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, 31 July 2014

not enough children killed already ?

The TAS sell signal on the Dow earlier this week not looking too shabby.....and coffee having a nice move :-)

(shameless self-promotion :-)

nice gap up in coffee

The Dax has broken the 200 dma and the lower bollinger,normally strong support when this has happened before

Wednesday, 30 July 2014

A false break and 2 lower  highs....can bears get a 3rd lower high (below the 200 ma ) ?


3 top pattern in a lower high position,bearish engulfing and neckline break

Dax monthly

...if I were a bull that macd would worry me.....


FTSE giving a sell signal on the daily chart (market is not closed for another 40 mins however)

EMA's are bunching,we need a decent break below the ema's

African Barrick Gold

The moving averages are in bullish mode,nice cycle convergence of time/price at the recent low

Russell Bear Market ?


Ftse250 - high beneath the 200 dma ?

(text on chart should say "high" not "low")

Tuesday, 29 July 2014


Inclined to think we could decline from here. Bearish twin towers pattern circled.An aggressive sell here against the high of this week's candle ?


follow up to yesterday's setup..

same structure (bearish wave  structure) in the Dax


looks like its in the buying zone

https://www.youtube.com/watch?v=roR3sSunqpo   David Icke on the Rothschild Zionist power matrix

and George Carlin's take :    https://www.youtube.com/watch?v=wigDHjEwPuE

"There are so many questions and no truthful answers forthcoming from those who pass for leaders in this increasingly totalitarian world. Our willful ignorance, apathy, hubris and arrogance will have consequences. Just because it hasn't happened yet, doesn't mean it's not going to happen. The cyclicality of history guarantees a further deepening of this Crisis. The world has evolved from totalitarian hegemony to republican liberty and regressed back to totalitarianism throughout the centuries. Anyone honestly assessing the current state of the world and our country would unequivocally conclude we have regressed back towards a totalitarian regime where a small cabal of powerful oligarchs believes they can control and manipulate the masses in their gluttonous desire for treasure. Aldous Huxley foretold all the indicators of a world descending into totalitarianism due to overpopulation, propaganda, brainwashing, consumerism, and dumbing down of a distracted populace in his 1958 reassessment of his 1931 novel Brave New World."

This post from the same author is also good



"When the Obama administration was exposed spying on journalists earlier this year, the investigative reporter blasted what he referred to as the president’s “war” on journalism. "The Obama administration has clearly declared war on the press. It has declared war on investigative journalists — our sources," he said during a recent TV interview, blasting the administration’s lawless behavior, obsession with secrecy, and vicious persecution of whistleblowers. Beyond simple criticism, though, Hastings openly said it was time for journalists to fight back. "

Monday, 28 July 2014


interesting long term fib/harmonics video
If you missed it on Sat here's the latest with me discussing & with

excellent interview with Neil Clark highlighting the difference in attitudes to Russia and Israel 


TAS sell signal on the 4 hour chart (and trendline break)


Idiots (especially those from Daneric's blog) who post derisory "anonymous" comments will be treated with the contempt they deserve.I suggest you go play on the Yahoo boards where you belong

If youre going to troll at least be man enough to use your name

if its going to bounce this seems like a good place.......if and how it bounces will be key.Its possible this is a completed ABC correction. Would at least be tightening stops here

Ukraine - the plot thickens. 


https://www.youtube.com/watch?v=ZrMG7VYnN8I      - Paul Craig Roberts- "information is likely fake"
Nice ratio chart from Kimble

Sunday, 27 July 2014



bear setup in play

a 1200 point decline would be roughly 50% retrace and 1/8 of the high,say 8800- 8860 ish (886 is a Gann wheel level)

However there is support on the longer term chart from the 200 dma and small trendline shown here

Saturday, 26 July 2014

Looking for the Ftse to break Thursdays low and confirm a reversal


Friday, 25 July 2014


momentum divergence,gap down from a doji....lets see if trendline holds


after Amazon's fall I checked out the chart,interesting example of Gann's square of 144 resistance levels in action



fast move down to 9400 support ?


looks like a clear 5,3,5 for B or 2



macd on the weekly suggests some weakness....maybe one more low needed ?

