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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


Thursday 25 February 2010

CAC


The French index failed to retrace 50% of its bear market range.Gann said you can use 50% retracements to judge the strength of the market.Failure to reach the 50% level tells us that the market is in a weak position.

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