Showing posts with label Lunar Cycle Trading Strategy. Show all posts
Showing posts with label Lunar Cycle Trading Strategy. Show all posts

Wednesday, December 14, 2022

The Moon-Stats | Jack Gillen

Jack Gillen (2002) - There is a Moon statistic that falls into the 70 - 100 percent group but is closer to the 70 percent group, and that’s the Moon’s transit from Virgo to Pisces
 
Virgo to Pisces Moon Cycle 2019 - 2026
 
Therefore, if you are looking to go long with a stock it’s best to start during this period. For instance, in the year 2003, on the tables we have January 21st - February 3rd. This is indicating that at the closing price of January 21st would represent the Moon in Virgo, and the fact that you can have a big drop in the market with the Moon in Virgo, is the reason this is based on the closing price. Therefore, by going long during this period it is indicating to you there is a 70 percent chance that on February 3rd the Dow Jones Industrial Average will be higher [...] and if you have a stock you want to short, your best chance would be from the sign of Pisces to Virgo.
 
Quoted from:
Jack Gillen (2002) - AstroStats for the New York Stock Exchange.
 

Friday, October 14, 2022

Chinese Stock Indices, Gann Time Theory & Solar Terms | Tianbao Zhou et al.

Tianbao Zhou, Xinghao Li & Peng Wang (2021) - Stock indices proved to be rather predictable to some extent. Therefore, according to the study, investors can invest in ETFs that belong to the indices as an ETF is completely coincidental with the index it belongs to. Furthermore, ETFs provide investors with a variety of options of risk and profit. The Shanghai ETF is smooth whereas the Second Board 50 Fund fluctuates a lot. Investors are able to get a high profit from individual stocks as well through implementing the results of this study. The correlation between the turning points of indices and the Chinese 24 solar terms was positive (r = 0.9878).

Turning points always occur near solar terms. Through testing n-day extreme points with a different n value, the sharp turns of the trend often happened near the solar terms, and if we choose 4 days as the valid time radius, the probability is about 80%. Investors should be alert for four days before and four days after a solar term. If the price is too high (low), it is more likely to be affected by the coming solar term, and the higher (lower) the price is, the more instability the trend then would have. However, solar terms are not always strong turning points, but they might cause weaker turning points. In other words, solar terms might not cause a sharp reversal of the stock trend; strong turning points were just some exceptions. Usually, the turning points were not that strong but sufficient for medium-term and short-term investors. The alert period provided investors with a good strategy for short-term and medium-term trading. When judging the upcoming reversal, it should be dynamic. 
 
 
[...] Eight of the Chinese 24 solar terms are very prominent, namely, Chunfen (6), Xiazhi (12), Qiufen (18) and Dongzhi (24), which represent the most vigorous time-points in each season and are the most important four solar terms; the other four are Lichun (3), Lixia (9), Ligiu (15) and Lidong (21). These four represent the beginning of each season and are the second important four solar terms.
 

To our surprise, the importance of these eight solar terms exactly coincides with the wheel of the cycle theory in Gann theory. In Gann’s wheel, the most important four angles are 90°, 180°, 270° and 360° (0°), and the corresponding time-points of each year are exactly the four solar terms of Chunfen (6), Xiazhi (12), Qiufen (18) and Dongzhi (24). The second important four angles, 45°, 135°, 225° and 315° exactly correspond to the four solar terms of Lichun (3), Lixia (9), Liqiu (15) and Lidong (21). Regardless of the angle in Gann theory or solar terms, they all point to a common rule, that is, the stock trend is most likely to turn at these eight points. We can summarize the above results as follows: variable or more significant extreme points often occur at the solar term point, and the solar term point usually makes the stock trend turn according to its strength, and the turning strength is large or small.
 
[...] the Chinese traditional culture, human society is affected by natural factors at every moment, and one of the factors is time (including the time cycle, time-points and time periods). Despite the fact that the absolute price of a stock is generally supposed to be unpredictable, the turning points and reversal of trend of stock indices have rules to follow. 
 
Gann theory suggests that the cycle of time is almost everywhere in the stock market, like our pulse cycle and four seasons of the year. Nobody denies the existence of the time cycle as it retains its rationality and regularity in the nature. Whether or not we know, the regular shocks and vibrations in the stock market caused by time do happen.

