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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


Saturday, 2 January 2016

Ftse250

The Ftse250 has been a much better performer than its larger cousin,the Ftse100,which has more exposure to mining and oil,and less growth stock exposure. Can we now count a completed 5 wave bull market,finished on June 3rd last year at 18393 ?


Gann enthusisasts will notice  how if you take 12000 as the 2007 high and add 50% you get 18000 for a possible 8 year high-high cycle,with an intervening 4 year high in 2011

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