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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

Friday 12 February 2010

Emerging Markets




This is Mark Mobius's rightly acclaimed Templeton emerging markets trust.The monthly chart shows a breakout with a bearish engulfing candle.On the weekly there is a bearish 3 black crows pattern with the last "crow" a bearish engulf.Looks like only a matter of time before we confirm a false break pattern
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