Moreover, there may be a shorter time rhythm to the Dow’s moves since last November, with a low-to-low-to-high directional change occurring every 68 trading days (± 2 days). If this rhythm remains intact, the next reversal window is now through next Tuesday; September 18 (± 2 days). Interestingly, this time span encompasses September 22, the Autumnal Equinox, which expert analyst Paul Macrae Montgomery has for years identified as a period whereby neurological extremes emerge as well as the resulting actions needed to “ameliorate” such anxieties (crudely put, “stuff” tends to occur around this time period in nature and in humans, from earthquakes to interest rates).
Friday, September 18, 2009
THOUGHT THIS DESCRIPTION OF MARKET INTERNAL MOOD WAS INTERESTING
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment