Lunar behavior specialist Jeff Warren says there may be a correlation between the phases of the October moon and stock market activity.
He says the epic October stock market crashes of 1929, 1987, and 1989 all occurred during the waning moon, about three or four days before the new moon.
The pattern may mean that October is a bad month to invest in stocks, further evidenced by the recent October 2008 crashes.
Warren says the moons phases cause a lunar and seasonal shakeout, that lasts several days.
However, the tide will eventually turn.
Warren himself is testing out the stock market again on the close of Friday (Oct. 24) because by then the new moon will be here and, as he puts it, The worst of it will be over.
The market should be good for about two weeks after that, since the moon will be in its waxing period.
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