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
Sunday, 9 October 2011
Pinocchios
At turns there has often been one isolated candle that popped above the 3dema and was reversed the next day....hence "Pinocchio" candle.Mon or Tues should reveal whether such a setup is again present.Note the NYSE already gave a lower low on Friday.
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