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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


Friday, 1 November 2013

Dax

Unlike other markets there is still no real reversal pattern on the Dax,so I remain convinced this is a key market to monitor if we believe ,as I do,that markets are making some kind of top here. The Dax may still need to hit the square of 9 targets above 9100 posted earlier this week before we see a decent reversal pattern.It may be the market is awaiting next week's ECB decision next week before showing its hand




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