Money: Welcome to the Planet Finance

Can astrologers help when you invest? asks Edmund Tirbutt

You may think that market sentiment and management action (or lack of it) directs the fortunes of your share portfolio. Some would say there's more to investment than that. Astrology, which is the study of how planetary positions influence life on earth, is taken exceedingly seriously by some investment professionals. They just don't want you to know about it.

Specialist financial astrologers report that they are consulted on a regular basis by fund managers but are not prepared to name clients. We asked 18 leading investment groups whether any of their fund managers used astrology to assist with their investment decision making - all replied that they didn't.

Astrologers cannot advise in an official capacity because they are not licensed to give advice under the Financial Services Act, so it is possible that those fund managers who consult them don't tell their employers.

It's a secretive world, but there's a lot of activity out there, and several astrologers make a decent living out of predicting stock market movements according to the stars. Interest in this field has boomed since the stock market crash in 1987, which was accurately predicted by many of them. Since then they have boasted a formidable string of triumphs, claiming success rates as high as 85 per cent.

A small survey of independent financial advisers found only one who was broad-minded enough to comment on the record. Fiona Price, managing director of Fiona Price & Partners, in London, says: "I know that some major investment companies use astrology and I have used it in my own personal life for many years and found it extremely effective. I see no reason why it shouldn't be equally effective in investment management."

Financial astrologers, or indeed any kind of astrologers, do not attempt to paint a definite irrevocable picture of what will happen in the future. They point instead to strong influences that may lead to situations coming about. A knowledge of these can assist with investment timing decisions.

Christeen Skinner, a leading business and financial astrologer in South London, says: "I think it's almost irrelevant whether you are using astrology, pigs entrails or Swiss rainfalls. You have to use what works and it's simply a fact that planetary movements affect the markets. People should be comforted by the fact that most of what has happened during the past 15 years has been predicted by astrologers."

Nobody is likely to take much comfort in her predictions. The investment implications of the Kosovo campaign are apparently huge and she sees no end to the conflict. She suggests a long and bloody ground war will be accompanied by hungry populations from Russia and China invading Europe as crop shortages result from changing weather patterns dating back to 1990.

Over in the US there are well-developed internet sites offering astrological tracking of the markets. AstroEcon interprets planetary movements for investors for $100 (pounds 60) a quarter (see box).

Robert Hitt, who runs the site, says: "The long-term investor should be on notice that alignments in May 2000 are once-in-a-few-thousand-year celestial events that should be the focal point of some kind of global crisis. As markets usually discount these things in advance, the low in stocks should come earlier than May 2000, maybe in October to December 1999."

Not surprisingly, many commentators rubbish astrological predictions. Dr Dorothy Rowe, a psychologist and author, for example, expresses great sadness that so many otherwise intelligent and thoughtful people believe in astrology.

In the Real Meaning of Money (HarperCollins pounds 7.99) she writes: "This fantastic notion that planets millions of miles away from us determine our destiny may have been around for thousands of years, but that doesn't make it true. Human stupidity can be impregnable to reason."

n Further information: `Astrology as an investment tool', a seminar by Christeen Skinner, takes place on 5 June in London. Cost pounds 65. Call 0181-698 7421. A good introductory guide is `Money & The Markets: an Astrological Guide' by Graham Bates & Jane Bowles. From Equinox, pounds 9.99.

YOU READ IT HERE FIRST

Robert Hitt, at US website AstroEcon, highlights some important days for investors with an eye on planetary movements. More information at http://www.astroecon.com

31 May. This is a high-energy period as markets should be on or near a short-term high. The influence of Pluto may cause any rally to be sharper because of a stimulation of the element of greed.

24 June. This is a crisis day that should be very tense. Days such as these often present opportunities to invest on weakness when prices are low. Watch Russia for a crisis period.

8 August. This is a Grand Cross (four planets at 90 degrees) involving the sun, Mars, Uranus and Saturn. A Grand Cross can be considered a "constantly rotating crisis". This period may only last a few weeks but may leave a lasting result. Extreme caution is urged on speculation. This may be associated with a very large drop in stocks.

