Happy new year to all our readers.
2011 has been a good year for our lunar phases approach.
In the lunar Green Periods there was a 110 point profit, while the lunar Red Periods generated a cumulative 187 point loss in the Nasdaq Composite index.
So, an investor going long in the Green Periods and short in the Red Periods would have enjoyed a 297 points profit last year. That’s about 11% in a year when the markets were flat and most funds lost money.
See our performance page for full details.
Knowing these cycles is a simple tool that can help you achieve better investment returns, without sitting in front of a trading monitor every day.
Check it out on our main website: http://LunaticTrader.com
Let’s have a look at the situation going into the new year.
Here is the current chart for the S&P 500 Index (click for larger image):
As we mentioned last week, the market is probably setting up for a move to the upside. The current lunar Red Period is not creating much downside action so far. If it stays like that then look for the market to rally higher by the middle of this month. Keep a stop loss near 1220, any drop below that level would signal a break down.
Stay tuned for our new annual forecasts, which we hope to finish and announce this week.
Be well,
Danny
Danny, Again this is little late but let me wish you A very Happy, prosperous Happy newyear and again thanks for sharing your great work on the site and let us all enjoy your great work. so again when you announce will you please tell us whether you will change any in your trading portfolio also and see when you can expect to get most gain please.
thank you
vickv