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From: UncleFeedle
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  • technical analysis is almost as superstitious as astrology, despite the scientific sounding name

  • @kingluke2 How is technical analysis almost as superstitious as astrology?

  • @xXxStellaAquaticaXx well I don't discount it entirely - but there are thousands of different technical analysis methods, usually involving looking for shapes and patterns in graphs - and their empirical efficacy at predicting the future hasn't really been proven. I've met a lot of practitioners who continue to lose money but talk about their pet methods with an almost religious zeal

  • I like the trumpet music before the two were introduced.

  • It's clear why he is an astrologer - he can't make good money doing anything else, apart from being a Baldrick look-a-like.

  • the astrologer Roy Gillard makes a fair point; without going too far into the 'central dogma' of the trading practice half the battle is following one's own system/analysis. there's certainly large room for deviation in outcome between what predictive accuracy indicators possess (reflect success of an analysis system) and what actual trades are made. resultant equity is the result of the latter and not necessarily the former. this is one of the few poorly controlled tests Randi has presented

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  • if we sat down with my notes, which are not written yet, we will see how right i am in hindsight

  • Let's pit this novice crew team member who's been using rowboats for years against this olympic rower who's trained on erg machines all his life. Their comparative health stats will answer whether the outdoors or the gym are conductive to human health. The results? The olympian is healthier and rowboats have no value.

  • I think venice has some Leo traits

  • There is some value in astrology but for puposes of investing it is important to be facile in technical analysis as well as astrology

  • What value is there, and what evidence do you have that this is the case?

  • no statistical evidence so it is not irrefutable. When it comes to my persoal experience it has been satisfactory for me. We are all part of creation and each is related to others. But the western mind can not or will not accept that.

  • New-age woo woo. With no evidence of astrology giving positive results under controlled conditions, there is nothing to refute.

  • If you say it is new age hocus pocus then it is, But for me I know that there is some merit to it.Astrology is a tool for selfdiscovery. for me there is some value to it

  • With 'a tool for self-discovery', I have now been given 12 distinct definitions of astrology, some of which are contradictory. If you're happy believing this stuff, it's your privilege to do so, but don't expect others to agree with you when you say there is value in it. I prefer to be as sure as I can about the world around me, eliminating as many falsehoods and misconceptions as possible.

  • if you say so. I know otherwise

  • Then provide some evidence that astrology has some basis in reality, or go away. Skeptics are not interested in unsupported claims.

  • The evidence I have is anecdotal and can not be scientifically tested yet. I do not expect anyone else to believe it. Personally I do not want to close my mind to possibilities.

  • Nor me. My mind is open to the possibility that astrology is a real phenomenon, if supporting evidence can be shown. Is your mind open to the possibility that astrology doesn't work and is nothing more than self-deception or myth?

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  • You're beginning with a preconceived belief and expecting others to prove it negatively. It's like saying "I believe in pixies and fairies, but am willing to accept that I'm wrong if someone proves they don't exist". There is no evidence that astrology is a genuine phenomenon, but you're claiming that it is, that things are different from what we observe. You've asserted that you not just believe, but actually KNOW it to be true, and your claim hasn't met its burden of proof.

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  • If you are claiming that astrology is genuine and has some function or value, please define clearly what astrology is, what it is capable of and what its limitations are.

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  • You don't need to be an expert to answer such basic questions. The fact that astrology has been around for a long time doesn't mean anything. Most of the population was deluded when they believed the Earth was flat or that the sun was a god - beliefs that similarly persisted for millennia.

  • @homousios

    Don't follow the game of this closed minded moron. He can't understand the fact that cultural things are subjective can not be measured. They only see what they want to see, no matter what. They don't understand the concept of symbolism and higher self , well explained by serious Psycholgy studies. It's beyond their rationalism. Just don't waste your energy with this dude trying to explain to him things that he is not able to digest.

  • @fkoff99 yes. you are right. Thanks

  • @homousios There is a difference between refusing to accept certain possibilities and rejecting something due to a lack of good, concrete evidence supporting it.

    Think of it like this: When you get an email from someone who says they are a Nigerian prince that needs a large fee to release and share his riches, you would not just refuse because you are close minded. You would be doing so because there is no evidence that this is going to work at all.

