Lunar Cycle Batting Average now up to 73.1%
July 9th, 2010I know you’re all sitting on the edge of your seats waiting for the results so here’s the scoop. The Lunar cycle held for through one more phase, just by a hair. As the post below indicates, the S&P 500 Index needed to close above 1076.76 yesterday, up for the just ended Waning phase to a New Moon and it did, closing at 1077.95:
That brings the average to 19 out of 26 in sync phases, or a 73.1% average. That’s a pretty good average in any sport, including betting on the stock market.
The next Full Moon will be July 26. It won’t be a difficult challenge to continue adding to the average. My guess, though, is that we’re due for a nice, juicy decline at or near the top end of the range. I’m looking for a decline of 5-6%, to around 1026.00 on July 26.
Pure speculation but, hey, you come up with a better one.