Friday, January 29, 2010

An argument for Financial Astrology

There are many charlatans, fake and superficial people who profess to practice Financial astrology but their studies and analysis is not necessarily verified or really authentic but there are some good and really knowledgable masters who do know what they are talking about. Their hints, indications and at times cryptic messages can mean a lot for the interested parties. I have been studying astrology since I was a kid and it is more than 30 years that astrology has helped me not only knowing myself but people around me, the world around me, my own past, present and future and of course the various markets I have consulted, traded and worked in. CAN WE REALLY BLINDLY trust an astrologer or what he is saying? The trust and faith only occurs when we do interpret the sayings of an astrologer correctly for our benefit. I have seen that even after knowing some predictions quite in advance, people still can lose money simply for lack of knowledge of technical or fundamental foreground knowledge or simply for poor execution.

It is not an astrologer who can misguide anyone but it is the reader who must know how to use the provided information.

Does it really work?
It does and that is why the famous saying popular in the 4 hottest capital markets, goes : Millionaires do not employ Astrologers but the Billionaires yes they do...

If you really are informed you may note that most big crashes of the markets had been predicted much in advance but most people or the crowd usually do not heed such things as these are rejected as nonsense. But the serious few who are serious to make money on day to day basis as professionals or who are open minded in all respects not only follow astrology but any other discipline that helps them achieve their goal.

Financial astrology (also known as business astrology, economic astrology, and or astro-economics) is the practice of relating the movements of celestial bodies to events in financial markets. The use of astrology in financial markets is not consistent with standard economic or financial theory, but might be considered heterodox economics. The scientific community considers astrology to be a pseudoscience.

Financial astrology is sometimes applied in the following ways:

+ Predicting major economic trends as they relate to certain cycles, specifically on the cycles of outer planets
+ Helping an investor find the best industry to be in for a particular period of time based on major planetary configurations
+ Identifying the best stocks to own during a particular time period
+ Identifying the best date and time to buy or sell a stock, asset or market
+ Correlating the Astrological aspect to the movement of stock market in day trading.
+ The practice carries the implicit "belief" that astrology is valid and influences human behavior. Although astrology is generally regarded in mainstream Western thought as having no logical basis, advocates of the efficient market hypothesis would also make the same claim with respect to most forms of technical analysis.

Evangeline Adams was one well known practitioner of financial astrology. In 1929 she predicted that the stock market would continue to rise in price. On Labor Day, September 2, she told a reporter for radio station WJZ that "the Dow Jones could climb to heaven." The next day the Dow Jones reached a record high that was not reached again until November 1954

And who on the Wall Street hired the noted astrologer Evangeline Adams? None other than J.P. Morgan. You may not know but some of the top Fund managers and other people related to capital markets do consult with a few astrologers.

WD Gann had said that Astrology was the natural law in the markets.
William Delbert Gann (6 June, 1878 – 14 June, 1955 - also known as W. D. Gann), was a finance trader who developed the technical analysis tool known as Gann angles. Gann market forecasting methods are based on geometry, astrology, and ancient mathematics.
Opinions are sharply divided on the value and relevance of his work. Gann wrote a number of books on trading that continue to help people who have some depth in this science.

L.J. Jensen, one of the founding fathers of BUSINESS WEEK, Now Bloomberg BusinessWeek, was a noted astrologer.
I can name many big names here and many noted astrologers and their amazing works, to which they dedicated their lives.

Financial astrologers who understand the markets have big customers in Hong Kong, Mumbai, Shanghai and few other top Asian markets.

More coming..

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