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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 20 January 2012

Ftse

we broke out from the small consolidation area/flag we have been trading in and could be headed for a backtest of the neckline from last year's top.We should see a decent decline from there.People are already talking about QE3 but it seems to me that we may need lower levels in the market or more concern over the economic "recovery" to justify that

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