"WISDOM"
But where can wisdom be found? And where is the source of understanding? No man knows the way to it; It is not found in the land of living men. The depths of ocean say,'It is not in us', And the sea says,'It is not with me.1 Red gold cannot buy it, Nor can its price be weighed out in silver; It cannot be set in scales against gold of Ophir, Against precious cornelian or lapis lazuli; Gold and crystal are not to be matched with it, No work in fine gold can be bartered for it; Black coral and alabaster are not worth mention, And a parcel of wisdom fetches more than red coral; Topaz from Ethiopia is not to be matched with it, It cannot be set in the scales against pure gold. Where then does wisdom come from? And where is the source of understanding? No creature on earth can see it, And it is hidden from the birds of the air. Destruction and death say, '
1 We know of it only by report.
But God understands the way to it, He alone knows its source; For he can see to the ends of the earth And he surveys everything under heaven. When he made a counterpose for the wind And measured out the waters in proportion, When he laid down a limit for the rain And a path for the thunderstorm, Even then he saw wisdom and took stock of it, He considered it and fathomed its very depths.
And he said to man: The reverence of the Lord is wisdom, And to turn from evil is understanding. (JOB 28)
DEDICATED " To Mr. Gann, a truly remarkable man, —Thanks. You were right. If you seek, you will find. " I wonder if you ever knew what your work would do. I wish we could have met. I believe we would have liked each other. We were just in different circles. Oh, well, as you"big saidcircles and
little circles, old circles and young circles, past circles and future circles, will all come together and 'square out' in time". UNTIL THAT TIME, RESPECTFULLY, "
THE SEEKER"
PREFACE This story is a true story of a strange and
curious search for a
strange and curious secret of a strange and curious man who died almost 30 years ago. "
I have simply called myself
The Seeker
"
because we are all
"
seekers. The final THAT WHICH IS SOUGHT" of all our seeking is the same. However, we have many paths available to us. Some of us " seek this "THAT WHICH IS SOUGHT in material things of different
kinds. Some of us seek "IT
"
in mysteries and secrets. My search
was in both areas simultaneously in the commodity markets and the W.D. Gann trading philosophy. It is my hope that you can benefit from my search and that I can show you a proper path to take that will allow you both profitable and enriching expe rien ces in bo th the m arkets and in lif e. As I said, "MY STORY " is a strange, curious one. When I try to recall it and write it for you, I keep running into a problem. The problem is-that the end of the story was the beginning and beginning of the story was the ending-except it was be fore t he beginning. I know that I am not making myself very clear, but that is as well as I can say it for now. Perhaps it will clear up somewhat as I tell it. The real beginning of "MY STORY11 was when I paid my "trusted friend
"
for the Master Time Factor, which he did not have. He
just took my money and gave me nothing in return but a series of practically meaningless numbers and rules, which were devastating if used in th e mar kets. One of the reasons that made the story curious and strange was that I already had the key to find the Master Time Factor, but I hadn ' t looked at it or read it in years. I paid
"
my friend
for something h e didn 't give me, but I GAVE him the real thing that I PAID him for, which he didn
'
t give me. Very strange!
"
You understand-I bought something from him but at the same time I gave him the thing that I was trying to buy from himthe thin g that he did not have; but which I alrea dy had and gave to him. Neither of us knew
it at t ime. Even t oday, two
year s l ater , he will not kno w the value o f the thing that I gave him, unless he happens to read these words. EVEN THEN, HE WILL HAVE TO TAKE THAT THING AND LIVE IT, rather than read it. That thing was more useful than the Ma ster Ti me Fact or, and in fact, it is what we are all looking for when we desire the knowledge of the Master Time Factor. It is a strange, curious fact- the living of this thing makes it comes alive. The reading of it is just words. The thing that I am talking about is is in Appendix V in the Appe ndices.
"
The Seeker ' s Creed " . It
Until this very day"my friend" was the only person I had ever given My Creed to. Now, I give it ot you. I hope you will PROVE IT-HOLD FAST TO IT-THEN GIVE IT TO YOUR FAMILY, CHILDREN, and AND FRIENDS. IT IS MORE VALUABLE THAN SILVER OR GOLD—OR THE MASTER TIME FACTOR! "
THE SEEKER"
August 8, 1983
TABLE OF CONTENTS Chapter 1 - Introduction - My Story Begins...................................................... 1 Chapter 2 - Disaster For An April Fool............................................................. 8 Chapter 3 - What Next? Or More Aptly Where Now?.......................................13 Chapter 4 - "You Must Destruct Before You Can Construct". 16 Chapter 5 - 1 Begin Again ......................................................................... 19 Chapter 6 - Stock Market, Astrology,Mindset,Mr. Gann & Me. 24 Chapter 7 - 1 Discover the Legendary Master Time Factor!. 35 Chapt er 8 - Here Is A Path . You Coul d Try This One ... 63 Chapter 9 - "The Seeker's Creed"..........................................................................................................................67 Chapter 10 - For Me - The Closing Of A Circle............................................... 69 Appendix I - Forecasting By Time Cycles............................................................... Appendix II - Fragments of Gann Monograph ......................................................... Appendix III - "Learn Before You Lose" Sales Brochure .... Appendix IV - "Forecasting" (The Master Time Factor Lesson) . Appendix V - "The Seeker's Creed"................................................................................................................................. Appendix VI - Master Time Factor Charts Of The DJIA ........................................... Appendix VII - Weekly Charts Showing Master Time Factor . . .
