Jump clear of the market when Mars enters Libra
pounds 10bn worth of investment funds are influenced by astrology
Sunday 30 March 1997
The claim is that pounds 10bn worth of investment funds in Europe and the US are influenced, directly or indirectly, by astrology. In the US there is even said to be an Astrologer's Fund promising (inevitably) "stellar returns".
Using the movements of the planets to make economic and financial forecasts might seem a poor way of safeguarding your savings, but financial astrologers claim their method is gaining acceptance in the City. Indeed, there have been suggestions for years that private investors and big investors in the City consult astrologers, though only recently have some of those involved been prepared to risk public disclosure.
Last year Arch Crawford, an American astrologer and analyst, gained a following on Wall Street thanks to some surprisingly accurate investment forecasts. The European Bank for Reconstruction and Development (EBRD) announced last September that "astro-economics" played a role in its investment strategy. Mark Curtis, the EBRD's treasurer, while not a believer in astrology, described the influence of certain planetary alignments on markets as "uncanny".
In Asia, astrology is a more ackowledged part of the investment scene. In Hong Kong, Feng Shui practitioners who use planetary alignments in their market forecasts are widely followed.
The academic world may ridicule astrology, but stockmarket practitioners appear to have taken a more pragmatic view of it in their pursuit of profits. It is simply an extra tool.
Where it is used, it is almost certainly alongside conventional investment techniques - in turn making its effectiveness that much more difficult to prove.
Roy Gillett is a western financial astrologer with 10 years' experience in the field who boasts both investment firms and private investors as clients. He claims to have been involved in helping a number of major City institutions to incorporate planetary tables in their computer systems. And he maintains that planetary cycles are a lot more down-to-earth than many mainstream investment indicators.
A number of modern-day investment analysts have come to financial astrology after studying the work of WD Gann, the legendary US investor. Gann is said to have amassed a $40m fortune on Wall Street before the Second World War using an extremely complex numerical trading system which reportedly had astrology at its core. Gann's references to esoteric philosophy encouraged the belief that ancient predictive tools could be successfully applied to investment.
Financial astrologers look at the movements of planets and correlate these with economic data to make forecasts. Forget staring into crystal balls and wearing pointed hats - nowadays a financial astrologer is more likely to be analysing computer data covering thousands of combinations of planetary cycles.
Andy Pancholi, the founder of Cycles Research in Britain, claims that astrology can be particularly useful in forecasting stock-market turning points and he maintains that it gives the investor a potentially useful edge over those not prepared to consider planetary patterns.
He notes, too, the possibility of increased use of astrological forecasts becoming self-fulfilling. If enough investors believe that a planetary pattern indicates a turning point then their combined activity will tend to make the forecast come true.
Astrologers argue that different stock markets seem to respond to different planetary patterns. Mars is often linked to the FT-SE 100 index of leading UK shares. Mars takes around two years to complete its orbit of the sun and the claim is that share prices tend to reach a high when it is in the sign of Libra and fall to a low as Mars moves on into the sign of Pisces.
Mars was at the beginning of Libra at the start of this month.
The forecast is for a fall to around 4,050 by early August, which would represent a drop of 10 per cent and which is not far from many analysts' conventional forecasts.
q Sean Lovatt is a financial astrologer. Steve Lodge is a Gemini.
Liam Neeson's Downton dreams
Thriller is set in the secret world of British espionage
Bomber jacket worn by Mary Berry sells out within an hour
Much-loved cartoon character returns - without Sir David Jason
Actress to appear in second series of the hugely popular crime drama
30 August 2014 12:00 AM
05 September 2014 11:30 PM
30 August 2014 12:00 AM
The UK has slipped to 11th in the latest European league table of savers. Rob Griffin checks out the best options
22 August 2014 10:30 PM
Caroline Flint, the shadow energy secretary, says a Labour government would create a new energy regulator
22 August 2014 10:30 PM
16 August 2014 12:00 AM
16 August 2014 12:00 AM
08 August 2014 11:30 PM
Five Questions: Changes to car tax discs
Less than half of Brits carry country's £1.5tn debt burden
A student's guide to financial survival: You don't have to drown in debt at university
Misleading websites banned for tricking people into paying for ‘free’ government services
10 tips for taking out a personal loan
- 1 Thailand beach murders: Thai PM suggests 'attractive' female tourists cannot expect to be safe wearing bikinis
- 2 Scottish independence: What you shouldn't tweet about if you want to avoid jail today
- 3 Scottish independence: Five reasons Salmond is secretly hoping for a 'No' vote
- 4 Isis plan to 'behead random member of the public' in Sydney thwarted by Australian police
- 5 Scottish independence: Andy Murray backs Yes campaign in eleventh hour decision
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence referendum: A nation divided against itself
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Russia freezes Ukraine into submission: Kiev admits country doesn't have enough fuel for winter
iJobs Money & Business
£320 - £330 per day: Ashdown Group: The Ashdown Group have been engaged by a l...
