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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.


2 comments:

  1. Very interesting Chart. Impresses me, there also with me similar scenario draws itself. Difference: I expect the movement of 26 to 27 greater.

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  2. 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.

    http://www.seattletechnicaladvisors.com/aboutus.html

    Wags

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