Astro-finance gathering following

Abhay Rao

Posted: Sunday, Aug 10, 2008 at 0206 hrs IST
Updated: Sunday, Aug 10, 2008 at 0206 hrs IST


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: “Millionaires don't use astrologers. Billionaires do,” said JP Morgan. Astrology, Numerology, tarot cards and zodiacs are all what we essentially call esoteric sciences. Yet some strongly feel that they can help in making financial and investment decisions, as much as, if not more than the financial models, prediction charts and statistical reviews compiled by experts. For centuries kings had been using astrologers to advice them when is the best time to go to war, make reforms, etc. However, our skeptical minds rarely let us believe in that which we cannot fathom. A science is defined as a law with universal acceptance and if one considers astrology, which is based on the millions of stars in the galaxy, logic tells us, a science doesn't get much more universal than this.

Financial astrology is considered a precise market-timing tool. However, it cannot successfully be used as a stand-alone strategy for investing. Astrology cannot determine market trends like a technical analysis, nor can it be used as a key indicator to whether a particular stock has a sound and solid basis like a fundamental analysis.

Geo-cosmic principles should be ideally used as a final step in one's investment strategy, after using the traditional market tools available. Financial astrology is one of the most fascinating branches of astrology and has been around for centuries. Traders in grains and precious metals in ancient India used it to set buy and sell times in the markets. Aristotle recorded the story of Thales of Miletus (699-635 BC), who used his knowledge of heavenly cycles to predict a bumper olive crop, and turned a handsome profit on the rental of olive presses.

Some financial planners feel that making investments based on how the planets are aligned is a futile exercise, while on the other hand, astrologers claim that planetary movements do help to get your timing right and optimise your success. Successful investing, we all know, requires market knowledge, trend understanding, instinct, information and perfect timing. Timing can come from knowledge, from a trend module or astrology. Having learnt this much, ridiculing the idea of astrology is taken over by intrigue, as one tries to understand how the realms of the outer world effect us.

Gazing into the crystal ball

“We are all in the gutter, but some of us are looking at the stars,” once said Oscar Wilde.

Lt col Ajay Jain, financial astrologer and CEO of...

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» market
Posted by Ashok.Kumar.C on 2009-03-29 21:10:09.064681+05:30
DI I HAVE ANY FUTURE I STOCK MARKET

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