Tuesday, October 27, 2009

Astrology does it work in markets

Lots of people laugh at astrology and just shrug it off.It is jsut like another indicator accroding to me.The funda about business and markets is cycles..History teaches us things can repeat coz it si human nature which doesnt change.The mood swings of the crowd.Why very few do well in business and markets is that they dont listen to others.Even if someone si saying somethign they look for the reason.If some guy is saying something the smart chap always thinks is it possible or not and then cut through the crap.People say speculation plays a major role and it si a all cheating game.No it is isnt just like poker you have to call the hand , if your wrong then u lose but if call it right then you win.If everything was going right mkts will always move up and never move down.There is nothing called short term or long term investment.It is the risk someone is ready to take coz eveyrone in this business is here to make money.

Astrology is also a science of stufying the patterns of mood swing recurrence. But it also depends how well you use them.It is just not predicting this plannet will do this or do that.It is a math jsut like people use Fibonacci.

I read this stupid article in which the author says markets are all about fundamentals and technicals....would love to ask him one what basis he based his assumptions.People assume that PE and other ratios are the exact way to buy somethign and sell...that doesnt move things not results not some crazy announcement the bets are always placed before that.Just like art of WAR : EVERY WAR IS WON BEFORE IT IS FAUGHT.Technicals is so vast that it is tough o say it is always a function of trendline and what not.The variables are really many but one should check what works for them and try to see the accuracy.