Guide to Practically Everything
by Peter Bernstin
and Christopher Ma
(Random House, 1995).
Does astrology affect the stock market? Arch
Crawford, called “Wall
Street’s best-known astrologer” by Barron’s is convinced it does. In his much read newsletter, Crawford
Perspectives, Crawford uses astrology and a variant of financial
indicators to forecast favorable times to trade stock, bonds,
and gold. Skeptics should note that the newsletter is often
top market timers in the popular rating services.
explains what astro-investing is all about:
What’s the connection between the planets
and the stock market?
Planets affect the market through electro-magnetic fields.
The planets stir the sun's surface and the resultant
particle flows affect the earths magnetic fields and weather. Nearly
30 years of astronomical research have proven to me beyond
any doubt that planetary movements exert an importance
on people, just as they do on ocean tides, and that the changes
they cause in behavior are reflected in the stock and commodities
markets. In the mid-1970’s, I made what I believe is
a quantum leap in marketing prediction by correlating numerous
planetary cycles with the movements of the Dow from 1897
through 1970. I found that the reliability factor in catching
the course of the stock market runs very high.
How did you
get interested in astrology?
In the early 1960’s I was struck by a front page article
in The Wall Street Journal about David Williams, who had
developed a way to predict the direction of the stock market
by using the relative position of the planets. That stirred
my interest. I was also influenced by John Nelson, who was
a radio propagation specialist for the RCA Corporation during
the 40’s and 50’s. He showed that the
alignment of the plants in relation to the sun helped him
time sunspots and solar flares, helping his company reroute
radio transmissions efficiently. Later, when Nelson retired,
he would call me and tell me that a flare was in progress,
for example, and that radio communications across the Atlantic
were totally blocked. I would then call a broker and find
out that, typically, the stock market was dropping sharply
and that gold was rising during the electro-magnetically disturbed
Why did you begin to introduce astrology into forecast?
When I was a technical marketing analyst at Merrill Lynch,
I started to sense that there was something lacking in
traditional econometrics models. I observed, for example,
is often little relation between news reports about a stock
and the price of that stock. Around that time, I became
interested in astronomy and began to use sunspot activity
and astrology to chart the
market and commodities market. By using astrology, along
with a lot of technical analysis, I have an edge over people
who simply rely on numbers.
What factors other than astrology
do you consider in making your forecasts?
Astrological events may signify a turning point, but they
don’t always indicate in which direction. As a former
technical analyst at Merrill Lynch, I also maintain 28 technical
marketing indicators, including the volatility of the most
active Big Board stocks, the number of new highs and lows,
and advances versus declines.
What happens if the astronomical readings and the technical
findings don’t agree?
As technical data becomes more available, I would move more
heavily on that side. But some types of planetary configurations,
such as eclipses or multi-planet alignments, override such
What’s your advice for the long term?
Stay extremely negative on the long term through 1996.
Even those bearish people who believe in a good correction
conceive of a long lasting bear market similar to 1972
to 1974 of the period form 1966 to 1982, where the Dow
industrials languished under the impenetrable 1000 level.
We are afraid of the long term marketing and atmosphere.