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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

Thursday, 13 May 2010

Dow



We are at critical levels with the market poised beneath Murrey Math resistance 10937 (7/8 of 12500) and important moving aves,which appear poised to move into full bearish alignment.I put 10,20 and 50 on one chart and fib mvg aves 13,21 and 34 on the other.
Today is 13 (fib) trading days from the high.German market has broken above the ema's but is looking very overbought.
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