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Friday, November 20, 2009 2:26:12 PM
And Fed, if you want to talk about the moon :)
Good chance we start seeing price and volume pick up AFTER the fullmoon and as as the next new moon starts to wax.
the oscillation with the moon is very apparent in the broader market. I'm not an expert in moon trading yet, but there is definitly a coorolation. Buy on full moon sell on new moon, but really its alot more complicated then that because it can reverse and osscilate and you have to combine it with thecnical analysis and trend lines. Sometimes you will have a trend continue for 2-3 moons, but the key is the reversals, when they do happen almost always happen on the new or full moon.
Sometimes these penny stocks do other interesting things though including going against the main trend. Possibly investors selling the broad market on new moon peaks and buying penny stocks. Not sure exactly what causes it. You can note the recent pullback started on Nov 3rd at the fullmoon. Then it showed some bottoming at the new moon, and now it's consolidating (presumably) through to the next full moon where the uptrend should (hopefully) continue. Also possible we could see it spike up and give us a full moon rally again, but the chart is suggesting we could see a few more days of consolidation first. Dunno if this helps, it's hard to pindown when but this helps a little.
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