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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

Friday, 12 August 2011

TEM - very rare pattern ?

4th attempts at a level nearly always work so a quadruple top is a rare beast

 


 
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6 comments:

  1. Anonymous12 August 2011 at 15:29

    Is that a fund with a fixed composition? If not, technical analysis won't help much. -M

    ReplyDelete
  2. Chartrambler12 August 2011 at 15:44

    No its an investment trust run by Mark Mobius and TA works just fine !

    ReplyDelete
  3. Anonymous12 August 2011 at 18:17

    What is the ticker?

    ReplyDelete
  4. Anonymous13 August 2011 at 01:38

    chart- do i see a jxxd weekly yin yan candle on that templeton fund near the end of the topping pattern? i think i do. also, spx had monthly jxxd yin yang pacandle sticks june/july. what happened to the market after that? same thing as happened to BP after its daily jxxd yin yang candles during Gulf of Mex oil spll. JXXD - "i lift my lamp beside the golden door"

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  5. Chartrambler15 August 2011 at 11:59

    TEM is the ticker butit is a London stock exchange listing

    ReplyDelete
  6. Chartrambler15 August 2011 at 12:01

    Hu Jxxd great to hear from you ! Is the lamp rusty yet ?! Hope all is going well,thanks for the observations

    ReplyDelete

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