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Seriously it's always possible to come out with any justification to
support any methods. For each justification there is always a
counter justification for why it is not so.
The bottom line is do your own research and analysis and prove it
for yourself. I have provided several clues on several techniques.
Back testing astrology methods is no different from back testing
any technical analysis technique that can be expressed in mathematical
terms. If you can compute the dates of an events or set of events
and can come out with rules on how you trade it you can mechanically
test it out.
Chris Baker wrote:
>
> Regarding the scientific basis for Astrology, there has been some
> speculation by an astronomer that the various planets influence the
> earth's magnetic field, and we are quite sensitive to changes in the
> earth's magnetic field. Something like Jupiter retro, meaning
> reverse from normal direction, would likely have a major effect
> according to this theory.
>
> Regarding back-testing financial astrology, I have bought an Astrology
> Calculation DLL that can be called from Visual Basic or C++.
> Although I haven't done it yet, the process would be to compare market
> data to the Astrology effects, with accuracy to within a minute if
> necessary. I have read of another astrologer who has compared daily
> market action with astrology and is now working on astrology effects
> and intra-day data, under contract to an institutional trading
> department, if I recall.
>
> Astrology is especially big in Asia and Australia.
>
> -----Original Message-----
> From: Harold Gibbs <Haroldg@xxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Monday, September 07, 1998 12:52 AM
> Subject: GEN: Astrology
>
> |
> |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
> |
|