Chariot Share Discussion Threads

[invisage] 19/7/2006 18:22

Ando

DOW up almost 200 points today ... i would be interested in your thoughts on the DOW and FTSE please.

Thanks

[andonis] 14/7/2006 09:01

I will wait and see where this move ends first. It is not clear to me it will end at 10700 maybe 10650.

[invisage] 13/7/2006 21:45

Ando

So you think a bounce of 10700 would take us to 11887 mid august ?

[andonis] 13/7/2006 21:07

Invi...it turned out well huh! ;-) Someone is smiling....

[andonis] 30/6/2006 20:27

Invi, this is what could happen in view of todays price. At the level shown 10900 a bounce and then retesting 10700. Possible scenario.......

[andonis] 30/6/2006 16:40

I think we could have seen it already. Well she could stall at 11287 ish. IF it stalls, then we can have a nice drop. Somehow it looks like we have either seen the low for the year or maybe 10625ish in october, in which case 11887 ish could come by mid August. Time will tell.

[invisage] 30/6/2006 16:27

Whats your low for this year Ando ?

[andonis] 30/6/2006 16:26

She has already done 11233 which shows how in control the bulls are: Let us see how much the bulls will allow to correct, and if 11k will come. If not then 11400 is the next target.

[andonis] 30/6/2006 13:08

Well here is the same using candles. I expect a bounce back from this level....but nothing major. When it reaches 11240 ish then a pullback to 11k is possible. After the 11k pullback she will rise again. This is crucial and could last to mid August. Then decide if she will go to 11400+ or retest the 10700 level.


free stock charts from ADVFN.COM

[invisage] 30/6/2006 12:52

ok Thanks

Please can you provide me a full analysis when you have time, i am very interested in your thoughts on the markets.

Thanks for your time.

[andonis] 30/6/2006 12:36

Yes Invi....10k looks remote and very hard indeed this year. The odds are not good for 10k this year. I expect this to rise (not today) to 11230-40 ish

[invisage] 29/6/2006 21:01

The Dow Jones Industrial Average was up 215 points at 11,188, putting it on track for its best close since April, 2003, with all of its 30 components in positive territory.

DOW 11189

[invisage] 29/6/2006 20:49

Andonis

The DOW has ended above 11100, time to reasses? No more 10,000 DOW ?

[invisage] 21/6/2006 23:31

Yes, that chart does look like it can go up or down, considering that short term down trend is broken.

[andonis] 21/6/2006 22:25

Invi, my target on 11100 is the limit for hitting 10k by October. Well she went to 11130 but dropped below by close. Unless she begins to drop and challenges the June low, yes you are right I would not expect 10k by October, and we wont see 38% drop. So this is right at the limit for my liking. Lets wait till its clearer tomorrow before making statements.

[invisage] 21/6/2006 19:39

Ando

You said

andonis - 16 Jun'06 - 09:27 - 51 of 61


Invi: I will be surprised to see above 11100 for the DOW. But we will see

Its broke 11100, does that mean you become more bullish now ?

[andonis] 21/6/2006 08:42

Hi Invi, 5380 was my estimate before a bounce. I rarely trade ftse so I have not looked at the sectors.

[invisage] 21/6/2006 08:15

Invi: I have posted all that already.

Where? please direct me to your post that says your low point on the FTSE ?

and

"What sectors do you think will rise after this correction?"

Thanks

[andonis] 21/6/2006 07:53

Invi: I have posted all that already.
Today we have a T-square between Mars and Saturn in a conjuction and moon and Jupiter in opposition. Lovely catalyst for the beginning of the next fall.

[invisage] 18/6/2006 23:40

"and forget that a 30-38% correction is healthy and needed for continuous rising markets"

I agree, much needed. What sectors do you think will rise after this correction?

i am bullish on Gold and oil stocks.

What is your low point on the FTSE ?

[andonis] 18/6/2006 23:27

Hi Invi,

I changed my mind when the Dow rose and broke my upper target at the beginning of the year.

Yes I also think FTSE is cheaper.

'Would you say after this correction we are in a major upmove, a bull market greater then that experienced the past 3 years?'

After october assuming 10k has been reached the markets will rise and to over 12k. That is not bearish is it? I think people expect the market to just rise, and forget that a 30-38% correction is healthy and needed for continuous rising markets.