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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

Monday, 18 July 2011

Ftse

A weak day,closing on the low,which often marks a short term bottom...eg March 16.Could also be another 360 point range down to the red trendline.I think a top is likely in place so will be watching for a lower high if we do bounce.The 1 year cycle/square of the range date highlighted earlier has produced an impressive decline.

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