CHAPTER 1 INTRODUCTION -MY
STORY
BEGINS-
The first time I ever heard of W.D. Gann was in the late spring of 1979- Looking back, I was in a transitional period of my life. For the previous eight years I had made my living in real estate brokerage and buying and selling for my own account. I started with houses and then became mostly Involved with buying and selling farms and farmland for myself. I always have enjoyed dealing with farms and land and I still enjoy it today. There is some undefinable satisfaction for me in the process of buying and selling land. I had several good years financially in
my real estate
business, but in 1978, I began to become concerned about the economy in general and the real estate market in particular. Fa rm la nd prices wer e climbing s harply in my area an d most of the buying was by large farmers and professionals who kept bidding up the price of any farm that came on the market. In my opinion, one of the primary reasons for this was that the agricultural lenders were encouraging farmers to
"
get bigger " ,
bigger machinery and bigger farms, because bigger was supposed to mean the same thing as efficient. The financing was done primarily by the man y case s the lenders
local farm lending agencies and in
were loan ing 100% of the then
inflated values. I did not see how this ever escalating cycle co ul d co nt in ue . I began disposing of my inventory of farms and land and s hedding myself of debt. I si mply felt u ncomfortable and could no longer bring myself to buy except on optionswhich I would sell the farm by the time the option expired or, if I hadn ' t been able to do so, I would simply forfeit my option money. At this same time I began looking around for something to do which would allow me to buy and sell even in
down markets. I had not been able to figure out a way to do thi s i n th e r eal estat e m arket tha t I wa s us ed t o op era ting in. Als o, I want ed som ethi ng tha t would require no inventories to be financed, no employees to be resp on si bl e to , an d as li tt le overhead as possible. Someone, I have forgotten whom, mentioned to me one day that I should consider the stock market, or even better, the commodity markets. I had purchased some stocks several years earlier but they did not turn out to be that succe ssful in regards to the return on my money. I decided then that I could do more with my money than putting it into stocks. So I had not been interested from that time in the stock market. I did begin thinking about the commodity markets, though, and I thought, here is an ideal' business for me. I like b uying and selling and I can operate in up times or down times. I began following the commodity quotes in the Wall Street Journal. Then
I sent off for some information about commodity trading from an advertisement. This led to my opening a trading account some few weeks later. My first trade was in nothing about commodities. I didn
corn. I knew absolutely ’
t even know to figure out the
price fluctuatio ns. I asked my-broker what should I start trading and he said corn because it was easy to trade and the moves were not that big. So, I bought corn, I lost $4000 on that trade before I learned that the moves might not be big, but I had lost more on that one trade than I had on any of my real estate transactions. Obviously, I needed to learn something more about this commodity trading before I put out more money. So, I purchased my first book on commodity trading through a mail order advertisement. Will you believe that the first book I ever purchased about commodity trading was a book by the name of "How To Make Profits In Commodities" by W.D. Gann? So, here I was- a man who knew nothing about the markets at all, getting my introduction by W.D. Gann. I
was "hooked
"
on Gann
from the very beginning. I remember, I received my copy of "How To Make Profits-" on my birthday in June 1979 and I took it with me on a vacation that my family and I were
embarking
on. The whole vacation I read that book. And read it. And read it. The vacation passed and I came home and ordered the W.D. Gann Commodities Course. The material in the book and the course seemed difficult for me to understand at times and in places; but, I thought that it was just the fact that I had
not had any experience or
know ledg e about trading and that
once I learned
the
"l an gua ge of th e mark et" I would no longer ha ve tro uble understanding. Later, I learned that others had that same difficulty too. During the Summer of 1979 I studied my Gann book and Gann Commodities Course. I began spending more time studying it than I did in m y real estate business.
This may have
been a
good thing because the farm real estate market topped out in the fal l of 1979 and has been down every since. Our average sales have gone from approximately $1900 per acre down to the present average of
approxim ately $1000 pe r ac re. This
fall has indications of being even lower due to the number of properties needing to be sold. Going back to the summer of 1979, I read the commodity course over and over. I tried to trade occasionally, but my results were not satisfactory at all. I thought I
understood most of
Mr. Gann ’ s rules and ideas but when I tried to put them into practice they just di d not work out that well. I couldn 't tell which top or which bottom to trade by. So I just
kept
studying and at the same time I started buying other commodity books and was studying them too. By this time I thought that I had learned that the most important thing in the market was to trade by following the trend of the market. The problem was I could not determine the trend
or by the time I did determine it,
it seemed to be going the other way.
