Customer Reviews

Financial Astrology

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This book is now in reprint. It was written years ago. I read it in the 80's and thus I am recalling from memory. It is most unlikely the book has been updated since the author has passed on. Perhaps it is somewhat on the superficial side, but in a way that can't be helped. I say that because as a market trader, I have used planetary cycles in my endeavor. Every market is different in that each responds in a different fashion to various cycles. For instance the beans respond to Mercury, the cattle to Neptune, and the stock market to other planetary configurations (called aspects). I can state in the most vociferous terms that markets do indeed respond to the planets and their relations to each other. Nevertheless, this book will give the novice some insightful means to do market research.

The title "Financial Astrology" of this book is reductive: this is not another book about horoscopes or sun signs. The subtitle of the book is much more appropriate "How to forecast business and the stock market": when it comes to forecasting the Business cycle traditional economic and econometric models simply do no work, in this book the author focused (the first edition of the book is almost 30 years old) on non conventional explanations of the Business cycle such planetary and astronomical cycles. "Astro-economics" is conventionally reputed a pseudo-science, well I started my career as an economist and to be honest I find natural and astronomical cycles a subject much more worth of study than Econometrics if you are interested in forecasting the Business cycle, and this is still a good book to start with.