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

Saturday, 30 January 2010


The black candle this week took out the previous weeks low and the decline seems to be resuming.The decline should accelerate if we take out the 2 previous swing lows at 1.58 and 1.59.Last weeks high was a lower swing high and Gann's "safest place to sell"
Stops would go above the high.It also came 52 weeks after the low ie a 1 year cycle.

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