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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 24 July 2010

FTSE100



bullish candle on ftse following last weeks bearish inverted hammer,broken out of my pitchfork.....mining stocks (and BP)have helped ,I think they have formed right shoulder patterns,look as if they have exhausted but we shall see. On the "death cross" chart the Ftse can be seen to be backtesting the necline of the expanding wedge and the 200 dma.





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