Guest guest Posted October 29, 2006 Report Share Posted October 29, 2006 The belief that lunar cycles affect how we think and act is widespread and old as the hills, yet, understandably, scholars have struggled to find evidence to support it. That’s not necessarily because the belief isn’t valid, suggest Ilia D. Dichev of the University of Michigan and Troy D. Janes of SUNY Buffalo; the problem could be that many studies examine extreme behavior and thus work with small samples. So for their own research, Dichev and Janes turned to stock markets, where hundreds of millions of people make countless decisions daily. After all, they point out, if a full moon brings on depression and pessimism, as legend has it, mightn’t it trigger a gloomy outlook about future cash flows, leading to risk-averse investing and causing stock prices—and returns on investments—to tank? Indeed, their comprehensive review of 25 stock exchanges over the past 30 years does show a strong correlation between lunar cycles and stock prices. The chart below illustrates findings for the G-7 nations, where, in every case, the annualized mean daily returns are higher around the new moon than around the full moon. The same pattern holds for all the exchanges examined in the larger study except Oslo’s, where the difference is essentially zero. (For the full study, go to http://ssrn.com/abstract=281665 astrologerashutosh <astrologerashutosh (AT) (DOT) fr> wrote: Dear John, Is it a coincidence that you are in your birth nation when Venus is in Libra and your dashas are mer-mer-venus. But, with the combust state of both Mars and venus presently, in transit, some caution is needed on money fronts. The change in Jupiter's sign from Libra to Scorpio (again indicating more travels) will influence your career and finances positively. We also hope to get some more brilliant astrological inputs from your side during Jupiter's transit in your fifth house. Rahu has entered over natal rahu. Take care of health. All the best. Regards, Ashutosh - John valist Sunday, 29 October, 2006 16:09 Greetings from Manila, Philippines To all: Just want to say hello from Manila. I'll be here for about two weeks. As far a jyotish is concerned, I have not met anyone who is familiar with the science over here. Nonetheless, the Mercury in my chart which is rather questionable appears to give me some benefits. Since it is in the 11th house of the Arudha lagna, I have been able to get a good deal on dental services. I've saved at least $600 from that work alone as compared to the prices in San Francisco, CA. Undoubtedly, I'm not going to press my luck and visit my relatives at my home town. Regards, JR Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.