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Couldn't help but jump in here with my two cents about the validity of
beliefs.
I think it has been demonstrated that beliefs do not necessarily need to
be valid in order to be useful. For example, many have pointed to Carl
Jung's
writings on astrology as a valid basis for that belief system. Jung gave
natal
astrology charts to some of his patients to work with in an effort to get
to
know themselves. Whether or not he "believed in astrology" is irrelevent
for
the purposes of that being a useful tool for his patients road to self
discovery.
The same can be said for financial astrology; and I am not disputing the
logic
that the interaction of the earth, sun and moon can influence the water in
our
brains just as it does the tides. There is also some empherical data to
back
up these ideas ala that more crime is committed during full moons, more
hemoraging (sp) during surgeries, etc. But that's not the issue. If
getting
out that emhemeris and looking at correlations gives a trader that extra
confidence he needs to pull the trigger on a trade that is going to be a
winner
because of all other previously assimilated information; then it is useful.
In this case it's not the validity of financial astrology what is
important; only
the belief of the trader in its efficacy.
Charles.
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