I was trying to trade all the markets. When I saw something that looked like a good trade, I would trade that market. I re al ly had no set o f rules. I trad ed mostly b y what I "felt" was a good trade. My trading was not profitable by any means, especia lly, if you consider the time a nd effort I was putt ing into it. I spent the fall and winter of 1979 studying Gann, occasionally trading, never too successfully, but not losing any real money. By this time I had ordered charts and advisory ser vice s of all kinds. I had purchased many books about the market. I had more money Invested In advisory services and books than I had made in the market. They were all interesting but none of them seemed to provide me wi th the necessary knowledge to trade the market s success fully. I had begun studying Mr. Gann's angles and squaring of price and time. I had many problems deciding what was valid and not valid with both the angles and the squaring of price and time. I had a "Hewlett-Packard 38C" calculator which had a date function on it that I found invaluable in calculating the number of days between dates. I decided to take the May Soybean Contract and learn all that I could about it. I reconstructed a monthly and weekly chart back to the time it first started trading. I calcul ated t he squares in monthly, weekly, and daily time periods from the extreme low and high and from the opening of the contract in 1936. I could see some interesting relationships but always in hindsight. I was not able to trade profitably or cons iste ntly usin g the squaring of pric e and time. I spent ma ny wee ks tr yin g t o fi nd some method of using squaring of price and time that I could make into a trading rule in line with Mr. Gann's rules ab out price and time as I understood them. I coul d not c ome u p wit h any thing . The n I looked at his rule s on angles. I ran angles on all the bean charts. I ran angles on
monthly charts back to 1936, weekly cha rts , an d da ll y ch ar t s as fa r b ac k a s I cou ld ge t t hem . I spent considerable time and money trying to get data that I could use and then making dally c harts by han d. Again, I saw so me I nterest ing correla tions in hindsight, but nothing that I c ould "t rade off of " in a consist ent man ner. I won dered if the sca le were distorted by time and the differ ence in the rang e of prices today relative to the time that Mr. Gann wrote his rules. This led to my investigation of scales of price and their relationship to Mr. Gann's rules. On a farm near town I had a barn wi th a si xteen foot ceil in g in it. I or dered Mr . Ga nn/s srcinal charts (weekly) that he had sold, then Mr. Lambert had kept up to date and sold until Mr. Jones purchased the material and which had been kept to the current time. These charts were on the same scale on which Mr. Gann had based his rules. I built a wall in my barn to accommodate these charts because it was necessary for me to see what they looked like. It required a wall 14 feet high for me to incorporate the May, July , and November co ntracts. It was 53 feet long . The end result o f this was the sam e- intere sting, but difficult to utilize.
Next I tried trading by Mr. Gann ’s rules based on his "mechanical method and trend indicator". Again I had the same problemunsatisfactory results. Either I was using stops too close or did not understand his rules proper ly. I must confess that I was trying to mix all his other rules in at
the same time.
Then I looked at his rules and comments on time. I had always been intrigued by time and its meanings. Over the years I had always had an interest in natural things and nature. History and philosophy were of particular interest to me. Of course, I found time periods everywhere. Too many of them in that Mr. Gann said that the time factor w
fact. I knew
as the most important
to observe and that when time was up look for the other yard stick s to confirm time. My probl em was that I could not tell which time "was up" and which yardstick to look to confirm the time. There were just too many times and too many yards ticks for me. Then I got into calendar time and market
time. I concluded
from my reading of his material that he put greater emphasis on market time than he did on calend ar time beca use of his desc ripti ons about how to make charts . I went into great detai l and study of market time. I arrived at the same dead-end path here . Then I studied calendar time. I did f ind that trend changes of some nature were likely to take place approxim ately every 45 days or so on the dai ly charts. The problem was that they were usually a swing of some proportion and again diffi cult for me to trade successfu lly. Then I got into the squares and
calculators and master charts.
They were like puzzles. I would work for days and weeks trying to fit together one piece of knowledge from them. I worked on them so much that I actually would see them in my sleep. End result? Same old story! Then in the summer of 1980 I attended a Gann trading seminar in
Florida. I took my wife and son with m e. The seminar was wellpl ann ed an d it co nsi sted of tw o pa rts. Th e fi rs t par t wa s an analysis of Mr. Gann
’
s time rules as applied to the markets
today. The second part was a
presentation on astrology. It
was an interesting and useful seminar to me,
especially the
first part on time analysis. I listened to the part on ast rol ogy , b ut, I Just could no t belie ve that it provi ded an y answers on how to trade the markets in a consistent and profitable manner. I could not believe that converting a price to the longitude of a planet could possibly determine w
hether
tha t pa rtic ula r p rice as b ased on the longitude of a planet would make top or bottom or meet resi stan ce of any kin d. ( I st ill can ’ t be liev e it today .) Th is presentation on astrology probably tur ned me off on astr olo gy more than any other one thing. I could not bring myself to study something so ridiculous. I knew that there were valid tenets and obs erva tion s in all old and ancient beliefs but I just w ould not believe that the pr ices of beans and other commodities could be judged by these "signs and houses".
