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I?d like to add a comment. Sometimes rational science finds something that
correlates to something that is not respectable/acceptable because it is
considered superstition, mysticism, religion or presented by someone who
doesn?t have the ?correct? credentials: and then another useful idea is
rejected.
Back around 1940 +/- an engineer at RCA was trying to determine the times
when radio signal transmissions were subject to natural interference. He
observed that bad periods for radio transmissions corresponded to
bad/unfavorable astrological positions/signs of the planets and vice versa.
He wrote a paper on it which was published in the IEEE Journal. (His paper
had been previously rejected by astronomical journals as unscientific.).
This paper can be verified by doing a search on IEEE papers of that period.
I read the paper many decades ago, I remember that it seemed quite
scientific and only mentioned that coincidentally these astronomical
positions of the planets corresponded to favorable and unfavorable
astrological signs.
The history of technology and science is full of this sort of rejection.
Lionel Issen
From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of Tony M
Sent: Monday, May 28, 2007 8:59 AM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: Re: [EquisMetaStock Group] Re: Lunar Indicator
Dear Metastock collegues,
Maybe this is "old news" to some, but having seen & heard a lot of criticism
of "lunar indicators" by those who do
not believe in astrology, I would like to share with you the following
defence of the lunar indicator.
In addition to seeing charts that show that sometimes it works, I always
feel a lot more comfortable personally when using an
indicator if there is also some fundamental justification of why it should
work, not just in terms of the computational algorithm,
but in terms of some underlying physical or economic principle. The
justification for the lunar indicator is as follows:
In many cases, money flows into and out of the market at or around certain
specific dates. For example,
the "January effect", or the effect of tax selling before the end of the
financial years (different in USA & Australia),
or the "window dressing" effect of investment institutions re-adjusting
their portfolios at the end of each quarter,
or of new funds being allocated at the beginning of the month, etc. The
dates of these occurrences are based on
the standard internationally accepted Gregorian calendar, or its near
equivalent the Fiscal calendar,
in which week 1 of the year starts based on the week containing 4 January.
These are the calendars we all know, but Islamic countries and people use
the Hijjri Calendar, either in addition to,
or in some cases instead of the international standard Gregorian calendar.
The Hijri calendar also has 12 months, but these months are either 29 or 30
days long,
so the total length of the Hijri year is 354 days, not 365 days. The Hijri
or Islamic calendar is a LUNAR
calendar. The first day of each month of this calendar was traditionally
based on the "hilal" or first sighting of the lunar
crescent or new moon. For widespread general use in modern times, the
Tabular Islamic Calendar calculates the Hijri
date based on arithmetic rules. More info about this can be found on various
web sites such as:
HYPERLINK
"http://www.rabiah.com/convert/introduction.html,"http://www.rabiah.com/conv
ert/introduction.html, HYPERLINK
"http://www.phys.uu.nl/~vgent/islam/islam_tabcal.htm,"http://www.phys.uu.nl/
~vgent/islam/islam_tabcal.htm,
HYPERLINK
"http://www.islamicfinder.org/dateConversion.php"http://www.islamicfinder.or
g/dateConversion.php or HYPERLINK
"http://www.fourmilab.ch/documents/calendar/"http://www.fourmilab.ch/documen
ts/calendar/
Basically, any lunar indicator which is calculating the time of the new moon
is in fact also calculating the start date of
each Islamic month (and the following full moon then corresponds to the
middle of the corresponding month).
A number of Islamic countries (e.g. the Arabian Gulf states and others) have
great financial strength and are actively involved in trading and
investment.
For example Kuwait, well known as one of the world's major oil producing
countries, now generates as much from its international
investments as it does from oil (ref. HYPERLINK
"http://www.kuwaitnatoconference.com/secondary.asp?Page=3"http://www.kuwaitn
atoconference.com/secondary.asp?Page=3).
Investment timing decisions of financially important countries or
individuals are likely to be based on the calendar,
but in some cases this may be the Hijri (lunar) calendar rather than the
Gregorian calendar.
Although the date (in the standard Gregorian calendar system) is not always
a good predictor of price movements, it does at least
make sense to consider the possibility of timing effects based on money
flows. When considering the international investment world,
these timing effects are likely to be not only according to the standard
Gregorian calendar but also on the Hijri calendar, which is lunar.
In conclusion, there is a very good fundamental reason to take seriously the
concept of the lunar (or equivalent Hijri calendar) indicator.
with best regards
from Tony M.
(still in Moscow)
----- Original Message ----
From: pumrysh <HYPERLINK
"mailto:no_reply%40yahoogroups.com"no_reply@xxxxxxxxxxxxxxx>
To: HYPERLINK
"mailto:equismetastock%40yahoogroups.com"equismetastock@xxxxxxxxxxxxxxx
Sent: Friday, May 25, 2007 8:29:34 PM
Subject: [EquisMetaStock Group] Re: Lunar Indicator
HYPERLINK "http://finance."http://finance. groups.yahoo. com/group/
equismetastock/ message/24199
--- In equismetastock@ yahoogroups. com, Claud Baruch <claudb@xxx> wrote:
>
> In switching to a new computer, I lost the Lunar indicator I've been
> using for many years.
> If anyone has the formula language for that indicator, it would be
> greatly appreciated.
>
> Claud
No virus found in this incoming message.
Checked by AVG Free Edition.
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11:40 AM
No virus found in this outgoing message.
Checked by AVG Free Edition.
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