[...] we only analyzed the trend and turning points of the Shanghai Index rather than a certain stock or an absolute stock price. We supposed that the index is a wide and general performance of the stock market which eliminates many extreme and irregular cases. Many theories have focused on calendar effects, and all of them show the effort in searching for the independent time factors over regular human factors that may affect the stock market. However, such a division of time is so modern that the turns do not always fall on them. 
 
Besides the solar terms, in China, we have 12 zodiacs (corresponding to a 12-year cycle), lunar months (corresponding to the monthly change of the moon), 10 heavenly stems and 12 earthly branches as well as the constellation of both the Chinese version and the Western version. Thus, we can see that throughout the history, ancient people were always doing tremendous work in summarizing many kinds of time cycles in order to survive, forecast and develop their civilization.
 

[...] The 24 solar terms in each year and their links accurately fitted the trend of the stock in that year. Using 24 price data-points instead of nearly 250 daily data-points of the whole year could make the daily data of high frequency more concise and easier to process. With 250 high-frequency daily data-points, there is strong volatility, which leads to the obvious heteroscedasticity of the data and increases the complexity of data analysis. 
 
The use of 24 solar terms instead of annual data also greatly reduces this unstable and irregular fluctuation. This also coincides with Gann theory. The forecast of future trends in the all-terms group and the eight-terms group was precise, but there remained a gap with the absolute price. We were only able to forecast the time-points and the turning points; as for the absolute price, we hardly made it. This is because the stock market involves a great deal of instability and is extremely complicated.



[...] as we were inspired by Gann, Elliott and the Chinese 24 solar terms, we would rather look for those that do not change, and that is the key to have a better understanding and cognition of our real world, of course, including the stock market. For this reason, it is the higher dimensional time factor and time cycle that produce an overwhelming impact on the stock market, so it reminds us of taking into account the importance of time when conducting such a study. That is why Gann summarized a tremendous amount of time periods to inform the possible reversal in the capital market while the ancient Chinese figured out 24 divisions of a year as 24 solar terms which all solely point to time.

In addition, the ancient Chinese elaborated a complex system, and there are actually many  other divisions of time, years, months, etc. in the Chinese culture. For example, the ten heavenly stems and the twelve earthly branches decide what a year would be like, and that is a 60-year cycle as there are 60 different combinations of one out of the ten heavenly stems with one out of the twelve earthly branches. By the way, one combination is called Gengzi, which is supposed to be the year of disasters and conflicts; the latest Gengzi year was 2020.

 
 

Periods When to Make Money | Benner Cycle Projection into 2023 Major Low

Samuel Benner was a prosperous American farmer wiped out financially by the 1873 panic and a hog cholera epidemic. In retirement, he set about to establish the causes and timing of fluctuations in the economy. 
 
Edward R. Dewey (1967):
» If you had used these dates for trading, your percentage gains between 1872 and 1939
would have been 50 times your losses!
«

In 1875 he published a book called
"Benner's prophecies of future ups and downs in prices" forecasting commodity prices for the period 1876 to 1904. Many - not all - of these forecasts were fairly accurate. The Benner Cycle includes:
  • A (upper line): "Years in which Panics have occurred and will occur again." A 54 year cycle alternating every 18, 20 and 16 years.
  • B (middle line): "Years of Good Times, High Prices and the time to sell Stocks and values of all kinds." Cycles alternating every 8, 9 and 10 years.
  • C (lower line): "Years of Hard Times, Low Prices, and a good time to buy Stocks, 'Corner Lots', Goods, etc, and hold till the 'Boom' reaches the years of good times; then unload". A 27 year cycle in pig iron prices with lows every 7, 11, 9 years and peaks in the order 8, 9, 10 years (B - middle line).
Benner's cycle projections align with the latest analysis of the "Foundation for the Study of Cycles" and are pointing to a major stock market low in the US in 2023. David Hickson's Hurst cycle analysis projects this low to March of 2023 and Martin Armstrong to April 11, 2023 (Tue).
 
» Periods When to Make Money « ; the original business card of George Tritch Hardware Co.
Apparently, the diagram was compiled by George Tritch in 1872, but was not attributed to
him by Samuel Benner in 1875.
 
References:
 

Monday, October 10, 2022

Lunar Phases and Stock Returns | Kathy Yuan et al.

