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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, 18 January 2013

Dow

I feel upside is probably limited here but we could churn sideways before the big move some are expecting






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3 comments:

  1. Anonymous18 January 2013 at 08:09

    It will be big, and it will be down. :-)

    Check out this killer chart to complement yours:
    http://imagehost.vendio.com/a/905774/view/Jan192013RATIOTWO.png
    From Short Takes
    http://ciovaccocapital.com/wordpress/index.php/stock-market-us/some-short-term-concerns-remain-for-stocks/

    ReplyDelete
  2. Chartrambler18 January 2013 at 11:06

    Am inclined to agree HD thanks for the links. March tends to be very important month for Dax so I wonder if we could have a lot of volatility till then,then plunge in March,3 years from the low or maybe its a lower high. In theory all those highs from 7200-7500 in the Dax are now support :-)

    ReplyDelete
  3. Chartrambler18 January 2013 at 11:07

    sorry I meant HR :-)

    ReplyDelete

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