“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Wednesday 1 October 2014

1 Oct 2014

It is evident that volatility is in play here as our ST has been shifting back and forth for 3 consecutive days.  Seldom does it happen on an ST scale, but not impossible.  We should remain vigilant due to the oversold nature of the market.  This usually means an acceleration of prices.  In this case to the downside.  There isn't much to add to todays blog other than we had anticipated this move for a while now and the probability of more downside is high.

MT: DOWN
ST: DOWN
PA: DOWN

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