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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

Thursday 13 May 2010

S&P 60 minute chart



I like this chart from Ron Walker's site.The Macd indicator appears to confirm the start of a new leg down following the sharp correction from last week's selloff.
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