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

Sunday 29 May 2016


Nearest futures chart

May 29 was the day when the first leg down in the Ftse bear started last year (it peaked in April and churned sideways)

If we top soon around 6270-6320,the measured move would project down to the 61.8% retracement area

On the cash index 6311 is important resistance,being the midpoint of the 2009-2015 bull market

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