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To Harold, et al,
I find it quite fascinating and frustrating that people perennially bash one
system in favour of another, usually with a minim of 40,000 gallons of
vitriol and little reason. One favours and argues convincingly for their myth
with the assurance of Heavenly Authority while simultaneously scoffing,
damning, and arguing pejoratively against the other.
I once laughed at astrology until I actually delved into it in an effort to
debunk it. Today it is a tool of great importance and is intuitively correct.
To those who are so damned sure of themselves that astrology has no merit, I
invite you to try it on the markets. It works. I must admit that much of
today's so-called personal astrology has more than its share of tripe, so
much so, that I would rather throw it out and distance myself from it
totally. Mundane and financial astrology are quite different, work very well,
and are far easier to employ and utilise profitably.
“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?”
And
“Remember, as any undergrad statistics student knows, that correlation does
not equal proof.”
It is not the stars but the planets and the luminaries Sun and Moon which has
our attention. Some astrologers pay attention to the stars but no reference
to their successful use has been seen by me in the literature nor
demonstrated in my practice. As to “a plausible causal link”, allow me this
quote lifted from David Williams’ digest on financial astrology
“Astro-Economics” and attributed to Stuart Chase:
“Prediction is the ultimate test of science.”
Does one need proof of a tool’s utility to make earnest and profitable work
of it? Or even complete understanding of it?
While work has gone on since Sir William Herschel’s paper in 1801 on the
correlation of the Sun and sunspots to economic and agricultural markets, no
real causative agent has been found. There have been and are theories
espoused about the electrical effect of the solar atmosphere on the Earth and
its atmosphere (weather). A RCA engineer, Nelson, in the 1950’s developed a
means to predict electro-magnetic storms in the earth’s ionosphere that
utilised the heliocentric positions of several of the planets. This research
resulted in a very accurate means to predict radio interference and brown-
and black-outs of electrical grids. Studies have been done that squarely
correlate planetary positions and cycles to periods of boom and bust, war and
peace, and scarcity and plenty. Planetary positions do have something to do
with weather of the Earth and the mental and emotional states of large
aggregates of people (prefer not to use the Marxist word, masses). Does
anyone know the mechanism? No.
It was Nelson’s work that first gave me a clue as to the validity of
astrology. Even so, I ask this question of myself, “Do I need to know the why
of it to be able to use it profitably?” My answer is “no”. Astrology is
empirically self-evident when applied to mundane and financial methods.
One misconception that ire’s the two poles of the science and religion
dichotomy and paradoxically allies them is the notion that “planets or stars
cause behaviors, characters, and so on to manifest in an individual or to
trigger or cause physical events. Science would tell us this is a non
sequitur and science would be right. Religion tells us that this would take
away Man’s free will or suborn God’s authority. The truth is that these
parties and most of us have, in fact, been bamboozled by the Alan Leo, Linda
Goodman, pop crowd and the Earth-muffin Armies. Sadly, most of what one sees
about astrology is Eau de Mierde. For serious work in Astrology, one has to
dig.
“At least with fundamental or technical analysis there are some plausible
links that can be made - eg: the fear/greed factor.”
This statement above prompted my response. The above statement is an opinion
of some apologist for technical analysis. Most of us have bought into this
vacuous statement. The price action alone is a measure of fear and greed and
therefore any measure derived from price also measures fear and greed.
. Technical analysis is a tremendous fallacy. Our doctorates here had to
defend themselves in their dissertations with precise logic and mathematics
is “a rigorous and precise language of thought”, yet people fall over
themselves to defend the huge, rolling non sequitur.
You cannot prove A with A. It does not follow. But Technical Analysis is holy
writ to most. This is very odd to me. With astrology, we have ten plus
little clocks spinning around us is precise, predictable paths. When the
proper study is applied, one can gain insight into market behavior. Astrology
works best where nature and mob behavior are operative. This means the
agricultural commodities, the bonds, and the stock market indices. True, it
works for all markets, but I find these are the best (maybe I mean easier).
Please recall the opening paragraph; we do like to defend our gods.
To whomever wrote the following:
“After all, retrograde Mars may not cause a market to go up or down but
stochastics doesn't cause a market to go up or down either.”
How true, profoundly simple, yet most of us forget this. A retro Mars signals
a change, in the Cattle markets, in the Bond markets, in the Currency
markets, however it in neither provable nor desirable to be proven to use it
as a marker in time for trading these markets.
Steve Poser wrote the following:
“I believe, with great care anyway, that it does belong [in T.A.]. I am not
so sure
about conjunction of Uranus (or anybody else's ha-ha) with Pluto are
important, but we sure do know that galactice events have affected human
behavior for millenia, from worship and fea of comets to the fact that
most religions are based on a lunar calendar. Easter and Good Friday are
also based on the lunar calendar too.
The tides are based on the phases of the moon, and I believe there have
been studies that have shown that people act differently around full
moons. So, yes, there is a behavioral reason for being aware
astrological predictions. TA is interested in crowd behavior, and there
does seem to be an astrological basis for the same.”
