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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: MythMan who wrote (52972)7/23/1999 5:19:00 PM
From: pater tenebrarum  Read Replies (1) of 86076
 
MM, it may be crap, but it has a very good record. statistically speaking the chance for 8 crashes to have occurred during the lunar/solar eclipse combo is 1:127,000. since there is no rational explanation available as to how it is possible that greed can turn to fear from one day to the next, this theory is as good as any. believe me, i'm a very rational person myself and very skeptical of esoteric theories. with regard to this particular one, what is fascinating about it is the weight of the statistical evidence. somehow there is more to financial panics than meets the eye. for instance the panic of 1857 hit the U.S. and European markets concurrently and the recovery started on exactly the same day as well. this seems impossible considering that the undersea telegraph cable connecting the two continents was out of order from slightly before the onset of the panic up until a time when the recovery was already well underway.
is it possible that the moon and the sun have some influence on human mood swings? it certainly is. the fact that we have a word like 'lunacy' (luna=moon) for instance is proof that there must be some empirical evidence accessible to the subconscious that shows that this is indeed the case. checking the newspapers after a full moon night you will regularly find bizarre occurrences involving strange human behavior. therefore, i would not dismiss Puetz' research out of hand. especially now that the market has made a complete turnaround from euphoria to something less than euphoria for no good reason.

regards,

hb
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