Talk:Financial astrology/Archives/2014

Worded to benefit the concept of financial astrology.

The article compares critics' views of using astrology to predict stock market movements with technical analysts' views about the usefulness of market fundamentals as a predictive method. This creates the conception that using astrology to predict the market is possibly as valid as technical analysis or other methods of market prediction that undergo actual scientific testing and research. I do not believe financial astrology has undergone the same scrutiny as technical analysis or other popular methods. If financial astrology has undergone the same scrutiny as other methods then add those references here.

The first known use of Financial Astrology was in the city of Babylon, where clay tablets were found giving astronomic observations and the prices of six commodities monthly for five hundred years. "The Bourse of Babylon - Market Quotations in the Astronomical Diaries of Babylon" by Alice Louise Slotsky, CDL Press, (1997) was the expansion of her 1992 Yale doctoral dissertation, The Bourse of Babylon: An Analysis of the Market Quotations in the Astronomical Diaries of Babylonia. The more usable data was from -463 to -72 B.C.E.

Although we have not yet traced the saying attributed to J. P. Morgan about Billionaires using astrology, if you visit his former offices, now the Morgan Library on 36th Street in New York, you can look up and see the considerable influence of zodiacal signs and symbols around the top of the ceiling.

The definitive work on this subject, "Financial Astrology" was written by LCmdr. David Williams, head of the purchasing department at Consolidated Edison Co. in New York for over 40 years and a Lt. Commander (USN) during WWII published by The American Federation of Astrologers (1982), of which he was a long time director. He was one of several people mentioned in The Wall Street Journal article of April 16, 1963 for using astrology in market analysis. True to the form of establishment disdain for what they do not wish to understand, his obituary in the New York Times fails to mention anything about his lifelong pursuits. AstroEconomist (talk) 05:13, 21 January 2014 (UTC)