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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

NYSE

Is this a rule of 4 breakout or a blowoff to the psychological (and Murrey Math ) 10 000 level ? My bet is the latter




Posted by at

3 comments:

  1. Anonymous19 October 2013 at 13:29

    My bet is the latter too, but I'm seriously beginning to question my unbiased judgment (as I clearly allude to in my Saturday post).

    It's all about just how destructive our leaders (public and private) are willing to get.

    ;-(

    ReplyDelete
    Replies
    1. Chartrambler19 October 2013 at 21:29

      Im big on my candles these days....no matter how excited I get by Gann clusters,Fibonacci,astro or whatever stuff I like to consider if there is no candle reversal I wont take the trade.It does feel like its coming though

      Delete
  2. Simple19 October 2013 at 13:31

    Sharing the idea of a blowoff.

    ReplyDelete

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