.

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, 20 December 2009

FTSE100



The FTSE completed a Gann squaring of price and time when it rallied 1800 points in 180 days.Such relationships often signal at least a temporary high or low.Friday was a weak day and the market looks poised to break the rising 10 point per day Gann angle from the lows .The FTSE250 (not shown) looks even more vulnerable.Smaller cap stocks are likely to suffer a flight to quality if markets correct.

No comments:

Post a comment