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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 2 July 2011

Well that was an amazing week.I had been looking for a low on the various eom cycles so the question is have we just seen a blow-off into a high instead.With Pomo finished,the dollar looking like it may be bottoming and Vix near are all time lows it is hard to see what could drive the market higher.We are not in a bull market no matter what the bulls say...you cannot have a bull market with financials performing as abysmally as they have...

 

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