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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: John Pitera who wrote (27992)	7/19/1999 2:18:00 PM
From: Chip McVickar	Read Replies (3) of 44573

John, Most of this kind of work has been concentrated on the Solar Eclipse of August 11th. But there seems very little published work (with hard data) to substantiate these Lunar and Solar events over a long period of market history as reliable trading patterns. What does come out is also mixed with personal forecasts which is where the writers draw their audience and make their money. These subjective pronouncements are often nothing more then noise. Feb 16th was the last lunar eclipse off a new moon, it was basically a non event that continued that volatile sideways market of Jan-March99 around 9200 Dow and set the stage for today's highs. I don't trade these lunar or solar patterns independently,...but use them as signal posts for possible indicators and pivots for major changes in trend. Will be interesting to see what happens. Chip

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