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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, 6 August 2011

NYSE

Need to watch the lower thick trendline and 144 week cycle





 

2 comments:

  1. I really like your work. It's outstanding and very instructive. You've got a great eye, and it's obviously very well trained. I've learned a lot from this blog, and am quite sure that there's more of that to come in the future. The truth of the matter is that your stuff is so good that it almost inhibits me from posting as anything I have seems kind of like grade school finger painting in comparison. Well, that is until now: I'm going to finally take that leap of faith and post some of my finger painting in the interest of my continuing education - and for your and others benefit if we're lucky enough that that should happen. ;-)

    Inverse Head and Shoulders, Market Structure and Rising Channels on the RUT
    http://img508.imageshack.us/img508/4287/rut050811.png

    Inverse Head and Shoulders and Rising Channels on the NDX
    http://img837.imageshack.us/img837/6770/ndx050811.png

    Rising Channels in the U.S.
    http://img153.imageshack.us/img153/30/usa050811.png

    Surprising China
    http://img534.imageshack.us/img534/7210/china050811.png

    Troubled Europe as cash strapped investors go to the well again to cover losses back home
    http://img171.imageshack.us/img171/2995/europe050811.png

    ReplyDelete
  2. Thanks HighRev,appreciate the comments.Last year has been tough but like to think I'm learning and getting better.Will check out your charts

    ReplyDelete