FATE
Magazine
Vol. #46 No.4 Issue 517, April, 1993, pp. 72-81.
“Arch Crawford foresees the unforeseen on Wall Street”
by Ingo Swann
Late afternoon on December 9,1992, a soft
spoken and extremely unpretentious man entered the stately
Princeton Club in New
York city, where he unobtrusively joined a growing crowd collecting
for dinner and then an unusual evening lecture. There was visibly
little about him to suggest he had achieved a special place
of earthquake-like proportions in economic history.
Amazing
Prognosticator
Yet, after dinner, he rose as the evening’s featured
speaker on behalf of the ultra-scientific Society for Investigation
of Recurring Events. His lecture was entitled “Potential
Marketing Turning Points for 1993—Dates to Watch.” So
his listeners knew they were in the presence of an economic
and financial prognosticator, of which there have been many—but
most of whom, as history attests, have been little better
in their foreseeing than average gamblers.
In this case,
though the speaker was Arch Crawford—the
possessor of a long chain of dramatically correct economic
predictions (or “calls”) which, since 1977, have
increasingly astonished Wall Street analysts. If all such
things were equal, such a chain of successful predictions
might get
the amazing Arch seats on important economic boards or councils.
But there is a significant problem in his case. The
soft spoken Arch Crawford uses astrology and openly states
that
he does.
His monthly newsletter, Crawford Perspectives, is filled
with astrological terms and always ends with a list of “Key
Astronomic Activity” that summarizes important planetary
phenomena he predicts will affect the future course of economic
affairs. Thus, the large audience at the Princeton Club had
gathered to seriously listen to an astrologer.
Astrology Debunkers?
The dimensions of the problem come more into focus when two
conflicting facts are realized: scientists and mainstream
economists have worked overtime to debunk astrology; yet Crawford,
an admitted astrologer, recently has been rated the #1 long-term
timer for 1992 by Timer Digest (the prestigious economic
“watch dog” publication based in Greenwich, CT.)
A timer is someone who predicts the date or period when specific
economic phenomena will occur.
One of the regular features
of Timer Digest is a monthly reporting of the current
opinion of various forecasters and
an analysis
of how accurate their forecasts have been through each monthly
and yearly period. Some 1,000 newsletters attempting to forecast
economic affairs are published in the United States. The
long-term-timer category is measured over a period of 104
consecutive weeks
(two years), and is an excellent test for the forecasters
and their predictive models. Timer Digest identifies the
top 12
long-term timers based on the continuous accuracy of their
calls, of which Arch Crawford has been #1 during the last
two years.
Thus, Arch has tested the anti-astrology camps that gravely believe and teach that astrology is superstitional
gibberish. Horrendous
1987 Crash
His successes, naturally, have caused confusions and sarcastic
interpretations. One of his most remembered predictions occurred
when, in his August 8, 1987 newsletter, Crawford dramatically
warned of an imminent “horrendous” stock market
crash. With remarkable courage, he grimly advised his subscribers
that his “long-term sell signal is set in stone”
and to “be out of everything by August the 24th”
indicated that unusual “geocentric planetary arrangements”
would put an end to the long-enduring bull market at that
time.
His forewarning was received with skepticism,
specifically because it was based on “planetary
arrangements.” Fifteen
days before August 24th, journalist Beatrice E. Garcia (writing
in The Wall Street Journal August 10, 1987) poked fun at
his prediction, saying that Crawford, who “believes
that the heavens dictated the start of the bull market in
1982 now
is expecting some momentous happenings in the galaxy to signal
an eventful close (of the bull market) in the weeks ahead.”
The same
prediction was also picked up by journalist Caryl Buckstein
who, in August 24,1987 issue of The National
OTC Stock Journal, indicated that Crawford “sees
a top for the five-year-old bull market in the stars and planets.”
Similar giggles cascaded through other media outlets. The
giggles faded when the top of the five-year- long bull market
occurred on August 25, dropping 1000 points by October 20.
Wall Street’s
Astrologer
Although economic analysts and media pundits choke on the
world astrology in keeping with anti-astrology conditioning,
it would
be clear that if Crawford sanitizes his newsletter and advisories
of all astrological terminology, he would have quickly ascended
to a high place and influence in conventional economic mainstreams.
