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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

Thursday, 22 March 2012

Dow 90 weeks,3600 points

The weekly fib counts are also interesting on this.The closing low in July 2010 was 9686 Add 3600= 13286.the low to high 44 week cycle is balanced by the 44 (actually 45) week time span to the recent high.So significant cycles are present but we need a reversal to confirm.

Posted by at

2 comments:

  1. Albertarocks22 March 2012 at 02:59

    Hey there buddy. It looks like you were more right than I was about the Aussie. 11 hours ago you said it looked like it was headed lower. I agreed with you but anticipated a bounce first. You win that round. That's why I'm on your team, lol.
    Aussie Dollar

    ReplyDelete
  2. Chartrambler22 March 2012 at 15:48

    Thanks AR I just liked the look of the daily candles chart and the triple top at 10800,which is a Gann number

    ReplyDelete

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