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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, 2 August 2013

HSBC

We caught the down move nicely but the rally has gone further than expected.Looking for a gap fill and reversal to sell


Looks like we are finishing a right shoulder ?


4 comments:

  1. QQQ ominous divergence MFI14.

    http://scharts.co/16NjYQ0

    ReplyDelete
    Replies
    1. I have just put 9 messages from Wags into the spam bin.He sends his regards :-)

      Delete
  2. Life is too short to waste any time in the fray with Wags. Well another day of irrational boole sheet. Evidently the kitchen was out of thin mints so the espresso was on the house. Uvee @ 33.33 reflecting 1/20th of the hell that lies ahead for the bloviators.

    My Silver manipulation indicator is possibly showing the worst is over. I'd call that a Best-Buy pattern, 3 Geeks and a chromed mouse.

    http://scharts.co/OA0GI7

    Wile

    ReplyDelete
  3. LMAO ! you sure have a way with words for an engineer ! (thats a compliment !)

    ReplyDelete