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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

Tuesday 24 July 2012

Perched on the ledge

The next few days should be critical.We had clear sell signals in Germany and UK yesterday and the US looks to be on life support.





Market internals are weakening.Thanks to Scottick (a poster on Daneric's blog) for these awesome charts.BPI is a particularly good indicator






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