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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 3 February 2013

Still unable to post charts.Next level for Spx is 1517.5 (square of 1440) I had hoped for a turn last week on  the 240 day count but the 240 degree count comes in a few days later in which case it should turn very soon.Trend is still up,clearly.Still watching 7900 area on Dax.Rut right at resistance around 910.

one small straw for the bears is the price action in JNK and HYG last week,these might be leading

GLD may have put in a triple bottom,in which case last Mondays low needs to hold.Friday's
candle not inspiring though.

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