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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

Saturday, 1 September 2012

Dow Jones

The 3 day swing chart turned down from the high on Aug 21 which was a bearish engulfing day.There are 5 highs in the 13300 area .Action has been weak since,with only one c/t ,on Friday,even then the high was below the 13 dma.The two 1x4 angles should define the next move.Bears need to crack the bullish 1x4



and the SPY


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