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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, 27 April 2013

CAC

Are the markets ever going to be allowed to fall ?  The sell setup on the CAC was textbook Gann,with a high on the March time cycles and a gap down break of a triple bottom.In any normal market this would have led to a decent fast move down....We have seen this sort of thing too many times now to believe it is anything other than blatant manipulation....eg FTSE in November,SPX in summer 2011


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1 comment:

  1. Anonymous27 April 2013 at 16:00

    I feel your frustration. It is the same as mine. ;-)

    It seems that at every critical juncture since 2009, just when things look like they're breaking down there's always a magical recovery almost as if the tooth fairy really existed. I have no doubt that it is blatant manipulation. And now we have confirmation! http://www.zerohedge.com/news/2013-04-25/central-banks-join-herd-openly-buying-stocks-record-amounts

    But the time will come when even they are overwhelmed. (I posted some updated cycle work in my latest post that might be of help with the timing aspect of the issue.)

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