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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, 2 March 2013

Cocoa







Target hit on Friday so I will be looking for a reversal next week,2 years from the high.3 months,6 months etc
The weekly chart does not look long term bullish to me s0 if we do rally it may just be short term If we ran down 1800 pts from the high we could go lower to 1975 Half 3775 would also be support. A bollinger band piercing and reversal might be a good signal if we got one.




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