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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 23 May 2010

Faz -(short-term?) reversal


On Friday Faz shot up to the 5/8 line and reversed to close below 50% in a bearish engulfing candle,suggesting a few days of consolidation or correction at least.
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