This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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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
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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, 15 May 2010
s&p with 200 week mvg ave
One possible outcome is we churn beneath the 200 week moving average for a few more weeks or months.Bill McLaren thinks we will see choppy distribution period and points out the high came in at the mid-point of a 5 year cycle,suggesting a final low in 30 months time
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