Tuesday, January 22, 2013

Facebook

Interestingly, Facebook's IPO occurred when Jupiter was at S&P's 72° harmonic.

May 18, 2012, 11:30AM, NYC

5/18/2012: Facebook Natal

Jupiter is at 23Tau38'29".

This makes Facebook's harmonics nearly identical to the S&P and Copper.

16 comments:

  1. stockyard here;
    my math may be askew but I saw nothing of note on any 72degree point of FB...Oct 9...dec 20...give or take were nonevents...now on SPX were a bit of turns but major turn was inbetween with a 36 added to oct 9 getting nov 14 give or take and bottom was found nov 16..but we could play that game many ways I guess.

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    Replies
    1. The harmonic events I have for Oct 9 and Dec 20 were not significant enough to write posts on. Why did you expect turns for these dates?

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    2. going off your may 18 2012 date. I assumed that was FB birthday..maybe I was in err...any event I merely added 144 to 139(may18) which totalled oct 9 and add 72 more gets you dec 20.
      these are supposedly important points in FB cycle no??? that was my thinking any way.

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    3. Ok I see what you're doing. I think your math is right but I don't usually bother to track Earth harmonics because they don't tend to give big turns. I usually pay attention to Mars and beyond.

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  2. Guys there is a wedge forming from Sept 2012 to current and all price movements are in 3 wave patterns suggesting this is a correction up with an ABCDE. this is ripe to crash way below the 18 dollar low... CAUTION. Weekly stoch. overbought with a cross down.

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    Replies
    1. Not only in Facebook ... around 10 days left until the next Legatus Meeting. It would be too unbelievable if it marks again a top.

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    2. Everything seems for this event to be a top, the sentiment, charts, numerous blogs i visit....
      no matter what, i will be closing most of my longs and hold few months out of puts

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    3. AGoldhamster - There is a Nasdaq Mars cycle Feb 9.

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  3. Platy, what is your view of gold and silver now? Silver seems to be much stronger than gold in the overnight market. Do you think the top might be in now, since it has reversed now?

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    1. I see a 1-2 1-2 wave structure that should fall inline with my Stoch. topping out at the overbought daily levels. A turn down after that would be expected on my part.

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    2. Hi CM, I'm getting topping signals on gold but silver is not clear to me. I'm watching to see if gold breaks its trend channel.

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    3. http://tfaat.blogspot.ca/2013/01/silver.html

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  4. Gold miners are getting whacked today, they usually lead the price of gold......

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  5. Hi Platy, I'm new to your blog but been following for the last few months. Do you have an update on the miners.

    Thanks!

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    Replies
    1. Hi S1715, I don't do harmonics on the miners. Based on what I'm seeing with gold though, I'd stay clear unless you're looking for a short term bounce, which certainly seems due.

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