After Prechter's interview there was a discussion with a trader that uses astronomy to guide his investment decisions. I have absolutely no experience with this, but thought it was interesting. Most of what he said was Greek to me, but there are a few key themes.
He basically is calling for a sell off early/mid next week then a rally to finish the week and next week followed by a larger sell off.
Here are my thoughts: Assuming that social mood and people's feelings drive the market prices, if lunar activity can affect us, then perhaps completely dismissing a strategy based on astronomy may be inappropriate. There are many scientists who agree that sunspots and other lunar phenomena can affect our world, so maybe there is something here. A famous trader, GANN, also used astronomy to help him trade. He was extremely successful and is still today studied intensely. I am interested in GANN and a lot of this sounds like some of Gann's teachings.
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A summary of Tim, the Astro guy's interview on 1190am dallas
number of things happening next week...bearish in nature
Feb 6-9 Clustering of Planetary Stations (3 in 60 hours)...pretty tight clusteringMonday Mercury/Mars
Short term cycle culmination...lunar cycle full moon (trend change) Tuesday 7th
-Pretty hard to ignore when 3 clusters aligned as such...can anticipate a radical change in trend
-A couple of planetary conjunction...not necessarily bearish themselves but act as a focal point (Sun/Mercury conjunction) begins to define market trend when occurs
-Venus/Uranus conjunction (interesting planetary phenomenom)...usually see a bullish trend after that (this could occur on Thursday)
-A pullback beginning of week and rally thurs/Fri
-50% up Monday...not really expecting much
-Tuesday=key day to turn down
-May see push toward fresh resistance Monday
-Sun/Jupiter dynamics 1352 resistance
-Mercury/Venus 8th harmonic have been very important intraday...if that continues on Monday 1348 resistance...may see a little push
-would be very surprised if resistance there doesnt hold monday
-looking for short term pullback, rally then feb 20th sell off period as new configurations come into play
-Great for short term traders and nerve wracking for longer term players
-if adventurous buy some short term puts...longer term covered calls
-This coming week is reactivation of cardinal climax...line up of planets along 0 degrees of cardinal signs of zodiac (4 seasons)..."extra power points"
-Hades hits 0 degree of Cancer point and following day Venus hits 0 degree of other
-need to pay attention because may see seismic activity/other things outside the market that may provide fundamental short term shift
-in addition the massive solar flares that are occurring
-all this adds to the reason for expected volatilityf
-Still remain bullish on gold
-a lot of this may impact the dollar with expectations for dollar weakening/euro rally/gold rally
-when saturn retrogrades people usually get very conservative and tighten up on finances (sell)
www.financialcyclesweekly.com
box on website with free astro traders tip o the week
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