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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 31 August 2013

http://trader-moe.com/potential-spx-meltup/

"I have a vivid memory of this exact same set-up leading into a melt-up that retraced something like 78% of the prior move, and I know I’ve seen a very similar kind of set-up more than once in the middle of some of the head and shoulders patterns we’ve seen since the 2009 low. What followed the melt-ups were hard moves down to significantly lower lows."

 a reminder,if one were needed,that bears should never be complacent

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