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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

Monday, 21 October 2013

SPX

low momentum,7 day blow-off rally with a nice doji today ?  (chart by Ron Walker)


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3 comments:

  1. BoboM21 October 2013 at 23:19

    This comment has been removed by the author.

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  2. Anonymous22 October 2013 at 00:51

    Total knee-slapper these writers continue to say small caps are a good value, when we are over the yearly R4. Added to VIX longs today. W

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  3. Anonymous22 October 2013 at 01:04

    Did we have a ZBT on Fri or not? I see some claiming so. A ZBT in this position would point to a dollar collapse. I think it was a close but no cigar, QE distorted, damp squib. BTW I agree with Daneric's wave count, cycle B topping. W

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