Instead, the esteemed financial publication Barron’s (May 9, 1988) began referring to him not as an important
economic forecaster, but as “Wall Streets best known
Astrologer.” And,
not knowing how else to explain this #1 rated forecaster,
Timer Digest (August 24, 1992) finally wondered in print “Why
is an astrologer the number one stock market timer over the
last two year period?”
Why, Indeed? The
answers must begin with admitting that the word astrology
is seen as perjorative in the light of conventional “wisdom.”
Crawford’s status as “Wall Streets best known
Astrologer” is woo-woo and sensational enough to attract
the interest of television’s 20/20, Good
Morning America, Sightings, The Geraldo
Rivera Show, The Wall Street Journal Report
and the prestigious Nightly Business Report. But
the clearest fact of the matter concerns not the hype that
stigmatizes Crawford as “an astrologer,” but that
he demonstrates that the planets do affect the course of events
on Earth. The confusion arises because Crawford’s astrology-based
predictive model conflicts with our culture’s anti-astrological
programming that is perpetuated by conventional science and
academe that are ignorant of those effects.
One
of the basic things Arch Crawford has done is one
which anyone can do with enough determination to achieve
it: he
has reclaimed himself from the socially-perpetuated anti-astrological
ignorance into which he was born. And so Timer Digest’s question as to why an astrologer is the number one stock
market timer is, in a roundabout way, actually asking why
our society
abounds in astrological ignorance.
There is very little justification
for socially-engineered astrological ignorance since it is
easy enough to tabulate
predictable correspondences between planetary phenomena and
events on earth. It has been known for centuries that the
two planets Jupiter and Saturn line up (are in conjunction)
about
every 20 years, and that an economic phase-shift, a slumping
stock market, often occurs on earth.
It has also been known for centuries that eclipses of the
moon and sun “trigger” specific kinds of bad
news earth-events.
Eclipses are “Ends”
In economic terms, the eclipses often correspond to the
sudden ends of up-swinging currency speculations and
other economic
phases, political speculations and certain natural growth
cycles. Throughout history until today, astrologers grimly,
but knowledgeably,
await eclipses and their largely predictable effects. Astrologically-ignorant
societies experience the bad-news effects with out realizing
that they can be predicted and guarded against.
Thus, a large part of Timer
Digest’s significant questions can be
answered by considering anti-astrological social programming.
But, as is the case regarding any socially-installed ignorance,
the stigmatizing inertia of anti-astrological programming
is hard to overcome, or even admit to. When given astrologers
successfully predict what any astrologically enlightened society
might expect, it is the astrologer who is deemed uncanny,
strange, eerie, and so forth. When all the while it is the
astrological ignorance which is uncanny and eerie.
Arch Crawford has the
longest record of correct predictions by astrological
means. He is by no means the first efficient
astro-economic prognosticator. For example, outside of astrology
circles, it is not well known that the eminent financier
J.P. Morgan (1837-1913) sought frequent advice from the astrologer
Evangeline Adams. Morgan (arguably one of the greatest financiers
of all time) is credited with saying that mere millionaires
may not need an astrologer, but billionaires do.
Case for
Astrologer
When eminent financiers, such as J.P. Morgan, and eminent
publications such as Timer Digest, are obligated to take
note of astrologers,
it is not very enlightening simply to giggle because an astrologer
has become involved. Rather, the question turns on what the
astrologers do. If the role astrology has played throughout
history was not excluded from history books, what astrologers
do would have become visible long ago.
The two foundational
premises (or principles) of astrology are set forth clearly
by the astrological historian John
Anthony West in his excellent 1991 book, The Case for Astrology,
which
is the best summation of the overall state of astrology as
of today. The two foundational premises lead to two different
kinds of astrology, are:
(1) Those correlations exist between celestial and terrestrial
events. The study of correlations is often referred to as “natural” astrology.
(2) That correspondences exist between the position of the
planets
at birth and human personality. The study of the
correspondences
is referred to as “judicial” or “birth” astrology.
