Recent content by CHARTY

Went short the future on the Dow. Bearish Harami last night, although of minor importance since not exactly at the end of long up-trend, minor negative divergence on RSI, Macd weakening, stochastics overbought, rate of change on 5 days indicate clear loss of momentum, with major negative...

And MACD is not looking very bullish either now!

Have seen the top for this cycle on COB? There is a minor negative divergence on RSI on 14 days. Macd also does not look too bullish to me, although money flow remains positive. Stochastics are in the overbought area, thus indicating limited upside. A hold? No financial advice intended.

Darth, any chance you can run this report again, please? If you come up with any stock, I will then do my analysis, for what it is worth. Tks Charty As far as WPP, the signal on the candlesticks proved to be very good, as any signal on candlesticks, it is only valid for no more than 3-4...

Here I am. They have gone under and, now I can say, they have deliberately hidden the fact they would not be able to pay writers until the very last moment. You may have noticed my postings had gone down in the last month, mainly due to the fact I am often away from the Net. I intend to post...

Erm, sorry, was that query for me or for Martin?

Closed my short on the Ftse.

I went short the Ftse last night (will I soon regret it?) The upper Bollinger band is at 5873. There was Doji formation last night on the future on the Ftse. This is a reversal signal. There is a minor negative divergence on the RSI on 9 days. Stochastics are in the overbought area and showing...

The long term future for the future on the Nasdaq remains negative. However, short-term the security may have more room for the upside. The lower Bollinger band is at 1389 and the upper one at 1823. Stochastics are rising and they indicate some more room for the upside, although limited. RSI...

I have noticed a minor negative divergence on BT on Macd and RSI on 14 days. What is the Chartman indicator saying?

Correct...Most brokers found results above their expectations..all of them see COB as good defensive play (however, if the tech stocks come back..then COB may be dumped for sexier stocks)..MOST borkers see current valuations reflecting fair value..Morgan Stanley wrote "..we think COB currently...

Chartman, my most sincere congratulations to you for spotting this. i have emailed to Unle the link to my article on COB. I have just added the volume component to it, which is promising. On fundamentals COB is trading at one of its historic lows in terms of P/E ratio AND, it has a solid...

This is an interesting thread and I just wanted to add few points. 1) This market, particularly the tech related stocks, are clearly trending. As an example, an ADX reading of 38.49 for the future on the NAZ is an indication of strong trending activity. 2) The SAR indicator developed by Wilder...

Does anyone know sthg about them? I know the recent jump was on the back of better than expected results on 15th March. I am not suggesting it is a buy..

Oh, Darth, may be I was a bit confusing. My points were. Do not try to catch a market at turning points, and not even venture trading against the major trend. If you do, then yes, use tight stop losses. However, my point was also that, when you trade in the direction of the major trend, then you...