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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


Wednesday, 17 March 2010

nearly there....?





The Dow managed to push thnrough the upper trendline of the wedge yesterday in a possible "overthrow" and is extremely overbought on the RSI,as well as being only a few points short of the Jan high at 10730.I am surpised markets have managed to keep edging higher past the in fluence of the 1 year cycle and am wondering if the cycle is being slightly extended to merge with the 10 year cycle for the nasdaq high which comes in around the equinox this week.
The s&p has reached the 100% of 1st range projection and is backtesting the broken trendline.

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