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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

Tuesday, 6 March 2012

BLT

Miners are not looking good.Here is another look at Billiton,with a possible head and shoulders.I posted the bearish candle formation and possible wave count at the weekend.Today we gapped down,typical of a wave 3 or C

 
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2 comments:

  1. Trading Sunset6 March 2012 at 01:06

    That is near perfect H/S!

    Certainly, the other miners I also follow are showing serious warning signs.

    March Madness for the Miners?

    Could get pretty entertaining to watch this month.

    ReplyDelete
  2. Chartrambler6 March 2012 at 01:52

    Hi PD yes its not a happy looking sector !

    ReplyDelete

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