This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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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
Friday, 22 January 2010
Google
Google has gapped down and broken the trendline on the daily chart I posted.All 3 charts,daily,weekly and monthly are now in synch and we should test support at 484 (38.2% retracement/144 point decline,200 dma). A glance at the longer term chart shows Google has a tendency to make bottoms in March.
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