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
It is theortetically possible the market stuck a low here, but I don't have enough dip buy indicators to say that is likely. So, I am selling resistance unless the bulls break it. IMHO.
7% crash Shanghai
ReplyDeletehttp://www.zerohedge.com/news/2015-01-18/chinese-stocks-crash-following-renewed-crackdown-margin-accounts
Nice chart. Even if this is a small correction in a bull market (doubtful), it usually does not end here.
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It is theortetically possible the market stuck a low here, but I don't have enough dip buy indicators to say that is likely. So, I am selling resistance unless the bulls break it. IMHO.
Jeff is one of the best follows on Twitter imo
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