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

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

Wednesday, 2 January 2013

I have posted this chart before. The cycle runs until 16-24 Jan.

Here is the TAS chart updated for Aud. We actually ran for 9 weeks and reversed on 10.Today (chart is per Monday close only)  is very strong (wave 2 ?)

we need to monitor both these charts for clues as to when "Risk on" reverses again