  • @driverx241 what you say is true. But there is one crucial difference. You wouldnot take chance with some one claiming to be a Nigerian Prince because in order to /claim the "winnings" it is fiirst necessary to give out your bank account nuumber and other personal data. With astrology all you have to do is pay $11.00 for a basic book and have a decent internet connection the rest is up to the individual to decide whether to act on the results

  • @homousios Yes, but while the cost and information given out is not quite as large as what our Nigerian friend is asking, both astrology and 419 operations involve basing major decisions on systems with no real indication that they are going to work.

    The possibility always exists that astrology does work, but there is little to suggest that it works better than random chance. Business Astrology and Nigerian scams can both be rejected due to their lack of results, regardless of the initial cost.

  • @driverx241 yes, I see your point.

  • @homousios

    >>With astrology all you have to do is pay $11.00 for a basic book

    With astrology, all a scammer has to do to win easy money is to charge you with $11.00 for a book containing generalities like 'you will do better at your job' (any job always goes between good and bad), or 'there will be a family discussion' (duh), or 'virgo goes well with cancer' (but marriage statistics show no trend). It's a scam, easily verified by contradicting astrologist statements and the case for twins.

  • @homousios

    yes the entire population could be deluded. just because a bunch of uneducated idiots believe superstitious nonsense doesn't make it any more true.

  • Astrology = FAIL

  • creative excuse, 'all the stuff i got right was psychic ability though

  • Perhaps Crapricorns don't make good astrologers

  • By the way technical Analysis isn't all it is cracked up to be either

  • So that guy fully believes in his astrology, but he just decided to go with his hunches instead and that's why he lost?

  • Every one of them has an excuse. "Oh but I failed miserably because of your negative energy." "Oh but the system works, I just didn't implement it correctly." "Oh but I do better readings when I've had time to get to know the person." "Oh but it's not 100% correct which is why I had to list 40 names and their variations to find one he responded to."

  • what sign is it that likes sex?

  • scorpio, but any sign can like sex regardless

  • the ones that stare at womens breasts when they speak to them hehehe

  • *confirmation

  • lol whoever said "I'm a Libra but I don't believe in horoscopes"...how ironic! Libras (most of them) are undecisive and CANNOT make up their minds seriously..its a statement that contradicts itself it makes me laugh..

  • two words for you: conformation bias.

    how does not believing in horoscope equal undecisiveness?

  • this proves horoscope is somehow accurate then..because Libras (most of them but not all of them) are undecisive. Trust me, before I know about horoscopes I was always undecisive, I can't decide on what to pick..and then I learn about horoscopes and found out that I have a libra decan which makes me undecisive (scary how horoscopes are accurate huh?)

  • i can also be undecisive, does that make me a libra? again, you see it fitting because you choose to.

  • any sign any person can be undecisive, but libra are the MOST undecisive (not always true but most of the time)

  • exactly how much does that tell you? some of the aqarian traits fits me, others not, if i chose to compare me to another signs i would get the same accuracy.

  • oy vey...unfortunately astrologers don't know what they're doing these days. Any sign might just have all the human traits possible and might be just accurate as any sign, but each sign posseses its own specific trait that shows up. For example a Cancer and a Libra can be creative but Libra can be more creative than Cancer, get it kind of?

  • Astrology is a complete load of bull, just think about it for a moment.

    Lumps of rock flying around in space dictate OUR lives in a predicatable way? Give me a break!

  • allright, I'll break ya...since I don't fully live on astrology haha. Why would anyone want the stars to rule their lives? Come on you think I'm stupid enough to live fully on astrology? Haha I'm only using astrology for fantastical purposes and stories...

  • I have no problem with people doing astrology just for shits and giggles, like "hey I'm a pisces!"

    That doesn't hurt anyone but the people that claim it to be science or to actually apply...like this jerk who actually invested money off it XD

  • well too bad for them then, everyone has different issues, welcome to planet Earth!

  • But that's what's awesome about Randi, he debunks them =)

  • hes awesome perhaps, Leos are amazing sometimes..

  • Is that taking into account the wobbling of the Earth?

  • I dunno, goodnight..lets stop the comments I'm tired

  • Well Capricorn is business and the two new moons of Cancer in 09 are real bad news for Capricorn. We shall see, we shall know.

  • Furthermore, I would be willing to bet that a meaningful statistical test of this (a thousand technical analysts vs a thousand astrologers), would likely show about equal results for both groups--and, on average, the balances would decline for both groups.

