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To: Patrick Slevin who wrote (32742)1/10/1998 12:25:00 PM
From: Electric  Read Replies (5) | Respond to of 58727
 
Patrick,

I read the entire post with great interest. I would enjoy more info about this idea.

What are your feelings about "moon" trading, maybe it is just cooincidence, but what that post had to say was very interesting. So, it says to short or buy puts directly after the full moon is finished and hold until a new moon starts, and reverse the position then until a full moon exists, is that how I followed it?

Finally how far back does this data go, past the bull market? If so then maybe there is somthing to this <ggg> I know I am superstitious, especially rolling the bones... :^)

Any more information would be great!

E



To: Patrick Slevin who wrote (32742)1/10/1998 1:14:00 PM
From: donald sew  Read Replies (2) | Respond to of 58727
 
Patrick,

Very interesting stuff, not that I am a believer in astrology, but if there is a pattern then analytically it can be used as a means to determine probability.

The technicals are are mathematical study of historical patterns; therefore since this pattern has high probability, then it should not be discounted.

So tell me, is the full moon this monday.

Heres a interesting point, and nothing to do with astrology. I have not done a statistical analysis, but should - I have noticed that after every significant drop producing a CLASS BUY for the over-all market per my system, approximately 2-3 days after the reversal upwards begins there is a pullback which I refer to as the TECHNICAL DELAY DIP(DOUBLE BOTTOM). In most cases it pullsback to the beginning of previous upswing, although it did not do that in October. In light of my technicals and the TECHNICAL DELAYED DIP - Monday is up, Tuesday is up, Wednesday up or flat, Thurday down, Friday down. Interesting that my technicals are falling close to astrological trading, if Monday is the full moon.

Here are 3 examples during the past year after a substantial pullback.
APR'S CORRECTION - DOWNTREND ENDED 4/3, THEN UP 3 DAYS, THEN DOWN
AUG's CORRECTION - DOWNTREND ENDED 8/15, THEN UP 3 DAY, THEN DOWN
OCT'S CORRECTION - DOWNTREND ENDED 10/27, THEN UP 2 DAYS, THEN DOWN

The above was based on the DOW. The AUGUST correction was a 600 point correction from the intraday high to the intraday low. This correction started at 8035 on the DOW so it is about a 500 point correction if it does not drop further.

-Seeya