LunaticTrader

Investing with the Moon

Outlook 22 February

Posted by Danny on February 22, 2010

Stocks moved higher last week and so far giving no signs of a top.

We will have extreme lunar declination after the close today. So a swing high may be made today or on tomorrow’s open.
We are still in the Full Moon period, so weakness in stock prices remains in the cards.
If stocks hold up through this week, then it becomes increasingly likely that the rally will continue into the third week of March.

A cluster of lunar and planetary extremes is coming over next weekend, so stay tuned for our next update.

Cheers, Danny

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