Kathy Yuan, Lu Zheng & Qiaoqiao Zhu (2002) - This paper investigates the relation between lunar phases and stock returns for a sample of 48 countries. We find strong global evidence that stock returns are lower on days around a full moon than on days around a new moon. Constructing a lunar trading strategy, we find that the magnitude of this return difference is roughly 4.2 percent per annum.  
 
 
Since lunar phases are likely to be related to investor mood and are not related to economic activities, our findings are thus not consistent with the predictions of traditional asset pricing theories that assume fully rational investors. The positive association we find between lunar phases and stock returns suggests that it might be valuable to go beyond a rational asset pricing framework to explore the psychological effects of investor behavior on stock returns. 

Figure 1 - Average Daily Return of the Global Portfolio by Lunar Dates

Figure 2 - Average Daily Stock Returns of Global Portfolio by Lunar Windows

Figure 3 - Distribution of Full Moon Days on Days of Week

Thursday, September 22, 2022

The Sun and the Moon | Jack Gillen

Jack Gillen (1979) - The Sun is an energy planet. It gives and takes energy. A solar cycle is 365.25 days. It affects the stock market every 30 days, as the Sun transits through the 12 signs of the zodiac. The Sun also has an 11-year solar cycle in which Sun-spot activity peaks, followed by five and a half years of solar flares, a period of more or less calm with respect to the Sun’s surface. And during this period the Sunspot areas emit a wide range of intense radio and electromagnetic radiation of various types, affecting people and conditions of the planet Earth. This has been researched not only by astrologers but by astronomers. It has a definite effect on the stock market, commodities, and other areas related to the stock market.


As in all living matters it seems to affect mundane things like corporations and the stock market in the same way. This is to say that with regard to the birth month and the birth date, six months prior to the birth date the solar cycle is high, giving energy and pushing the related company forward [Example 1]. The Sun also is a planet associated with the ego, appearance and personality. Six months prior to the birth date, the company is brought out before the public. The birth date to six months after, the energy flow is low it becomes weaker and this affects the stock market in the same way. 


As an example, the stock market was born May 17, 1792. So the months of May through November relate to low activity, affecting the market's price and structure. As we go from December through May, we go through the high cycle, the up period of the Sun. But there are many cycles of the Sun that affect different areas of the stock market as the Sun affects each house with relation to the buying public. In each six-month period of the year we will also find a close relationship between price. movement and volume from Aquarius to Leo, or from February to the last two weeks of July. Looking at example 1, we find that the birth month and the Sun cycle six months prior to the birth month is at a high level; six months after the birth date, it is at a low level.

In Example 2 we take the Midheaven aspect to the Ascendant. We can see in Example 2 that the chart of the stock exchange starts its up level in the sign of Aquarius and its down level begins in the sign of Leo. So these are the two breaking points within a year: under Aquarius and under Leo as the Sun transits these signs. The low part of the chart, which is the Nadir, is the sign of Libra. This will generally be the low point of the year, as October would always represent low price. low volume, in which the opposite point to the Midheaven is Aries. This would be affected by the planet represented at the Midheaven. However, in April, under no afflictions, this would be a great month where records would be set in the areas of volume and prices.

As we start with Aquarius, this would run from the last two weeks of January through the first two weeks of July. However, as the cycle proceeds through Pisces, which is a weak sign, it would represent a weak month for volume. From the latter part of March through April and May, and even into June, these could be above average months for prices and volume. Now, as the Leo portion is activated from July through October, these are very weak months. You cannot expect too much in the way of prices or volume. If there is any weakness in the market it will more or less have a breakdown during these months. Not only are we in the six-month period after the birth date but we also have the effect in the Leo portion of the house when the Sun is moving downward towards the Nadir, which is the cusp of the fourth house. The Midheaven is always the cusp of the tenth house. 

So the low points in this pattern would mainly be in February through Aquarius and in August when it drops down, with a peak at the Midheaven which would be in April under the sign of Aries.

The six-month cycle tends to extend from the Aquarius portion to the Leo portion and, again, from the Leo point to the February point prices tend to follow the volume curves from these aspects, with the weaknesses in the February-March, July-August and October-November periods. Therefore, in judging the stock market as to whether it will turn up or down, it is best to look at the Sun and the aspects pertaining to the Sun. If the Sun is under heavy affliction, these periods represent a bearish market. In good aspect, it will be bullish. In the good periods moving upward toward the Midheaven, it will be higher than normal. Moving toward the lower section, it will be lower than normal. This is why there will be so many depressions, recessions, panic and fear in the stock exchange in the latter part of the year as October approaches.

The Sun's aspect and influence on the market will also affect a lot of stocks because individual stocks are affected by the movement of the Dow-Jones Industrial. You have to relate a 50 percent mark-up on a bullish market and take away 50 percent of an individual stock if the market is bearish. You can only give a stock 25 percent on its own merit. This means if the market is bad and the stock shows an indication of moving up, the price ratio as far as at what price to sell should be at a 25 percent profit. There are other indications, though, at which you could go for a 50 percent profit if the earnings are extremely high. A lot of gold and silver stocks will generally do the opposite in a bad market, and go all the way up. But if the market is bad and the Sun cycle is moving into that low period, you want to go short, or short at 50 percent from its point at that degree at that time, when the market shows indications of falling backwards. The Sun is a minor influence in relation to the overall picture of the market; however, it affects the market every year and there will be a pattern to each period of the year as far as the Sun’s transit through that sign. This will also relate to individual stocks, which will show the same pattern. So do your homework. Any time you select a stock, find the month in which to buy it and the month in which to sell the month in which it is usually at its highest point. You can relate this to the Moon for its exact day for buying or selling.

The market is always influenced by the Sun pattern and it will happen year after year. From January to the last two weeks in July, market prices will trend upwards, and in the latter part of the year after the influence of Leo, the market will be down in price. This is the average trend that will always occur and it affects volume as well as prices. However, it is important to realize the influence of the Sun in the chart of the New York Stock Exchange, and the Sun’s complete cycle.

Also, any corporation will be affected by certain cycles of the Sun through these signs. It is important to backtrack about 12 years during the pattern of the Sun’s cycle in order to see the pattern on which the company is being activated as far as the solar cycle.

The period of the Sun in Aries is usually from March 20 through April 19, Taurus, April 20 through May 20; Gemini, May 21 through June 20; Cancer, June 21 through July 22; Leo, July 23 through August 22; Virgo. August 23 through September 22; Libra, September 23 through October 22: Scorpio, October 23 through November 21; Sagittarius, November 22 through December 21; Capricorn, December 22 through January 19; Aquarius, January 20 through February 15; and Pisces, February 19 through March 20. These are the twelve signs with the transit of the Sun.

Again, let me stress the importance of the aspect of the Sun during these periods. If it involves a combination that relates to panic, crashes, recession or depression, then these months will be more intensified as far as the effect. If the transit is in a trine or a good aspect then the movement will be fess severe than under normal conditions.

There is one more important point to the solar cycle which is really the result of another cycle. This is the 19-year cycle of the motion of the plane of the Moon's orbit. It is the solar eclipse cycle. Although there is partial or total eclipse each year. usually there will be an eclipse near the same degree of the zodiac once every 19 years. This is a major eclipse. This major eclipse does have an effect on changes within the stock market and these changes have been reflected year after year during these cycles. Since this eclipse involves the Moon, it represents changes in relation from a Moon-Sun characteristic.


In this cycle the Sun makes a complete circuit of the sky and reaches the same Node at the same place on the ecliptic as shown in diagram 3. This length of time is 6585.32] solar days, which is 48 years, 11.33 days. The shortest time required for the Sun to travel from and return to the same node is 346.6 solar days, an interval known as an eclipse year. It is listed on the calendar year because of the effect of the session which is known as a slow regression of the nodes around the ecliptic. Nineteen of the eclipse years contain 6585.4 days, which is precisely 223 synodic months, This is when the Nodes themselves become important in the predictions on the stock market.

The Moon affects changes and emotions. The daily influence on the stock market is related to changes of the Moon as it transits through each sign. Its effect on individual corporations would be the same. The Moon works in association with the planet Saturn. The Moon's phase cycle is from 28 to 29.5 days. Saturn’s cycle is 28 to 29,5 years, So, where it takes Saturn 2.5 years to transit one sign, it takes the Moon 2.5 days. If the Moon shows weakness in one sign as to where a stock would drop rapidly during that time, then when Saturn is also in the sign this would cause a 2.5 year downtrend for the stock. For example. if the Moon goes into Taurus and the stock goes up or down, it will do the same when Saturn is in that sign. So ever though a lot of aspects related to the Moon are minor, such as a stock might drop one-eighth to one-half, during its transit through any one sign, it does relate 10 a longer trend with the effects of Saturn.

