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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, 29 September 2012

VEU


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2 comments:

  1. Trading Sunset29 September 2012 at 21:23

    Hey CR

    Yeah, the VEU, I been highlighting that giant H/S for months now.

    Target would be 27/25, by summer 2013. I'd guess that would equate to sp'1000/900 or so, which of course is 'crazy talk' right now.

    The good thing is, after all these years, at least the 'warning levels' are clear I think to all the good bears out there.

    So, if we start taking out support, at least the remaining bears should realise its safe to chase it lower.

    good wishes

    ReplyDelete
  2. Chartrambler30 September 2012 at 11:07

    Hi PD,yes it certainly seems like there's been massive and prolonged distribution.Long term Ftse chart similarly

    ReplyDelete

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