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Larry Muir wrote:
> The Technical Analysis of Stocks and Commodities had an article once that
> said someone had success trading with astrology. There was a trading
> software program based on astrology advertised in TASC. Somebody could
> probably get a demo of the program and backtest it.
> TASC probably has info on this subject. You could check their website.
> I read TASC every month, I recommend reading it to all traders, it is a
> wealth of information on everything concerning trading. If you want a
> trading system there are properly tested trading systems in this magazine
> every issue, yours for the cost of the magazine.
Larry,
Back in the late 80s and thru part of 1991, TASC had a monthly contest
asking their readers to send in a forecast for the selected market of the
month. Usually the entries where highly hypothetical, i.e. corn should go to
2.50 if it crosses its 25 day moving average etc etc . To my knowledge, no one
ever entered with a direct forecast telling exactly where the selected market
would go, that is until Spring 1991. I was browsing my TASC mag one evening.
Until that month, I had been following these monthly contests with amused
interest, but none of the markets selected ever rang my bell. Then, I turn to
the monthly contest to see that the next contest was to forecast Black &
Decker's stock price for the next several months. I remembered that I had
BDK's Astrological data in my computer files because the options were traded
on the CBOE and having been a CBOE market maker I made a point of collecting
data on those stocks. I then ran the transiting aspects to BDK's incorp. natal
chart, assigned a simple number value system to all the aspects, and then by
hand drew a graph of these values. The result was a linear graph with peaks
and troughs dates for the next four months. The whole process took about 30
minutes. I entered this graph in the contest. I had put it out my mind for
several weeks when the telephone rang one afternoon and it was the editor in
charge of the TASC contest. He said that I was one of the finalist. But in
order to win, I had to tell what methods I used to arrive at my forecast. When
I entered, I deliberately omitted my methods as to avoid any bias against
Astrology, knowing that TASC is a very number crunching type mag and would
much prefer a winner based on the latest oscillator or spread sheet formulae
than having to publish that an Astrologer beat all the conventional
technicians who are the core of their subscribers. In short, I was probably
their worse nightmare. So when the editor on the telephone asked me to
disclose my methods, and I said, "Ok, ......Astrology! I used Astrology",
there was a very long pause on the other end of the telephone. After what
seemed like a good 1/2 minute, he finally spoke by saying that I had won the
contest. In fact, I not only won the contest but my forecast had been accurate
for every significant high and low for BDK, within one trading day, for the
entire period. About two months later, they had the write up on me winning the
contest. Oh yea, the grand prize, which they had never awarded before was the
title "Certified Technical Genius", which was awarded to me Then something
really strange happened. There was only one more month of the contest results
and then they discontinued the contest, never to have it again. Gee, I wonder
if an Astrologer beating all those number jockeys so handily caused them to
shut down the contest? Funny huh?
Certifiably,
Norman
P.S. If anyone would like to read about this, it is in the August 1991
Technical Analysis of Stocks & Commodities.
>
>
> >From: Steve McGuire <netvest@xxxxxxxxx>
> >Reply-To: netvest@xxxxxxxxx
> >To: Ira <ist@xxxxxx>
> >CC: Jim White <jwhite43@xxxxxxx>, nwinski@xxxxxxxxxxxxxxx, Real
> >Traders 99 <realtraders@xxxxxxxxxxxxxxx>
> >Subject: Re: Astro Technical Analysis - Double Standard?
> >Date: Thu, 08 Jul 1999 11:06:54 -0400
> >
> >Amen!
> >
> >Ira wrote:
> >
> > > I have followed this thread on astro for a while and said nothing. At
> > > this point I feel that a reply is called for. Norman has contributed
> > > to this forum on many occasions. Some times he was right and other
> > > times he was right, but a little off on the timing. I don't recall
> > > him being really wrong.
> > > Here is someone, who once again, says give me something for nothing.
> > > Everything about astro is out there. Norman found something that works
> > > for him and thought that someone else might benefit by it and put his
> > > thoughts out there. If you are that anxious to prove or disprove the
> > > theory, go out there, do YOUR homework and come back and disprove what
> > > he has to say. If you want to learn about it, contact Norman or
> > > someone else that teaches it. I don't use astro because it doesn't
> > > suit my trading style. I spent a year developing a system that works
> > > for me and I won't give that away either. If you want a short cut pay
> > > for it. If you want to do it on your own, you will pay an awful lot
> > > more and maybe never succeed. If you are just out there to badger
> > > people I am sure that Mr. Duffey will enlist you on his team.
> > >
> > > Nuff said. Ira.
> > >
> > > Jim White wrote:
> > >
> > >> This reveals the real objective of this individual - not to further
> > >> the
> > >> knowledge of the trader but to sell you something.
> > >> And there is no double standard. Each and every technique should
> > >> stand up to
> > >> the same level of scrutiny. I would like to see just one astro guy
> > >> respond
> > >> to questions on his technique with an objective experiment that
> > >> could be
> > >> tested by anyone. I don't think we will see such an offer.
> > >> Jim
> > >> ----- Original Message -----
> > >> From: nwinski <nwinski@xxxxxxxxxxxxxxx>
> > >> To: Real Traders 99 <realtraders@xxxxxxxxxxxxxxx>
> > >> Sent: Wednesday, July 07, 1999 11:46 PM
> > >> Subject: Astro Technical Analysis - Double Standard?
> > >>
> > >> > RTs,
> > >> >
> > >> > . One observation that I have made is that it seem that the
> > >> skeptics
> > >> > set a higher standard for Astrology than they do for any other
> > >> form of
> > >> > market analysis. When someone mentions that they got a buy signal
> > >> based
> > >> > on some oscillator or moving average, you don't see the entire RT
> > >> list
> > >> > jump all over them asking for extensive statistics and causation
> > >> proving
> > >> > that it works. If they do mention that it works 70% of the time,
> > >> people
> > >> > are crawling thru their computer monitors to try to get the
> > >> formulae for
> > >> > the new found holly grail. Now, I am apparently expected to give
> > >> > definitive scientific proof and causation for Astrology and the
> > >> markets.
> > >> >
> > >> > This is a double standard applied by the skeptics. It is does not
> > >> set a
> > >> > fair or level playing field.
> > >> > My purpose in posting Astro correlations is only to whet
> > >> peoples
> > >> > appetites for this area of study. I am not here to do their
> > >> research or
> > >> > homework. If they can see a nugget of value in researching
> > >> something I
> > >> > post, then I have done the list a valuable service. If someone
> > >> decides
> > >> > that they would like to seriously pursue this avenue of study, I
> > >> stand
> > >> > ready to help.
> > >> >
> > >> > Appetizingly,
> > >> >
> > >> > Norman
> > >> >
> > >
>
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