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
Thursday 1 September 2011
Well a strong day on Ftse,I was too early in thinking 5312-5332 resistance would hold.If we do manage to push through 5400 (4800 x 9/8 Gann res) again there is resistance at 5517,using 0.618% retrace from 5966-4791, equality of range 4791-5377 added to 4930 low (this a Gartley ?) and square of 9 using 479 base and 1.61 increment (479 squareroot = 21.88,add 1.61 and square)
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