It is not an exact Science. Many Technical analists and Chartists firmly believe in its application. Look at the Definition of what it is and then take a look at that article again.

What I was pointing out is previous Market Pull Backs of 10 to 15% have occured within a timeframe of multiple "HO'S" coupled with a Full Moon.

There was a study performed that was pretty accurate with that Model and Significant >10% Pullbacks.

It really says Be on your toes....I got out and am waiting to see what happens. I think we will return and retest the March 2009 Low.


Regards

Sunny:>