Your Financial Wellbeing -why You Should Trust Yourself

I have an interesting post for you to view this month. From the Financial Times UKof maylast year. Henry Weingarten, a US fund manager looks to stars. Weingarten is a financial astrologer who uses planetary movements to predict the perforamce of currencies, indicies and other assets for example commodities. The earth of astrological charting shall seem unconvential but, regarding to Weingarten, it is a many more commonly used device than you may expect.

There exists some very well known names creating use of astrology. There are a little primary fund managers and investment banks within the US and Europe that use it as two of their tools. More so in India and China which has becoming increasingly important for cash flows. But he adds that those that do use astrology tend to hold it quiet. Many wil not speak due to the fact that howcome should they?The team like an entire outperformances so howcome bring in more competition.

Weingarten runs the New York based Astrology Fund. This is an worldwide fund that uses astrological charting to make punts on commodities and other assets. The fund also advises fund managers when to trade and corporations on everything from when to initiate a takeover to where they should position their offices. He studies how planets are aligned in relation to each other and in relation to horoscope regarding the asset or country. For example Jupiter in a promoient position can mean upwards movements are more likely.

Whereas Saturn can mean the opposite. A tough Neptune can mean confusion within the markets. Weingarten claims are impressive. He says he predicted the Tokyo market crash in 1990. And the Hong Kong crash in 1997.

In 2001 he predicted there should be terrorism in september and that the markets should leave down- consequently he failed to pinpoint the exact date. Final year he forcast that within the 2nd quarter the markets should be below due to the fact that of high oil prices. And that the top regarding the market should be shall 11 or 12, which turned out to be spot on. He also spoke about oil should rally to $80 it hit 78 and then begin to drop return to $46-$55 range. There is more but I'll stop here.

This is the biggest bunch of hocos pocos I have ever read. But this is obvious this is some kind of press release. I wanted you to view this to realise that the majority of fund managers don't ever hold a clue what they can be doing. Planetery cycles??? release me a break!If you can be considering trading the markets what is holding you back. This post shows that most people trading the markets don't ever have knowledge of what theyare doing.

In this post the person claims that a little primary fund managers and investment banks within the US and Europe use astrology. He claims the team like an entire out performs. But a quick browse through the performance figures regarding the industry's cash management magazine shall display you that 95% of fund managers below perform the markets. He claims he predicted the hong Kong crash, the tokyo crash, the us housing crash, that there should be terrorism in september howcome did he not inform the president?? To those forcast I speak prove it. Anyone can speak they predicted something was going to happen AFTER THE EVENT has occured.

Notice he gives not prediction of what is going to happen within the future.