Market Action and Reaction

Newton's Third Law of Motion states that "for everyweather variables in a multidimensional study in which
action, there is an equal and opposite reaction."Such24 male university students filled out a mood
'action' can be by direct contact, such as from friction,questionnaire over 11 consecutive days. The mood
tension or applied forces. Then you have such 'actions'variables included concentration, cooperation, anxiety,
as a result of gravity, electrical and magnetic.Forcespotency, aggression, depression, sleepiness, skepticism,
come in pairs. For every action, there is oppositecontrol, and optimism. The weather variables included
reaction. The size of the reaction is equal to the sizehours of sunshine, precipitation, temperature, wind
of the action. Nature is filled with such evidences ofdirection, wind velocity, humidity, change in barometric
this law. For example, when a bird flies it uses its wingspressure, and absolute barometric pressure. Humidity,
to push air downwards. As a result, the air reacts bytemperature, and hours of sunshine had the greatest
pushing the bird upwards. The size of the force on theeffect on mood. High levels of humidity lowered
air equals the size of the force on the bird. Thescores on concentration while increasing reports of
direction of the force on the air is opposite the directionsleepiness. Rising temperatures lowered anxiety and
of the force on the bird (upwards).Therefore, we mustskepticism mood scores. Humidity was the most
reason that when a futures, commodity or forexsignificant predictor in regression and canonical
market moves up or down, it does so because ancorrelation analysis."We know that the weather can
opposite action preceded it. The question is, whataffect how we feel, or mood. And we know that this
action or actions is responsible for causing the marketsin turn can affect our desires and emotions. The
to 'react' in an opposite manner?To find the answers,effects of the weather or the news, as well as our
we must work our way backwards from the event.accumulated experiences over time affect our
For example, if the event is rising prices in Soybeans,perceptions. And our perceptions of value
we must determine what chain of events may haveaccompanied by our emotions affects our buying and
led to that rise.The first thing that comes to mind is thatselling decisions.Therefore, we must ask this final
buyers were willing to buy at higher and higher prices.question. Is there anything that affects the
Many make the mistake of assuming that there wereweather?And once again, we know the answer to be
more buyers than sellers. This would not be a correct'yes'. I took the following notes from an encyclopedia
statement. While you certainly can have one sellerunder the subject "weather"."Weather is an
selling to multiple buyers, you can also have multipleall-encompassing term used to describe all of the
sellers selling to one buyer that would cause risingmany and varied phenomena that can occur in the
prices. So it is not the number of buyers to sellers thatatmosphere of a planet.""Weather phenomena result
cause price to rise. Rather, it is the willingness offrom temperature differences around the globe, which
buyers to accept higher and higher asking prices fromarise mainly because areas closer to the tropics,
the sellers.Therefore, in stepping backwards toaround the equator, receive more energy from the
determine what leads to higher prices, we start withSun than more northern and southern regions, nearer
the "the willingness of buyers to pay higher askingto the Earth's poles.""Because the Earth's axis is tilted
prices."Now we must consider this understanding and(not perpendicular to its orbital plane), sunlight is incident
ask our next question. Why would buyers be willing toat different angles at different times of the year. In
pay higher asking prices?The obvious answer here is:June the Northern Hemisphere is tilted towards the sun,
Buyer Perception.Consider the example of buying aso at any given Northern Hemisphere latitude sunlight
car. You go out to buy a car and you want the bestfalls more directly on that spot than in December. This
deal you can find. There are others doing the sameeffect causes seasons."Note what is being referenced
thing you are. You come upon a car that you feel ishere. We have the "sun" and the rotation/tilt of the
worth the asking price. This is because you perceiveearth. A reference is made of "seasons", which is a
its value is in line with what the seller wants for it.direct result of the relationship between the earth and
Before you came upon this car, other buyers stoppedsun. What about the closest satellite to earth...the
to look at the car but did not buy it. Why not, if youmoon?Well, we all know that the moon affects the
feel that it is worth the money asked by the seller?Theocean tides. So we know that is does have some
reason is 'buyer perception'. The previous potentialinfluence over certain aspects of this planet. And there
buyers did not buy the vehicle because they perceivedis also some mention that the moon may have some
it was not worth it for them at the asking price. Ofaffect on plant life. Note these findings."Practical
course, they may feel that the asking price is fair, buteconomic use of the lunar cycle has been going on for
they didn't like the color or the make. Yet, thosea long time. In tropical rain forest countries in South
potential buyers may have bought the car anywayAmerica and Southeast Asia, where most of the
had the price been much lower. For those potentialworld's hardwood comes from, tree-harvesting
buyers that did not buy, there may be a price thatcontracts are linked to the phase of the moon. The
would turn them into buyers.Suppose you had tentrees are only cut down on a waning moon, as near to
potential car buyers out looking at the same car. Atthe new moon as feasible. This is because on a
the current asking price, perhaps only one of the tenwaxing or full moon, the sap rises in the trees and
feels it is worth buying at the asking price and wouldextensive sap bleeding attracts hordes of deathwatch
