New horoscope, new investment strategy?

January 14, 2011

The moon almost completely covers the sun just before totality during a total solar eclipse in North Iwojima island, Japan July 22, 2009. REUTERS/Kyodo Before you read your horoscope this weekend, take note: your sign might not be what you think it is. That’s right, Aquarians — you could actually be a Capricorn.

At least that’s what Parke Kunkle believes. The Minnesota astronomy professor sent the astrology world into a tailspin with his recent assertion that a wobble in the Earth’s alignment has thrown off the 12 horoscopes. As a result, there’s a sign called “Ophiuchus” and the rest of the astrological signs have been bumped to new dates, reports the Los Angeles Times.

The question is, what does this mean for your investments if you let your sign guide you?

Absolutely nothing, says financial astrologer and market timer T.S. Phillips of Astro Advisory Services Inc. in Malibu.

“To clear things up, the zodiac sign that Western astrologers use is the tropical zodiac based on the seasons, not the fixed constellations [like Kunkle uses],” Phillips explains. “So what he’s saying is completely irrelevant and doesn’t change your sign.”

Phillips’ approach to astrological investing is a form of market-time analysis based on planetary cycles, he says, which uses price and time calculations for determining turning points in the markets.

So what’s a maybe-Gemini, maybe-Cancer to do? Relax, advises Henry Weingarten, managing director of The Astrologer’s Fund in New York.

“This story is deja-vu,” he says. Weingarten says stories like this one pop up regularly, but shouldn’t throw any astrological investment strategies off course. He says there are several ways to divide up the zodiac — in India, for instance, they break it up 27 to 28 times — and “news” of a new horoscope is simply a blip on a slow news day.

“It means nothing,” Weingarten says.

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