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I don't believe in astrology as a trading tool. To say it is wrong, I can't. There are a
lot of people who make money using it. I do believe that the moon, sun, stars and planets
in their rotation and interaction do affect human behavior to a certain degree. This is in
part proven by the criminal reports and disturbances during a full moon.
If these interactions affect human behavior, then it must affect the stock and futures
markets to a degree because they are, in part, a reflection of human behavior in one area
of society. So I won't discard astrology as being ineffective, just not suited to my
needs as a trader. so use it if it works for you and look for something else if it
doesn't. This is an information and discussion group, not a place to seek converts. Ira
"Norman E. Phair" wrote:
>
> Back in the early 60's Fidelity had a technical
> department. They did not advertise it, very few
> people new about it. I would venture to say no other
> mutual fund management company had such a
> department. I attribute their superior performance
> back then to this department which was run by Chet
> Pado. One of the best performing funds was managed
> by Jerry Tsai, for those of you out there who may
> remember his name. In 1962 as the market started
> down, he went into approximately 30% cash in two
> weeks. Technical analysis was somewhat of a voodoo
> culture back in that era. Fidelity did not tell
> people because if you were a
> technican back then people looked at you at little
> funny. Boy have times changed. The money that
> technicians are paid now by the major brokerage houses
> is unbelievable. Does it pay to be different?
> Should you keep your opinions to yourself if the
> majority of people out there do not agree? What
> happened to the old theory of contrary opinion? I
> do NOT use astrology in my trading.
> congratulate anyone
> who uses it or any
> other method that works. Why do people criticize
> something when they do not know anything about ? I
> guess it is human nature. If they can not carry on
> an intelligent conversation about a subject, because
> they do not have the knowledge, the subject has no
> merit. There are died in the wool fundamentalists
> that manage money who
> think technical analysis is not worth anything.
>
> Norman E.
>
> > S teve McGuire wrote:
> >
> > > John,
> > > Sounds like a very closed minded approach. If some
> > > people can make astro work for
> > > trading, why not show a little tolerance. It is the
> > > lack of tolerance and
> > > flexibility that is the root of many of our
> > > problems today and throughout history.
> > >
> > > John Napier wrote:
> > >
> > > > Several days ago the web master asked that all
> > > you
> > > > astrologers converse with each other privately
> > > through your
> > > > own email.
> > > > THAT IS STILL AN EXCELLENT IDEA.
> > > > I don't want to start a rumble here but why don't
> > > we get off
> > > > this CRAP and get back to sharing good trading
> > > ideas and
> > > > information that will
> > > > improve our trading techniques. THAT'S WHAT THIS
> > > FORUM IS
> > > > ABOUT. Not astrology or sun worshipping or
> > > occultic signs.
> > > > Whoever started this thing why don't you give all
> > > those
> > > > others who have joined in with their special
> > > signs YOUR
> > > > private email or still better, why don't you
> > > start your own
> > > > web page just for that stuff.
> > > > I, Like you, don't want to offend anyone..BUT you
> > > have
> > > > offended me. So lets call it quits right now
> > > while you are
> > > > ahead.
> > > >
> > > > TTrue61470@xxxxxxx wrote:
> > > > >
> > > > > In a message dated 5/12/99 7:46:59 AM Central
> > > Daylight Time, chmeyer@xxxxxxxx
> > > > > writes:
> > > > >
> > > > > << I'm no rocket scientist, especially as it
> > > relates to quant skills--
> > > > > but isn't it silly to consider this a valid
> > > sample base; and size? >>
> > > > >
> > > > > I totally agree. At the risk of getting the
> > > administration mad at me I'd like
> > > > > to point out a few things about astrology.
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