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The charts are a calculation. The reading of them is what counts. It is like reading a poem. It occurred to me just now that academics who write about literature and socionomists reading a market chart are like tarot and horoscope readers. They each take a text and with their subjectivity say something else about the text to make it more personal and understandable to their listeners. What they say is another formulation into words that could be viewed as a new objective text open to further interpretation if one saved it. The understanding is subjective. Anyone can do these things, but some people are better at it.
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I agree with you about literature, but one needs a solid theoretical background because one must have acceptable parameters. Itīs like iin science, in fact it is a kind of science. One must be able to demonstrate ones conclusions.Itīs not wholly subjective, though subjective sensibility and subjective perspective play a large role in interpretation.
I donīt know how it works in socioeconomics, which is not at all my area of knowledge.
I found this link. Didnīt have the time to exame it yet but seems to be a treasure. Nothing very recent though, because of the authorīs rights:
http://www.skyscript.co.uk/texts.html
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What I'm referring to would even work in science and mathematics. Some people are able to read these things better than others and come up new insights very rapidly. They use their subjectivity just like a psychic would who reads a Tarot spread. In the early 20th century there was an attempt to eliminate the subjective in mathematics leading to Whitehead and Russell's "Principia Mathematica". Strings of symbols and transformations were manipulated that deliberately had no meaning. The goal was to generate all of arithmetic. Godel, Turing and Church showed the project could not be completed as expected.
The underlying question is whether there is anything there to read or is it just intuitive guesswork. That is, is one actually reading something when one reads a Tarot spread or a horoscope or an Elliott Wave on a market chart? Or are these things random diagrams that suggests something to the reader that coincidentally is useful? That question goes even for those theories that claim to be reductionist and scientific: maybe all we have are models that coincidentally work?
I found the book on Vedic astrology I used some years ago. It came with software to draw the horoscope: Andrew Bloomfield, "How to Practice Vedic Astrology". I'll see if I can find something online.