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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 15 December 2012

Ftse is at a critical juncture,puncturing this long-term trendline with a Doji candle.Next week and the succeeding weeks will be important as to whether we are reversing (eg Evening star pattern ?) or merely pausing before thrusting higher


The daily chart (nearest future) looks quite bearish,with a broadening pattern and negative Macd divergence,and a backtest


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