Dumb Monkeys And The Stock Market
Stock-Markets / Stock Markets 2011 Jun 30, 2011 - 01:55 PM GMTBy: John_Hampson
Rally, as forecast by the indicators. Two market sayings perplex me: Only monkeys pick bottoms; No-one rings a bell at the bottom.
I believe the salient question now is, will we get a third buying opportunity, with another low towards the end of summer? Or do we take off from here and not look back?
Are we really dumb subjects, rather than intelligent beings? Look at how the stock market has been pushed and pulled by the lunar phase and by geomagnetism (represented by the Planetary A index in the first chart and cross-referenced into the second). The solar and lunar phenomena combined have 'steered' the stock market index, with geomagnetic disturbance influencing shorter term direction within a fortnightly lunar ebb and flow.
Underlying Source: Jan Alvestad
I would suggest we are both intelligent beings AND dumb subjects. Embracing lunar and solar influences to trade the markets could be considered intelligently understanding our dumbness. To understand why the sun and moon influence the markets read more here:
http://amalgamator.co.uk/LunarCycles.aspx
http://amalgamator.co.uk/SolarCycles.aspx
Looking ahead to July, we have a new moon 1st July and a full moon 15th July. There are just two small windows of geomagnetism forecast, as shown in the table below by the Planetary A Index. Note that geomagnetism forecasts can change and like weather forecasts cannot be totally accurate.
27-day Space Weather Outlook Table
# Issued 2011-06-28
#
# UTC Radio Flux Planetary Largest
# Date 10.7 cm A Index Kp Index
2011 Jun 29 90 5 2
2011 Jun 30 92 5 2
2011 Jul 01 92 8 3
2011 Jul 02 94 10 3
2011 Jul 03 96 12 3
2011 Jul 04 98 8 3
2011 Jul 05 98 5 2
2011 Jul 06 95 5 2
2011 Jul 07 90 5 2
2011 Jul 08 88 7 2
2011 Jul 09 88 7 2
2011 Jul 10 92 5 2
2011 Jul 11 95 5 2
2011 Jul 12 100 5 2
2011 Jul 13 100 5 2
2011 Jul 14 100 5 2
2011 Jul 15 100 5 2
2011 Jul 16 98 5 2
2011 Jul 17 95 7 2
2011 Jul 18 95 8 3
2011 Jul 19 95 12 3
2011 Jul 20 95 15 3
2011 Jul 21 95 10 3
2011 Jul 22 92 7 2
2011 Jul 23 90 5 2
2011 Jul 24 90 5 2
2011 Jul 25 90 5 2
Source: NOAA
US earnings start 11th July.
So how might we read this as a forecast? Upward pressure into and around the new moon of tomorrow. The first window of geomagnetism falls in this coming weekend and is expected to be relatively mild so the market may escape significant influence, but we could see a down day on Monday. Next week may see some consolidation of the rally, before seeing some downward pressure into and around the full moon of July 15th, which is followed by the second window of geomagnetism mid-week the following week, for continued downside. Following that, we should turn up again into the end of July as we approach the next new moon.
John Hampson
John Hampson, UK / Self-taught full-time trading at the global macro level / Future Studies
www.amalgamator.co.uk / Forecasting By Amalgamation.
© 2011 Copyright John Hampson - All Rights Reserved
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