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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, 14 October 2012

Dow - bullish option

The bullish option for the Dow would have us completing a test of trendline support,support from the 50 dma and support from the previous highs.If the Dow holds support and we get a bullish candle like a hammer next week this option should be respected.
 I have formatted a 1 year cycle off the late November,early December highs and a measured move as a possible roadmap for this scenario.






and AAPL



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