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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

Wednesday 17 October 2012

Ftse




Ftse now in bull mode so long as it remains above bullish angles.Still not a strong looking chart though.



Maybe what I labelled "9" was only a of 9 and we are in c ?
The market could be headed for 5975 where these two waves are equal.Note the second wave has already consumed twice as much time ie it is "struggling"

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