Operation Friday the 13th.Operation Friday the 13th.
Why did I pick today to add another 10K shares to my portfolio?
It struck me that on the week before Christmas 2004 the Radius exhibited the same behavior as the week before Christmas 2003. In fact in many instances the prices were exactly the same, the hourly oscillations could be superimposed on each other without showing a difference.
It seemed remarkable how similar the December 2003 plunge looks to the December 2004 plunge.
The low point for 2004 was the Friday nearest the 13th of May 2004 and it seemed reasonable to me that the low point this year would be (May) Friday the 13th. The whole thing looks a little like a brasier. Last year the final plunge started on April fools day, this year, it started two weeks early. Last year it exploded Sept. 1 thru Thanksgiving. The pattern would imply that this year the exposition will again start Sept. 1 and peak at Thanksgiving.
Last year warrants expired on at the low point day. This year warrants also expired today Friday the 13th. I am surprised that they didn’t do nearly as much damage this year as last.
Why are we so glum? The down spike is not nearly as bad as it was at this time last year.
https://stockcharts.com/def/servlet/SC.web?c=RDU.V,uu[l,a]dacayyay[de][pb!b][vc60][iUb14!La12,26,9]&pref=G
RJ