1000 point days and super moons…

Posted on Feb 11, 2018 by in Letters


Of all the reasons advanced for the recent sell-off, the pundits have failed to mention  the super moon which maxed out the 31st.  As good an explanation as any and better than most.  To waste time trying to explain the mini-crash is to take your eye off the ball.  Instead let us analyze how we are going to get the ball out of the rough.  Friday's 1000 point range can offer some clues.  The shape of the candle is interpreted as a "hammer"  as in, the market is hammering out a bottom.

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