Some will dismiss this, others will run for cover..
A while back, many moons ago, we had a lively discussion on this and other threads
about the validity or not of markets being swayed by the moon. Some provided studies
showing statistical correlations and others pointed to Arch Crawford who has
consistently been one of the top market timers/analysts based on his astrology.
Well, as we tumble without any exits across that imaginary line between year 1999 and
2000, this email arrived in my box pointing out December 22nd's importance.
On AltaVista I did a search for "moon" which showed 1,660,590 pages. The word
"market" found 6,117,090 pages... so with this exhaustive study I'll assert that lunar
cycles influence 16/61 or 26% of the market's moves. We've certainly been running up
into a full moon on the edge of a new millenium, so the period from the 22nd through the
end of the year may "bear" watching.
The email I received (not even sure if its true).. :)
"Everyone should mark their calendars for December 22, 1999. It will be the Last
Lunar Harrah of the Millennium.
This year will be the first Full Moon to occur on the First Day of Winter (the winter
solstice) in 133 years. Since the Full Moon on the winter solstice will occur in
conjunction with a lunar perigee, the point in the moon's orbit that is closest to Earth,
the moon will appear about 14 per
cent larger than it does at apogee, the point in its elliptical orbit that is farthest from the
Earth.
The Earth is also several million miles closer to the sun than in the summer, and
sunlight striking the moon will be about 7 per cent stronger making it brighter.
Also, this will be the closest perigee of the Moon of the year, since the moon's orbit is
constantly deforming.
In layman's terms, it will be a super bright full moon, much more than the usual AND it
hasn't happened this way for 133 years. If the weather is clear and there isn't a snow
cover where you live, it is believed that even car headlights will be superfluous.
Our ancestors 133 years ago saw this. Our descendants 100 or so years from now will
see this again.
Remember - this will happen Wednesday, December 22, 1999."
Jim |
