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USA Forum Posted by: dealer Posted on: 7th Jul 2001 06:42:00
Message: Peter Elidades , author of Stock Market Cycles comments on Puetz crash Peter Elidades, author of Stock Market Cycles.
"A study was completed by Steven Puetz (pronounced Pitts) showing that 8 of the 12 greatest stock market crashes in history from the Holland Tulip Mania in 1637 to the Tokyo crash in 1990 fell within a time frame of six days before to three days after a full moon (usually also a lunar eclipse) that occurred within six weeks of a solar eclipse. The odds of this happening by chance are estimated to be less than one chance in 127,000."
It is my understanding that this lunar eclipse time period usually marks the onset of the crash wave, which usually takes a week or two to fully unfold, and the worst day of the crash does not usually fall on these few days around the full moon. In fact, Chris Carolan, has shown that it is more likely to occur approximately 55 hours prior to the following new moon. Yesterday, we had a full moon which was also a lunar eclipse and occurred two weeks after a solar eclipse. We had the same setup in 1987 where the market started tanking right on the 10/6 lunar eclipse following the solar eclipse but did not all-out crash until 13 days later, just before the new moon.
I doubt the market will crash on Monday and I also differ slightly with regard to the often reliable 55 hour time window prior to the new moon which would indicate the possibility of a panic on 7/18. My own analysis and cycle work has July 16th as the day of maximum panic.
Originally posted by HothSnake
My own analysis and cycle work has July 16th as the day of maximum panic.
July 16, 2009 |
US markets surged Wednesday after Intel forecast a stronger third quarter and wary investors heaved a sigh of relief from Fed’s improved take on the economy. Enlivened moods on the Street propelled major gauges up at least 3% with the Dow Jones industrial average registering its biggest one day advance in nearly four months. The buoyant mood pressured treasuries as investors shied away from safe havens.
Go to the source and read the entire article. It was written in July of 2001, and basically predicted two months in advance the market upheaval that was to occur on September 11th, based on the same solar and lunar line up that we will soon find ourselves in this late summer and early fall. The same connection, which we find all over the historical data! Now, ask yourselves what we are headed for this fall? Total collapse? Total War? Both?
reply to post by turbokid
well that was yesterday..
well that was yesterday..
heres an article from yesterday..
July 16, 2009 |
US markets surged Wednesday after Intel forecast a stronger third quarter and wary investors heaved a sigh of relief from Fed’s improved take on the economy. Enlivened moods on the Street propelled major gauges up at least 3% with the Dow Jones industrial average registering its biggest one day advance in nearly four months. The buoyant mood pressured treasuries as investors shied away from safe havens.
its an interesting theory but i fail to believe that things like the market tanking on 9/11 were due to solar and lunar cycles. the crash after 9/11 was due to..... 9/11, not the moons location in the solar system.
A few had just gone over the minus mark. I think its nearly imposible to predict a crash, becasue of the daily stock trading and investments still going on. Peoplpe are still buying stuff, just not all mad cracy like before, so at least its still moving.
Dewey first became interested in cycles while Chief Economic Analyst of the Department of Commerce in 1930 or 1931 because President Hoover wanted to know the cause of the Great Depression.[3] Dewey reports that economists gave him no consistent answers on the cause of the depression and he lost faith in economic methods. He received and took advice to study how business behaviour occurred rather than why.
Dewey devoted his life to the study of cycles, claiming that "everything that has been studied has been found to have cycles present." He carried out extensive studies of cyclicity in economic, geological, biological, sociology, physical sciences and other disciplines. In 1941 he formed the Foundation for the Study of Cycles with a board that included distinguished scientists and industrialists to act as a central clearing house of cycles studies from diverse areas. The foundation made studies of natural and social sciences as well as business and economics, and new methods were devised for isolating significant cycles present in time series. A magazine called "Cycles" was published from June 1950, and the foundation also published a four volume collection of reports on cycles including some of Dewey's selected writings on cycles named "Cycles Classic Library Collection". Together with author Og Mandino, Dewey published a book entitled Cycles: The Mysterious Forces That Trigger Events.[1] The Foundation for the Study of Cycles is still active and is located in offices in Albuquerque, New Mexico.
