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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 24 April 2013

a good update from Andrea Calissano. Yesterdays move in the Dax was unexpected (by me) but the 200 dma was a support level .I want to see last week's high hold .

http://www.thewavetrading.com/2013/04/24/spx-follow-up-of-the-short-term-ewp-106/

2 comments:

  1. "Yesterdays move in the Dax was unexpected (by me) . . ."

    You haven't been by lately. ;-(

    No-one's home right now, but the door's open, and the blackboard still has everything on it. The beer's all gone though . . . next weekend. ;-)

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  2. LOL ! well done :-) I did actually post on daturday that the market might rally to allow the longer term ma's to converge again but the forgot about it because I thought the ftse had put in a nice 3rd lower top !

    Have been a bit busy lately and suffering from chart overload...will pop over when you have more beer !

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