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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 22 May 2010

S&P possible time cycles


T?his is a possible but purely speculative time cycle roadmap.A 3 month cycle is a "normal" cycle in Gann analysis,being 1/4 of a year.Such a scenario would also give us a nice 1 year low to low cycle.The arrows are pointing to time targets not price targets.The price range for the cycle is 350,implying we might bottom in 350 days rather than 360,or that price could bottom 10 points below the July 09 low,making it a 360 point range.

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