As a result of his research, Dewey asserted that seemingly unrelated time series often had similar cycles periods present and that when they did the phase of these cycles was mostly the nearly the same (cycle synchrony). He also asserted that there were many cycles with periods that were related by powers or products of 2 and 3. This claim is illustrated in the table below. To construct this table starting from the period 17.75 years, multiply by three as you proceed along diagonals from lower left to upper right, and multiply by two as you proceed along diagonals from lower right to upper left. Dewey stated that the underlined numbers are commonly occurring periods (in years):
Originally posted by nydsdan
I'd like to remind everybody that 9/11 had little to do with the downturn of the DJIA in 2001. The tech bubble was bursting and the market was in a serious decline throughout the summer of 2001.
DJIA May 21, 2001: 11,337,92
DJIA Sept 7, 2001: 9,605.85
DOWN 1,732.07 (15.2%)
9/11 merely gave us historical point of reference which we humans tend to tie to a cause. A smokescreen, if you will. Some would argue that 9/11 actually helped sustain the economy through the next year because of the airline bailouts and surging security sector spending and Afghan war. By the time that started to fade, we were able to go to war in Iraq to continue spending because wars do help the economy in this sense.
Now we are running thin on wars, and the decline which began before 9/11 is taking hold. I don't think we can create a bubble big enough to hold things up for another year or so. I have been looking at this Sept since last year as the second big drop, and after this recent rally it has become even more apparent that it is what we are going to get.
I don't mean to fearmonger... I just see it plain as day that there is very little out there to float things through this fall and we will have a sizable decline. People will rally together in the face of disaster, so expect something like that in Oct/Nov in an effort to prop things up or at least soften the blow.
Major economic effects arose from the September 11, 2001 attacks, with initial shock causing global stock markets to drop sharply. The attacks themselves caused approximately $40 billion in insurance losses, making it one of the largest insured events ever.
The opening of the New York Stock Exchange (NYSE) was delayed after the first plane crashed into the World Trade Center's north tower, and trading for the day cancelled after the second plane crashed into the South Tower. NASDAQ also cancelled trading. The London Stock Exchange and other stock exchanges were also evacuated. The New York Stock exchanges remained closed until the following Monday. This was the third time in history that the NYSE experienced prolonged closure, and first time since March 1933, though the NYSE also shut down for a few months at the beginning of World War II.[2] Trading on the United States bond market also ceased, with the leading government bond trader, Cantor Fitzgerald based in the World Trade Center.[2] The New York Mercantile Exchange was also closed for a week after the attacks.[3]
The Federal Reserve issued a statement, saying it was "open and operating. The discount window is available to meet liquidity needs."[4]. The Federal Reserve added $100 billion in liquidity per day, during the three days following the attack, to help avert a financial crisis.[3] Federal Reserve Governor Roger W. Ferguson, Jr., the only Governor in Washington, D.C. on the day of the attacks[citation needed], has described in detail this and the other actions that the Fed undertook to maintain a stable economy and offset potential disruptions arising in the financial system.[5]
Gold prices spiked upwards, from $215.50 to $287 an ounce in London trading.[2] Oil prices also spiked upwards.[6] Gas prices in the United States also briefly shot up, though the spike in prices only lasted about one week.source
Originally posted by HothSnake
reply to post by ldyserenity
The rich in this country won't be able to stop it. If the powers that be will it, it will come and they will spare no one.
"Technical indicators reveal that the stock market is engaging
in one of the rarest of events, a blowoff, i.e., an accelerating
upward move into a spike reversal that resolves in a crash.
How rare is a stock market blowoff? One has not occurred in modern
history. They are common in fifth waves of Primary and Cycle
degree in commodities, but not in stocks. Even the upward surge
in 1928, the closest thing to a blowoff in the last 276 years,
was followed by a five-month consolidation and a new high on
lesser upside momentum, the typical profile. The last time the
stock market had a commodity-like ending was the year 1720,
which saw the culmination of investment manias in England and
France. That was the last time a wave of Grand Supercycle degree
ended. So in this context, a blowoff is apparently normal stock
market behavior. This advance has the characteristics
of a terminating fifth wave."
-Robert Prechter, excerpt from his February 9th issue of
"The Elliott Wave Theorist" (see Feb.19th Barron's, p.MW46) source