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I am an astronomer (Ph.D..). I can tell you there is virtually no PHYSICAL
relation between planetary motion, etc. and human behavior. Having said that,
I add that these same aspects can influence peoples BELIEFS and thus
influence their behavior. Many people read the horoscope in the newspaper
every morning, and act accordingly. Is it the material in the horoscope, or
the belief of the person that affects behavior? In the market, does it
matter? As long as a large number of people believe it's true, it becomes
so. Remember, the markets have much more to do with psychology than with
physical science. (The only slight exception to all this may be in the
agricultural futures markets where there may be a seasonal relationship
between sunspot cycles and severity of seasons.)
Good trading,
Peter Perry
Harold Gibbs wrote:
> At the risk of causing some controversy, I just have to post this
> question!
>
> There has recently been a lot of stuff on RT regarding astrology. Can
> anyone give me any reasonable picture of a plausible causal link between
> the motions of stars that are thousands of light years away and the
> movements of the stock markets? Why are non-visible astronomical objects
> ignored? Remember, as any undergrad statistics student knows, that
> correlation does not equal proof. Talking of "proof" - aren't there too
> many possible combinations of astological variables leading to "curve
> fitting"? How do you back test "financial astrology"?
>
> At least with fundamental or technical analysis there are some
> plausible links that can be made - eg: the fear/greed factor.
>
> In the absence of any plausible arguement for financial astrology, I find
> it strange that so many people think there is something in it!
>
> Harold
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