Is this just a momentary bottom to the market slide or is this a solid bottom to the Bear Market.
What caused the Stock markets to start this week with one of the best daily increases after one of the worst weeks in history?
On Monday September 24, 2001 The Dow industrials rose more than 4%, the Nasdaq composite more than 5%, the S&P 500 gained close to 4%Ö
Why after such a negative week with so much negative sentiment did the Markets increase so much today? Is it because the company share buy back program was extended to this week? Are the Markets Oversold? Have the Margin calls had an effect?
Although our monthly system forecasted some upward movement this week, these gains are much more than expected.
The change in behaviour from caution and fear to greed was most likely brought on from a massive geomagnetic storm that increases positive ion ratios. Positive Ions correlate with increasing stock market indexes. We cannot forecast these storms, as they are random events.
Electron chart For Sept 22-24, 2001 showing geomagnetic storm intensity
Note Mondays U.S. Markets were trading while the Electron flux was off the scale. Markets trend upward with high positive ion ratios in the atmosphere as positive ions have this behavioral effect on people.
For comparison a balanced electron flux can be seen in the chart below from Sept. 5-8, 2001
Real-time electron flux charts are found here http://superforce.com/RealTime/Index.htm or you can use the "Real Time" button on the menu on the home page. These charts should only be referred to during extreme times as the electron flux usually has little influence on the markets.
Update 7:45 P.M. the NOAA reports: Sept 24, 2001 -- A solar energetic proton event is contaminating the ACE SWEPAM instrument data. As a result the solar wind density, speed, and temperature values being reported by SEC are incorrect. The contamination began at 1602 UTC on 24 Sept and is expected to continue into Sept 25th.
Note these charts on this page do not originate with the ACE satellite.
The Proton Flux below displays the positive charged particles. So while we had decreasing negative ions (Electron Flux) we had increasing positive ions (Proton Flux) at the same time creating extreme high positive ion ratios.
Conclusion, donít believe the excuses and rumours by the analysts for this apparent turnaround. It is caused by something they don't yet understand.
Sincerely,Guy Cramer, President
Dynamics Corp. www.superforce.com
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