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

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

Sunday 27 July 2014


bear setup in play

a 1200 point decline would be roughly 50% retrace and 1/8 of the high,say 8800- 8860 ish (886 is a Gann wheel level)

However there is support on the longer term chart from the 200 dma and small trendline shown here

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