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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, 20 August 2011

SPX

My best guess at the moment,looking at the channel,the square of 360 resistance levels and the 1 year cycle approaching at eom is a final flush down to 1070-80 area to compete 5 waves down from the July high.This would set up a rally before the next stage of the decline

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