The most useful and important benefit to me of this seminar was the people I met there. Th ree or four o f those peop le hav e turned out to be very goo d friends and I would never have m et them had I not attended the seminar. While attending this seminar I heard several "daytraders" talking about how they used Gann successfully in their day trading activities. And I heard someone say th at a ti ck er or quote machine allowed one to acquire years of experience in a few weeks by watching all of the trades and quotes every day. When I came back home the first thing I did was to order a "ticker" so that I c ould acquire that "experience" and learn in weeks what was to have t aken years. I got one that gave me hardcopy so that if I had to be out duri ng part of th e day I wo uld be abl e to study each trade at the end of t he day. I chose to follow May Soybeans and December T-Bonds. They were both on the C.B.O.T. and I would only need one Western U nion line to get both of them. I chose the beans because Mr. Gann had recommended them and I had his rules available on them. I chose the bonds because I ha d made some profi ts trading them (more th an on anythin g else). For several months I day traded beans and bonds. I attempted to use all the angles and time periods and ru les. My success was marginal. I made some profits on balance, but after de du cti ng the cost of the qu ote equi pment I co uld have ma de more money working some job paying minimum wages. I did get a great deal of market experience in a short time though. Again I found that Mr. Gann's rules as applied by me just did not produce outstanding resu lts . I re all y k ne w all th e tim e tho ugh that Mr. Gan n caut ione d aga inst shor t ter m in and out tradi ng and t hat it was not fa ir to appl y his ru les to day trading. One thing that I definitely learned was that for me da
y
trading was not the thing that I wanted to do for the rest of my life. I enjoyed it enough. Really, too much. I spent all my time at the ticker. I even had lunch at the ticker. I ignored my family, my busines s, my frie nds. Afte r looking back, I beli ev e th at day tr adin g as I wa s do in g is the biggest was te of tim e and mone y that I can i mag ine. I have a fri end th at st il l da y t ra de s. He has for seven years. He has not made any large amoun t of money but he con tin ues to day trade every day that the markets are open. After the market closes he studies the charts and the mar kets until midnight an d the wakes up the ne xt morning and is a t hi s ticker by 8:00 a.m..He has no time at all to spend with his family. I did this same thing when I had my ticker and I tell you IT IS NOT WORTH IT! Another thing that I learned about having a ticker is that I had the urge to try to trade too o ften. Even when I was not day trading bu t using the tic ker t o tim e position trades, I found that watching the ticker gave me the urge to try to trade every swing. I got to the p oint that I ju st wanted to trad e all the tim e. I am su re tha t th er e mu st be someone who has been consistently successful a s a day tr ader, but I have nev er found that person . If you are the average per son, I urge you to learn from my experience and save your time. Your
time is one of your most valuable possession s. During the time that I was day trading and watching the ticker I kept studying all of Mr. Gann's books an d courses. By this time I had purchased every book and co urse of his that I co ul d fin d. I was tr ying to f ind some one who act ually kn ew him and that had taken person al ins truction from him. I was able to f ind a m an that wo rked for him at on e time. But that gent leman did not want to talk. I hav e alw ays desired my own privacy so I u nderstood. I was able to locate Mr. Gann ’ s son. I m ade a trip t o see him. He was a ver y nice and distinguished looking gentleman. You could te ll tha t he was a man of quality and character. He was courteous and gave me thirty or forty minutes of his time and he was a very busy man. In his office he had a large pictu re of his fath er hanging on the wall. That picture dominated the entire office. For some reason I could not bring myself to ask Mr. Gann about his father's master time factor, b ut I can tell you tha t i t was very difficult not t o ask him. I did as k him s what he thought was the most useful part of his father wor k. He tol d me tha t he thought that his fathe r's resea rch and work on time cycles was the most important work that his fat her ha d done. He als o to ld me seve ral oth er thin gs abo ut h is fa ther . He felt that his fat her 's work and lif e ha d be en comme rciali ze d. I al so did not fee l inclin ed to ask him about any personal details of his father s life. I did ask him as I was leavin g if he c ould g ive me any advice about the m arkets or the use of the master time factor tha t Mr. Gann used. He told me that his advice to me was invest in the stock and securit ies mark et, under good compe tent c ou ns el ^ and to refrain from speculating in the commodity markets at all. He also told me that "ther e was no such thing in science or nature called a per petual motion machine", tha t people ha d ’ looked for one throughout history, but that it Just didn t exist.
I made several trips around the country trying to locate various things and various people that could help me understand more about Mr. Gann and his tra ding philos ophy. I tri ed to re produce what I could of the boo ks that Mr. Gan n had on his readi ng list and the on es that he sold. I searched all over the country for certain books and publications. With great e ffort I w as abl e to find the book s that I wa nted. During my search for Mr. Gann ’s master time factor , I purchased and perused over 2000 books and man uscripts. I pu rchased as ne ar as c omp lete set o f C. B.O. T. annuals as I could find. My set had most years from 1887 through 19 50 . I w an te d to ve rif y ’ everything that I could about Mr. Gann s references to the various mar kets and the sit uations he was discussing. I mad e a spec ial trip to H ew York to a w ell known astrology bookstore and I purchased $1800 worth of books on that one trip alone. Most of them were out of print and were written ’ during or before Mr. Gann s early writings. I also purchased every market classic th at I could find about the market. I studied Elliott waves, Wyckoff, the Andrews mate rial, Hurst, Gartley, Drew, Edwards & Magee, Moore, and others. Also during this time I heard of this person and that person that was supposed to understand the Gann method very well. They were in fact said to be experts and were making their cli ents lots of money. Sinc e my tradi ng was not r emarkable by any sense of the wor d, I ope ned tra ding acc ount s sepa rat ely and let two of these so -c al le d ex pe rt s tr ade at th ei r discretion. This experience tau ght me tha t the expe rts th at I had chosen lost money for me more quickly and in greater amounts than I had ever been able to do on my own. As a matter of fact, I had opened a trading account with one of these experts in November of 1980 (you remember, the top of the bean marke t) and the fir st day that he had re ceived my funds he started buying beans as the market was goin g
