Monday, May 28, 2007
Might astrology be useful for investing in the stock, futures, or forex market as a self-fulfilling prophecy? -
Please note, that I do NOT believe in the validity of astrology itself. Nonetheless, human beings are superstitious beings and every year that goes by, not only does quot;New Age Mysticismquot; become increasingly popular, BUT ALSO more and more investors are putting their faith in astrological analysis of the markets! Surely this should be a very dangerous way to risk your finances. Nonetheless, astrology seems to actually WORK when it comes to investing, according to all reports. How so? Consider that, as the markets are nothing more and nothing less than a direct reflection of the mass human psyche (of all participating traders) then might not astrological predictions be increasingly reliable tools for the savvy investor to pay attention to? Simply because of the increasing mass of investors using astrology, the market ends up reflecting the resulting trends? In this limited sense perhaps, astrology IS for real - maybe I ll be buying a good astrology program soon..?!? You could probably make a lot of money selling stock advice to people that is based on astrology. Just make your stock picks by throwing a dart at a stock table on the wall, then make up some astrological mumbo jumbo to make the customers happy. there s something called sales marketing predictions, big website companies like SloanCenter are into it. try to get into their websites and ask them no i say not. you are better reading the following books though. the intelligent investor security analysis bizbag security analysis frank j kelly jr analysts fjkellyjr@bellsouth.net The number of people using astrology are too few to generate the predictive results you want. Too much volume is driven by highly rational computer systems. Now there might be self-fulfilling potential in some of the analyses that are done: computers look at the shape of the closing price graph and make predictions. I m sure there are readers here that do some of that: a peak up following a trend down means something, etc. I started tracking some stocks when I first starting getting those penny-stock junk mail. I did see that in fact those stocks did get a jolt upwards following the email. I don t know whether little investers were reacting to the emails or somebody was gaming the system. I was testing an idea of jumping on the stock just because the junk emails did juice demand. What found was that I couldn t buy the stock quick enough to ride the wave; also my transaction fees would eat up all my profit. No didn t move ahead. All this to say, no I don t think your astology plan is good, but that there may be other ways to catch self-fulfilling prophesies. They d would have to be suptle though, because if somebody says something on TV the stock shoots up too fast for you to buy it and you just end up buying empty hype. Personally, I just stick to funds that follow some overall economic trend that I see for the upcoming year or two. (I buy into countries with upcoming Olympics, countries that export now with the dollar so low, etc.) investing on particular security required complete analysis of balance sheet through financial advisor or expert.no sense of astrology needed. Yes...Astrology is just as valid as any advice you will get here. Because, Astrology will tell you to do something that is right or wrong. Advice Here will probably be right, wrong, somewhat right, somewhat wrong, possibly right, possibly wrong, maybe irrelevant.and from this you must pick. Go Figure. You keep doing that and you will lose all of your hard earned money. Stocks don t care about astrology, neither does the smart money. But what ever floats your boat, someone has to lose their money for me to win it.
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