    Here we see an interesting phenomenon exposed: Randi has a good facility for detecting poor ideas among people like astrologers....and much less facility in discernment about "normal life matters," such as banking/finance/markets.

  • This one is funny, since most market experts in fact see "technical analysis" as much closer to something like astrology than to science.

    Furthermore, NO bank trader would EVER be expected to achieve an 18% return in 5 weeks. Essentially NO bank trader would make a claim to guarantee an 18% return in a YEAR!

    If they COULD (make 18% a YEAR!), then banks would be ENORMOUSLY wealthy, instead of....as we all now know.....broke.

  • So...the astrologer claims that he failed because even though he used astrology, he casts that technique aside and goes with his hunches?

  • Exactly!

  • I believe astrology might exist, but don't misinterpret me. I feel that no solid proof has been shown that proves astrology works with a reasonable certainty. That doesn't mean there won't be any proof in the future but i feel it is unlikely such proof will ever be demonstrated.

  • To a 16th century mind modern science would have little validity or be worth considering. You cannot know what astrologers claim until you have studied my book or something like it. All you know is what anti-astrology debunkers like Randi tell you astrologers claim. "No basis in reality". Modern physics shows our understanding of reality constantly develops. Until you can confirm you have studied and informed yourself about genuine astrology, there is no point in replying to your further posts.

  • You have dodged every question I have put to you with the same illogical response, just as James Young did. If as you claim, you have to understand astrology merely to comprehend what you are saying, why then do astrologers give readings to non-astrologers as they do? Since they haven't studied the subject as you have, they wouldn't understand what you were telling them. It doesn't help that astrologers cannot even decide among themselves exactly what astrology is.

  • Royastro, by the look of your comments, it seems like you are trying to "push" your book on UncleFeedle

  • Without background knowledge, the same could be said about financial advice and prediction, social reports, psychological descriptions and much empirical research selected manipulatively to prove a point. Back to my original post. If you will not learn about what you criticise & what it claims to do and not do, how can your opinion be worth considering? Why are you so resistent to learning astrology, but so insistent in having an opinion about it? A wiser use of your time is to read my book.

  • "If you will not learn about what you criticise & what it claims to do and not do, how can your opinion be worth considering?" - since astrologers cannot do what they claim, why should anyone take them or it seriously? "Why are you so resistent to learning astrology, but so insistent in having an opinion about it?" - because it hasn't been shown to have any credibility whatsoever. Why would I waste my time studying something that has no basis in reality?

  • That you can ask such a question shows how little you understand the subject you claim a right to have an opinion upon - or my previous post. Chapter 2 of my book answers such worn-out cheap criticisms emanating from anti-astrology sceptics'. If you will not study, how can you know the subject or understand the answers you are given?

  • I could write dozens of paragraphs of random predictions, forecasts, possibilities, warnings, words of guidance etc, cut them all out, pin them to a wall, select a few by throwing darts at them, then put them together and call it an astrological reading, maybe even charging money for it. What does astrology offer that gives it any more credibility than doing this?

  • More to life than driving a car - astrology is the map you use to find your way and the flexibility this offers. A weather forecaster describes the kind of weather, not if someone will get wet. Astrologers are working with dispositions within a range of possibilities and the good ones advise how to use possibility to the greatest all round benefit. For the full explanation and some accurate projections past and present read my book "Astrology and Compassion the Convenient Truth"

  • Is information provided by astrological means any more accurate than what you would get by random chance?

  • I learnt your first sentence in 1991. For you to understand any answer to your question, you need to have a good knowledge of astrology. What books have you read or courses attended? Can you calculate a horoscope? Have you studied the relationship between outer-planetary cycles and social change? If you cannot say "yes" to all these questions then you are not qualified to understand or assess any answer I could give.

  • Great, another James Young. 'You don't understand it, therefore you can't comment on it'. Do I need to know about mechanics to know whether a car works or not? I'm interested in whether you can do what you say, NOT how it works or the processes which supposedly lie behind it. Until it has been shown to even work at all, all the explanations, relationships etc are irrelevant. It's like saying I need to know

    all about the life of Santa Claus merely to comment on whether or not he even exists.

  • Extract was broadcast 1991, as I started financial astrology / trading studies. Researchers sought people or tasks to fail. A friend said pairing couples by Sun Signs was bad astrology; so another person was chosen to fail. 18 years on financial astrologers warned about a 2008 economic downturn that amazed most bankers and politicians. Thanks Mr Randi for improving my performance. Sad you manipulated situations into apparent failure rather than seeking the valuable nature of what you studied.