For clarification: in nature astrology,
correlate refers to reciprocal or mutual relationships,
to either of two things
so related that the existence of one implies the existence
of the other; in judicial astrology, correspond means to
be
in conformity or agreement with the “meanings” of
the planets.
The premise of judicial astrology is
the basis for delineating human personality-activity
profiles via the
birth (nativity)
horoscope of an individual. Most anti-astrology skeptics
ignorantly assume that judicial astrology is the whole of
astrology, whose
limelight status in modern times was largely inspired (about
1890) by the cleaver marketing techniques of the famous astrologer,
Alan Leo (1860-1917), who first mass-produced cheap superficial
horoscopes “for the millions.”
Arch Crawford’s
Model
Anyone interested in Arch Crawford’s model, though,
should not confuse nativity-astrology with what he does,
for he deals
exclusively with what has always been the first premise of
natural astrology that celestial (planetary) events correlate
with terrestrial events. Since the correlations can be statistically
demonstrated , and are cyclic in nature, knowledge of the
correlations serves as the basis for predicting what kind
of events will
occur and recur “in time” (so to speak) with
specific planetary arrangements.
That earth
events do correlate with planetary motions and positions
has been rediscovered by scientists who study cycles. The
most commonly acknowledged event cycles are those of growing
and decline, ups or downs, or presence or absence of phenomena
which repeat in some periodic kind of way. Ancient and contemporary
natural astrology focus on correlating these cycle-events
to planetary motions and predicting forthcoming cycle-events
because of forthcoming planetary motions.
The existence of natural
astrology, along with astrology proper, has prejudicially
been excluded from modern history
texts.
Thus we do not realize that many otherwise very important
historical figures were natural astrologers.
For example,
Sir Francis Bacon (1561-1626), the English “philosopher
and statesman “ of enormous historical renown, was
also a natural astrologer. As pointed out by the astrological
researcher,
Patrick Curry, in his careful book Prophecy and Power: Astrology
in Early Modern England, Bacon advocated that it would be
possible to use "celestial indicators" to produce
reliable predictions of the weather, plagues, and crops,
as well as
of “seditions and schisms.”
Complexities Abound
It has to be stated, though, that astrology, astrocycles,
and astro-economics are enormously complex subjects. It is
unlikely
that the average astrologer unskilled in today’s complex
economic affairs, or the average economist ignorant of astrological
implications, can become either Timer Digest #1 rated long-term
timer or Wall Street’s most famous astrologer. Thus,
Arch Crawford must be something other than an astrologer.
Born in
Durham NC into a family of lawyers, he spent his
childhood in nearby Oxford where the family was active in
political affairs (his grandfather and uncle had been mayor).
Crawford early developed a fascination with economic and market
matters. When most of us would be worrying about our pubescent
glandular shifts and reducing our minds to fit into local
peer limitations, Crawford at the age of 12 began trading
penny stocks and was successful trading in the stock market
proper at age 14.
Upon entering college, the
lure of the market proved to be too much to resist.
At the age of 20 (in 1961), he dropped out of the University
of North Carolina at Chapel Hill and went to work for the
Raleigh office of Merrill Lynch. He subsequently transferred
to Merrill Lynch’s New York offices where he was quickly
drafted into their research department, and became assistant
to Robert Farrell, Merrill Lynch’s top-ranked technician.
Crawford designed better ways to chart stocks and economic
and financial trends and began drawing economic and financial
trend line charts so accurate (as it turned out) that he was
invited to advise industry specialists on probable market
ups and downs.
Based on his knowledge of economic
trends and cycles alone, in November 1961 he predicted
that a stock market high would
be reached during mid December (which came about on December
13), and that the biggest crash since 1929 would occur after
February 1962. The crash began in April, and the biggest
crash day was on May 29. This, and he was not yet an astrologer.
It is fair to say that Arch Crawford was already a superior
market analyst, in conventional terms, by the age of 21 when
most of his peers were still preoccupied with sex, glamour
and what to do with the rest of their lives.
In one of
my interviews with him, I asked when and how his
interest in astrology began and why he dared to undertake
its study in the face of its broad damnation, especially in
economic circles. He said that his interest was “tweaked”
in 1963 when he was “was young and impressionable”
by an article in the Wall Street Journal about Lt.
