LunaticTrader

Investing with the Moon

January10-FirstWeeks

Posted by Danny on January 11, 2010

Stocks have started the year with an upward bias.
This week we are still in the positive New Moon period.
So we could easily see higher prices, but some kind of top is getting more likely.

Early Tuesday we get an extreme in the Lunar declination cycle.
New Moon comes on early Friday.
Moon apogee will happen late on Saturday.

I would use higher prices to take profits near the end of this week, or even initiate some short positions.
As the next weeks will be approaching Full Moon, generally bringing more nervousness and selling pressure.

Stay tuned, Danny

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