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

Thursday, 2 January 2014


This was a pretty bearish candle on the Dax but bears will need to see follow through.Breaking the Dec 2 high and 10 dma are next things to look for


  1. DAX still looks fine on the monthly.

    Downside in the summer/autumn to 8000 - which would equate to sp'1625/1575.

  2. I'm a bear but not a reckless bear (any more :-) Playing it one candle at a time . The 6 year cycle intrigues me though (see yesterdays post)