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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Challo Jeregy who wrote (41489)	6/10/2002 6:03:00 PM
From: Paul Shread	Read Replies (1) \| Respond to of 209892

No, his original work focused on when crashes occurred, and crashes tended to occur around the lunar eclipse of a solar/lunar eclipse combo. That does not mean a crash has to occur in such a window, obviously; they are rare events, but he figured the odds of 8 or 10 of the biggest crashes in history occuring around such a window as a coincidence were pretty small (1 in 120,000, I think). The greatest effect is the week or so right around the lunar eclipse (June 24 in this case), but I think Puetz claims they're in effect for two weeks after. I started following them because they seemed to produce some interesting sell-offs or other turns. Here's a list I did some time ago; doesn't include the two most recent ones, or this one: January 9, 2001 (5% Dow correction); July 2000 (18% Nasdaq correction started the next day); August-September 1998; March 1998 (missed the April 1998 peak in the NYSE A/D line by 2-3 weeks); September 1997 (missed the top by three weeks there); March 1997 (right before the worst of the nasty correction that ended in April); November 1994 (nailed the turn before the December low perfectly); May 1994 (a week before the decline to the June low); November 1993 (a 6% drop occurred right at the start of that window, but that was all there was to it); June 1993 (nailed the start of a three-week Nasdaq correction, but it was only about 4%); July 1991 (a turn UP); January 1991 (that monster rally occurred at the start of the window).