limit down for the preceding three days. The rule he used was if three days limit down, buy for an upturn. The upturn did not come so he bought more as it continued limit down. I as ke d him if we sh oul dn' t ju st take my loss and
ge t out
an d wha t ki nd of st op s di d he pl an to us e. He sa id th e market was too wild to use a sto p and that it c ertainly had to rec ov er and we woul d get ba ck so me of the lo ss es an d stand aside. I did not learn then th at h e ha d in f ac t bo ug ht ev en an othe r cont ra ct of be ans afte r an ot he r li mi t do wn move. He sold all my contracts of beans on the opening on the day of December 12, 1980 at which time they
opene d limit
down and then immediately aft er move d up for the se co nd ary ra ll y at th e to p. He
sa id he was
sor ry . In fi ve da ys of
trading for me this expert had lost more money for me than I had lost in my
entire time of trading commodities. Since I
sometimes learn slowly I tried a third expert. This one was not a day trader but one who traded in and out of the markets quickly and seldom held a position for more than three days. He had been in the markets for years and really knew how to trade. He lost several thousand dollars for me in less than two weeks. The trades made no sense at all and he could not tell me wh y he mad e them. He didn' t even say he was sorry! Thes e expe ri en ces led me to my current trading rule #1-NEVER ALLOW ANYONE ELSE TO TRADE FOR ME. Since none of my experiences in learning to trade the markets by using Mr. Gann's trading philosophy had worked out very well for me, I, had begun a
concerted effort to learn what the
maste r ti me factor was and h ow it was to be u sed. I thought that if I could only acquire the master time fa
ctor then
eve ryt hin g el se wo uld fall in to place . Un think ingl y, I am su re th at I ex pe ct ed it to be a magic formula that would allow me to conquer the markets and tell exactly when each and every to p and bot tom wou ld occur. I h ad beco me tha t "wrapped -up" in my effort to fin d it . This intense desire for
something that I did not even know what it w as l ed m e to lose touch with the prudence that I had been blessed with in every other area of my life. I had actually hypnotized myself into believing that this master time factor was th
e
greatest and most desired formula in the world. Well, it was the spring of 1981, and April 1st was approachin g. April 1st used to be called April Fool's day and I will always remember April 1, 1981, as my special day, becaus e I believe that it was na med ju st fo r me.
CHAPTER 2 DISASTER FOR AN APRIL FOOL!
During the late winter and early spring of
1981 I was riding
out the real estate recession and pursuing with great zeal Mr. Gann's master t ime facto r. As I told you e arlier, I was becoming ob ses se d wit h the id ea th at if I cou ld ju st ac qui re the mas ter time factor that it would solve al l my trading problems. I had quit day trading, although I still had my ti ck er an d I st il l spent many hours watching the markets trade. I continued to buy old books, read, experiment with the vari ous ca lcul ator s and master charts . I notice how frequen tly d uring the day that pric es wo uld t rade agai nst one o f the se cr itica l poi nts on a calculator, then back off and sometimes the price would hold, but as ofte n a s n ot it wou ld not hol d. I was no lon ger day tradin g b ut I had the co nsta nt urge to be in the m arket. I felt gu ilty if a move started and I mis sed it. I fel t ang ry a t tim es i f trades didn't go my way. I ne ver had t his pro blem in m y real est ate busin ess. I simply decided the best price that I could offer a person and made that offer. If I got the property, fine, if not, I never thought about it with any remorse. If I o ffered to s ell a property to a person, I gave them my lowest and best price and if it were good for them to buy, fine, if not, I didn't want them to buy something that would not be b eneficial to them. I knew that my mental attitude was not correct and I tried to compensate by leaving the house during the day and avoiding watching the ticker, but leaving the ticker on and coming home after the market closed; then studying the tape at night and making a trading decision to buy or sell based on that day action. This worked better and my looking better.
s
tape
monthly statements began
I knew that Mr. Gann had used astrology in trading but I could not bring myself to get into the study of astrology with any fervor. However, I had begun reading the many books
on astrology that I had acquired in New York and other places around the country. I knew that somehow the master time fac tor must be associated with astrology but I could not find a verif iabl e clu e. I kept re ading al l kinds or ma rket boo ks and studying astrology-but never in any depth. I had started studying all I could fin d on cycl es. Cycle s of any and al l kinds. I knew that the master time facto r had to be a cyc le of some nature because Mr. Gann said it indicat ed to him when certain cycles would repeat. My trading was Improving because I wa s trad ing le ss often and st ayi ng in a pro fi tab le trade slightly longer. In March of 1981 I received a phone call from a man that had come to be a close friend as a r esult of meeting him at different Gann seminars around the country. We had never been to each other's home, but we had many phone conversations over those months. This man was a very knowledgeable man about Mr. Gann's works and this man like myself had spent many hours and weeks studying Gann. We had sha red inf orm ati on and ins igh t with each other on several 8
occasions. In this story I will simply call him "my friend" beca use I hav e no des ire to mention hi s name an d ca us e embarrassment to him; although easy for me to come to this state
I
can assure you that it was not of forgiveness. By daily
practicing my creed, which you will find in the Appendices, I was able to finally get to this state of mind where I am oblivious to pa st i nju sti ces of this type. I look to the present and the future- not the past, (except when of the market.)
