Remember my "Moon & Stars," Arch Crawford moment put forward many moons ago, detailing a study done by Steven Puetz correlating stock market crashes with eclipses of the sun and moon?
Having studied eight of the greatest crashes in financial history, from the Holland Tulip Mania of 1637 to the Nikkei of 1990, Puetz found that market crashes tend to occur near full moons, and that the greatest number of crashes start after the first full moon after a solar eclipse, when that full moon is also a lunar eclipse.
Puetz found that all eight crashes occurred six days before to three days after a full moon that occurred within six weeks of a solar eclipse.
Just to review, Puetz calculated the odds of this being a coincidence are less than 1 in 127,000. Recall, too, the crashes of 1987 and 1929 were immediately preceded by a solar eclipse which was then followed by a full moon/lunar eclipse near the time of the crash.
So, guess what happened today.
And guess what is scheduled for December 10th.
Completion of wave (2) of C and commencement of a devastating wave (3) of C lower could be but days away, while this prospect's "coincidence" with celestial events sets up to be yet another unsolved cosmic mystery.
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© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.
Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.
Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.
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