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.
21 November 2014 06:44 PM
Your children have it all, your partner gets nothing
21 November 2014 07:12 PM
Halfords is gearing up for Christmas
21 November 2014 06:54 PM
Fields of dreams: venture capital trusts help young companies to grow, potentially delivering big returns for investors
21 November 2014 06:32 PM
There are many reasons for people to turn to high-cost credit, but being turned down by their banks for a loan is one
21 November 2014 07:15 PM
The £150 incentive from Yorkshire and Clydesdale runs from now until 28 February next year, but you must use the official Current Account Switching Service (CASS) and close your existing account to qualify
14 November 2014 04:42 PM
For the rising number of homeless women, the struggle is compounded by health problems and by losing their children
14 November 2014 05:37 PM
Research from Sainsbury’s Bank Credit Cards this week revealed that 15 per cent of people making a large purchase on their plastic didn’t use one with 0 per cent interest on purchases
14 November 2014 05:23 PM
Last week was hangover time, when Stock Spirits, a vodka producer, distilled a profit warning that sent its shares crashing more than 25 per cent
14 November 2014 05:17 PM
Investment melting pot: the price of gold may have fallen but Artemis Strategic Assets believes its value cannot be debased
14 November 2014 05:05 PM
Interest rates are currently as low as 0.1 per cent
14 November 2014 05:01 PM
The energy watchdog Ofgem has slammed Scottish Power, while Citizens Advice reports a string of complaints about it
14 November 2014 04:57 PM
John Lush from Hampshire got into debt with payday lenders and had the help of a debt management adviser to clear the £20,000 he owed
08 November 2014 12:00 AM
01 November 2014 12:00 AM
01 November 2014 12:00 AM
- 1 Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
- 2 To help fuel their propaganda machine against the poor, our government has now decided to redefine the word 'welfare'
- 3 Bill Cosby: Isn’t it obvious why his accusers have stayed silent up until now?
- 4 Halle Berry takes ex-boyfriend Gabriel Aubry to court for allegedly trying to make daughter look less African-American
- 5 Isis propaganda image showing 'abuse of Muslim woman by soldiers' is actually taken from Hungarian porn film
Rochester by-election: Ukip gains second MP as Tory defector Mark Reckless holds seat
'Beast of Bolsover' Dennis Skinner takes Ukip MP Mark Reckless to task moments after he is sworn in
Rochester by-election: Labour MP Emily Thornberry resigns after posting white van and England flags tweet
The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
Revealed: How the world gets rich – from privatising British public services
Exclusive: UK approved £7m Israeli arms sales in six months before Gaza conflict
iJobs Money & Business
£Attractive: Citifocus Ltd: High calibre individual with significant product d...
£Negotiable: Citifocus Ltd: Leading global bank seeks experienced credit analy...
£Attractive Package: Citifocus Ltd: High calibre individual with a high degree...
£Attractive: Citifocus Ltd: High calibre individual with superior academics an...
Day In a Page
A deceptively spacious, beautifully presented Georgian home with 3000sq ft of living space and five reception rooms
A five-bedroom Victorian home with four receptions, superb gardens and paddock in Pembury
An eight-bedroom house on the south side of the The Green with cinema, wine cellars and summer house
This 17th century beauty is full of rustic cosiness, while the detached home office means you can also run a business
This five-bedroom red-brick beauty overlooks the village green and sits in just under two acres of land
Four exclusive apartments in a Grade II-listed former medical school with 2,275 sq ft of living space and 18ft ceilings
A five-bedroom terraced house on the popular Peterborough Estate, ideally located for both Eel Brook Common and South Park
A state-of-the-art farm-building conversion on the former Cliveden Estate, with 11,420sq ft of internal space, cinema and wine cellar
A three-bedroom, 15th-century cottage with original features in the picturesque village of Sissinghurst
A six-bedroom terraced house with large south-facing roof terrace, cinema room and wine cellar
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