  • Even more astrologers warn about things that never happen. How many of your astrological predictions have come true?

  • the graph is pretty exaggerrated, but the result is the same, so

  • "The stars told me I was going to lose monies, lulz!"

    "Stfu faggot, my gambling skills helped me won 1800 quids!"

  • love that little creepy bit of music they play to introduce guests

  • Randi Is genius!!

  • So his "out" was he decided not to go with the astrology but go with his hunches instead? Rather dumb and shows a little lack in faith in his astrology, don't you think? Or is this just a desperate man clutching at straws when he knows he is drowning?

  • Astrology i think is bullshit cuz every one will change at some point in time.Astrology trys to tell people what there personality is.the idea that Astrology cane tell your personality is is just crazy. your personality will change over time and Astrology can not tell you what your personality unless you read it then make it try , then that means it not

  • I cannot imagine anyone could lose that much in such short time. This must have been some sort of set up.

  • james randi is no man that would trick anyone so nothing is set up !

  • No, the astrologer made a big gamble which didn't pay off. If you gamble big then you can lose big.

  • James Randi is a sexy, sexy man with a sexy, sexy beard. Oh man.

  • did randi even hear what the astrologer said????

    his independent choices were wrong while the stars accurately predicted the right choices!

    that means that he failed only because he WASNT using astrology as much as he could have

  • Something tells me that the more one relies on astrology over business expertise, the more money one is likely to lose.

  • thats cause astrology is used for the psyche, not economics- its like using a hammer to play a guitar

  • Why then, do some people consult astrologers for guidance on what are strictly business decisions? And why do people like the 'financial astrologer' in this video, claim such ability and offer such a service?

  • cause theyre posers- being a musician doesnt make you qualified to be a composer-

    sry bout the silly metaphors, i just dont take this type of astrology as seriously-

  • Why take ANY type of astrology seriously when there is no evidence whatsoever to suggest that it works and substantial evidence that it does not? If this guy cannot demonstrate the effective of astrology, who can? Again, the question - what IS astrology? An art, science, philosophy or what? I've been trying to find the answer to this for months. How can we ever determine whether it works when astrologers themselves cannot decide what it even is to begin with?

  • The stars have been studied longer than any science known to man, therefore it has the most historical history to back it up- if all you take into account are the 4 forces of Newtonian mechanics, then man, spirituality is thrown out the bloody window.

    Just as a different number of the SAME electrons create a different quality within an atom, so too do the planets affect our psychological make-up. i dunno exactly why, but i also dont know exactly why listening to Aphex Twin calms me down

  • Elementary physics is clearly not your strong point.

  • and theoretical aint yours

  • Ok, genius. So exactly what does theoretical physics have to say in support of astrology?

  • that reality is subjective and there is no way to be an 'observer' apart from some 'external' world- our attitude affects reality. Cf. "Trueman Show" of mine.

    Quantum theory supports the possibility that matter affects other matter even though its not 'conscious' matter.

  • Quantum theory suggests that all objects are in all states until measured ie. reality is determined by observation. This doesn't mean 'think it and it becomes real'. Using this to bolster support for astrology is ridiculous. You're trying to bring in fields of hugely complex science to add weight to your arguments when it is clear you know next to nothing about those areas.

  • So youve already read the Tao of Physics by Capra and Dancing wu lei Masters by Zukav? If so, then we wouldnt be having an argument about how "mind moves matter" as Virgil so simply puts it. If what those books imply is true, then there is no question as to if large pieces of matter affect our mindset- there is a recipe of the psyche, and the little dots around us were there FIRST- "what the !@#$ do we know?"

  • A 'recipe of the psyche'(??) What are 'little dots'? Who is 'Virgil'? This is less science and more psychadelic, new-age mysticism. Capra's book was written after his dabbles with LSD. Have you considered the possibility that what these books imply is NOT true? One can theorize and speculate endlessly, but scientific theories require EVIDENCE supporting them. What hard, scientific evidence exists to validate astrology?

  • Who's Virgil?? I'll let u findout for yourself- its not my fault you havent brushed up on the past enough to know of this ESSENTIAL figure in history. The little dots are the planets, and yes, mysticism has more meaning to me than what a calculator can tell me. Science wants evidence that ANYONE can comprehend- impossible with philosophy... Ofcourse ive considered that probability that its all not true, but the thing is, ITS ALL FACTS THAT HE WAS REPORTING, with Buddhism on the side.

