PureBytes Links
Trading Reference Links
|
Bobr and all,
Just in case anyone is interested in how these things are calculated,
Thursday Pluto was at
12 deg. 48 minutes of Sagittarius which equals 252.80 degrees of the Zodiac. Because
360 is one complete cycle, it also equals Zero. Think of each 360 degree cycle as an
octave. In music, moving
one octave gets you to the same note. Now we need to tune the Zodiac range to the
market range.
Just as in music, we must find the right octave that is within range of the current
market. Three cycles of 360 = 1080 which is within 360 dollars to the current S&P
500. Now to get where the Pluto line is,
we take the current postion of Pluto, 252.80 and add that to 1080 which equals
1332.80. The low on
the March S&P on Thursday was 1332.00. So, you can see by converting the degrees of
Planetary positions to S&P dollars, some interesting support levels can be had in
advance. (In case you think this is hindsight, daily planetary position information
is public knowlege and is avalable in books called ephemerides or ephemeris if
singular). The 1330 area is also a Fibonacci .618 retracement of the
entire rally from the October 1999 low to the January 2000 high.
Caveat, I have been associated with the planets but receive no compensation
directly from said planets or any solar system.
Cosmically,
Norman
Commercial free message #156
BobR wrote:
> Hot damm, the NASDAQ is going to run smack into the Pluto line on the 1st
> Harmonic inverse mirror at 4675. Will it be resistance, stay tuned in. The
> resolution on my screen says it might be +,-3 or +,-5 points. Also note
> that this resistance of the Pluto price line was support for the March SNP
> futures today. Could we be in for a switch from NASDAQ back to snp
> tomorrow? Also note the Stochastic RSI for the NASDAQ looks like a failure
> mode is in progress. Thirdly that is a Hammer candle on the NASDAQ. Would
> have been better for a reversal candle if it were red, but what the heck.
>
> BobR
>
> ------------------------------------------------------------------------------
>
> Name: NASDAQ.gif
> NASDAQ.gif Type: GIF Image (image/gif)
> Encoding: base64
|