same position as where we are now.

[andonis] 09/10/2008 23:21

The punishment of 5th wave extension......There will be a bounce soon.

[andonis] 06/10/2008 17:14

9170 os possible. Punishing 5th wave extensions. At this level a rise is due.

[andonis] 04/10/2008 19:54

see post 805

[andonis] 04/10/2008 19:50

Down to 10k is to be tested but that does not change the charts 300 points from here is noise when the charts are from day 1 of the dow.
A bounce from there is certain perhaps to 12k

[invisage] 04/10/2008 10:27

Ando

I am expecting more downside, i think the market will bottom in the next few days. And i expect next week to be very brutal.

The Fed injection has'nt worked, it is clear with Fridays decline. The focus will now shift to the real economy and dire earnings. This will trigger a drop in the markets, the analyst are still forecasting 2009 earnings too high. They will need to be revised down.

The market is not taking into account the wave of bankruptcies, deleveraging and job losses. It is only the financial sector that has taken a beating, the other sectors will be hit soon too and then the markets will really unravel.

Any of your charts saying this ?

[andonis] 04/10/2008 10:07

Of course the world leaders could choose to continue NOW to rise.... like the chart below. If so by 2018 will be the end of this financial system we will come down to under 5000 like a rock, and many will die of shock.