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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


Thursday, 5 September 2013

Facebook

FB is 1 year from its low now but I wonder if it needs 45,maybe a spike in next day or two ? 18 and 45 come from the Gann "circle" and notice how the midpoint of such a move (31.5) was a big resistance level.
 You could also say 18 is 2 times 9 and 45 is 5 times 9.On the lower chart I added some more levels and 18 week cycles (2 times 9)




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