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
Sunday, 14 February 2010
crash count ?
If this wave count is correct we can expect a fast move down very soon.I have labelled it as a possible 3rd of a 3rd.The 3rd wave is always violent and the 3rd wave of a 3rd wave is particularly so.This is not a forecast but a possibility to be aware of.There are other reasons to be short even if this particular wave count proves to be mistaken.If we break above the wave 1 low the count is likely incorrect.
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