I am forecasting the trend
Now, getting back to the phone call from "my friend". He called me that March night and he was very excited. He said that he had the most wonderful news! He said that he had finally found wh at Mr. Gann used to trade the markets a nd what he had used to make his predictions and that he was sure it would call any market of any type; he had proved it in one particular market. Al though, I had shared all of my findings wit h him, he did not offer to share thi s knowl edge w ith me. He cal led t o tell m e that this was th e most va luable I nform ation t hat he had ever encount ered and tha t he h ad decided to sell thi s to only four p eople . He furth er sa id that he had carefully chosen these four people. He said that his criteria for choosing these four prospe ct s were th at th ey must have really studied Gann for many lon g and hard ho urs and that they must be honest and promise not to reveal this information to anyone outsi de their imme dia te f ami lies . Al so, the se f our persons would have to sign a legally prepared agreement which imposed monetary penalties on them if they should ever reveal this information. He then wen t on to tell m e how much he wanted for this Information. IT WAS STAGGERING! SUBSTANTIAL! He assured me that it wo uld work in a ll the mark ets but that h e had pr ov ed it in the one particular market and that if I followed this formula and information exactly as he taught it to me and if would save a copy of my brokerage statements so that he could verify that I had properly followed it, he would guarantee my
I
money back. I told him that was
more money than I had ever
dreamed of paying for anything. He told me
to think about it
for a few days and to discuss it with the other three people to whom he had offered it. He told me who they
were and two of
them I knew well, because I had become very good fr iends with them to o. I had met them at my first seminar in Florida and we had attended other ones together. These two people were (and are) fine people of outstanding character and quality. The three of us had spent many many hours studying Mr. Gann works and we had shared all the different insights that we each had. We had promised each other wi tho ut say ing it that if an y one of us ever foun d th e mas ter time fac tor we would let the othe r two know what it was. I want to thank each one of these two people for the help they gave me in my search for th e master time fact or a nd a lso duri ng t he aftermath of my April Fool s Day fiasco. They were the only two pe opl e th at I cou ld tal k to aft er the disastrous episode took place. Up until I began trading the commodity markets and studying the Gann material, I had always been a prudent common-sense type man. I know that my story so f ar does lead yo u to que stion that
statement but it is true. I d
on ’ t know what it is about the
commodity markets that allow ordinarily prudent
supposedly
intelligent people to make some of the blunders that they make when it comes to the commodity market. I think we sometimes lose touch with reality when we b ecome obsessed with anything. Our balance is destroyed and we end up mesmerizing ourselves into a false condition where we see our world as reflecting this mesmerized version of what we want to believe. Mr. Gann described something similar to this condition in his book, "The Tunnel 11 Through The Air . At any rate, I believe now, in looking back that I
had set
mys elf up for something like this to happen to me because I had become overbalanced. I had searched so long and so hard for this master ti me factor th at I had lost touch with reality and common sense. I will say that if any other man other than the man whom I call "my friend" had made this offer to me,
I
would not have even though t about the of fer twi ce. I would have immedia tely s aid no. But, as I tol d you earlier I was "primed" because I wanted the master
time factor so b ad and
then I really t rusted "my friend" and al though I thou ght th at he would have offe red i t to me fo r no thing as I woul d hav e do ne for him; the fact that he didn
’
t still did not make me realize
tha t i f h e h ad rea lly bee n my friend he would not have tried to sell me something that we both had
worked so hard to find.
I thought about this phone call and offer for several days. I called these other two friends of mine that
were being offered
this same information. They were excited too about the prospects of having the master time factor revealed to them. "My friend
11
did not actually call this formula the master time
factor but he implied that it was it. None of us who had been offered the material really knew what to do. We did not want to put out th e kind of mo ney that "my friend " wanted, but we all wanted the master time factor and w e all believed in the Integrity of "my friend". We trusted him completely. We were planning to go to a s em in ar being he ld in Ch ic ag o du ring the
firs t we ek in Ap ri l. This seminar was being held by Mr. Billy Jones of Lambert-Gann Publishing Co. I have always enjoyed Billy ’s. seminars more than anyone else's. Anyway, the three of us decided that we would get together in Chicago and then dec ide what we wou ld do about this off er . I have had many blessings in life. I live in the greatest country in the world. This country may be t
he last hope for
man kind . I have always had good he alth. I have al ways been able to make a living for my family and have plenty o f time to read and pur sue the things in life
that I en joy doing. I have a
fin e so n of wh om I am very proud. But my greatest blessing has been my wonderful wife. She is a remarkable woman. She has always left the business decisions to me and never questioned my judgment. She, of course, had sacrificed many hours of her time so that I co uld spend all of my days and many nights studying Gann when I should have spent tha t time with my family. I talk ed with her abou t this offer and a sked what she thoug ht a bout it. I could tell that she was not 10
impressed at all. I had promised "my
friend" that I would
meet him in Chicago where we would both be attending the LambertGann Seminar.
