January 6th, 2011
Thankfully, if you’re a bull, the moon just can’t get those Waxing phases with a 50% correct call as the market grew 2.44% when it should have been declining …. according to the theory. Since we’ve been lucky enough to be in a bull market, the Waning phase is holding its own with 10 out 12 hits (an 83.3% accuracy). Since I began tracking in July 2009, the lunar hit rate has been 68.4%. (click on image to enlarge):
Having a very positive view of the outlook for 2011 so I hope we won’t have an opportunity to test the Waxing phase during a declining market.