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.
Sarah Keeney, Marketing Director
Savas Beatie LLC