Commander David Williams, a noted economist who had been predicting
the market via the relative positions of the planets. Crawford
“ran right out and bought some basic astrology books,”
among which was Donald Bradley’s Stock Market
Prediction, first published in 1948. Bradley (1925-1974)
was a prominent astrological researcher who had scandalized
science by proposing that (natural) astrology could be studied
scientifically by conducting statistical studies of astrological
correlations.
By the end of 1964,
Crawford had taught himself “a great
deal about statistical astrology” and had
begun to prepare analysis charts to see how planetary configurations “intervened” in
or “changed the patterns of normal economic trends
and cycles.”
When I asked how his coworkers at Merrill
Lynch view his new astrological interest, Arch gave
one of his rare smiles
saying,
kindly to be sure, that they were “amused.” But,
he went on, “I made a lot of money in the market in
my early uses of astrology.”
In 1977, after a career
of working in several major financial houses, Crawford
formed his own market advisory business
and began publishing his newsletter Crawford Perspectives.
This
newsletter (which was openly an astro-economic publication
using astrological terms and discussing planetary positions)
caused laughter among economic “pros” who held
(as many continue to do) that any market judgment based on
astrology must be fraudulent. Needless to say, in spite of
his earlier reputation, Crawford immediately fell from grace
as a “proper” economic evaluator. He was subtly
shut out of many “normal” economic circles that
are academically and scientifically protected against anything
astrological.
Fraudulent Market Judgments or Not?
Here a leading question must be asked. Why would market
judgments (or calls) based on an astrological model
be fraudulent if
they proved correct? And especially if their high percentage
of correctness can be demonstrated over the long-terms of
several years in the published Crawford Perspectives has
represented
since 1977? Crawford’s astro-cycles effectively and
correctly call averages around 80 percent, with some grudging
analysts
crediting him with 87 percent.
In any event, an exceedingly
competent conventional knowledge of economic affairs has,
in Arch Crawford, met with an exceedingly
competent understanding of natural statistical astrology. “Arch,” I
asked, “can you simplify what you do in about 50 words?”
“Basically I spend a lot of time setting up and projecting conventional
cycles and trends. These would develop naturally if nothing
interrupted them. I then look for forthcoming planetary configurations
which might disrupt them in some way, and make my calls according
to how I understand what the disruption most probably will
be.”
“What,” I then asked, “was the first basis for your
confidence in planetary disruptions?”
DOW Ups and Downs “
I tracked the ups and downs
of the DOW from 1897 through 1970 and correlated them
with planetary movements and configurations.
I could see that the correlating reliability factor ran very
high—far above chance expectation. The only sensible conclusion
was that various planetary arrangements disrupted the normally
expected drift of the DOW, sometimes very dramatically. The
same is true, for example, in the copper, gold and futures
markets.”
He went on to caution: “In market trading, though,
nothing works all of the time, and future results can’t
be guaranteed. But planetary pattern disruptions can’t
be dismissed, and it makes sense to increase a refined
understanding of
them.” Increasing
a “refined understanding of them” is fairly stated,
much easier suggested then achieved. No such thing can be
achieved superficially. Not only is an intimate conventional
understanding
demanded regarding stocks, bonds, options, futures, and of
economic factors in general, but also a corresponding intimate
understanding of such matters as electron bursts from the
sun, the phases and tidal influences of the moon, heliocentric
and
geocentric astrology, and dozens of other natural astro-cycles
phenomena.
Not an Astrologer?
In fact, Arch Crawford
probably should not be called an “astrologer,” because,
first, this is misleading according to the common and vulgar
use of the word when compared to what he does, and second,
because the term, “astrologer” antagonizes our
endemic academic rejection of astrology.
Rather, Crawford
is a leading exponent of a new (essentially unnamed) field
of inquiry which, if anything, deals in identifiable
natural astro-type phenomena that
have been excluded from in-depth human understanding. If
anything, he might better be identified (with the terms
of our existing references) as an astro-cycles analyst
with a pedigree in general and special economic factors
which
permits the integration of the former with the latter.
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