This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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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
Tuesday, 23 October 2012
Three Peaks and Domed House Pattern
From Barry Ritholtz http://www.ritholtz.com/blog/2012/10/three-peaks-and-a-domed-house-2012-version/?utm_source=dlvr.it&utm_medium=twitter
I present for interest.I have no idea whether this is likely to play out.
So many guys have been wrong interpreting where we "are" in this technical formation by George Lyndsay....from bloggers like Carl Futia to even the "keeper" himself of Lyndsay's work, Ed Carlson of Seattle.
Very interesting Chart. Impresses me, there also with me similar scenario draws itself. Difference: I expect the movement of 26 to 27 greater.
ReplyDeleteSo many guys have been wrong interpreting where we "are" in this technical formation by George Lyndsay....from bloggers like Carl Futia to even the "keeper" himself of Lyndsay's work, Ed Carlson of Seattle.
ReplyDeletehttp://www.seattletechnicaladvisors.com/aboutus.html
Wags