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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

Wednesday, 1 June 2011

Headfake

well looks like yesterday's strong rally  was a headfake...I expect selling to continue and would use yesterday's high as a marker to tell me if  that view is wrong.The Dax chart confused me with the gap up from the island (see earlier post today) but we are back below 7200,3rd LH setups in place on some indices (Gann acceleration setup).Financials very weak,big move on Vix
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