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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


Sunday 2 May 2010

GE



A really weak looking chart.Has only managed to retrace 38% of the previous decline.
With a high at 60 we can surmise that important turns may come in multiples of 60 days weeks or months .This is Gann's square of the high.We can see an important low at 30 months and a high at 90 and are currently at 2 squares of the high (120 months)
(also a 10 year cycle)

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