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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


Monday, 6 October 2014

SPY

Price rejected the 197.4 level. A LH and LL is needed to confirm


5 comments:

  1. Last ridiculous move into the Sornette bubble is giving the white shoe Boys a Wile cliff-ledge moment.

    http://scharts.co/1EqmcHT

    Rolled the DohSTO and is just awaiting the anvil.

    ReplyDelete
  2. Knee-slapper of the day -- Derivatives complex estimated at $1.5Q. Can we imagine how big this is ?

    http://moneymorning.com/2013/09/18/heres-what-1-2-quadrillion-looks-like/

    ReplyDelete
  3. V Guerrilla Economist Oct 8. Weimar X10.

    https://www.youtube.com/watch?v=a8sS_x9EbsE

    ReplyDelete
  4. Thought I might pass this on- Armstrong on how negative interest rates in the EU will drive European corporations into holding liquidity in dollars:http://armstrongeconomics.com/2014/10/09/ecb-negative-interest-rates-send-money-to-dollars/

    ReplyDelete