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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


Friday 26 August 2011

BHP Billliton

This is another key indicator,like the Dax in my opinion and it is not looking good,BLT is the biggest mining stock in the world and a great lead for Chinese  and global growth.We have a fast move down off a 3rd high,break below trendlines and previous peaks,a dead cross of the 50and 200dma and now appear to be consolidating in a bear flag formation below the broken trendline before the next plunge down


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