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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Thomas C (Hijacked) who wrote (30075)10/3/1998 1:01:00 PM
From: Thomas C (Hijacked)  Read Replies (2) | Respond to of 94695
 
I have noticed a relationship which I think could have enormous conseqences for the next 2 weeks or so.

There appears to be a coincidental relationship right now on 3 counts.

1. The chart price pattern from our July 17th peak 1998 to the current follows the 1929 peak to second mini peak pattern.

2. The downward trendline in both periods clarifies the relationship of the similarities of price patterns.

3. And perhaps most importantly, the phase of the moon due on this Monday the 5th 1998, will be a full moon. LIKEWISE, the phase of the Moon on October 18, 1929 was a full moon. But was is MOST striking is that in BOTH time periods, the point in the stock chart where the full moons occur shows an amazing correlation. It is right after we bounce off the downward trendline!

On Cctober 17th 1929 there was a reversal day UP just like we had this past Friday the 2nd Oct 1998, but on the 18th of 1929 the day of the full moon, there was a hard reversal down which retraced the whole previous days gain.

I guess if I had to go out on a limb and do some crazy one day prediction, I would say that Monday will bring a complete retracement of the Friday, Oct 2nd 1998 rally!!! And then the day after Tuesday should be a big GAP down which will mark the beginning of the panic cycle.

Most major panics in history have been fueled by the LACK of information further fueling fear. The LTCM situation and unknowns about what else is out there suffices as a crowd panic item.

Lets see if I am right!!

Regards,

Tom



To: Thomas C (Hijacked) who wrote (30075)10/3/1998 1:28:00 PM
From: Jan Robert Wolansky  Read Replies (2) | Respond to of 94695
 
Thomas, how reliable have you found these moon statistics to be in the past?

Jan