I
was to meet "my friend" on April
1st and the
semin ar was going to start the next day. When I asked my w ife what she thought I should do about the offer, she would only remind me t hat April 1 st, the day I was
to meet my friend
and
ac ce pt or reject his offer was APRIL FOOL'S DAY. I ha d not thought about April Fool's Day since I was a child. But my wife's mentioning of it was forecasting a coming eve nt for me. I left for Chicago to meet my friend and unfortunately for me, I had already made up my mind th
at I was going to pay this
SUBSTANTIAL amount of money for this information that "my friend" led me to be lieve w ould be the el usive, l egenda ry mast er time factor. I met "my fri end" in Chicago as ag reed on APRIL Fool s DAY. He had me sign the agreement that he had prepared by an attorney near his home. He assured me that if I wanted my money back at anytim e I co uld ask him fo r it and he w oul d re tur n it to me if I felt th at th e for mula d id n ot wo rk as he sai d tha t i t woul d. He said again that it would work on any mark et, but since he had only pro ved it on one marke t that would be the marke t that we would need to trade. I gave him this SUBSTANTIAL amount of money that we agreed on and he again promised me my money back if I w er e no t sa ti sf ie d. Thi s w as t he op eni ng of the do or t o t he most foolish and most painful room of experience that I have ever en tere d In my lifetime. The door was ajar before I entered. I could have looked in and seen what was IN there. I didn't look. I "
just
"
pushed open the door and ran into the room because I wanted the promised contents with a desire that squelched all
reason. I
accept the responsibili ty of this very poor judgment on
my
pa rt. I bl am e no on e other th an my self . On e of th e re as on s that I am writing this story for you, is so that you
will be
ab le to profit from my mistak es and if I can save just one of you, my readers, from trying the same
path I took, then this w hole
effort of writing this story will have been worthwhile.
Even though I accept the full responsibility for my actions in regards this most strange and sad transaction, natural law says that "my friend 11 has sown the wind and must reap the whirlwind, either now or later. That part is not somethin
g that I can do
anything about. In order to bring this part of my story to as rapid conclusion as possib le, but yet allowin g you to have the full sto ry th at I promised you, I can simply say that "my friend" took my money and gave me a formula of gibberish in return. To make it worse, the agreement called for me to actually trade this thing according to his recommendations, in order to ever get my refund; although he promised outside of the written agreement to give me my mone y back any time I requested it. His trades were constantly losi ng trades in his one market that he
had proved. As a
mat ter of f act I lost more money following h is trades until at the en d befo re I really accepted ho w stupid the whole thing was, I began taking the exact opposite of what he told me and then I reco vered some of the money I had lost trades. 11
following the
I cannot tell you the pain and frustration that this experience caused me. I am trying to speed over this part of my story as fast as I can and I am really ashamed that I ever fell for something this ridiculous. I promised you the true story of my search and I have to relate this part of it to you; but it is not easy for me write this. Well, I laboured on with this whole affair and made every effort that I could to get "my friend" to give me my SUBSTANTIAL amount of money back. He just promised nd a promised that he was going to do it. He told me all kinds of stories about how he was working on it. Finally he told me that he had donated my SUBSTANTIAL amount of money to a children's hospital near his home. But that he had done it with the understanding that he might have to recall the donation if he had to refund the money to a "client" that had given him the money. "My friend" told me that he was arranging to get the money back and that a local bank was acting as the director of fund raising for this hospital. He even gave me the name of the bank. After this drug on for several weeks, one day I called the bank and learned that they had never heard of "my friend". Yes, dear reader , my search for Mr. Gann' s Master Time Factor had broughtme to this point, where I still believed all the lies that "my friend" told me, until the bank said that they had never heard of him. Well, I had been asleep for a long time, and dreaming,-.no having a nightmare; but, thank God, I had at last awakened. I finally realized at that exact time that I would never get one penny of my SUBSTANTIAL amount of money back from "my friend". I had made the biggest single mistake of my lifetime. I have never heard anymore from "my friend" until one of my real friends (one of the other three prospects-they were all too well-balanced and too smart to fall for the APRIL FOOL'S disaster) sent me a copy of a newsletter he had seen. This newsletter sold for $16.67 per issue. In two Issues of this newsletter the entire formula that "my friend" had sold me (and promised in writing In my agreement not to sell to anyone else other than his children) was printed in this newsletter that I could have purchased for $33«33. (There are some numbers for you, Gann fans!).Apparently "myfriend" had sold his formula to the newsletter too. This was the "final blow" to my ego and was the one thing that seemed to show me just how much time and money I had wasted on my search for Mr. Gann’s Master Time Factor. Well, let's end this chapter here, while you ponder on how you would feel if you had been so foolish as me (I'm sure none of you will ever have to worry about that! Will you?)
12
CHAPTER 3 WHAT NEXT? APTLY
OR MORE
WHERE NOW?