Sport
Premier League Live
footballLIVE Follow all the Premier League action as it happens
Life and Style
3D printed bump keys can access almost any lock
gadgets + echSoftware needs photo of lock and not much more
News
The slice of Prince Charles and Princess Diana's wedding cake and the original box from 29 July 1981
newsPiece of Charles and Diana's wedding cake sold at auction in US
News
James Argent from Towie is missing, police say
peopleTV star had been reported missing
PROMOTED VIDEO
Arts and Entertainment
Gregg Wallace in Summer's Supermarket Secrets
tv All of this year's 15 contestants have now been named
News
i100(and it's got nothing to do with the Great British Bake Off)
Arts and Entertainment
Inside the gallery at Frederick Bremer School in Walthamstow
tvSimon Usborne goes behind the scenes to watch the latest series
Life and Style
A picture taken on January 12, 2011 shows sex shops at the Paris district of Pigalle.
newsThe industry's trade body issued the moratorium on Friday
Arts and Entertainment
Could we see Iain back in the Bake Off tent next week?
tv Contestant teased Newsnight viewers on potential reappearance
Life and Style
Silvia says of her famous creation: 'I never stopped wearing it. Because I like to wear things when they are off the radar'
fashionThe fashion house celebrated fifteen years of the punchy pouch with a weighty tome
News
ebooksAn evocation of the conflict through the eyes of those who lived through it
News
i100
Voices
The Ukip leader has consistently refused to be drawn on where he would mount an attempt to secure a parliamentary seat
voicesNigel Farage: Those who predicted we would lose momentum heading into the 2015 election are going to have to think again
Arts and Entertainment
Cara Delevingne made her acting debut in Anna Karenina in 2012
film Cara Delevingne 'in talks' to star in Zoolander sequel
Sport
Mario Balotelli pictured in his Liverpool shirt for the first time
football
News
i100
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Network Engineer (CCNP, CCNA, Linux, OSPF, BGP, Multicast, WAN)

£35000 per annum: Harrington Starr: Network Engineer (CCNP, CCNA, Linux, OSPF,...

DevOps Engineer (Systems Administration, Linux, Shell, Bash)

£50000 per annum: Harrington Starr: DevOps Engineer (Systems Administration, L...

Data Scientist (SQL, PHP, RSPSS, CPLEX, SARS, AI) - London

£60000 - £70000 per annum: Harrington Starr: A prestigious leading professiona...

Financial Technical Consultant (C++, C#, Finance, MSc, PhD)

£50000 per annum: Harrington Starr: Financial Technical Consultant (C++, C#, F...

Day In a Page

Ukraine crisis: The phoney war is over as Russian troops and armour pour across the border

The phoney war is over

Russian troops and armour pour into Ukraine
Potatoes could be off the menu as crop pests threaten UK

Potatoes could be off the menu as crop pests threaten UK

The world’s entire food system is under attack - and Britain is most at risk, according to a new study
Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Seoul's plastic surgery industry is booming thanks to the popularity of the K-Pop look
From Mozart to Orson Welles: Creative geniuses who peaked too soon

Creative geniuses who peaked too soon

After the death of Sandy Wilson, 90, who wrote his only hit musical in his twenties, John Walsh wonders what it's like to peak too soon and go on to live a life more ordinary
Caught in the crossfire of a cyber Cold War

Caught in the crossfire of a cyber Cold War

Fears are mounting that Vladimir Putin has instructed hackers to target banks like JP Morgan
Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years

Salomé: A head for seduction

Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years. Now audiences can meet the Biblical femme fatale in two new stage and screen projects
From Bram Stoker to Stanley Kubrick, the British Library's latest exhibition celebrates all things Gothic

British Library celebrates all things Gothic

Forthcoming exhibition Terror and Wonder: The Gothic Imagination will be the UK's largest ever celebration of Gothic literature
The Hard Rock Café's owners are embroiled in a bitter legal dispute - but is the restaurant chain worth fighting for?

Is the Hard Rock Café worth fighting for?

The restaurant chain's owners are currently embroiled in a bitter legal dispute
Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival

In search of Caribbean soul food

Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival
11 best face powders

11 best face powders

Sweep away shiny skin with our pick of the best pressed and loose powder bases
England vs Norway: Roy Hodgson's hands tied by exploding top flight

Roy Hodgson's hands tied by exploding top flight

Lack of Englishmen at leading Premier League clubs leaves manager hamstrung
Angel Di Maria and Cristiano Ronaldo: A tale of two Manchester United No 7s

Di Maria and Ronaldo: A tale of two Manchester United No 7s

They both inherited the iconic shirt at Old Trafford, but the £59.7m new boy is joining a club in a very different state
Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone