Louise McWhirter

Louise McWhirter (October 19, 1896 November 1, 1957)[1] was a financial astrologer who purported to use astrology to forecast the financial markets.[2][3][4] In 1937, she published her only book, Astrology and Stock Market Forecasting.[5][6][7] Some believe that “Louise McWhirter” was only an alias of famous market forecaster W. D. Gann.[8]

McWhirter’s theory

The geocentric view of the movement of the Nodes, which has a cycle of 18.6 years approximately.

The Nodal cycle

McWhirter's main theory was that the major of primary trend of business volume and finance is clearly pointed out by the 18.6-year cycle of the North Node as it passes through the twelve signs of the zodiac.[2][9] During a long-term trend, the four crucial points of the stock market are reached when the Node enters the four fixed signs respectively:

  • Aquarius: This is the extreme low of business activity, the bottom of the cycle.
  • Pisces: The business activity turns up from the bottom.
  • Aries: The business continues to go higher towards the normal level.
  • Taurus: The business activity reaches a normal level, and the trend is going up.
  • Gemini: The business activity starts to go above the normal level.
  • Cancer: The business activity goes even higher.
  • Leo: This is the extreme high of business activity, the top of the cycle.
  • Virgo: The business activity fades from the top.
  • Libra: The business continues to fall lower towards the normal level.
  • Scorpio: The business activity reaches a normal level, but the trend is going down.
  • Sagittarius: The business activity starts to fall below the normal level.
  • Capricorn: The business activity approaches the bottom of the cycle.

It has been noted that the four crucial signs (the top, bottom and two break-even points) correspond to the four heads of the cherubim in the Book of Ezekiel.[10]

Below is a table of stock market crashes[11][12][13][14][15][16][17][18] and the respective North Node locations. Please note that the motion of the North is retrograde by default, so that it always travels from West to East, in the opposite way of other planets.

Name Date Country North Node Location
Kipper und Wipper 1623 Left Scorpius into Libra in May 1623.
Tulip mania Bubble 1637 Left Aquarius into Capricorn in April 1637.
The Mississippi Bubble 1720 Stayed in Leo for the whole year.
South Sea Bubble of 1720 1720 Stayed in Leo for the whole year.
Financial Crisis of 1791–92 1791 Left Scorpius in November 1790 and stayed in Libra for most of 1791-1792.
Panic of 1819 1819 Left Taurus in October 1818 and stayed in Aries in 1819.
Panic of 1837 10 May 1837 Left Taurus into Aries in May 1937.
Panic of 1847 1847 Left Scorpius in September 1846 and stayed in Libra in 1847.
Black Friday 24 Sep 1869 Stayed in Leo for the whole year.
Panic of 1873 9 May 1873 Stayed in Taurus for the whole year.
Paris Bourse crash of 1882 19 Jan 1882 Left Sagittarius into Scorpius in May 1882.
Panic of 1884 1884 Left Scorpius in December 1883 and stayed in Libra in 1884.
Panic of 1901 17 May 1901 Stayed in Scorpius for the whole year.
Panic of 1907 Oct 1907 Left Leo into Cancer in March 1907.
Crash of 1929 24 Oct 1929 Stayed in Taurus for the whole year.
Kennedy Slide of 1962 28 May 1962 Stayed in Leo for the whole year.
Brazilian Markets Crash of 1971 July 1971 Stayed in Aquarius for the whole year.
Souk Al-Manakh stock market crash Aug 1982 Stayed in Leo for the whole year.
Rio de Janeiro Stock Exchange Crash June 1989 Left Taurus into Aries in May 1989.
Friday the 13th mini-crash 13 Oct 1989 Left Taurus into Aries in May 1989.
Early 1990s recession July 1990 Stayed in Aquarius for the almost whole year.
Japanese asset price bubble 1991 Left Aquarius in December 1990 and stayed in Capricorn in 1991.
1998 Russian financial crisis 17 Aug 1998 Left Virgo into Leo in September 1998.
Dot-com bubble 10 March 2000 Left Leo into Cancer in March 2000.
United States bear market of 2007–09 11 Oct 2007 Left Pisces into Aquarius in January 2008.
2015–16 stock market selloff 18 August 2015 Left Virgo into Leo in April 2017.

