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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, 1 May 2010

Reversal patterns




A weak day in markets on Friday seems to have confirmed at least a minor but probably major top.On the Nyse the market has respected the cycle turn on the square of 360 and we now have a shooting star pattern on the monthly chart,which would be confirmed by a lower candle in May.
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