monday trading , page-17

Things are interesting.

New cash highs today.

SPI high was last Tuesday and Dow high was last Monday.

So we have highs from Oct 1 to 8 at the moment.

Anything past tonight would be stretching things although Thursday is a new moon and that is when the highs were in '87 and '97 and countless other times.

Actually, '97 is more than a little interesting, because it had an early July high on the new moon, followed by a good down move and then new highs that topped in early October on the new moon (3 months/moons later) and then fell hard.

This year we topped in July on the new moon, had a sharp pullback, are making new highs, and the end of this weeks is a new moon at 3 months on.