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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, 17 April 2010

Dax



High volume sell off on the Goldman Sachs lawsuit news,with Vix springing into life,80 years after the 1930 top on April 16.On the Dax we now have 3 tops on the daily chart at the 6300 level that we have been focusing on as possible resistance and have a black candle breaking the 3 day offset moving average,giving a sell signal with stop above Friday's high.The histogram on the macd gave a decisive shift into negative territory.

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