Originally posted on March 21, 2008 at argmaur.blogspot.com
The soothsayer told Caesar the same thing I tell fellow investors: “Beware the Ides of March!” It’s actually a good time for me, because I know that it’s when commodities prices correct from a previous new high. It also signals that an excellent buying opportunity is imminent.
This year’s Ides of March was a Saturday, but commodities and most of the market took a huge tumble on March 13th and 14th. This week, the markets jumped back up in some of the largest single-day increases in decades.
Today also marks a full moon, which affects market sentiment. Coincidentally, gains are highest prior to a full moon.
You have to realize that the Cosmos impact investing cycles (technical analysis charts show you these trends). Today begins the Spring Equinox as we have a new position in relation to the sun, signifying rebirth and renewal. Mars, also a symbol of birth and fertility can be seen relatively close to our full moon. These changes in cosmic activity at one time undoubtedly affect everything on earth at a subatomic level. The investors and the markets are no different.
Commodities did not see big gains before the full moon. But, as coincidence would have it, this year commodities corrected before Good Friday (the death) and will rebound after Easter Sunday (the rebirth). News of the commodities bust was plastered on all the major news sources. But in the next few weeks, you’ll see commodities prices rise steadily. Inflation just got a boost from the Fed this week and commodities can only go higher.
If you compared each year’s gold price since 2001, you’d see that buying after mid-March is the safest time to buy (http://66.38.218.33/scripts/hist_charts/yearly_graphs.plx). It’s safe because January – March is always a volatile time and it’s tough to predict a top and bottom. One thing is certain, in a commodities bull market, appreciation comes soon after the Ides of March and as soon as commodities prices start to trend upwards, prepare for an entry strategy.
0 Responses to “Beware the Ides of March”