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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

Russell 2000/TZA





The square of 360 also seems to be significant on the small cap index,the Russell 2000.361 trading days from the Novenber low caught the high.I started the square at 360 and ended it at 720,both natural Gann levels,rather than taking the extreme low.
TZA is the 3x bear fund,and should be very profitable if the bull phase is over.
labelling on bottom chart should read "looking for higher low"

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