Pluto's Relevance to Trading

Pluto’s substantial role in financial markets was disregarded when, on August 24, 2006 the International Astronomical Union declared that Pluto was not a planet.

The ultra-rich trader J. P. Morgan was known to have consulted with astrologer Evangeline Adams in timing his investment strategies.

Legendary trader W. D. Gann used planets, including Pluto, to forecasts stock prices. He often picked the exact top and the exact bottom of a stock’s price trend. He even gave public demonstrations of his trading in which he made returns on his capital of over 4000%. His methods are followed today by many traders. Tools for some of his methods are included in popular charting programs such as TradeStation (which has a Gann Fan tool).

As of 1997, approximately $14 billion worth of investments in the U.S. and Europe was based on astrological analysis, according to Henry Weingarten in his book Investing by the Stars.

The use of astrological analysis, often called “Financial Astrology”, by leading and even not-so-leading traders make it a substantial (if not huge) force in the financial markets.

We'll chat again soon ...

Copyright 2006 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
eMail me Comments