Aspects and positions of major planets

The Jupiter-Saturn conjunction, as depicted in the Kepler's trigon here, is one of the key factors in McWhirter's system.

McWhirter also lists several secondary factors which tend to raise or depress business, mostly related to aspects of major planets like Jupiter, Saturn, Uranus, Neptune and Pluto:[2][6]

Favourable Unfavourable
North Node aspects Conjunction with Jupiter Conjunction, opposition, square with Saturn or Uranus
Jupiter aspects Conjunction, trine, sextile with Saturn or Uranus N/A
Saturn-Uranus aspects Trine, sexile, semi-sextile Conjunction, opposition, square, semi-square
Planet(s) in Gemini Jupiter, North Node Saturn, Uranus[19]
Planet(s) in Cancer Jupiter N/A
Aspects to Pluto Conjunction, trine, sextile Opposition, square, semi-square

The NYSE natal chart

McWhirter maintained that one should pay attention when a planet moves to 14° Cancer (104°) and 24° Pisces (354°), because these places are where the Ascendant and Midheaven were when the New York Stock Exchange (NYSE) was initiated by an agreement on 17 May 1792,[19][20] though only after rectifying the exact time to 7:52 am.[2] Similarly, since the tenth house of the NYSE chart was in Pisces and Aries, which are ruled by Neptune and Mars respectively, she also thought that aspects to these two planets are important.[2][19]

New moon analysis

In a shorter timeframe, McWhirter uses the new moon for timing market turns.[2][6] The key idea is that she would pay attention to planets which make an astrological aspect to the new moon, and watch them as the moon passes through them later.[2][8][21]

Comparison with W. D. Gann

Identity suspicion

M. G. Bucholtz suspects that “Louise McWhirter” is not the author's real name.[8] His reason is that he comes across no other books by McWhirter and finds no other sources mentioning this person. He believes that the real identity of Louise McWhirter was famous market forecaster W. D. Gann, whom Bucholtz believes used similar techniques in market predictions. According to Pythagorean numerology, the names “W. D. Gann” and “Louise McWhirter” share the same numerological root of “9”.[22][23][24] It is possibly not an coincidence, since some people believe that Gann was an numerologist.[25][26]

Gann’s financial timetable

One of the biggest connection between McWhirter and Gann is that McWhirter's Nodal cycle theory is very similar to Gann's “financial timetable”.[27] It is timetable with alternating 18- and 19-year cycle, which mimics the Nodal cycle very closely. Like McWhirter's theory, Gann also found that the stock market follows a rhythm of 18–19 years.[28] Here is a modernised example of the table:

Major Low 1990 2008 2027 2045
1991 2009 2028 2046
Booming 1992 2010 2029 2047
1993 2011 2030 2048
1994 2012 2031 2049
Major High 1995 2013 2032 2050
1996 2014 2033 2051
Correction 1997 2015 2034 2052
1998 2016 2035 2053
Major Top 1999 2017 2036 2054
2000 2018 2037 2055
Big Crash 2001 2019 2038 2056
2002 2020 2039 2057
Major Low 2003 2021 2040 2058
2004 2022 2041 2059
Major High 2005 2023 2042 2060
2006 2024 2043 2061
Major Top 2007 2025 2044 2062
-- 2026 -- 2063

