Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (27994)	7/19/1999 2:27:00 PM
From: John Pitera	Respond to of 44573

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 I agree that the feb eclipse had a negligible impact on the equity market, I think that we saw more volatility in the currency markets. and you are so right that the lunar and solar patterns are one small variable to factor into a trading outlook or decision. John

To: Chip McVickar who wrote (27994)	7/19/1999 2:31:00 PM
From: John Meade	Read Replies (2) \| Respond to of 44573

I am a bear so take this with a grain(cup) of salt. A decent gap down tomorrow morning will make a nice island reversal of the last three days of trading. If it manifests just see it as 3 days of people who went long at the top and who are all losing money. (Two days before the uncertainty of Alan Greenspan talking) This abandoned baby pattern should be good as a top for at least a couple of weeks if it manifests. Bears have dreams too. John