buy it. As you keep lowering the price, however, morebeetles, which will devastate a crop. Awareness of
and more may then consider it a good buy and wantthis cycle means the difference between making or
to buy it. As you get closer and closer to free, you getlosing millions of dollars every year."Does the moon
to a point where almost all the buyers are ready toalso affect people? Consider this finding."At the
purchase. It is all a matter of perception, the perceptionUniversity of Miami, psychologist Arnold Lieber and his
of value.Okay, now let's work back from there andcolleagues decided to test the old belief of full-moon
ask the next question. What may affect a buyers"lunacy" which most scientists had written off as an
perception of price?Perception is a mental function.old wives' tale. The researchers collected data on
Therefore, we must address the 'mental', thehomicide in Dade County (Miami) over a period of 15
'psychological' angle of buying.When we consider theyears - 1,887 murders, to be exact. When they
psychological aspect, we must consider the 'emotional'matched the incidence of homicide with the phases of
aspect as well.A person buys a commodity contractthe moon, they found, much to their surprise, that the
or stock because that person perceives that it eithertwo rose and fell together, almost infallibly, for the
has or will have greater value later on.. So the buyer,entire 15 years! As the full or the new moon
not wanting to miss the opportunity for gains, willapproached, the murder rate rose sharply; it distinctly
immediately buy. This may be motivated by fear ofdeclined during the first and last quarters of the
losing out, or it can be motivated by greed for more.moon.""To find out whether this was just a statistical
Also, it can motivated by an attachment for thefluke, the researchers repeated the experiment using
product itself. Even if the person can address themurder data from Cuyahoga County in Ohio
purchase with all the control of emotions that is(Cleveland). Again, the statistics showed that more
humanly possible, there will always be a 'desire' thatmurders do indeed occur at the full and new
the purchase will eventually reap rewards. 'Desire' is anmoons."We have now gone from the actual buying
emotion.So then, what may affect our emotions andand selling of stocks and commodities back to what
desires that lead us to perceive that the market willwe can see is an influence from weather, which is
move higher so that we should buy?Our mentalinfluenced by the relationship of the earth, sun and
perception is mostly affected by information. Thismoon. Now here is something that you should consider
information can be recent, and it can also beabout these chains of events:Notice that the sun/earth
accumulative over time, such as what we call ourrelationship produces weather 'cycles'. It produces also
'experiences'.Information comes to us from manywhat we call the seasons. And we all know what
directions. We may be reacting to what the weather isaffect weather and the seasons have on our
or will be if we want to trade grains, for example. Orcommodities and those financial instruments that are
the weather itself may simply affect how we 'feel' atdirectly and indirectly tied to it.And we also noted again
the moment, affecting our buying decision.Just as if athe reference to 'cycles' when dealing with the moon's
drought in Florida or other major orange growing areasaffect on the earth and its population. When you
may cause us to feel that the price of orange juice isconsider the mentioning of these 'cycles', reflect on
going to rise fast, resulting in a decision to buy now,what you have noticed over and over again on your
sunny days can affect our mood and make us feelmarket price charts. You see prices moving up then
more optimistic about buying. There is plenty ofdown then up then down, over and over again. What
scientific evidence to point out that weather doesyou are seeing are the effects of 'cycles'. As a matter
have a direct affect on how we feel about ourselvesof fact, by applying some simple oscillators such as the
and other things.The same can be said about variousStochastic or moving averages, you can often see
news reports. These can affect our mood as well asthese cycles more clearly.And just as we've worked
our perception, resulting in a desire to buy a particularour way back to find that there is not just once
market contract or stock. An interesting considerationsource, but perhaps several sources of initial effects
is that much of the news we get is about somethingthat lead down the chain to our decisions to buy or sell,
that is affected by either the weather or the mood ofthese multiple effects (cycles) combine resulting in the
a person or persons. For example, weather is oftendistorted cycle patterns we see on price charts.It is
part of the news with droughts, floods, storms andhoped that by working back from the actual buying
much more. But consider the reports on crime and warand selling to the effects that may lead to those final
(psychological, mood, desire, greed, fear). If youactions, you get a better understanding of the inner
remove weather and all aspects of emotion from theworkings of market price action.And as meteorologists
equation of news, you simply would have no news athave made great leaps in forecasting the weather by
all.Now we must ask the next question. Is thereunderstanding the inner workings of weather, the
anything that can be traced back from weather andmarket trader can also reach a point of making highly
mass psychology (moods)?Interesting, the answer isaccurate forecasts of market behavior, enough so as
yes. In researching the subject of weather and humanto be able to increase ones odds of getting on the
psychology, I was able to dig up the following tidbits ofright side of most trades.Learn more on how to lower
information that I think you will find quiteyour risk and increase your profit potential with other
enlightening.British Journal of Psychology. Vol 75(1), Febfree articles found at our Precision Timing of the
1984, 15-23."10 mood variables were related to 8Futures, Commodity and Forex Markets site.