Friday, November 5, 2010

New Moon statistics

Buying stocks on the New Moon is a good idea
Selling stocks on the Full Moon is a good idea

About 2000 years ago an astrologer who wrote under the name Dorotheus commented on the influence of the New and Full Moon among traders in his markets suggesting that the Full Moon brought a higher price for their wares. In the early 20th century a trader by the name of W.D. Gann said approximately the same. It was an easy observation for most day traders. In the Textbook for Financial Astrology Book 1 Lesson 4 I quote the research of Zheng, Zuang, and Zhu from the University of Michigan which stated statistically on average stocks move higher after the New Moon and fall after the Full Moon. Bill Meridian's extensive research on the Dow from 1915-1994 shows the same trend.

Therefore it was exciting to read that a new group of researchers confirmed these statistics. Here is the link.


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