Managers tune in to horoscope know-how; Wall Street stars: Astrologers forecast a heavenly return.

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If you're finding it impossible to forecast the financial markets in their current state of flux, maybe its time to ditch orthodox financial thinking and start looking heavenwards.Some investors are turning to astroeconomics, the so-called art of using astrological cycles to predict financial asset prices in order to decide where to put their, and other people's, money.'Astroeconomics is like technical analysis 30 years ago. People were using it and nobody talked about it,' says Henry Weingarten, a financial astrologer-turned money manager.'It's a fairly open secret that a certain segment of fund managers, traders and investors use financial astrology and, eventually, it will become mainstream.'Financial astrology involves using correlations between past market events and the alignment of the planets, sun and moon to predict market movements.Some astrologers, including Mr Weingarten, also draw up horoscopes for companies, currencies and national stock indices based on their first date of trading.Director of the New York-based Astro fund, which manages around pounds 3.4 million of clients' assets, Mr Weingarten combines astrological forecasting with traditional fundamental and technical analysis to form his investment and trading strategy.'Around 50 per cent of what I do is astrology,' he said, pointing out that technical analysis, in which forecasters use graphs of previous market trends to predict future movements, was once frowned upon but is now a recognised tool for mapping the markets.He also claims that he is not alone in stargazing to make a profit. 'Ten to 15 per cent of professional fund managers use astrology as a secondary or confirmation tool to trade the markets,' said Weingarten, who claims to have predicted the 1990 Tokyo stock market crash.Not all market watchers are convinced of the wisdom of incorporating celestial movements into their analysis.'There are obvious seasonalities and cycles in markets but to correlate these with planetary alignments and to establish cause and effect is hard to do,' said one technical analyst.tiaCAPTION(S):Putting astrology to the test - four-year-old Tia Laverne will is competing with a financial astrologer and an experience investor in a British Association for the Advancement of Science experiment to find out who's best at picking stock market winners