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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 16 November 2011

TAS sell signal

here is a chart I posted live in Dino's CIL just before the market cracked.TAS is "trading aganst a spike ", a favourite setup of Bill McLaren.Price has a sharp correction then labours upwards in at least twice the amount of time consumed by the correction but fails to make a new high.This is a trend reversal indicator with a close stop.


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