.

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
.


The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Saturday, 28 January 2012

Barclays - ending ABC rally ?

This is  Barclays Bank with Murrey Math lines ,Gann angles and an atttempt at an Elliott wave count.Looks like we may be be finishing 4 and ready for 5 down.



Posted by at

8 comments:

  1. Anonymous29 January 2012 at 00:06

    WELL HELLO AGAIN .

    I LIKE THIS WEB SETTING . IT IS NICE AS IS THE CHART .

    BARCLAY APPEARS TO HAVE REACHED A SHORT TERM SOME OVER HEAD RESISTANCE AND LOOKS AS IF IT NEEDS A SLIGHT PULL BACK DOWN TO THE 187.2 LINE . THEN A MOVE UPWARD TO WHERE IT IS NOW, AND IF ABLE TO OVER COME THIS AREA , THEN A MOVEMENT UP TO THE AREA OF 250 OR THERE ABOUTS. I HAVE BOOKMARKED THIS SIGHT .

    ALL THE VERY BEST TO YOU . D-KNOX.

    ReplyDelete
  2. Chartrambler29 January 2012 at 00:34

    Very glad to have you aboard ! Feel free to comment and give feedback if you disagree !

    ReplyDelete
  3. Anonymous29 January 2012 at 02:52

    HI CHARTRAMBER ;

    SINCE I POSTED MY COMMENT HERE , I TURN OFF AND LEFT THE COMPUTER UNTIL JUST A FEW MINUETS AGO, AND I WENT TO DANERIC'S WEB SIT, BUT , I CAN NOT PULL UP ANY BLOG SITE , THERE IS JUST BLANK ON ANY OF THE COMMENT SECTIONS ON ANY TIME FRAME ? MAYBE I WAS KICK OFF OR THE DISQUS OR WHAT EVER IT'S CALLED , IS DOWN NOW, DON'T KNOW ?

    I BOOKMARKED THIS AND PLANED TO RETURN TO THIS SITE TODAY .

    NOW WHO WHO IS THE PICTURE OF THAT MAN AT THE TOP , IT SEEMS AS THOUGH I HAVE SEEN THAT FACE BEFORE SOME WHERE ? A LONG TIME AGO .

    DO YOU HAVE A DIFFERENT ITEM OF INTEREST EACH DAY . ONE TO EDUCATE THOSE WHO TURN IN TO SEE AND READ A QUESTION OR MAKE A REFERENCE TO A AREA OF T.A. THAT MIGHT BE INFORMATIVE OR TO GAVE THOUGHT'S TO A NEW IDEA OR CHART , AS WAS THE EXAMPLE TODAY ?

    THANK YOU FOR YOUR KIND RESPONSE .

    D-KNOX .

    ReplyDelete
  4. Chartrambler29 January 2012 at 13:24

    I THINK DISQUS HAS BEEN HAVING SOME ISSUE,SITE SEEMS OK NOW.
    THE PICTURE IS OFF WD GANN. I AM INTERESTED IN GANN,PARTICULARLY AS HE LOOKS AT TIME AS WELL AS PRICE AND IT IS INTERESTING HOW HIS NUMBERS COME TOGETHER.NOT AN EASY SUBJECT TO UNDERSTAND THOUGH !
    THE BLOG IS REALLY TO SHARE ITEMS OF INTEREST,TRY AND POST INTERESTING CHARTS.I ENJOY TA AND ALSO ENJOY THE MACRO.I RAN A LARGE JAPANESE EQUITIES FUND FOR A UK PENSION FUND FOR MANY YEARS BUT HAVE ALWAYS BEEN FASCINATED BY TA.

    ReplyDelete
  5. Anonymous29 January 2012 at 15:37

    HELLO CHARTRAMBLER;

    I LIKE YOUR STAGE NAME , IT HAS A CERTAIN QUALITY RING ABOUT IT.

    ARE YOU STILL ACTIVE WITH MANAGING EQUITIES , OR ARE YOU DOING FOR SELF, RATHER THEN FOR OTHERS ?

    THAT W.D. GANN , WAS AN ORIGINAL THINKER AND VERY CREATIVE .

    THAT PHOTO WAS PROBABILITY TAKEN IN THE EARLY PART OF THE 1900'S TO THE TEEN'S . HE WAS ONE OF THE FEW WHO FORESAW THE CRASH OF 1929 COMING BEFORE IT HAPPENED . HE LATER KILLED HIMSELF IF I REMEMBER RIGHTLY , IN 1940 , IN A BAR IN NEW YORK CITY. HE HAD A FEW , WENT INTO THE MENS ROOM , PULLED OUT A PIECE AND SHORT HIMSELF. AN EASY WAY TO GO, BUT A NO NO IN THE EYE'S OF YEHOVAH .

