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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, 18 June 2011

Dax

the 7000 level has provided better support than I anticipated.I actually took a small long position yesterday because support was so visible on the hourly chart but I took profits at 7200.The 200 dma is rising sharply just beneath price and is likely to be supportive  but I think a possible test likely early next week

 




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