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
Sunday, 6 June 2010
How's the sneaker industry ?
Pretty good,judging by Nike's chart ! I am not of a mind to buy any stocks (except for inverse etf's like TZA and FAZ) at the moment,given the very real possibility of a stockmarket storm in the next few days,weeks.Nevertheless it is good to find a positive chart here and there.Longs could use the 4x1 angle as a stop on this one.
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