In judging the daily influence of the Moon's dominance over a certain stock, bear in mind the influence of a transit of the Sun. If the Sun’s movement shows a high point for the Dow-Jones averages, then the Moon as a negative factor on the Dow-Jones will not have that much influence. If they are both at a high point, then the stock would rise extremely high on that day. So use the Moon as a daily indicator together with the 30-day movement of the Sun in each sign.

There are three cycles related to the Moon. One is called a Moon return. This cycle occurs every four years, when the Moon returns to the same position. (Check the four-year cycles day by day of a stock.) Another cycle is 27.5 days by the sign itself and 28 or 29.5 days by phase. These are the cycles represented by the Moon. The pattern of the four-year cycle is more dominant in a long-term trend relating to the stock market. The Moon also has a period in which it is stagnant, or void of course. 1t is a period when the Moon is changing from one sign to another without being aspected. From research this is not a period to purchase stock as it represents changes indicating a complete reverse. It is an unstable period of the Moon.

You can also determine monthly trends by watching the Moon under each cycle. In a period of 28-29.5 days, if the Moon falls square, conjunction, or opposite to planets passing over the Midheaven, this will give you an indication of good or bad returns following the week in relation to the stock market itself. It generally relates to people's emotions. The Moon's Nodes are also prominent indicators as far as the movement around the zodiac. If an individual stock has the Moon's North Node going toward the Midheaven, this indicates it will have movement. If it falls below the Ascendant, this generally causes it to move downwards. However, again, you have to use the other planetary movements to make a complete judgment. You cannot do it by the Nodes themselves, but the Nodes would reinforce any conditions shown as a downtrend in a certain stock.

The Moon and Sun in relation to each other show a type of speed that a certain cycle is indicated to move under because the effects of the Sun, the Moon and Earth are the prominent factors relating to the movement during the year, The other planets more or less determine tong-tern trends.

The speed of the Moon is affected by the tidal deformation of the Earth which produces a gradual increase on the Moon’s orbital speed which in turn makes the Moon slowly recede, causing a fast or a slow Moon which does reflect the aspects as far as movement of a cycle. IF it’s fast, there's a lot of action in the market, or if it's slow, then a change is predicted. In Diagram 4 we have a plain view of the Moon's orbit, We show that the Earth-Moon gravitational inter-reaction generates two bulges, more or less like a plastic bubble. The Earth has an axial rotation which is faster than the orbital rotation of the Moon, and the effect of this frictional drag is that the bulges arc carried around the Earth's rotation until a balance is established between the drag and the tide generating force.

The pattern of the four year cycle is more dominant in a long-term trend relating to the stock market. The Moon also has a period which is stagnant. This is called the Moon void of course. It is a period when the Moon is changing from one side to another without being aspected. This is not a period to purchase stock as it represents changes that could go completely reverse. It is an unstable period of the Moon itself.


In diagram 4 we have equilibrium point 1. This is nearer to the Moon than point 2, and is therefore experiencing a stronger gravitational attraction than 2. Both 1 and 2 are displaced from the central line so that the forces along with 1 and 3 and 2 and 3 converge toward the center of the Moon. These two forces may be resolved at the Moon into components that act, in one case, along the central line toward the Earth; and in the other case at right angle into the direction of the Moon's orbit. The components acting toward the century add together, whereas the components in direction of the orbit are in opposition. Because the force along 1 and 3 is larger than along 2 and 3, this means a net unbalance force acting on the Moon in the orbital direction, which has the effect of accelerating its motion, moving it into an orbit of a larger radius; modern estimates indicate a recessional speed of about 3.2 cm. per year.

For accurate calculation, there are many Moon sign books and Moon calendars, that will give you the transit of the Moon each day, which you can relate to stock predictions. In the speed of a stock, we have the one-half cycle, the one-fourth, and the three-fourths, all of which indicate changes in relation to the up and down cycle price of each stock.

 
See also:
 

Saturday, July 30, 2022

Trading the S&P 500 with the Lunar Cycle | Randall Ashbourne

Randall Ashbourne (2011) - [...] stock prices tend to be higher around the time of the New Moon each month and reach a temporary low point around the time of the Full Moon. Now that’s statistically speaking. And there are Lies, Damned Lies - and Statistics! [...] Many of the Lunar trading articles found easily on the internet tend to suggest the potential gains are relatively minor, or that the phenomenon inverts so often that it can’t be used as a reliable trading technique.

