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, 8 May 2014

no clear sell signal but Draghi's speech a damp squib and I can't see what is going to hold markets up here given all the divergences (Nasdaq vs S&P etc)
Ftse is in the sell zone,imo although waiting for a reversal candle might be more prudent  :-)

edit   not quite a damp squib....he may take action in June

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