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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, 7 May 2011

S&P

signs of weakness but bears not clear yet.The weekly candle was red but not a clear reversal.We are still holding above the important Gann level.On the spy chart we are back flirting with the old highs so need to watch these levels and the moving averages.The dollar may have put a bottom in and commodities saw a lot of action - are the indices next ?



 

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