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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, 9 September 2011


Here is an excerpt from Tim Knight's post  (SlopeofHope) .....Couldn't agree more !



On closing, I will say that the intraday charts are almost screaming "down market" to me. The psychological damage I experienced from the whole QE1/POMO nightmare of 2010/2011 has made me somewhat more cautious. If the Tim from October 2008 were teleported to September 9, 2011 and saw these same charts, he would be 200% short. But that Tim is different than this Tim, and I am in 88 short positions with about a 66% commitment.
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