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Re: Astro/Techncial Trading/Lee
Posted By: Trades In Response To: Re: Astro/Techncial Trading/Trades (Lee)
Date: Saturday, 4 July 2009, at 11:29 a.m.
Well seasonal trend charts are important especially when a 5yr, 10yr, 20yr and 30yr chart overlaid each other all follow the same pattern. What that is telling you is there are solid fundamental reasons for this repeating pattern throughout the year. But any given year there can be differing fundamentals,or faster,slower or less or more affecting ones that alter any given month etc. No holy grail but foolish to ignore. I don't get caught up in day to day fundamentals as most of them are camouflage broadcast over and over again to convince others of their validity (like DX support at 80) and allow the big boys to place their trades. Not simple paranoia either. Where do you think the financial news media gets their reports from. What would you tell CNBC or CNN if you were trading big and they were asking you what your opinion was to broadcast to the world? Tempting isn't it!. But even financials have seasonal money flows like everything else. As far as moon influence goes more babies are born and more people flip out on a full moon than at other times. Just ask anyone working in a hospital ward including emergency with fighting injuries etc as well as maternity and ask any policeman about extra staff on with full moon. Obviously a powerful influence on us mentally and physically. Some people in mental homes are fine normally but need sedating on a full moon. But I noticed a few posts on Corn with others here talking about planetary influences so I wondered why bother trying to figure it out from scratch. Just subscribe to Arch Crawford as he has studied this stuff for decades and has a good track record to boot plus uses technical analysis with it. Actually I have been very curious about this stuff for over 25yrs and perhaps I should subscribe for a while. Never to late to learn something new and just might match up with something I'm doing to validate my own approach. Always like to find something that confirms something I use. As far as Corn goes the chart said it all on the June 22nd breakdown of the base building uptrendline I posted that day. And the bearish tight range under the broken uptrendline I posted about June 26th. Didn't need asto for any more info than that. See both posts with charts on those dates. (check search/Trades). The chart told the story loud and clear well ahead of the sell off. Plus the seasonals are also bearish. That's two solid things to determine the market so if Astro stuff could add anything at all I would be interested. Jeez Lee, I think I'm talking myself into a subscription to Arch Crawford,LOL.
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