I remember this happening when I was a teen, and there are still many women I know into it.
My mother was a self proclaimed witch since the 80's/90's, and told me as a child fairies were real, and constantly told me I "had psychic powers." She read my cards and all that. It fucked me up wholly, and pushed me to science and fact. It's not for me, and I don't understand the fascination. But, if it makes other women happy, it's really harmless.