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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, 5 February 2010

Ftse


Following the last Ftse post(31/01)we finally got a counter-trend rally but yesterday the downtrend resumed with a long black candle formed as concern grew about European sovereign debt,confirming the swing chart signal.For a description of swing chart signals I would recommend Marc Rivalland's book.He has slightly adapted Gann swing chart theory for modern market conditions.
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