This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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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
S&P Pitchfork and 1 year cycle
It is slightly confusing with the cycles in that we have just seen the 90 degree from the March low and have 360 at eom,with the solstice bang in the middle.I think eom low is likely but do we get a rally first ? Chart pattern is not really supportive of that.;Risks are firmly on the downside imo,even accepting that sentiment may be overly bearish for comfort
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