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
Saturday, 19 February 2011
Dow/CAT 100% range projections
We broke through the square of 9 target and the 2400 range projection from the 120 td cycle...may be headed for 12444,the 100% range projection....showing same projection for Caterpillar,a key Dow stock.CAT should also have resistance at 108 (72 high + 36 and 5x the low )
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