Discussion in 'Psychology' started by turkeyneck, Jan 22, 2008.
Do you think moon phase has anything to do with trader's psychology?
Assolutely! New, one half waxing, full, and one half waning cause turning points. But you can't pre-dick the dire-rection.
Please, I'm not a daytrader, I'm an "Intraday Liquidity Provider"
IF YOU HAVE TO ASK THAT, YOU SHOULD NOT BE TRADING OPTIONS!!
Doesn't mean much unless your a fish under water where it matters to their feeding time.
Puetz used eight previous crashes in various markets from the Holland Tulip Mania in 1637 through the Tokyo crash in 1990. He noted that market crashes tend to be lumped near the full moons that are also lunar eclipses. In fact, he states, the greatest number of crashes start after the first full moon after a solar eclipse when that full moon is also a lunar eclipse. Once the panic starts, Puetz notes, it generally lasts from two to four weeks. The tendency has been for the markets to peak a few days ahead of the full moon, move flat to slightly lower --waiting for the full moon to pass. Then on the day of the full moon or slightly after, the brunt of the crash hits the marketplace.
cont on link... Scroll down for charts/moon
Yes...everyone wants to be out watching it.
Ok so I have never looked at the moon for an indicator, so are you guys saying the moon is going to reverse the markets current down trend or are you saying it will help pull it down more? Just curious I don't think I am going to be adding the moon to my trading any time soon.
Check it out...
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