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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


Monday, 20 February 2012

Targets met

Well Sunday night and the futures have opened higher....Japan is going to help Europe ...must be a joke !? OK there is more to it than that, but it matters not, price has hit my target on the Dow from the post a couple of weeks ago and we have an overthrow of the rising wedge.Selling here would be somewhat aggressive but I think we are about done here.The sensible strategy is to wait for a break back below the wedge to confirm the set-up.The US markets do not open till Tuesday. Ftse has just hit 5970 in the AH market so it has also achieved targets.


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