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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


Sunday, 24 October 2010

Yen

The dollar has dropped 33% from its June 2007 high against the yen.The last 6 months have all been black candles.The dollar is oversold on daily rsi and the weekly chart just posted a doji but otherwise little evidence of a bottom forming yet

Cocoa

chart still looks bearish although I am a bit cautious given the strong move up in coffee and the general strength of commodities

wheat

Saturday, 23 October 2010

dollar/euro

dollar putting in a major bottom against the euro ?






cable

scary chart....suggests dollar surge against the £......

Russell