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, 2 October 2011
S&P
Last week we had a 7th lower top after failing twice to break the 40 dma.Friday was a large black candle closing beneath the moving averages.MACD has a small head and shoulder pattern.The potential for acceleration down looks good
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