MOST OF US HAVE VERY SHORT MEMORIES , including me.
However, as previously mentioned, I KEEP a WEEKLY LOG
on a legal pad, and have data & info going back years.
NOW< why do I recall this NOW ? GOOD QUESTION- HERES why.
ON JULY 7th the PSYCH READ WAS :
INVESTMENTS COULD CRASH- BUT JAY, the DOW was UP 93 pts that day.
And I wrote this- JUST BECAUSE IT DIDN'T HAPPEN THAT DAY doesn't
mean its a dead issue - Nor does it alleviate the severe decree.
RECALL the SPX was at 1347 on July 7th.
IM SURE WE CAN ALL relate to the fact that the SPX just hit 1101
on Aug9th- DOES that relate to the PSYCH READ? DUUUHHH.
SO what does that teach us? I have NOW discovered that those readings
can also be futuristic, and EVEN THEN the BIG declines still held off till AFTER the 15th -FULL MOON.
(also keep in mind that full moons are generally like the energizer bunny for stocks)
NOW we have a severe psych read right ON a FULL MOON.
What can that possibly be forecasting?
Aug 11th-THSDAY -
DON'T FOLLOW THE CROWD
Dangerous conditions now prevail
Curb excesive spending