Wednesday, May 26, 2010

We'll Leave a Light on For Ya!

Whoever thinks that the moon moves the tides, but doesn't affect capital markets is walking blind. I made a chart of some of the recent action and placed labels for the lunar full and new moons on the daily bar chart. The 'O' is full and '@' is new. Not every occurrence signaled a turn, and they don't have a directional bias, but if a turn materializes near a lunar event, the thing to do would be respect it. Don't take my word for it, go look at it historically.

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