Using Astrology to Trade - Good or Bad?

We have been following the market predictions of Yogi lately to see if there’s any value in “trading with the stars”, otherwise known as Astrotrading. It was predicted that the market would retreat at the end of May and be impacted by some world event by around today (9 June 2006).

Let’s have a look at the charts to see how accurate the predictions were:

Well it seems there was no major retreat at the end of May as the retreat was already well underway and didn’t get much worse. The original post was on 10 May 2006 though - the high point you see on the chart above. So kudos to Yogi for picking the retreat even if his timing was slightly late (he still predicted it before it happened).

The other impressive thing is that a major world event did indeed happen around the 7-8 June as Yogi predicted - the death of Abu Musab al-Zarqawi. It didn’t have a huge impact on the Australian stock market but it may influence the American market more tonight.

So once again I’m stuck in limbo as to whether or not astrotrading should be considered as a viable trading method. What do you all think?

This entry was posted on Friday, June 9th, 2006 at 8:17 pm and is filed under Astrotrading, Time Analysis, Market Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.