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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 6 November 2010

S&P fib retrace


The S&P has tagged the 61.8% retracement of the bear market at 1228 and the April high at 1219.A failure here would imply a potential double top.
      

  

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