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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


Wednesday, 21 March 2012

Eurostoxx


Rio Tinto

The mining stocks are not sending out a pretty message...global recession ahead ?


BKX

Well this sector has beeen stronger than I anticipated,helped by JPMorgan's dividend announcement.Now looks to be at critical resistance and pretty overbought.The 200 dma is still trending down


MIB


Tuesday, 20 March 2012


Get out of stocks....rising unit labour costs ?

http://www.bloomberg.com/video/88453082/   an interview with Aberdeen Asset management strategist..

Sunday, 18 March 2012

Dow....balancing time


 basically two 45 week cycles or a 90 week (Gann) low to high cycle