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
Friday, 12 November 2010
ftse250
Bull markets normally end at percentages off the low...Gann theory says to look for fractions...1/4, 1/3, 1/2, 2/3, 3/4 etc.50% and 100% are the strongest resistance.The ftse250 is backing off from the 100% off the low level.A sell signal would be generated by a lower high
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