Menu
The NOOK Book (eBook) of the TRUTH OF THE STOCK TAPE (With Introduction to Financial Astrology) by W.D. Gann at Barnes & Noble. FREE Shipping on $35.0 Membership Educators Gift Cards Stores & Events Help. Financial Astrology Software designed for traders without having to know a lot about astrology! For a free 30 day trial of Galactic Trader, Visit www.GalacticInvestor.com. 2 DAY GALACTIC TRADER/GALACTIC STOCK TRADER WORKSHOP.
Astrology |
---|
New millennium astrological chart |
Background |
Traditions |
Branches |
Financial astrology (also known as business astrology, economic astrology, and/or astro-economics) is a pseudoscientific practice of relating the movements of celestial bodies to events in financial markets. The use of astrology in financial markets is not consistent with standard economic or financial theory.
![Pdf Pdf](http://www.starzology.com/wp-content/uploads/2017/05/Gary-Vaynerchuk-1.jpg)
As with astrology in general, predictions are vague and hard dates are rarely given. Long term predictions are made based on patterns relative to astronomical events.[1][2] Critics have pointed out that some astrological events that have been used in predictions occur so rarely that they may have never happened before within a human lifetime, thus having no precedent on which to predict results.[2]
![Introduction to financial astrology 2017 Introduction to financial astrology 2017](https://image.slidesharecdn.com/lesson-1-introduction-to-astrological-principles2316/95/lesson-1-introduction-to-astrological-principles-10-728.jpg?cb=1278313633)
History[edit]
Financial astrology has been used in various formats since 463BC.[3]
In 1992, 1994 and 2008, a magazine by the name of Wall Street Forecaster was named as one of the top forecasters on Wall Street, as the superstition was being leaned on for luck.[4] It was also rated the second best performing forecaster in 2002.[4] It was reported that some clients asked for their copies to be delivered in 'brown paper' to avoid mockery[citation needed]. As of 2001 the Astro fund trading company, which handled $3.5-5 million worth of investor assets, claimed 10-15% of fund managers were using their service or a similar company.[5] The majority of the market demand for this service has come from the US and Japan respectively.[6] In 2000, Bloomberg News was host to a weekly show dedicated to financial astrology.[6] The 2000 financial crash led to a surge in companies and investment bankers using the services of financial astrologers.[7][8]
Criticism[edit]
Large financial firms tend to ignore financial astrology. The practice was used by Goldman Sachs in a paper released in 1999, focusing specifically on the correlation between eclipses and the state of the financial market at that time[citation needed]. Though floated as an idea by the company at the time, analysis showed that random data produced similar results.[9] A 2007 study by The British Association for the Advancement of Science conducted an experiment wherein a financial astrologer, professional investor, and five-year-old child, were asked to invest £5,000 on the FTSE100. The child earned the most money, with the financial astrologer taking the heaviest losses.[10]
See also[edit]
References[edit]
- ^Starich, Karen (May 30, 2012). 'Financial Astrology: The Key to Future Investing'. Benzinga. Retrieved January 12, 2015.
- ^ abInthirarajah, Arul (August 15, 1992). 'How to read the planets'. Business Times. Singapore.
- ^Slotsky, Alice Louise (1997). The Bourse of Babylon: Market Quotations in the Astronomical Diaries of Babylonia. Michigan: UMI Dissertation Services. ISBN1883053420.
- ^ abStorr, Will (December 1, 2013). 'Could the stars predict the markets?; The position of the planets doesn't make a share price plummet. Or does it? This is what 'financial astrologers' claim -- and many traders believe them, finds Will Storr'. The Sunday Telegraph. London. pp. 14–15.
- ^'Managers Turn in to Horoscope Know-How; Wall Street Stars: Astrologers Forecast a Heavenly Return'. Birmingham Post. March 17, 2001. p. 28.
- ^ abLee, Sandra (August 5, 2000). 'Star advice for kooky investors'. The Daily Telegraph. Sydney, Australia. p. 33.
- ^Jarvis, David (February 8, 2009). 'The stars rescue our banks'. Sunday Express. p. 21.
- ^Krantz, Matt (May 26, 2000). 'Stars above! Some investors seeking astrological guidance -- really'. USA Today. p. 1B.
- ^Bulsara, Hament (March 18, 2001). 'If Crystal Ball is Cloudy, Just Turn to the Stars'. The Toronto Star.
- ^'Star fad takes the pisces'. The Sun. England. June 26, 2007.
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Financial_astrology&oldid=910210720'