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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


Tuesday, 7 June 2011

Continued selling pressure

5 red weekly candles....now we have 5 red daily candles and today an inverted hammer.The market should have bounced today (or yesterday) given rsi,the gann line support on the dow etc so I think there is a real risk of acceleration down now,into the end of month cycles.At a minimum the 200 dma should be tested.I think the Dax will gap through that neckline

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