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, 22 May 2015

The s&p is 7 years from a major high and 7 months from an important low
arguably 7 week rally too although the actual low was 9 weeks ago. I imagine
this applies to most other indices but havent checked
The conclusion is that any reversal this week or early next week might be significant

Gold had a confluence of "7" cycles at its high,as posted here on this blog at the time

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