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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (46493)7/19/2002 8:26:02 PM
From: David Zgodzinski  Read Replies (1) of 209892
 
I'd have a hard time calling the emotions I see expressed about the market as "panic" (something that should be evident at a real capitulation)There's a lot of pain, now, but little emotional fear.

So here's a tidbit from Raymond Merriman's column of last week that might pertain to next week.
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But if those lows of 8599 in DJIA and 900.50 in September S&P futures break, the next lunar reversal period is not due until the Full Moon phase of July 24-26. We could easily make a case that the sense of panic could continue, and even climax, then.
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stariq.com
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