Crocodile
- 19 Oct 2003 21:09
I really am the biggest sceptic alive but also I am opened minded. If you trade using buy & sell signals derived from this source I would love to read your views on the subject!
D,
Gausie
- 24 Oct 2003 20:23
- 18 of 21
zzaxx - Hmmmm.
Would you mind a churlish response? something like:
"An interesting one. One of my staff has his Phd in some obscure branch of astronomy or cosmology. He claims that the earth and moon are widely accepted to be a bi-planetary system, which apparently meens that the moon is, in fact, a planet."?
Gausie
Crocodile
- 24 Oct 2003 20:49
- 19 of 21
Certainly the Jovian system could be viewed as an independant family. Especially as Jupiter is classed as a proto star which emits more heat than it absorbs.
hrothgar
- 25 Oct 2003 13:32
- 20 of 21
Astrology and financial markets make uneasy bedfellows - there is a chap called Michel Gauquelin who did an unbelievable amount of research into astrology. In the days before computers, he drew thousands of charts by hand and it was his life's project, as he was a sceptic himself but his father was an astrologer. His conclusion was that the chances of astrology NOT working were less than 100,000 to 1, HOWEVER, there are numerous caveats. Firstly, most people's understanding of astrology is an utter nonsense, and dates back to the 1920's when a newspaper started to run a column about sun signs. From there, sun sign astrology became populist and is now justifiably denigrated. In order to assess a person's chart you need the EXACT time and place of birth. There are three main components to an astrological chart - the sun sign, moon sign and the rising sign, or ascendant. Any analysis without looking at all three components is dumb. Secondly, the predictive powers of astrology have been wildly overplayed. It is exactly like looking at a share price chart - you can see patterns and form probabilities, but the less info you have, the more likely you are to be wrong. Thirdly, Gauquelin's conclusions were that a number of astrological concepts are basically mumbo-jumbo, and astrologers have run away with themselves and embellished the fundamental principles.
So you would need to be remarkably talented to understand both astrology and the markets enough to use astrology constructively enough to profit from it. It is possible but I imagine there are only a few people in the world who can do it. The amount of knowledge required would be akin to asking someone who is a weekend mechanic to design a record-breaking car.
So although I am a total believer in astrology and am certain that it 'works', I am myself sceptical about financial astrology except for a few exceptionally talented people. Astrology is a brilliant tool for understanding people and their motivations and desires, their inner self - but foreseeing market movements - do me a favour!
zzaxx99
- 25 Oct 2003 16:32
- 21 of 21
Anyone interested in the application of astrology, Gann theories and similar techniques to the markets, might like to look at
Traders World, which I discovered this morning.
They publish a magazine of the same name, which is available from Borders. Extremely poorly laid out, FWIW - even worse than [i]Shares[/i] comic, though catering for a different audience