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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, 29 October 2011

cycles and the Aussie dollar

from the Nov high we ran up to another high 6 months later,then another in 3 months so the 12 month cycle seems a likely candidate for a top in which case the "risk-off" trade would most likely be triggered so a 6 month cycle top might be seen in equities.All conjecture until pattern gives us a trigger ie a reversal.The same cycles should be monitored in the euro and other currencies

 

 

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