Nike wants 90 ?



well after the doji on Wednesday yesterday was quite a bullish candle so no LH  confirmation yet

Thursday, 24 July 2014


NFLX setup from July 12 is working well so far

thanks to Souljester for posting this

Edward Griffin website



Yesterday was a doji

On the Dax we had a shooting star

Paul Craig Roberts


"The evidence that Putin did it is a video made prior to the attack on the airliner. The entire BBC report aired over National Public Radio was orchestrated for the sole purpose of establishing prior to any evidence that Russia was responsible.
Indeed the entire Western media spoke as one: Russia did it. And the presstitutes are still speaking the same way.
Possibly, this uniform opinion merely reflects the pavlovian training of the Western media to automatically line up with Washington. No media source wants to be subject to criticism for being unamerican or to find itself isolated by majority opinion, which carries the day, and earn black marks for being wrong. As a former journalist for, and contributor to, America’s most important news publications, I know how this works.
On the other hand, if we discount the pavlovian conditioning, the only conclusion is that the entire news cycle pertaining to the downing of the Malaysian airliner is orchestrated in order to lay the blame on Putin."

"  What we are witnessing is the total corruption of Western journalism by Washington’s imperial agenda. Journalists have to get on board with the lies or get run over."

Wednesday, 23 July 2014


"The demonization of Russia and indeed Russian allies by Western elites and the defense of Israel are interconnected. By and large, the same people who have been exploiting the MH17 tragedy to try and get tougher sanctions imposed on Moscow, are the same ones whitewashing/defending Israeli actions in Gaza.
It is important to understand that being anti-Russian, but also pro-Israel, and pro-US are “required” positions for anyone wanting to hold high office in the West. The Russia test, the Israel test, and the US test can be seen as “three hoops” which any ambitious politician needs to jump through in order to make it to the top. British Labour leader Ed Miliband knows this and has been hard at work.
After Prince Charles had reportedly compared President Putin to Hitler, Miliband said the Prince “has got a point”. He has declared himself a Zionist, and at time of writing he is jumping through the last of the hoops – he is in the US meeting President Obama."

Ed Griffin - Abolish the Fed

S&P long term chart

Joanne Klein's mechanical long term trend-following system uses 10 and 50 week ema crosses for long term investment decisions
I have illustrated below and highlighted where we might be in relation to the last top.Of course it may be different this time :-)

Joanne's chart



this is the weekly chart with some murrey math levels.We just had a bullish twin towers pattern and have support at 156.25 and the rising 40 week MA.Looks very bullish here


The Dax is holding support but looks vulnerable. Negative momentum divergence..

Tuesday, 22 July 2014


"The world has endured many campaigns of extermination of “savage” indigenous peoples by “superior” races, from the USA to Canada to Australia.
One such campaign is being carried out by Israeli colonizers against the indigenous Palestinian peoples. The campaign is being illegally funded, indeed, made possible, by US taxpayers."


(90 weeks comes in Aug 5)

It is hard to disagree after the last few days events in Gaza and the propaganda against  Putin.As far as Putin goes we should at least wait till the facts are clear before stirring up hostility in what is a very tense and ambiguous situation.If nothing else,a little less hypocrisy would be welcome...

hard to imagine a modern President speaking like this....

John Pilger The Return of George Orwell and Big Brother's War on Palestine,Ukraine and Truth


FTSE...watch for lower top

Ftse forming a lower top below the 50 dma ? I think this could be a major selling oppurunity developing.If we push back above the 50 dma this scenario is off

Good podcast.....its all about the dollar


"While Israel’s ongoing murderous crime has been ongoing since its imposed inception with many horrific pogroms on the Palestinian people as they’ve gobbled up their land, this latest incident is the most blatant outright genocidal aggression yet. They apparently know that, and created these smokescreen airliner events with lap dog Amerikan complicity who have cooperatively upped the rhetoric, and distraction, with their anti-Russia sabre rattling.
Clever bastards, eh? Not so if you’re awake enough to have a heart and are even beginning see what’s really going on.
This latest incursion into Gaza is by far the most blatant and obvious yet, and many are seeing it. To raze a captive populace based on a supposed kidnapping and a few mortars by a defenseless imprisoned people is as obvious as it gets. And the most heartbreaking.
The indictment goes to those who fall for this propaganda. The asleep followers whose noses are turned at the latest blush of distracting news instead of realizing what is really happening are the culprits."

Jim Rogers - Competition for the Dollar


"  “Brazil, China and Russia could easily put something together to compete with the US dollar,” Rogers said, leaving out one component of the BRICs alliance. “The US dollar is a terribly flawed currency. I’m an American. I hate to say that. But the US has serious problems, the world has serious problems. We need something else” and potentially a competing world currency could be developed. If this were to occur, the US and its economy might be put in a straight jacket as the ability to engage in large deficit spending could be curtailed.  "

Monday, 21 July 2014


Sunday, 20 July 2014


I did post on coffee on Friday but am posting another chart in light of the bullish candle that we saw.If we can make a HL and HH  and break the declining Gann angle then a buy setup may be in place