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<DIV><FONT color=#ff0000><STRONG>If this is what you were looking for... with
Clyde Lee's comments attached from a related post.</STRONG></FONT></DIV>
<P>You may have heard of the old commodity trading saying, "buy the new
<BR>moon and sell the full". It may be good advise for <BR>some commodities
like beans and greens and corn bread, but for trading <BR>S&P's or OEX
options this year, it hasn't been <BR>worth a flip. Why? Because so far this
year any trading day that also <BR>happened to be the full moon, has closed
Positive 83% <BR>of the time. So much for old commodity trading sayings, huh?
Well, not <BR>really. Like most things in the markets there is another <BR>side
of the story. So we asked our computers to give us some additional
<BR>information on trading during a full moon. Here are <BR>the results.
<P>So far this year we have had 10 full moons. Only two fell on a weekend <BR>so
we used the following Monday as the "full moon <BR>day". We asked the
computers to look for any patterns on the 3 trading <BR>days before a full moon
day, and (since everyone <BR>wants to buy an option, hold it for a week, and hit
a home run) on the 5 <BR>trading days after a full moon day. What we found is
<BR>very interesting.
<P>As you learned above, full moon days close up 83% of the time. AND that
<BR>is the worst day to be short, as the average drop <BR>on a full moon day is
only 20.10 points on the Dow. BUT, shorting before <BR>the full moon does much
better. The average <BR>cumulative drop during the three days BEFORE a full moon
trading day is <BR>90.40 points. That's the equivalent of over 10 <BR>points on
the OEX. AND, the best day of the three to be short, or in <BR>puts, is the day
BEFORE the full moon, which averages <BR>dropping 35.20 points.
<P>BUT, if you really want to go for a big lick in puts, study this. The
<BR>average cumulative drop in the week (5 trading days) after <BR>a full moon
is 168.80 points. That's 19 points on the OEX and not bad <BR>for a weeks work.
The best day to be short is the <BR>THIRD day after the full moon trading day,
which averages dropping 72.50 <BR>points. The second best day to be short is the
<BR>FIRST day after the full moon trading day, which averages dropping 35.60
<BR>points.
<P>Now before you start thinking that this full moon stuff is a bunch of
<BR>bull, tell us how much and on what day was the biggest <BR>one day drop in
1996 (so far). We'll even give you a hint. Elaine <BR>Garzarelli had nothing to
do with it. While your at it, tell us <BR>how much and on what day was the
biggest one, and two day drops in 1995.
<P>Give up? The biggest one day drop in 1996 was -216 points on March 8.
<BR>It was the THIRD day after the full moon. The <BR>biggest one day drop in
1995 was -133 points on July 19. It was the <BR>fifth day after the full moon.
The biggest two day drop <BR>was that day and the day before, the fourth day
after the full moon when <BR>the Dow dropped -58 for a total two day drop of
<BR>-191 points.
<P>Of the 15 biggest one day drops in 1996 so far, 11 of them were within
<BR>the time frames examined by our computers during <BR>the full moon each
month. Ten of them fell in the "week" after the full <BR>moon. If we
ignore the Garzarelli selloff days that means <BR>that only 2 of the biggest
drops this year have NOT been during a full <BR>moon. Making 10 out of 13 of the
biggest drops hitting <BR>after the full moon. All other things equal, we know
of no better time <BR>to be holding puts.
<P>Only once in the past year has holding puts right after a full moon not
<BR>worked very well. That full moon was also a "Blue <BR>Moon",
proving once again that that old saying of "once in a Blue Moon"
<BR>really is something unusual.
