.

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

Thursday, 4 February 2010

Rio



One trading strategy is to wait for a stock to retrace into the 50-61.8% retracement zone of a previous decline (or rally) and sell it (or buy it) when it breaks back out of the zone.
Using this strategy would have placed you short Rio last week.The chart of the UK mining sector looks very weak.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)