To £75,000 + Pension + Benefits + Bonus: Saxton Leigh: My client is looking f...
To £85,000 + banking benefits: Saxton Leigh: You will be expected to carry out...
Up to £90,000 + benefits: Saxton Leigh: Credit Risk Audit Manager required to ...
Day In a Page
A new seven-bedroom home built in Queen Anne-style with swimming pool and parkland views in Mortimer
A listed, four-bedroom farmhouse in the rural hamlet of Rushall with detached barn, four acres of gardens and paddocks
A first-floor flat with two bedrooms, a spacious reception room and communal grounds in a leafy part of London
A three-bedroom flat with a spacious rootop terrace and balcony, accessed from a private gated courtyard
A Grade II-listed pile with six bedrooms, stables and 39 acres of grounds in Standlake
A two-bedroom flat with boutique hotel-style interiors, close to the foodie haunt of West End Lane
A two-bedroom flat in a beautiful old vicarage, with many original features, close to the city centre
A three-bedroom 16th-century home with an aga kitchen, private gardens and heated outdoor pool, in Hadleigh
A three-bedrom home in sought-after Queen's Gate Mews, with Italian marble-finished bathrooms
Surrounded by glorious countryside in the village of Udimore, sits this impressive four-kiln oast and barn conversion
A five-bedroom house in the picturesque village of Kettlewell, north Yorkshire
An 18th-century former coaching inn with original staircase, open fireplaces and beams throughout
A Grade II-listed Georgian town house with three bedrooms and a south-facing courtyard, near Arundel Castle
Feel on top of the world at this über chic penthouse on the 37th floor of one of Europe’s tallest blocks.
A Grade II-listed Victorian villa with six bedrooms and two further cottages, all with spectacular sea views
A grade II-listed, Georgian cottage with mature 50ft garden, perfect for summer entertaining
A magnificent Georgian pile with turrets, seven bedrooms, a heated pool and four acres of gardens
Fairoak Farm has five bedroom suites, gym, outdoor swimming pool and golf course
Chic two-bedroom river-fronted flat with a private lift that delivers you directly to your home
A spectacular seven-bedroom Tudor pile, once owned by Henry VIII, with 18 acres of land
A seven-bedroom Georgian property previously used as a picturesque wedding venue
A split-level flat in a church conversion with two en suite bedrooms and 1,200sq ft of living space
A three-bedroom bungalow situated behind an impressive stone wall, £645,000
Windsor Castle overlooks this three-bedroom Victorian cottage located on one of Windsor's smartest roads
Chapel House is a former vicarage with nine bedrooms in the beautiful Upper Wye Valley
A five-bedroom B&B and separate owner's accomodation with potential for conversion
Enjoy summer by the Thames in this two double-bedroom converted warehouse in Rotherhithe village
A one-bedroom, luxury apartment with private gym and concierge service in Moorgate
A four-bedroom house in Hermitage Gardens with three reception rooms and landscaped gardens
A seven-bedroom Grade II-listed property with a separate self-contained apartment
A five-bedroom Victorian house with three reception rooms and galleried landing, £695,000
A six-bedroom farmhouse with five acres of land in a former cloth-making village
A secluded seven-bedroom detached house with large private garden, £490,000
A three-bedroom cottage overlooking Sarratt village green with open fires and solid oak floors
A three-bedroom maisonette flat in a Grade I-listed, Georgian townhouse in a sought-after location
A one-bedroom apartment located within a private gated development, north of Turnham Green
Look forward to a brighter future at two-bedroom Sunny Cottages, ideal for Londoners looking to downsize
A three-bedroom red-brick cottage with outbuildings and pretty gardens, £200,000