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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


Monday 29 August 2011

Ron Walker's daily video.Very good and contradicting my bear call on NDX !  3 of his 4 indicators have turned bullish..Bullish percentage indicator being the most important.However pattern still bearish.Ron describes the contradictory signals facing the market really nicely but opts to go with the bullish BPI,all still within the context of a bear market (price below 50dma,which is below 200dma)

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