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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


Saturday 25 September 2010

Dow Jones resistance 10900

The Dow is tagging the long-term trendline from the highs and has pushed marginally above the 100x1 monthly angle (which is at 10698 this month).There is important resistance at 10890 (square of 9) and 10906.the 78.6% fib retracement.On the square of 9 or Gann wheel,961 is on the "south-east" corner and 1089 is one full revolution (ie 360 degrees) round the wheel,on the same corner.Numbers on this location have the property of being squares of odd numbers (31 and 33 squared).These aspects work best when allied with time and there is a 90 degree time cycle from the low coming in on October 3rd.Interestingly if we take one of Gann's numbers,36 and square that and add it to 9614 we get 10910.




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