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Finally some decent Bobo cope based on astrology:
>Historically, various capital markets have exhibited unusual volatility during the period
centered around September 21-22.
>In fact, unlike most solar calendar based “cycle” dates which are man made constructs such as the well known “January Effect” or the “Year end rally” or the “Sell in May and go away” idea, or the “Off-presidential year bottom cycle” etc, the “September
21-22 WD Gann date” is based on natural phenomena, as are the “Montgomery Cycle Dates”.
>This year, what may prove to be the most important Federal Reserve Open Market Committee
meeting of our lifetime, occurred on September 17 and 18. Most often, the September 21-22
cycle generates the start of accelerated downside action.
> Looking back in history, we find the Gould-Fiske Gold Corner panic top for gold on September
21,1869.
> On September 21, 1873, the New York Stock Exchange temporarily closed its doors due to a
banking panic.
> The Dow peaked on September 19, 1902, churned for 121 days gaining just +1.16%, then
declined -37.65%.
>In 1906 the Dow peaked on September 19, tested its high on October 11 (+0.61%), then
declined -45%.
> The Dow Utilities, a leading stock group in the 1920’s, was the last index to peak before the great 1929 crash. It peaked on September 21, 1929.
>The British Pound devalued -28% overnight on September 21, 1931.
>From its September 17, 1941 high, the S&P declined -28.65% to the April 1942 low.
> The S&P peaked on September 21, 1976, then declined -19.41% to its next low.
> Gold peaked on September 23,1980, then declined -58.32% in 2 years.
> Silver peaked on September 24, 1980, then declined -65.81% in 2 years.
>Most Oil stocks, a leading group in the 1970’s, peaked on September 22, 1980.
>Silver peaked on September 14, 1981, then declined -58.07% in 1 year.
>Gold peaked on September 21, 1981, then declined -36.26% in 1 year.
