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
Tuesday, 16 November 2010
Looks like a confirmation of the false breakout/double top setup.Breakout on Vix and sharp move down in summation index (in US) looks positive for bears.The dollar was strong too.Crude had a bad day,in line with the setup on yesterday's chart.Am thinking crude could have sharp fall to 77.20 area.
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