  • I've got it - Virgil Tracy from Thunderbirds?

  • forgot the drum beat

    what respect can i give a scientist who doesnt respect the scientists of the past? For he was a poet and scientist- in those days the 2 were somewhat inseparable. check him out, it shant be a waste of ur precious time

  • It seems the Virgil you speak of was a gay master poet of Ancient Rome. It appears he ditched his study of astronomy and medicine in favour of poetry and philosophy. Most of his poems were on the theme of homosexual love, tragedy and the glory of Rome. I find no scientific discoveries or scientific writings attributed to him.

  • If he'd stuck with medicine, he might have been able to do something more constructive, like saving a few lives. Ok, so far we've had: 'historical history', a physicist who draws inspiration from hallucinogenic drugs, a gay Roman poet, the 'recipe of the psyche' and now controlling the wind by mental effort. Your perception of the universe is so downright bizarre as to be incomprehensible to any rational person.

  • Not Leo. Go away.

  • I have never stated my starsign on any of my videos. I assure you, you are 100%, categorically wrong in your guess of Leo. Astrology's credentials continue to plummet. Go away.

  • I asked that he leave because he is wasting my time, and has been doing so for months. This has been the case with every other astrologer I have encountered. This is not cyncism - I am not here to gloatingly disprove anything but to look for evidence, as skepticism and critical thinking require. If he cannot provide evidence, then his mystical mumbo-jumbo doesn't interest me. Please see the other video on this subject, and the Yahoo group set up for the purpose of testing astrologer's claims.

  • Fair enough I apologise, I did not realise he was harrassing you. However my opinion of other cynics/casual atheists stands, you can't deny that once people see an opportunity to be right, humbleness tends to fly out the window...

  • A colleague at work who is really into astrology was challenged (by me in no uncertain terms)to guess my sign - she hedged herself with three signs (all wrong) but topped it off with - "BUT you are certainly not a Libra!". She was a bit dumbfounded when I told her that was my actual sign. Well she should have known - we Librans don't believe in all that astrological sh*t - it's a well-known trait ;>

  • You're wrong, hoss1962. You don't mean all Librans, but instead most Librans probably. I'm a Libra and a read about astrology. I would say astrology is more of a mysticism like magic, psychics, and such.

  • That "We Librans don't believe in all that astrological sh^t" was supposed to be ironic- and rather an old joke, in fact. You seriously didn't spot the irony there? Wow...

  • What kind of irony is that? Sarcasm? Not everyone catches on to things. Some actually take it seriously. I'm sure there are things you don't catch on immediately too. Like what you learn in school for example.

  • You ARE being a dumb bunny. The irony should have been obvious because of the internal contradiction - "I DON'T BELIEVE in horoscopes because I AM a Libran..." Do you really think that is a serious statemnt when it completely contradicts itself..haha!

  • I understood your joke, but some people just takes things seriously. =T If you're laughing at me now, then great. I'm funnier than you. Haha!

  • Cool - we have both had good laugh at each other's expense then...I am a spreader of joy! :P

  • We librians? No one is a pure libra. Because everyone has MORE THAN ONE sign in their chart.

  • please turn up the dial on your irony-detection meter...it will save your typing fingers...and your grey cells

  • James randi only sets up tests that are designed to fail. Do you think it would have gone to air if the astrologer had made any money?

  • Yes. Tests are designed with the full co-operation and agreement of the person making the claim. This was true of this series and is also true of the JREF's million dollar paranormal challenge.

  • ... or maybe the psychics always fail the tests because they don't actually have magical powers.

  • No magical powers!

    How could that possibly be!

  • Like there are "real" astrologers...LOL..

  • What a strange test, both technical analysis and astrology are pseudosciences.

  • Haha, that's a very good point!

  • Perhaps it's just to make astrology look even stupider? "Even the guy who's practically pulling his trade choices out of his ass made a profit of 1800 pounds!"

  • The astrologer has to be a straw man. No real astrologer would do something like that.

  • Do 'something' like what? Make a prediction? I don't understand what you mean.

  • he means that real astrologers dont care about the stupid stock market - its not what it SHOULD be predicting.

    its not like a Capricorn is controlling the ups and downs, but every sign is in control which is highly unpredictable

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