[...] What I discovered was that, statistically, the old assertions not only hold up, but when traded consistently over time, produce big profits for small amounts of time exposed to market conditions [...] Buying a single share of the index at the closing price of our starting date on the January 4 New Moon and holding until the close of the June 1 Solar Eclipse New Moon, produced a profit of $44.35 - 3.49% (bottom left corner of the table).
 
 
However, going Long for one share from each Full Moon close to the next New Moon close, produced more than twice the profit - $90.96. So, we were in the market for half the time and twice the profit (the FM-NM green phase label).

[...] Staying OUT of the market during all New Moon-Full Moon phases would have protected us from losing some of our buy-and-hold gains … but delivered much better profits for our Loonytoons strategy by being profitable Short trades. We were in the market ALL the time, but continually reversing positions - to get three times the profit of buy-and-hold. The darker green coloring shows the very profitable trades, the light green shows profitable trades. The rose coloring shows that only ONE “assumed” Short phase would have resulted in a trading loss. But, remember … this is overall, taking into account the full 6 month period.

[...] take advantage of the Quarter Moon dates. So, our trading strategy now becomes to open 1 position at either the New Moon or Full Moon, but to add an extra position at the First Quarter or Third Quarter date. And the table below shows a significant boost to our potential profits: Instead of relying totally on the 14 day Short from NM-FM, we add one extra Short at the 1Q Moon - boosting the overall profit from Short trades from $46.61 to $109.36. And we adopt the same strategy when we reverse to Long trades at the Full Moon - 1 Long at Full Moon and one extra Long at 3Q Moon, boosting our Long profits to $152.56.
 

Taking advantage of the extra Long or Short position at the closing price on the day of the First Quarter or Third Quarter Moon dramatically increases the profits.
 

While the buy-and-hold strategy produced a profit of 3.5%, we could have made marginally more money by Shorting the index for a couple of weeks at each New Moon; twice as much money being exposed to the market for only half of each month from Full Moon to New - and almost six times as much money by playing the odds that the “statistics” will hold true when traded automatically, but consistently, over time.

The Lunar Cycle | Carol S. Mull

Carol S. Mull (198?) - The lunar cycle was first studied and presented to the faculty of the Graduate School of Pace University by Frank J. Guarino, in partial fulfillment of the requirements for the Master of Business Administration degree. Later, his thesis was published by the American Federation of Astrologers. Modern cyclists have carried Guarino's work much farther. Today, it is possible to predict the market with 70% accuracy using only the lunar cycle.
 

The Sun and the Moon are in square aspect (90°) during the first and last quarters, in opposition (180°) at the Full Moon, and in conjunction (0°) at the New Moon. They are in sextile (60°) between the New Moon and the first quarter and between the last quarter and the New Moon. For precise work, compute a heliocentric chart for the times that the Moon, Earth, and Sun are in exact aspect. Unless there are other overshadowing influences, trines (120°) and conjunctions will be up, squares will be down, oppositions will be somewhat up, and sextiles can be either direction.

Most financial astrologers will tell you that oppositions (Full Moons) will sent the market down, but my experience does not verify this. Apparently, the momentum of being between two trines will carry the opposition along. If the next aspect following a sextile is a conjunction, the sextile is likely to correlate with an upward movement. But if the aspect following a sextile is a square, the sextile is likely to be accompanied by a downward-moving market. 

Another lunar cycle concerns the elements. The market tends to move up whenever the Moon is in an Air [Gemini, Libra, Aquarius] or Fire sign [Aries, Leo, Sagittarius] and to move downward whenever the Moon is in an Earth [Taurus, Virgo, Capricorn] or Water sign [Cancer, Scorpio, Pisces]. Other recent experiments have attempted to be the Moon's velocity and the angular rates of positive acceleration or negative acceleration to the market. These have been inconclusive. 

 
References:
Carol S. Mull (1988) - Short-Term Market Forecasting via Astrology. In: Traders World, #4903, Issue #3.
Carol S. Mull (1989) - Mercury and the Dow. In: Traders World, #4915, Issue #15.
 
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