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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, 17 February 2011

Copper

There have been few signs of weakness in this super strong commodity but we posted a bearish engulfing candle on Tuesday and made a lower low yesterday.180 td count comes in on Monday and we slightly overshot 180 points so watch for a possible price time square.I like that there is a potential square the day after Apple given that both are important leaders in the liquidity orgy we have been witnessing.These are only setups though and we need the 3rd ingredient (time,price and....pattern) ie a reversal




 

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