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

Friday, 11 July 2014

European banks.Chart by Kimble


  1. He CR,

    Posted this on Danerics and thought you might be interested given your nice chart above. Bearish count (channel, count, et cetera) has us done at the yearly R! pivot (most recent high). Under this count the Sept low and big bounce scenario will not happen. So, I am watching for breakdown between now and Sept to confirm the bearish top.


    Have a great weekend,

  2. And DAX Chart (Beligum broke monthly low again btw):