Peer-Reviewed Study Published
in Harvard Business Review Proves
Author Robert Taylor’s Earlier Findings: The Moon Affects the Stock Market
A study published in the
November Harvard Business Review
explaining the moon’s affect on the stock market supports the theory that
Robert Taylor outlines in his novel Paradigm,
released earlier this year. The back of Paradigm
contains a technical appendix explaining “The Taylor Effect” and how the stock
market’s movement can be predicted by gravitational fluctuations.
El Dorado Hills, CA (PRWEB)
December 14, 2006 -- A research paper discussed in the November issue of Harvard Business Review adds credence to
the theory that author Robert Taylor developed years ago and set forth in his
groundbreaking recent book Paradigm (March
2006): the macro movement of the stock market can be predicted by gravitational
fluctuations.
According to Taylor, who has
worked with leading academicians and research scientists, the macro movement of
the stock market is predictable. Gravitational fluctuations, such as those
caused by the moon and other celestial bodies, influence masses of humans to
feel simultaneously bullish or bearish about the stock market.
An article from the June 5,
2006 issue of BusinessWeek titled
“The Sun, the Moon, and the Market,” details Taylor’s conclusions. Reporter Adrienne
Carter called Paradigm “The Da Vinci Code for the Wall Street
set.”
Taylor packaged his research into the fiction mystery
thriller Paradigm in order to reach a
wider audience than a scientific journal. At the end of the book is a lengthy
academic presentation of his science called “The Taylor Effect,” and
information on how readers can prove it to their own satisfaction. The recent
Harvard published peer-reviewed study supports Taylor’s findings.
University of Michigan Business School
professors Ilia D. Dichev and Troy D. Janes wrote the research paper on the
moon’s affect on the stock market. According to the report’s abstract: “We find
strong lunar cycle effects in stock returns. Specifically, returns in the 15
days around new moon dates are about double the returns in the 15 days around
full moon dates. This pattern of returns is pervasive.”
Their data was collected from
100 years of U.S. Stock Market indexes and from the stock markets of 24 other
countries going back 30 years. This data supports their conclusion that “. . .
consistent with popular beliefs . . . lunar cycles affect human behavior.”
The Harvard Business Review published their findings. The journal
admits that while the report’s conclusions are “. . . a bit off the beaten
path, they’re the product of rigorous research.”
A lengthy technical appendix
published in Taylor’s
Paradigm outlines his findings and
his theory “The Taylor Effect”: “The financial market’s expansion and
contraction is qualitatively in direct correlation to the increases and
decreases in gravitational fluctuations experienced at the human level. The
increases in market price are in direct response to decreases in gravitational
forces; the decreases in market price are in direct response to the increases
in gravitational forces.”
Taylor is pleased that his conclusions about the stock
market have found support in outside peer-reviewed research. “I sincerely
welcome the work of Professors Dichev and Janes into the field of economic time
series,” says the author of Paradigm.
“Their study of human behavior patterns as correlated to the stock market
quantifies my already published work.” Taylor
added, “Simply put, Dichev and Janes helped solidify my claim that
gravitational fluctuations have an enormous effect on human behavior.”
Taylor hopes
that now researchers in all scientific fields, from geo-physics to psychology
and meteorology to criminal behavior, will compare the known and measurable
gravitational fluctuations published in Paradigm
to their historical data. Taylor
says, “This will provide them a glimpse into the future of human behavior, a
future that used to appear unknown.”
Dr. Robert W. Bass, a Rhodes
Scholar and former professor of physics and astronomy at Brigham
Young University
worked closely with Taylor
to develop, test and prove The Taylor Effect. Bass hopes the new research
published in the Harvard Business Review
enables Taylor
to “receive both the academic and the public recognition he deserves.”
Many others well known in the
field of economics and business are enthusiastic supporters of Taylor’s science and have enjoyed Paradigm. Among them is Alan (Ace)
Greenberg, Chairman of the Board and Chairman of the Executive Committee, Bear
Stearns, who wrote: “Paradigm is not
only a quick read but a wicked blend of both reality and fiction. If you liked The Da Vinci Code, you’ll love Paradigm!”
Taylor’s research in econo-physics earned him a proffered
nomination for The Nobel Prize in Economics in March 2000. His research focus
has been vital to the development of his economic modeling software Xyber9,
which is used in forecasting financial market conditions.
For additional information on
Taylor’s
discovery and his novel Paradigm,
contact Sarah Keeney or visit
http://paradigmbook.com/
About Savas Beatie LLC:
Savas Beatie LLC is a leading
military and general history publishing company.
About Paradigm author Robert Taylor:
Robert Taylor is an author,
research scientist and successful businessman. In March of 2000, Taylor’s discovery earned
him a nomination for the Nobel Memorial Prize in Economics. His book, Paradigm, supports the validity of his
discovery: the predictability of the stock market. Taylor
lives in Atlanta, Georgia with his wife.
Contact:
Sarah Keeney, Marketing
Director
Savas Beatie LLC
Phone: 408-892-1316
Fax: 916-941-6895
http://www.savasbeatie.com