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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

Sunday, 7 August 2011

SPY long-term charts and 2007-8 bear market range

 


 






Division of the range by 6 looks interesting..I normally only use 8 but 6 has some good hits in the bear range
 

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2 comments:

  1. Anonymous7 August 2011 at 16:09

    I'm especially interested in cycles at the present as much of what I do (and am seeing) suggests that we're working on an important cycle low.

    http://img89.imageshack.us/img89/6767/spxarmstrongcycle.jpg

    ReplyDelete
  2. Chartrambler7 August 2011 at 16:25

    everyone seems to have a different slant on cycles...Charles Nenner and Robin Griffiths have us in a longer downturn I think,but I know Armstrong has a great track record.

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