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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


Sunday, 2 September 2012

Bears still waiting for long-term confirmation of Trend change

The current market is incredibly frustrating,whether you look at fundamentals,elliott waves,gann cycles or simple TA.Whatever happens it seems to grind higher on low volume.Long-term bears could do worse than wait for a signal from this simple yet effective chart from Joann Klein,who has a fine public list at Stockcharts


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