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In "Hints And Helps For Daytraders", the ongoing MANUAL PROJECT by Dr. Russell Lockhart - Ral makes observations about significant market structure lows and significant market structure highs, as to how they relate to the phases of the moon. Ok I know, I know...BUT as soon as you stop laughing your ass off, go and do what I did. Go back several years and plot the beginning of major rally's and the beginning of major selloff's. The fact of the matter is RAL is RIGHT!Two valid and recent examples come to mind. The Nasdaq rally that began with a final low on October 18th, 1999 happened on a FULL MOON. We closed at 2689.15 that day. This was the foreshadowing of a run that took us to March 6, 2000 the date of a NEW MOON at a close of 4904.85. A whopping +2300 points! (I should have bought OEX calls back in October) We had one, and only one up session after that, before the bleeding started. As of this date we sit nearly -1500 points from those 2 phases. Without commenting further on "MOON'S" let me just offer this thought: Go back over daily charts for the last 5 years or even 10 years, and plot market structure lows and market structures highs against full moons and new moons. Tell me if you dont come up with eight out of ten EXACT dates. Now, let me extend this concept to include a more micro view of things. Let us assume for the sake of argument, that trends formed at moon phases can have a calculated "micro life" - based on the ordinal fibonacci numbers of 3, 5, 8, and 13 days. Anything over 13 days would take us from a full moon to a new moon. So below are 2 calendars for the rest of this year. The Market Structure Low calendar to anticipate BUYING trends, the Market Structure High calendar to anticipate SELLING trends. All based on "Moon Theory" of course. Have fun with it and let me know how it works. May 10th, 2000 2001 Moon Updates Notes:
Cazart!
KingCAMBO
August 5th. 2001 *The Trend Dates Listed Here Are By Counting Market Sessions Not Actual Days
*The Trend Dates Listed Here Are By Counting Market Sessions Not Actual Days
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