Investing by the Stars: Using Astrology in the Financial Markets

Henry Weingarten is quite the character, and he was a fairly big influence on my later career as a trader. When I met him in the late 80's he was the head of the New York Astrology Center, but he ran a computer consulting service on the side. I was an independent computer consultant/programmer working as a subcontractor. Now here comes the good part.....when I went to my initial interview for a consultant position, instead of looking at my resume for even a second, Henry asked for my birth date and time! He then put the date and time into his computerized astrological program and ran his chart on me. I was amazed and a little amused as Henry and his partner read my chart, and offered me a position. Apparently something they saw in my chart impressed them enough to give me a job....but they wouldn't tell me what those characteristics were!Soon after I began working with Henry, I would come into his office each morning, and find him with his portable Quotron attached to his hand, punching in figures and symbols into his computerized astrological-financial program, and barking orders to his broker on the phone! As I worked I made mental notes of Henry's trades. When I got home at night I would check the WSJ to see how he did. In most of his trading, Henry was doing well. By and large, the stocks he purchased went up and his short calls would usually fall! I started copying some of his long calls on my own, but never in such large quantities. Maybe a hundred or two of Electronic Arts, etc. I don't know how he did it, but according to my calculations, Henry consistently made money, and therefore I made money as well!Granted, during the incredible bull run of the 90's, and before the tech meltdown of 2000, just about EVERY trader was making money! I have not read Henry's book, and therefore am unable to offer any recommendation, but it seems there is some method to his trading. My advice is watch the technical indicators, keep an eye on overall market sentiment, and develop a strong gut instinct for talented companies. Good luck......

Of all the astrology books I've read dealing with finance and the markets (around 15 of them), this is the MOST obtuse of them all. The author gives examples of his own successful "predictions," while ignoring all the failures. It's as if I went to the racetrack and came back telling you about the horses I picked and money I won, describing my amazing deductions for selecting winners, but neglected to tell you about the losers and the fact that I came away with an empty wallet. Through it all the author's inflated opinion of himself is made glaringly obvious, which makes the whole reading experience even more annoying, if possible.

I found the book interesting, you have to understand astrology to make it work. A friend of mine who is an astrologer astrologyguidance com site, has done astrology stock predictions with good results, so the concept works.