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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, 18 June 2011

Apple

Apple needs to see a low very soon,ideally Monday,which would mean we had a 4 month correction and the uptrend can resume.Failing that a 6 month correction would become a strong possibility,with the red ellipse being a distribution pattern.Friday was a bearish black long bodied candle.Closing above the 25% retracement would be bullish

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