Charles Nenner on CNBC.
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Charles Nenner of Cycle Forecaster made another appearance on CNBC this morning. He brought along a couple of charts, including one of sunspot activity and the Dow Jones Industrial Average which shows a connection between increased sunspot activity and better market returns, the underlying theory being that magnetic fields thrown off from the sunspots influence human activity. This indicator suggests a stock market correction at the end of 2007 into 2008, then a market rise into 2013 (Yippie!). A second chart shows the relation between lumber and housing, and suggests the housing market will be weak into 2010.
While watching the sunspot part, I pondered the idea of using the sunspot indicator on a longer term basis, and then using the moon phase indicator for shorter term trades.