<P> <BR>H. L.Camp
<P>October 1, 1996 <BR></P>
<P> </P></BODY></HTML>
</x-html>From ???@??? Thu Jan 08 12:47:51 1998
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<DIV><FONT color=#ff0000><STRONG>If this is what you were looking for... with
Clyde Lee's comments attached from a related post.</STRONG></FONT></DIV>
<P>You may have heard of the old commodity trading saying, "buy the new
<BR>moon and sell the full". It may be good advise for <BR>some commodities
like beans and greens and corn bread, but for trading <BR>S&P's or OEX
options this year, it hasn't been <BR>worth a flip. Why? Because so far this
year any trading day that also <BR>happened to be the full moon, has closed
Positive 83% <BR>of the time. So much for old commodity trading sayings, huh?
Well, not <BR>really. Like most things in the markets there is another <BR>side
of the story. So we asked our computers to give us some additional
<BR>information on trading during a full moon. Here are <BR>the results.
<P>So far this year we have had 10 full moons. Only two fell on a weekend <BR>so
we used the following Monday as the "full moon <BR>day". We asked the
computers to look for any patterns on the 3 trading <BR>days before a full moon
day, and (since everyone <BR>wants to buy an option, hold it for a week, and hit
a home run) on the 5 <BR>trading days after a full moon day. What we found is
<BR>very interesting.
<P>As you learned above, full moon days close up 83% of the time. AND that
<BR>is the worst day to be short, as the average drop <BR>on a full moon day is
only 20.10 points on the Dow. BUT, shorting before <BR>the full moon does much
better. The average <BR>cumulative drop during the three days BEFORE a full moon
trading day is <BR>90.40 points. That's the equivalent of over 10 <BR>points on
the OEX. AND, the best day of the three to be short, or in <BR>puts, is the day
BEFORE the full moon, which averages <BR>dropping 35.20 points.
<P>BUT, if you really want to go for a big lick in puts, study this. The
<BR>average cumulative drop in the week (5 trading days) after <BR>a full moon
is 168.80 points. That's 19 points on the OEX and not bad <BR>for a weeks work.
The best day to be short is the <BR>THIRD day after the full moon trading day,
which averages dropping 72.50 <BR>points. The second best day to be short is the
<BR>FIRST day after the full moon trading day, which averages dropping 35.60
<BR>points.
<P>Now before you start thinking that this full moon stuff is a bunch of
<BR>bull, tell us how much and on what day was the biggest <BR>one day drop in
1996 (so far). We'll even give you a hint. Elaine <BR>Garzarelli had nothing to
do with it. While your at it, tell us <BR>how much and on what day was the
biggest one, and two day drops in 1995.
<P>Give up? The biggest one day drop in 1996 was -216 points on March 8.
<BR>It was the THIRD day after the full moon. The <BR>biggest one day drop in
1995 was -133 points on July 19. It was the <BR>fifth day after the full moon.
The biggest two day drop <BR>was that day and the day before, the fourth day
after the full moon when <BR>the Dow dropped -58 for a total two day drop of
<BR>-191 points.
<P>Of the 15 biggest one day drops in 1996 so far, 11 of them were within
<BR>the time frames examined by our computers during <BR>the full moon each
month. Ten of them fell in the "week" after the full <BR>moon. If we
ignore the Garzarelli selloff days that means <BR>that only 2 of the biggest
drops this year have NOT been during a full <BR>moon. Making 10 out of 13 of the
biggest drops hitting <BR>after the full moon. All other things equal, we know
of no better time <BR>to be holding puts.
<P>Only once in the past year has holding puts right after a full moon not
<BR>worked very well. That full moon was also a "Blue <BR>Moon",
proving once again that that old saying of "once in a Blue Moon"
<BR>really is something unusual.
<P> <BR>H. L.Camp
<P>October 1, 1996 <BR></P>
<P> </P></BODY></HTML>
</x-html>From ???@??? Thu Jan 08 12:48:13 1998
X-Persona: <PureBites Sales>
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From: sales@xxxxxxxxxxxxx
Subject: Your PurePoints!
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Congratulations, 30 PurePoints have been added to your account.
For details on how you can exchange your points for
discounts on exciting gifts and luxury products, please visit our web site:-
http://www.purebites.com/cgi-local/points?a=4&emailid=greenk@xxxxxxx
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