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 18 September 2016

this week is one of Gann's most important weeks in the year when" the sun crosses the equator and Fall officially begins and stocks make important changes in trend"
(WD Gann The Stock Market Course,1935)

for a move lower generally I think we need to see something like this in the Nasdaq,which was strong last week
ie a spike through the upper Boll and then reverse hard

IBB has also been showing relative strength and is looking like a 3rd attempt to break 300 (25% off the low)

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