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
Saturday, 13 March 2010
cocoa
Here is the wedge I mentioned in yesterday's post.Yesterday's bear comments were ill-timed as we broke out of the wedge and may now rally toward the 50% retracement.In retrospect the 2 hammers and bullish engulf were a warning that a rally might develop.
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