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A November Low Forming?

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slipslidingaway Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-13-08 08:01 PM
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A November Low Forming?

"...Full Moon of November 13th and New Moon of November 27th

The Moons are very good at marking exact turns when the markets get very emotional and volatile, and this is one of the most emotional and volatile period we have seen in a long time. Full Moons are statistically lows and the next one falls on the 79 year anniversary of the final November 13th low of the October 29, 1929 crash and since we made an October 28 low this year it could mark the final low here as well. If we see a deep low near this Full Moon of November 13th, then the next New Moon of November 27th will most likely be a high, but if we do not see enough selling by the Full Moon, we may continue to decline towards the New Moon as well..."

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