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I have seen in this group many different correlation's of the sun,
planets, time lines, volume, ADX and other indicators with the
performance of the various indexes. Has anyone looked at corn? If you
back test and fit, will you find that the low of 112 in the early 70s,
pre-inflation, the low of 150 in 1987, pre-crash, and the upcoming low
have any relationship to an upcoming run of inflation or market crash.
If you are looking for reasons for the market to go one way or another,
there is always something that will reinforce your opinion. It is best
not to have an opinion when you trade and if you are in doubt, exit the
positions, and look at the situation with an unbiased view. Most
traders get into the worst trouble when they try to defend a position
they have taken. Initial stops help, mental stops are the worst. Have
a good week end. Ira.
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