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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, 30 July 2011

Dow - 11250 target ?


The 50% retracement at 11245 seems a likely target. 7/8 of the high is 11265 and 11235 is the 1.618 expansion of the first range down.11232 is the target from range equality with the April-June decline last year.11209 is 7/6 x 9614.    6470 + 4800 .  This might be the price target for the Aug 30 cycle date





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