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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 31 March 2013


I have shown in previous posts that there is a lot of resistance here,and slightly higher.We are also just above the important 144 level (natural square) so one strategy might be to sell on stop at 143 ie Dow 14300

Another way of looking at it is that 7/6 (1.166) times the Nov low is 144.55 which is major resistance and if we were to break strongly through this level we would likely target 21% or 25% so wait for a clear reversal from this level  eg watch American Bulls candle site for a sell signal :-)





breaking the 3 day ma of the lows displaced 1 day is another signal that can be used in an uptrend,(from Robert Krausz)

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