Most people are blissfully unaware of celestial events, so we cannot
blanketly say that we are fearful of them. Eclipses of the sun and moon,
observable eventrs, do affect people and dramatically, but they are rarer
events. I guarantee you that whenever Mars goes stationary, the cattle
markets will change trend even if it for short time and this event is in no
way observable or noticable to the everyday man.
The lunar effects upon our behavior cannot be understated. A dozen theories
offered, none of them worthwhile, yet ask the police department or emergency
room staff about the New and Full of the Moon—something is affecting us then.
And as free markets are mobs, they will be affected. I’ll state that one can
make a study of just the moon alone and forget the planets.
Dr. Perry writes: “I can tell you there is virtually no PHYSICAL relation
between planetary motion, etc. and human behavior.”
While I respect that doctorate (I am just enthralled by astronomy), many of
your colleagues past and present have presented compelling evidence to the
contrary beginning with our good friend Sir William Herschel, you know the
bloke, discoverer of Uranus.
While I wrote of this a little above, it is hard to let go. It just pisses me
off that planetary positions might affect my, my! behavior. When Mercury goes
retrograde, communications and thought are said to go awry. In my life it is
so. You might argue that I believe of have faith in this, but I don’t; I
think individual astrology is a vanity.
Now you go on to state, “ 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.)”
Dr. Carl G. Jung wrote that we should pay attention to astrology because it
was the psychology of the primitive man. He was quite right. And since
planetary positions are quantifiable, I ask you, can they not be used to
predict mob and market behavior?
Grok on the two lines above.. When I think about this, my whole response
should have been just these two lines.
As to daily newspaper horoscopes, they are crap. Most people are simply
ignorant of astrology and this includes the markets.
Hello Darin, you are a man after my own soul. You write:
“I did too. And pursued it for the same reason. After much rigorous
testing of the type I would apply to any market idea, I have been
converted from the most ardent unbeliever to finding it intuitively
obvious. The key for me was understanding it simply as alternate
measures of time. The solar calendar was merely an arbitrary choice as a
timekeeping system, used only by a portion of the world for a part of
our history. Our bodies follow circadian rhthym, which when tested in
isolated environments such as subterranean caves, appears to follow the
lunar rhthym. Many market technicians swear by Fibonnaci time intervals.
Many planetary time intervals are in Fibonnaci relationships to solar
time. The orbital period of Venus, for example, is in a Golden Mean
relationship to that of the Earth (226 / 365.26 = .618). The nature of
time is complex and has many subtle harmonics. So does the universe, and
so do we.”
Well said as is below:
“I must agree, as I have not been hit on the head with a physical
planet lately. <g> However, one does not accomplish anything in the
markets or life by being "told" by an "expert". One does so by
objectively searching and testing, and becoming one's own expert. Your
Ph.D. designation, with all due respect, indicates the acceptance of a
collection of beliefs. The major advances in astronomy and human
understanding in general were made by those who discarded the beliefs of
the majority. Your reply was well thought out, and I am not attempting
to put you in either camp, merely suggesting that RT'ers decide for
themselves on their own standard of objective proof.”
“Why is it that astrological or astronomical cycles can be tracked
and traced in biological or geological bodies that have little or no
brains? Are we immune to the forces that mold the world around us? If
you have Technical Analysis of the Futures Markets by John Murphy, turn
to page 419. There is a chart showing the occurrence of 18.2 year cycles
in everything from the flooding of the Nile, marraiges, stock prices,
construction, java tree rings, and several more items, from 1880 to
1980, some from 1514. Isn't it interesting that the Saros cycle of lunar
and solar eclipses is 18 years, 11 days? And who says we should be
looking for correlation in SOLAR years, or linear correlation anyway?”
I would like to add that somebody wanted to learn financial astrology, they
must discard all that they know or think they know about a great many things
and do the research on their own. It is not just the planets and the moon
with these extraordinary rhythms but the rhythms in us and all of life around
us. It is amazing
Jer3cubed writes this:
<< 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? >>
IF THEY ARE HONEST, THE ANSWER IS NO. Look at the words that you
have
used: "reasonable", "plausible", "causal". SINCE WHEN has the market
responded
to any of those thinks EXCEPT you have taught your self toe BELIEVE they do.
The AstroFinancial approach is A WAY of breaking out of the
LIMITATIONS
of the Box of "rationality" that we have come to rely on as matter of Blind
Belief. W D Gann taught more than market methods. Namely: clear
sightedness.
Of the words you used in the above: "Picture" and "Light" come
closest
to a description of an approach that can be helpful only if the user is
willing
to engage in careful "OBSERVATION."
GerryB/jer33:3/eccl 1:9
Gerry,
I am honest and the answer is yes to the best of my abilities. The techniques
work. I might add that Mr. W.D. Gann, the Master Trader, was an astrologer.
He hid this in his works, but it is there.
It was not until I began to understand Gann that I realised the utter beauty
and scope of just how harmonious and rhythmic the universe really was.
Sorry, long winded here. As I write, more on this thread pours in.
Take care,
Ken
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