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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 19 October 2013

IBM

IBM never closed above 200 (see earlier post in Sep) and the breakdown occurred this week


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3 comments:

  1. Anonymous19 October 2013 at 20:54

    Audio, Tim Wood and John Grant. John goes off on Obabacare and explains irrationay buying as Hedgies playing catch-up on perceived expanding liquidity into Q1CY14. http://www.cyclesman.net/wp-content/uploads/2011/01/John101813.mp3

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  2. BoboM20 October 2013 at 01:08

    I used to listen to those two all the time about 4 years ago and had a subscription to Tim at one time. I will have to check it out.

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  3. Anonymous20 October 2013 at 04:31

    Oil sands found under Gulf estimated value $1.5T:

    http://www.bloomberg.com/news/2013-09-12/wildcatter-hunch-unlocks-1-5-trillion-oil-offshore-u-s-.html

    That won't be $100 oil tho IMHO.

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