17 Planets In A Row: Beware August 10-12!
Posted by commoditywatch on July 14th, 2010
Larry Pesavento , pattern recognition expert , who uses astrological patterns to great effect when trading, is back.
Despite the recent rally, Larry sees BIG trouble ahead for the stock market.
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July 16th, 2010 at 1:10 pm
Please go to http://astral-guide.blogspot.com for a detailed prognosis of the world events that are to come. It includes some market forecast too.
July 22nd, 2010 at 1:38 am
Friz: So, a low will develop from August 10 to the 12th. Pesavento: Right. But if the S & P goes above 1105, the market will go up.
Translation: The market should go down, but if it goes up, it will go up.
Analysis: 17 planets? I thought we only had 9 in our solar system. Last prediction had us bears short after June 7 only to get caught in a manipulated rally. No way am I short August 10; it will probably be the start of a short-covering rally with Pes and his lodge in a back room laughing at us.
July 23rd, 2010 at 1:45 am
Taking this with a grain of salt the size of a horse’s salt lick! But I hope he’s right.
July 26th, 2010 at 2:34 pm
Now I can see why Larry calls this a “222″ pattern, because that’s how much my trading account is going to be worth after following his horrible top calls.
S&P 1105 was blown out today, or hasn’t anyone noticed? Dominic, you might want to find another blowhard trading guru to pump on your site.
July 27th, 2010 at 8:56 am
D Bizzle says the S&P 1105 was blown out, could this be a head-fake?….time will tell.
Everyone knows that the couple of days either side of full and new moon need to be watched, but with Larry’s “17″ planets lining up maybe a bigger window is called for. While the 200day MA is being toyed with anything could happen.
If nothing dramatic takes place between now and a few days after Larry’s date then I think we should ask Dominic what planet Larry lives on.
August 1st, 2010 at 10:39 pm
Taking this with a grain of salt the size of a horse’s salt lick! But I hope he’s right.
August 6th, 2010 at 12:13 am
Larry does not mean to say 17 planets literally. It means the multiple planetary conjunctions where by two planets are meeting at a certain degree. A layman is bound to take his words literally which will not do justice to his analysis. Astrologers do not speak like an analyst.
They give hints in a figurative language which must be properly translated as per one’s knowledge.
Astral Guide has published some of his forecasts for August 2010 at http://astral-guide.blogspot.com which possibly confirm what Larry is trying communicate. Thank you for reading.