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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, 15 January 2013

Dax

We broke the 10 dema and broke 9 day lows. The market is overbought and Germany  just had terrible growth figures (see Mish blog).I quite like shorting here with s/l above Monday's open but that is quite aggressive and we didnt hit the 7850 mean Gann target posted a few days ago so I wonder if one more spike to come ?





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1 comment:

  1. Lynx16 January 2013 at 09:17

    Options Expiration on friday at 13:00 could make one more spike and january is a important one.

    ReplyDelete

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