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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

Friday, 5 August 2011

2 point swing chart on SPY suggests a major trend reversal.Bulls need to take out the last swing high at 130.96 to regain any kind of initiative.A lower high would further strengthen the bear case















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