Wednesday, September 9, 2009

Triple Witching,Triple 9.

Have special plans this 09/09/09?
Sept. 9 also happens to be the 252nd day of the year (2 + 5 +2)...
In some cultures, the number 9 is special and can carry good or bad omens.
Historically, ancient Chinese emperors associated themselves closely with the number nine, which appeared prominently in architecture and royal dress, often in the form of nine fearsome dragons. The imperial dynasties were so convinced of the power of the number nine that the palace complex at Beijing's Forbidden City is rumored to have been built with 9,999 rooms.
The number 9 is present in many Chinese myths. The Chinese Netherworld supposedly has nine rivers in a nine-headed dragon. Also, ancient Chinese believed that the sky consisted of nine parts, the earth had nine separate countries, and each of those countries had nine mountain ranges
Japanese emperors would have never worn a robe with nine dragons, however.
In Japanese, the word for nine is a homophone for the word for suffering, so the number is considered highly unlucky – second only to four, which sounds like death.
Many Japanese will go so far as to avoid room numbers including nine at hotels or hospitals.
Important Buddhist rituals usually involve nine monks.In Thailand,the Thai people are very superstitious. Odd number are supposed to be lucky numbers. Lottery tickets with odd numbers are likely appreciated. The number "9" is supposed to bring good luck. In Thai language number "nine" is closed to the word, ข้าว or "KHAO" means "rice". เก้า or "KAO" means "nine". เข้า or "KHAO" means "to enter".
Garlands ("DOOK MALAI" - ดอกมาลัย) are supposed to bring luck. Garlands can be found everywhere in Thailand. Every driver has got a garland in his car in order to avoid misfortune.
According to Indian scriptures, letter 9 corresponds to Lord Brahma (the creator of universe).In Hindu mythology, the 9 major celestial bodies are personified as the Navagraha, one of whom (the moon) is named "Chandra".
Also in Hindu mythology, Vishnu, considered the supreme being by many, has had 9 avatars (incarnations). A tenth avatar is predicted.
The Hindu festival Navratri lasts nine days.
There are both nine circles of Hell and nine spheres of Heaven in Dante's Inferno.
The biblical significance of the number 9 is judgement or finality.
The Asian magic square (think of Sudoku) is one in which each number 1 through 9 is used only once.
Kowloon means Nine Dragons, a name that supposedly relates to the range of eight hills snaking around the north of the peninsula – the ninth dragon is in reverence to the emperor himself.
Astrologically, on 9-9-09 Saturn is transiting from one zodiac to another thereby making this date a very significant one for all people.
Tracking the Dow,Tuesday,08/09/09.(8 market days to Triple Witching)
Nikkei Futures Expiry:11/09/09
Asian Futures Expiry:30/09/09

9:30am:--Bullish gap-up near 60.0 points.
The head of the International Monetary Fund said that a recovery by the world economy might occur at the beginning of next year.
10:30am:--Opening gap being filled at bear support.
Gold prices are up 1.1% to $1,006.50 per ounce.Crude oil futures prices are up 4.4% to $71.00 per barrel.
11:30am:--Retracement to near high being halted by graveyard doji.
The mood is positive among traders that are back at their desks following a Labor Day vacation.
12:30noon:--A pullback to the MAV holding below it.
The interest among commodities was due the weaker greenback.
1:30pm:--Support at the Bear Pivot with bullish engulfing.
AIG (AIG 36.78, -3.27) is down considerably as investors push back after watching the stock surge in recent sessions and also hit by a downgrade from analysts at Credit Suisse.
2:30pm:--Bulls have forced through the MAV barrier.
3:30pm:--A pullback to the MAV was checked by a morning star.
4:00pm:--Harami bulls holding at near day's high.
The Dow is now a dragonfly doji.The upper shadow will be formed into a bullish marubozu.
A weekend pledge by the world's 20 biggest economies to support the global recovery with stimulus efforts also helped keep the market's tone positive.
Theme play today:Merger & Acqusition.
Kraft Foods Inc (NYSE:KFT), North America's biggest food company, pursuing Britain's Cadbury (LSE:CBRY.L) despite the confectionary company's rejection of a $16.7 billion Kraft bid made on Monday.