krsevertson Member Photo

Clipped by krsevertson

b1 - Economists share out-of-this-world views Robert...
Economists share out-of-this-world views Robert Hand studies a chart of the relation of gold prices to Mercury. CHICAGO (AP) - For these economists, the picture always is bright — out of this world, you might say. That's because when it comes to business, astro-economists turn to the stars. They look at the rise of the moon, gravitational forces of Venus and Jupiter, and Earth's tidal flows and weather patterns to forecast the future future of economic trends ranging from unemployment to gold prices. Spacey? Not to these high rollers, er, astro- economists. This weekend about 150 of them are in Chicago for the Third Annual World Conference on Astro- Economics. Say what? "When most people hear about astro-economics, they go, 'What?' " Robert Hand, creator of a computer program overlaying star charts with stock market fluctuations, said Friday. Friday. "I think that there is a great deal of incredulity, but the proof is in the pudding in that people who use it make money." Among the lecture topics at the conference, for which each attendee paid $170: "Geocosmic and Rhythmic Cycles in Today's Precious Precious Metals Markets," "Astrological Technical Analysis" and "Hot Stocks for the Coming Year.'' During the coming months, Hand said, he foresees a bottoming out in the stock market and recession-like trends. Critics might argue it doesn't take a rocket scientist to predict such (See Views, Page 11)

Clipped from
  1. The Salina Journal,
  2. 03 Nov 1990, Sat,
  3. Page 1

krsevertson Member Photo

Want to comment on this Clipping? Sign up for a free account, or sign in