Pond Life
- 02 Jul 2005 21:31
Welcome to my charting thread where I will store all the charts I need for stocks on my watch list. Feel free to post your comments on any stocks featured, or add your own.
seawallwalker
- 02 Dec 2006 22:58
- 63 of 98
cynic, it seems to be, but most other pundits are calling for a correction that is occurring now.
I have been following a particular expert, Tom Houguard, and though I thought he had it wrong he has been right in the end with his predictions.
http://www.tradertom.co.uk/28november2006.htm
http://www.tradertom.co.uk/documents/DAX_Cash_Market_011206.pdf
I am a little wary of any LTBH since the 17th November, but that's not stopped me making a bit of pocket money.
cynic
- 03 Dec 2006 08:26
- 64 of 98
SWW .... many thanks for your post ..... of course a correction should not be confused with a change of sentiment ...... friday was interesting in that Dow briefly dipped below 12100, but then rallied strongly to finish at around 12200, indicating to my mind, that the trend is still firmly north .... FTSE similarly bounced off its support levels
seawallwalker
- 03 Dec 2006 08:55
- 65 of 98
You are welcome, I am getting into charting too now.
Knowledge is still art a basic level but improving.
That's why I went looking for, and found Tom.
I was told by a friend who is in investment banking, to keep an eye on his interpretations of the charts.
cynic
- 03 Dec 2006 09:13
- 66 of 98
mine remains positively basic!