Rick Ackerman thinks the fault does indeed lie with the stars:

“We peruse the Wall Street Journal’s stock-market round-up each day not to find out why stocks may have risen or fallen, but to determine what factors are conventionally thought to have caused such price movements to occur.

This is an important concern for forecasters, since, even if one attempts to get a read on the market using purely technical means, it still helps to understand what is on the diseased brains of the coprolagniacs whose job it is to manipulate shares to the certain benefit each day of Goldman Sachs, J.P. Morgan and other officially sanctioned predators of the securities world. The very difficult task of explaining the stock market’s behavior to readers of the Journal falls most often to columnist Peter McKay, and we don’t envy him his job.

Because he works for one the most important and prestigious financial publications in the world, it simply won’t do for him to say, as we might (and often do), that stocks rose or fell the previous day for no good reason at all – or at least, for no reason remotely related to reality. We think celestial factors play a far bigger role in this than mainstream pundits will ever be permitted to acknowledge, and that a gypsy fortune teller is therefore better equipped than the highest-paid analyst on Wall Street to tell us why the broad averages are likely to go either up or down.

My Comment:

We have a long standing interest in Vedic (and Western) astrology ourselves. And we know many excellent practitioners who called the market crash of 2008 with considerably more accuracy than the average Wall Street expert.

We like to think of astrology as the ancient version of Socionomics (Robert Prechter’s term for the influence of mass mood on the markets). Prechter, and Charles Elliot with his waves and cycles, repackage for modern consumption some of the complex practical techniques of cycles found in astrology..

But to know that you would need to know history, which doesn’t seem to be a popular study among the masses of men.

“History is bunk,” said Henry Ford, who knew how to cater to those masses.

Modern man agreed.

We gained the car, suburbia, a false sense of time and space, and an addiction to oil.

The ancients, who spent less time zipping up and down to nowhere, had no suburbs or malls or clever plastic toys. But they had more time to observe the cycles of the seasons and the stars. And they had a truer sense of how human beings are situated in space and time.