nelly said:
Just a simple question..
What does the term 'Astrotrader' refer to....I presume it is a.......it sounds too silly.
Illumination anyone..?
Cheers...
Hi Nelly,
Would just like to add a few comments here to clarify
exactly how astrotraders use our solar system and its
relationship to the markets.
As silly as it may sound to the skeptix, many fund
managers use financial astrology for their market
timing, though most of the cannot admit it, due to
the ridicule it would bring down on them .....
..... it was NO DIFFERENT in Gann's day and that was
the reason why he coded his astrotrading methods into
his 1927 novel, Tunnel thru the Air.
But, things are now changing in the marketplace:
Henry Weingarten set up the Astrologers Fund
on 02 May 1988 and has been a most transparent
fund manager making use of planetary cycles for
trading.
He also wrote a book " Investing by the Stars ... Using
Astrology in Financial Markets" ISBN 0-07-068999-7
----
Really, financial astrology is something of a misnomer
and probably financial astronomy would be a more correct
term, as we are more concerned with the planetary cycles
and their mathematical relationships with each other,
rather than the interpretive stance of astrology.
For convenience, we have borrowed astrologers' charts
and tables, as they present us with an easy graphical
account of what is happening in the heavens above.
-----
Technically, our aim is to evaulate the time axis on our
price charts, using the oldest and most accurate clock
known to mankind ..... the cosmic clock.
Marketwise, this is the astrotrader's technical approach:
PRICE axis is always VARIABLE, but our TIME axis is
always CONSTANT and therefore easier to analyze.
If we use TIME as the median, then PRICE will most often
be moving either ahead of TIME or behind TIME, similar
to deviations from a mean, shown by the action of a
sine wave ~~~~~~~~~~ or price action in the markets.
We can see this action on the price charts, as making
rounding-bottoms and tops TA patterns and often the
price will fail at the median (or pivot) as it lifts off a
rounding-bottom (for example).
Length of such waves or cycles cn often be correlated
directly to planetary movements and/or events.
-----
Up front, planets have NO INFLUENCE on the markets,
they are just bits of rock orbiting in space, at very
predictable rates of circular movement, that can be
used for timing of many events, even the markets.
Observations and RECORDING of events on earth,
when each planetary event occurs in the heavens
have been progressing for THOUSANDS of years,
so from such history, we can often delineate
earthbound events, with some accuracy.
This is compared to the relatively short time, that
can be assigned to modern financial markets .....
..... some 200 years, at most.
-----
This is the same cosmic clock used for launching
rockets and satellites, timing their entries, exits
and manoeuvres with exquisite accuracy.
..... and best of all, NO MAN can interfere with
this timing device ..... not even GW Bush !~!
-----
Here's an exercise that may be interesting for
the skeptics ..... today, some atroanalysis has
been posted for SHA, an Aussie IPO, due to
list next week.
Just follow the key dates and use them to confirm
your regular FA/TA for SHA, in the months ahead.
No, those key dates will not ALL bring expected
SHA news/ moves, but they WILL help to build a
better overview of the stock.
Try it, it will cost you NOTHING, except for a
little TIME .....
Hope this helps a bit .....
have a great day
yogi