Chariot Share Discussion Threads

[andonis] 27/7/2009 22:08

There are 3 fib retracements for the level we are here. If tomorrow the DOW rises again above 9150 then I see no stopping it. It would be a strong buy.

[andonis] 27/7/2009 21:28

for 11 days has been going up.

[andonis] 25/7/2009 09:37

Well for the DOW we are bullish on Monday.

[andonis] 24/7/2009 16:41

thanks rocking elmo, I guess you mean the NDX?

[rocking elmo] 24/7/2009 13:36

12 days of gains in December 1991
11 days of gains in Jan 1991

at that time in Jan 1991 it left a gap at 365 area that has never been filled

[andonis] 24/7/2009 12:43

Dont know.... but look at the gaps!!

[tpaulbeaumont] 24/7/2009 11:55

when was the last time NDX had 11 up-days in a row!?

[andonis] 24/7/2009 10:49

Last time we had 8 rises in a row....March 2003

[andonis] 24/7/2009 09:58

Last time we had 9 rises in a row was in July 1999 and 2005.


free stock charts from www.advfn.com

[andonis] 23/7/2009 20:57

we might be on point 20 on your 3-peaks chart...(at this minute)....as it has dropped since posting as expected from the similarity

[mr aboii] 23/7/2009 20:42

In this case we need the "small/medium" sized dip (your wedge) and sharp rise
(W formation)

[mr aboii] 23/7/2009 20:40

Also it is similar to George Lindsay's Three Peaks and a Domed House formation.

[andonis] 23/7/2009 20:30

any similarities???

[andonis] 23/7/2009 20:30

Thanks Mr. aboii

[mr aboii] 23/7/2009 20:27

Nice charts Andonis.

Best Regards: JP

[andonis] 23/7/2009 20:04

and of course 14500 in October 2012.

[andonis] 23/7/2009 18:59

Here is a possible outcome.....

[andonis] 23/7/2009 18:57

here is a possible outcome...

[andonis] 23/7/2009 17:57

I cant believe it that tpaul agrees...I wonder whatever happened to you!
Yea it can be seen as an inverse H&S. And knowing how hungry the FED is they will make anything to bring it over 10k asap...
Problem is there is no certainty that it is a H&S until it is confirmed and this isnt yet..it needs to break up..

[tpaulbeaumont] 23/7/2009 17:18

thats very sensible ando, monitoring fibs from several places :) there must be alot of folks thinking the inverse H&S is playing out.

[andonis] 23/7/2009 16:57

If this does not stop here where there is a double fib retrace resistance then another weaker stop at 9850 and then little resistance to 11600 I can see.
First things first,....this is turnig over around here..

[andonis] 23/7/2009 16:53

A perfect retrace to 1/3 so far. A good point to turn over for some rest for a while.

[andonis] 23/7/2009 16:21

go play with yourself boy ! It is due to turn next week...Or would you know any better?