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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

Monday, 10 January 2011

EW video

Nice video from ET (Joe the Elliott trader,who is active in posting live charts in the CIL/lounge...link above !)
Joe puts forth a detailed study of why he believes the rally in the S&P from March 2009 can be counted as a nearly completed corrective structure


http://www.youtube.com/watch?v=4I-6eexbTzw&feature=player_embedded#!
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