.

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
.


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 22 May 2012

A fair amount of confusion out there,especially amongst the Elliott fraternity (ES was 5 waves but cah only 3 or something  :-) , but my take is that the dollar is looking strong (bad for equities/risk) ,weekly charts are bearish till we get a HH and there is a Gann cycle for a low on the 25th.So leaning towards today being a reversal and more down to come,still think we need to watch Dax,Ftse for the lead...


No comments:

Post a Comment