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A Traders Guide to Financial Astrology: Forecasting Market Cycles Using Planetary and Lunar Movements by Larry Pasavento

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PREFACE

We in academia have it made, after all … especially scientists in academia. We're kind of at the top of the pecking order. And in order to maintain that “illusion,” which is what it is, we've got to not appear the fool. So the majority of the scientific community is a very non–risk taking group of people that live in a rather small reality and are in fact scared of things which seem to be outside that reality.

—Michael D. Swords, PhD, Biochemist,Prof. Emeritus, W. Michigan University

This book will evaluate the meaning and effects of planetary cycles on financial markets. This book was written to begin to establish the link between planetary cycles and market patterns. There are many people who believe the movement of markets is in fact random. They argue that a system of random movements often creates the illusion of patterns in markets. But how do you really know for sure? There is a flip side to that coin. Markets that have an orderly system will appear to be random to those who are not conscious of the system. Therefore, it is not possible to acknowledge one side of the coin without the other.

Some people want to see patterns everywhere and some want to see randomness. Who is right? Who is wrong? The answer is that they are both right and they are both wrong depending upon the situation! In statistics there are two basic types of errors. Type 1 errors are false alarms assuming that there is meaning when there is not. Critics of market timing assert that the landscape ...

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