Financial Astrology

[Guest guest]

Hare Rama Krishna.

 

Dear members,

I have found the following article in the " Financial Times " . What is

unusual is, that this article appeared in one of the most respected

journals related to world finance. I have been aware that many

investors,Hedge Fund Managers and mega rich Industrialistshave been

using Vedic Astrology for a variety of purposes, but to my

knowledge, this is the first time, that such a respected main stream

media has come out with an article like this. Reportedly the Indian-

born richest man in the UK has a team of Vedic astrologers advising

his every move,just as well as the chairman of Intel.

Anyway, I hope you find the article intersting.

With deep respect:

A.J.

 

Financial astrology(Financial Times)

FT.com site

Published: May 25, 2007

 

 

Ask fund managers how they reach their investment decisions and they

will probably reel off a list of complex research tools, technical

analyses and scientific formula.

 

Henry Weingarten, a US fund manager, also looks to the stars.

Weingarten is a financial astrologer who uses planetary movements to

predict the performance of currencies, indices and other assets such

as commodities.

 

The use of astrological charting in the financial world may seem

unconventional but, according to Weingarten, it is a much more

commonly-used device than you might expect.

 

" There are some very well-known names using astrology. There are a

few major fund managers and investment banks in the US and Europe

that use it as one of their tools. More so in India and China, which

are becoming increasingly important for money flows, " he says.

 

But he adds that those who do use astrology tend to keep it

quiet. " Many will not say because why would they? The group as a

whole outperforms, so why bring in more competition? " he says.

 

Weingarten runs the New York-based Astrology Fund. This is an

institutional fund that uses astrological charting to make punts on

commodities and other assets. The fund also advises other large fund

managers when to trade and corporations on everything from when to

initiate a takeover to where they should position their offices.

 

Weingarten describes financial astrology as a " mathematical

psychology based on astronomy " .

 

It may sound mildly eccentric to many financial professionals, but

Weingarten says that financial astrologers look at how the planets

were aligned during past market cycles so they can pick up any

correlations with current and future cycles.

 

" When they see similar

patterns again, they can make similar forecasts, " he says.

 

Weingarten studies the horoscopes of countries, stock markets,

companies and currencies by calculating how the planets were aligned

at their time and place of birth, and comparing this to present or

future positions.

 

A country's time of birth might refer to the date it gained

independence, while for a company this would reflect when it

floated, and for a stock market, when it started trading.

 

Weingarten uses a number of online tools to calculate the position

of the planets, then carries out his own interpretation. He has

studied astrological interpretation for more than 20 years.

 

" It is another way of finding things out. It is another tool just

like technical analysis, " he says. " I do what everyone else does

and add on astrology as well. "

 

He studies how planets are aligned in relation to each other and in

relation to the horoscope of the asset or country.

 

For example, Jupiter in a prominent position can mean upwards

movements are more likely, whereas Saturn can mean the opposite. A

strong Neptune can signal confusion in the

markets.

 

Weingarten says that when he first started to apply astrology to the

financial markets it " worked like a charm " .

 

He brought in a colleague - a successful retired fund manager - and

as a test they took $40,000 to trade commodities using astrological

charting. Four months later they had $2.9m of capital.

 

Weingarten's claims are impressive. He says he predicted the Tokyo

market crash in 1990 and the Hong Kong crash in 1997. In 2001, he

predicted there would be terrorism in September and that markets

would be down - although he failed to pinpoint the exact date.

 

Last year he forecast that in the second quarter the market would be

down because of high oil prices, and that the top of the market

would be May 11 or 12, which turned out to be spot-on.

 

He also said oil would rally to $80 (it hit $78) and then begin to

drop back to a $46-$55 range.

 

Weingarten also claims he correctly predicted the current US housing

slowdown, which he puts down to the position of the planets in

relation to the US. This is currently very similar to the last

housing crash in 1989. Weingarten explains that Saturn and Neptune

are in opposition, which creates " a rock on a cloud " .

 

" We are in the midst of that transition so even though markets are

going up they could fall out of bed at any time, " he says.

 

However, no number of correct forecasts will convince the sceptics

that astrological movements are influencing market activity.

 

Weingarten says he has made a number of forecasts three or four

years in advance that have been accurate to the day, but still says

there remains a significant degree of scepticism in the

market.

 

He originally intended to set up a public fund, which would invest

using astrological predictions, but he could not find a large fund

house to back it.

 

He says he did many tests and, by just using astrology, outperformed

conventional unit trusts over and over again.

 

" But some people are still afraid of astrology, and many of those

using it will not admit to it, " he says.

 

Weingarten's argument is: how else would he be able to pinpoint a

specific event happening at a specific time and place a number of

years in advance? His belief is so firm that he commonly uses

astrology to time decisions in his personal life.

 

For example, he planned his marriage to take place at precisely 12

minutes and 12 seconds past 6pm on October 1 1994 as this was -

according to his astrological calculations - a good time to initiate

a long and solid

marriage.

 

" Astrology can't make a bad marriage good or a good marriage bad but

it can help you make what you have better, " he says.

 

A similar principle applies to financial astrology - the underlying

market conditions have to be right for an event to happen, and if

they are, astrology makes it easier to predict exactly when and what

that event will be.

 

" A certain astrological position can provide a burst of energy,

which can have a major effect if other conditions are right, " says

Weingarten.

 

For example, he says the recent weakness in the Chinese stock market

coincided with a lunar eclipse in China.

 

" There are lunar eclipses all the time but this one - in relation to

China's horoscope and the current situation of the market - brought

the market off, " he says.

 

" The truth is that events are based on a compound of planetary

cycles. Not everyone will make money on every full moon, for

instance, but it is a way of highlighting the calendar days when

things are more likely to happen. "

 

 

 

 

 

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