PureBytes Links
Trading Reference Links
|
"Donald E. Thompson" wrote:
> William and Ira,
>
> There is an AstroFinanceList over at www.Onelist.com
> It is easy to sign on to and a few notables not to mention, some very
> knowledgable people who use various astrological methods of timing post
> on this list.
>
> Don
>
Don:
I have watched astro predictions for several years and have not been very impressed
with their accuracy. Of particular importance is that well known advocates (e.g.,
Crawford) make extensive use of normal technical analysis, and, in Crawford's case,
caution against only using astro data. This reflects the fact that, as noted by
Crawford, systems such as Bradley, etc., are often incorrect. Given this I do not know
how to separate the contribution of technical and astro analyses. Looking just at the
astro predictions, my impression is that they are no more accurate than using, for
example, fibonacci, Carolan, etc. The fact that astro is based on the alignment of
planets, etc., whose motion is periodic/cyclical, it is not surprising that a numeric
series will be generated that from time to time will be accurate. In both cases, my
conclusion is that fibonacci, Carolan, Bradley, etc. tend to be accurate from time to
time, but that they are an inadequate basis for trading and are only useful in
conjunction with other indicators as reinforcement.
Bill
|