Stock Market Astrology Part VIII

Technical Analysis alone cannot identify the initial primary trend andrnthinks that the start of the Primary Bull Market is a bear rally. Converselyrnthe start of a Primary Bear Market is seen erroneously as a bull decline.rnStock Market Astrology sees these initial points in an intuitive flash ! Itrnis clear that Predictive Astrology can supplement Technical and FundamentalrnAnalysis ! We do not claim that all predictions of Stock Market Astrology will be centrnpercent accurate. If it was so then astrologers would own half the world. Werncan say that Probability for accuracy is 70% ! While Mundane Astrology givesrnus the political map, Financial Astrology gives the economic picture of thernnation. Technical and Fundamental Analyses are good diagnostic tools in thernstock market. But they cannot attain perfection without PredictivernAstrology, which itself is another diagnostic tool ! Determination of Trends as per Dow Jones Theory Let us analyse how Dow Jones determines trends. "Successive rallies penetrating preceding high points with ensuing declinesrnterminating above preceding low points offer a bullish indication.rnConversely, failure of rallies to penetrate previous high points withrnensuing declines carrying below former low points is bearish. Inferences sorndrawn are useful in appraising secondary reactions and are of majorrnimportance in forecasting the resumption, continuation or change of thernprimary trend. A rally or a decline is defined as one or more dailyrnmovements resulting in a net reversal of direction exceeding three percentrnof the prices of either average. Such movements have but little authorityrnunless confirmed in direction by both averages, but the confirmation needrnnot occur on the same day. " ( The ABC of Stock Speculation ). What it means is that the Bear Phase is characterised by falling resistancernand support levels & Bull Phase vice versa ! Theoretically nice, but all this is very difficult to implement. Intuition alone can identify trends Determination of trends is the major factor for stock market success. Wernfind that there is confusion in applying the principles of TechnicalrnAnalysis. A crash of the market may be seen as a bull decline and the startrnof a Primary Bull Market may appear as a bear rally. Again the duration ofrnthe Bull Phase or a Bear Phase is not known to Technical Analysis.rnThe British philosopher Schelling defined Intuition as " that faculty of thernAbsolute, which perceives the Absolute as the Absolute ". In other words,rnIntuition alone can see Reality. Aurobindo averred that " behind thernphenomenal world is the Transcendent Reality which Intuition alone can see".rnIt was Intuition alone which revealed the Ultimate Reality to Aurobindo,rnRamana Maharshi & Sankara . If Absolute Reality can be known by Intuition, why not stock market trends ? Celestial causes for the rise of the Indian economy Jupiter, the significator of finance, in India's lunar second, in the Housernof Wealth can only mean an economic boom. Rising GDP growth ( as per CMIErn8.5 % ), rising agricultural growth ( 4.3%), rising forex reserves ( $ 276rnbillion ) and rising exports. Steel exports have risen to 47%, software 34%rnand auto 34%. . It is true that one negative factor, Saturn in the 2ndrn risingrnimports ) is detrimental to the Indian economy. Dow Jones Theory is not Infallible It is not an infallible system of beating the market and its successful usernrequires serious study and the summing up of evidence must be impartial. Thernwish must never be allowed to father the thought There are slight complaints that our articles are too informative or toornintellectual. What we have done here is to acquaint ourselves with the DowrnJones Theory, which are the collective research findings of Charles Dow,rnHamilton & Nelson and to incorporate Intuition, which alone can determinerntrends ! Right information is crucial to success. Adam Smith, the father ofrnEconomics remarked that " there is no substitute for information. Thernmarket is not a roulette wheel. Good ideas and good research are an absoluternnecessity in the market place ". We are one of the best researched dotcomsrnin the world. Stay invested and we will warn you about the dangers ahead !