Larry Pesavento, the pattern recognition expert , who uses astrological patterns to great effect when trading, is back. After his amazing call seeing April 25-26 as a major turn day, he sees big trouble ahead, starting around June 2nd.
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Larry Pesavento is a 45 year veteran trader. He began his career trading full time in 1967 while in graduate school getting an MBA in Finance following a BS in Pharmacy. He managed the commodities department of Drexel Burnham Lambert in Southern California from 1976 to 1981. In 1982 he became a member of the Chicago Mercantile Exchange where was a local in the S&Ps currency pits. Following this he worked for a commodity corporation in Princeton New Jersey from 1985 to 1986 and in 1987 he wrote Astro Cycles The Traders Viewpoint and published a newsletter Astro Cycles until 1995. Currently he resides in Tucson Arizona and has spent the last decade working on artificial intelligence i.e. Neural networks and genetic algorithms,using this technology to develop an auto trading system. He has one of the most extensive libraries on the subject of technical analysis and has trained over 1000 traders using the pattern recognition swing trading methodology described in his books. Over the past 25 years he has written 10 books on trading.