Big Channels are the Highway

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The more data you have, the easier it is to see critical levels.
The 200 years of data below removes any doubt which levels are most critical should a 2008 crisis ever occur again (in 2014 just saying!). Post from

The close up of the chart below.


The long view



Investing Quote…

..“The only way you get a real education in the market is to invest cash, track your trade, and study your mistakes…. The examination of a losing trade is tortuous but necessary to ensure that it will not happen again.”..

Jesse Livermore

..”October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”..

Mark Twain