    THANKS AGAIN FOR THE INFORMATION ON THIS VERY NICE WEB SITE .

    ALL THE BEST TO YOU AND YOUR FINE SITE FOR FUTURE INFORMATION IN THE WORLD OF T.A.

    D-KNOX.



    ARE YOU NOW STILL IN THE U.K. ?

    I HAVE THOUGHT ABOUT SOUTHERN ENGLAND AS A POSSIBLE POINT OF LIVING THERE ABOUT'S .

    I AM NOT SURE I WOULD WANT TO STAY IN ISRAEL, AFTER DOING WHAT I NEED TO DO THERE . I DO GET ALONG WITH JEWISH PEOPLE VERY WELL,I HAVE ALL MY LIFE .

    I DESIRE SOME WHERE CLOSE TO THE WATER ALONG THE COAST , THAT IS WHERE I WOULD LIKE TO BE .

    THE LATITUDE IN ISRAEL IS NOT THAT MUCH DIFFERENT THAN WHERE I LIVE NOW. ENGLAND IS FAR NORTH OF WHERE I AM NOW, AND SOUTHERN SPAIN WOULD NOT BE A BAD PLACE EITHER, AND PORTUGAL ALONG IT'S SHORE LINE , A LOT OF BRIT'S GO THERE TO RETIRE .

    THANK YOU FOR YOUR INFORMATION ABOUT W.D. GANN , A CHARMING RASCAL TOO BE SURE .

    ReplyDelete
  6. Chartrambler29 January 2012 at 19:15

    HELLO D.KNOX,THANKYOU FOR YOUR KIND COMMENTS. I AM NOT MANAGING MONEY AT THE MOMENT.AM IN BETWEEN JOBS WHILE I PONDER MY NEXT MOVE.THERE'S NOT MUCH DOING IN JAPAN THESE DAYS !
    I BELIEVE YOU ARE MIXING UP WDG ,WHO DIED PEACEFULLY OF NATURAL CAUSES,WITH JESSE LIVERMORE.BOTH VERY INTERESTING CHARACTERS IN THEIR OWN RITE !
    I DO LIVE IN THE UK ANS HAVE BEEN TO PORTUGAL FOR HOLIDAYS,OFTEN,A CHARMING COUNTRY.

    ReplyDelete
  7. Anonymous30 January 2012 at 09:40

    HELLO CHARTRAMBLER ;

    YOUR ABSOLUTELY RIGHT , THEY LIVED IN THE SAME ERA , BUT IT WAS LIVERMORE WHO HAD MENTAL PROBLEMS . HE MADE MONEY BY BEING SHORT IN 1907,$3 MILLION IN THOSE DAY'S AND ANOTHER $100 MILLION IN 1929 BY BEING SHORT YET ONCE AGAIN . HIS T.A. WAS OUTSTANDING . HE MADE MISTAKES , BECAUSE HE DID NOT SOMETIMES LISTEN TO HIS OWN ANALYSIS .

    I THINK WE ALL SOMETIME'S DO THAT ? A HUMAN CONDITION . WHEN WE TRY AND FORCE A MARKET OR STOCK POSITION TO OUR WAY OF THINKING, WE RUN INTO THAT PROBLEM.

    I'S TOO BAD THE CONDITIONS IN JAPAN ARE THE WAY IT IS FOR NOW OVER 20 YEAR.

    BROKEN BIG BEN AT THE FED RESERVE IS DOING THE VERY SAME THING, JOHN KEYS SAID IN HIS WORK , THAT IF A NATION DID NOT HAVE DEBIT POSITIONS , THEY COULD USE HIS ECONOMIC PHILOSOPHY , OUR PROBLEMS ARE , WE HAVE HAD DEBITS FOR WELL OVER 25 YEARS NOW , WE USED TO LEND TO THE WORLD , NOW WE ARE THE ONE WITH THE TIN CUP OUT ASKING FOR ALMS .

    TAKE CARE . I WOULD LIKE TO SEND A MONEY ORDER , AS I NO LONGER USE CREDIT CARDS . I HAVE ALL MY DEBITS PAID AND ONLY USE CASH OR MONEY ORDERS NOW . IT'S IT POSSIBLE TO SEND SOMETHING IN AMERICAN MONEY ORDER TO YOU ?

    D-KNOX.

    ReplyDelete
  8. Chartrambler30 January 2012 at 23:06

    Hello D.Knox,thankyou for your observations and kind comments.Yes I gues we all learn not to fight the markets eventually.Sometimes I suspect it is easier if you ignore the fundamentals but that is very difficult,especially during such a watershed time as we are experiencing.As regards your last question the "donate" button is really only a voluntary suggestion if someone thinks an idea posted here has helped to make them money and I know you are not trading but I do appreciate the kind offer.

    ReplyDelete

Subscribe to: Post Comments (Atom)