Saturday, May 7, 2011

Business astrology

Financial astrology (also known as business astrology, economic astrology, and/or astro-economics) is the 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, but might be considered heterodox economics.
The practice of financial astrology carries the implicit belief that astrology is valid and influences human behavior. The scientific community considers astrology to be a pseudoscience.

Financial astrologers of note
Evangeline Adams In 1929 she predicted that the stock market would continue to rise in price. On Labor Day, September 2, she told a reporter for radio station WJZ that "the Dow Jones could climb to heaven." The next day the Dow Jones reached a record high that was not reached again until November 1954.
W. D. Gann

Application
Financial astrology is sometimes applied in the following ways:
Predicting major economic trends as they relate to certain cycles, specifically on the cycles of outer planets
Helping an investor find the best industry to be in for a particular period of time based on major planetary configurations
Identifying the best stocks to own during a particular time period
Identifying the best date and time to buy or sell a stock
Correlating the Astrological aspect to the movement of stock market in day trading.

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