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
Saturday, 19 October 2013
IBM
IBM never closed above 200 (see earlier post in Sep) and the breakdown occurred this week
Audio, Tim Wood and John Grant. John goes off on Obabacare and explains irrationay buying as Hedgies playing catch-up on perceived expanding liquidity into Q1CY14. http://www.cyclesman.net/wp-content/uploads/2011/01/John101813.mp3
Audio, Tim Wood and John Grant. John goes off on Obabacare and explains irrationay buying as Hedgies playing catch-up on perceived expanding liquidity into Q1CY14. http://www.cyclesman.net/wp-content/uploads/2011/01/John101813.mp3
ReplyDeleteI used to listen to those two all the time about 4 years ago and had a subscription to Tim at one time. I will have to check it out.
ReplyDeleteOil sands found under Gulf estimated value $1.5T:
ReplyDeletehttp://www.bloomberg.com/news/2013-09-12/wildcatter-hunch-unlocks-1-5-trillion-oil-offshore-u-s-.html
That won't be $100 oil tho IMHO.