References

  1. Louise McWhirter at Find a Grave
  2. McWhirter, Louise (2008). Riske, Kris Brandt (ed.). McWhirter Theory of Stock Market Forecasting. American Federation of Astrologers. ISBN 978-0866905855.
  3. Ferrera, Daniel T. (2015). Gann for the Active Trader. Sacred Science Institute. ISBN 9781942418047.
  4. Lewis, James R (2003). The Astrology Book: The Encyclopedia of Heavenly Influences. Visible Ink Press. ISBN 9781578592463.
  5. McWhirter, Louise (1977). Astrology and Stock Market Forecasting. A S I Publishers. ISBN 9780882310343.
  6. Williams, David (1984). Financial Astrology. American Federation of Astrology. ISBN 9780866900454.
  7. Skinner, Christeen H. (2017). The Beginners Guide to the Financial Universe: An Introduction to the Role of the Sun, Moon, and Planets in Financial Markets. Nicolas-Hays. ISBN 9780892546404.
  8. Bucholtz, M.G. (2014). Stock Market Forecasting: The McWhirter Method De-Mystified. Wood Dragon Books. ISBN 978-0968537091.
  9. Gover, Robert (2005). Time and Money: The Economy and the Planets. Hopewell Publications. ISBN 9780972690683.
  10. Mathisen, David Warner (2015). Star Myths of the World. Beowulf Books. ISBN 978-0996059022.
  11. "“Kipper und Wipper”: Rogue Traders, Rogue Princes, Rogue Bishops and the German Financial Meltdown of 1621-23" by Mike Dash, Smithsonian, March 29, 2012
  12. Dash, Mike "Tulipomania: The Story of the World's Most Coveted Flower & the Extraordinary Passions It Aroused" 2001
  13. James D. Henderson, Helen Delpar & Maurice P. Brungardt "A Reference Guide to Latin American History" Richard Weldon Editor – M.E.Sharpe Inc. 2000, ISBN I563247445 page 172, 2nd column, "1890" (2nd paragraph)
  14. "Back to the Future: Lessons From the Forgotten 'Flash Crash' of 1962"
  15. Gary Previts, Peter Walton & Peter Wolnizer "A Global History of Accounting, Financial Reporting And Public Policy; Americas – Volume 14B" The University of Sydney/The Accounting Foundation, Emerald Group Publishing Limited 2011 ISBN 978-0-85724-811-4 Page 41, from the last paragraph
  16. Chen, Shu-Ching Jean; Kwok, Vivian Wai-yin (27 February 2007). "Black Tuesday In China". Forbes. Retrieved 25 September 2011.
  17. "IMF approves $2.1bn Iceland loan". BBC News. 20 November 2008. Retrieved 25 September 2011.
  18. Shan Li; Andrea Chang; Paresh Dave (August 21, 2015). "Stock market suffers worst one-day drop since 2008". Los Angeles Times. Retrieved August 24, 2015.
  19. Gillen, Jack (2009). The Key to Speculation on the New York Stock Exchange. American Federation of Astrology. ISBN 9780866905947.
  20. Michie, Ranald (2011). The London and New York Stock Exchanges 1850-1914. Oxon, UK: Routledge. ISBN 9781136736681.
  21. Charran, Ram (2011). The Vedic Code of Stocks- 2012 Monthly Predictions. Heendu Learning. ISBN 9781105350078.
  22. Laurie, John C. (1959). The Science of Numerology Through the Law of Vibration. Pomeroy, WA: Health Research Books. ISBN 9780787305376.
  23. Clement, Luo (1908). The ancient science of numbers. The practical application of its principles in the attainment of health, success, and happiness. New York: NY: Roger brothers. ISBN 9781298455536.
  24. Dudley, Underwood (1997). Numerology: Or, What Pythagoras Wrought. Cambridge, UK: Cambridge University Press. ISBN 9780883855249.
  25. Awodele (2013). W. D. Gann: Divination by Mathematics. Union: KY: Bekh, LLC. ISBN 9780615833439.
  26. Lo, Andrew W.; Hasanhodzic, Jasmina (2010). The Heretics of Finance: Conversations with Leading Practitioners of Technical Analysis. New York: NY: Bloomberg Press. ISBN 9780470885369.
  27. Gann, William Delbert (2015). Collected Writings of W.D. Gann. 4. Sacred Science Institute. ISBN 9781942418085.
  28. Balenthiran, Kerry (2013). The 17.6 Year Stock Market Cycle: Connecting the Panics of 1929, 1987, 2000 and 2007. Harriman House Limited. ISBN 9780857193094.
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