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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 14 March 2012

Yesterday was a bad day for bears.The main hope for a bearish case is that was a blow-off,in which case we need to see the Dow break back below 13111 smartish.This was the matching range target on the Dow ( 10404 to 12284 = 1880, 1880 + 11231= 13111)

Ftse may want to test 6000 which is a round number and 25% added to 4800  (low was 4791)   601 is 360 vibration from 507 on the Gann wheel (5075 low,so 6010 figures too.

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