Have you been thinking about how you would feel if you had been so foolish as I? Would you be pretty well fed up with the searc h for the master time factor ? Would you ever want to hear of the commodity markets or the name Gann? You, being an unemotional pass ive obse rver to wha t I have relat ed to you so far, are probably saying, "serves him right-anyone that foolis h". Yo u would a lso point ou t, being the a stute observer that you are, that the problem lay not with the commodity markets, nor with the name Gann, nor with the master time factor, but SOLELY with the author of this booklet and his attitude towards s omething which had d istorted his perspective towa rds r eali ty ab out t he ma rkets, th e mas ter tim e fac tor , and i n fac t, life in ge nera l. Well , if you cam e to the se conclusions, you would be precisely correct. You have come to the same conclusions that I reached in the fall of 1981 about myself. But you have also hit on so mething else. Those same conclusions that you have reached about my behavior thus far in my search for the master time factor are the very ones that I believe th at kee p us from makin g pro fi ts in the markets. If BECAUSE OF OUR we continually incur losses in the market it is ATTITUDES TOWARDS THE MARKETS WHICH HAVE DISTORTED OUR PERSPECTIVE OF THE MARKETS, OF REALITY, AND OF LIFE IN GENERAL. And how have we gotten to this point where o turned into our perspective and messed us same way I «did- day by day, deg
ur attitude has up? We got there the
ree by degree, bad habit by bad
habit, misplaced striving by misplaced striving, wron
g desire for
the wrong thing by wrong desire for the wrong thing, mistake by mistake. Have you noticed the language that I have used in the pre ce di ng se nt en ce ? Wh at ha ve we do ne? We hav e SQ UARED our bad habits and mistakes in time. How? In using the word "by" which means times in between the same two words or phrases we are
multiplying these bad habits or mistakes by themselves, which is the mathematical definition of squaring a set, or anything. What
'
s worse we are doing it day by day,
deg ree by degree, which me hab it s an d erroneous
number, element,
ans that we are squaring the
and se bad
ways of attitud es, think ing, an d
p e r s p e c t i v e s b y t i m e too. And what a re squares? They are building blo cks (eve n on charts) of equal height and equal
width and equal l ength. They are a lso the base o r foundation for t he next s quare up. Now if our bas e or fo und ation i s buil t out of bad habits , mis takes, wrong thinking, and wrong action- how can we ever hope to accomplish anything (in the markets or life) other than wh at we have created already? There is only one way that I have found . It is the title and subject of the next chapter in this booklet. It is what I had to do with myself. It is what I had to do with the Gann work. It is what I had to do with ray attitude, habits, and perspective. I had to te ar ev er yt hi ng ou t- te ar it al l down and clear the base 13
and foundation. I had to destruct it all. And most difficult of all, by far (that "by" means distance multiplied by itself), I had to tear down my emotions, feelings, ego, a nd intangibles that came closest to what I thought that I WAS. My essence- as clos e as I cou ld. If I had stopped to think after a short time in the market whe n the profits were not coming in the way they s hould have been in any successful business, I would have realized the ab ov e mentioned tru ths many mo nths and many thousands o f dollars ago. I tell you now, if you have not made profits, but instead have had losses in the market for at least six months running, YOU MUST STOP TRADING. That's all! Just stop trading. What makes you think the next six months will be any different? Hasn ' t my story provedthisto you yet?WPROVE ALL THINGS AND HOLD FAST TO THAT WHICH IS GOOD", (for your information at this point, "prove" also means to square). Now, I didn 't s ay qu it t radi ng, I said STOP TRADIN G. If you are not maki ng prof its, why are you trading? Why wa s I t radin g, if I we re no t ma ki ng pr of it s? If I had STOPPED TRADING months earlier, look at how much better off I would have been. So if you haven't been making profits for the last
six months you
will promise me that you will STOP trading. You understand don't you? The longer you continue trading and losing, t
he larger
building (you), you are going to have to tear down and destroy, because you have built your squares on a bad base or foundation. The sooner you STOP building your squares the smaller your area of destruction will have to be. You will hav e t o d o t he sam e thing that I had to do. You will have to tear down bac k to the foundation o r base and clear up the debr is and lay a good new foundation and then build again- build a good building on a good foundation- one that will allow you to sca le new heights! At this point I need to
digress again for three or four
paragraphs. Whe n I left you at the end of the previous chapter
I had arrived at a pretty low emotional state, mental state, and financial state. My wrong habits, mental attitudes, and stupidity along with the aid and assistance, of "my friend" had left me pretty well devastated. On top of that I developed a health problem in the late summer of 198l-all at the same time that I had finally realized the enormity of my erroneous ways. I may not have made myself clear to you up to this point, but when I have been writing SUBSTANTIAL money every time I referred to the money that I had given "my friend", I have been putting all capital letters to emphasize that SUBSTANTIAL is Indeed what I mean to say. Needless to say, the health problem that I had developed (a kidney problem) did not leave me too secure with the long term financial security of my family. I had plenty of life insurance but I had not made at that time the necess ary provis ions for any unfo reseen long t erm ill nes s. So I h ad thi s whole situation to contend with in the middle of the most severe real estate downturn that I had ever lived through. Most of my rem aini ng asse ts were In real estate. I hope that I have given you a c lear e noug h pict ure of the things I was thinking about at 14
this time. What I really needed at this particular time of my life in the late summer of 1981 was some type of sustenance for my spirit or soul. Our spirit is what vitalizes us and my v itality was low at this time, low physically, mentally, and spiritually. Then I thought of my creed. "The Seeker's Creed"
is an article of declaration of beliefs
that I compiled ov er ten years ago. Non e of these be liefs ar e products of my mi nd, but they were compil ed by me for me at another low point of my life when I was searching for direction in my life. They were the result of my lifetime of reading and experience. "The Seeker's Creed" was what I had used as the FOUNDATION or BASE for my real estate business and I realized at this point that what I, needed was a new strong foundat ion base d on com mon sense an d proven natural laws If I were going to survive this situation I had "built" for myself. I had forgotten about "The Seeker 's Creed" in my search for the master time factor. In fa ct, it seemed that I had forgott en ever ythi ng in m y sea rch for the ’ master time fa ctor. I have also ca lled my creed "The Seeker s Creed" so that you can adopt it for yourself should you so de sir e. I w ill tel l y ou more about later. It is in the Appendices. Now, one of the strange parts of this story again. I never had intended that my creed be anything other than a personal declaration of my beliefs that I had proved would work. For a period of my life I had consciously tried to live by them and I had read them faithfull y every day and practiced them in ray real estate business. But I had forgotten my creed during the last few years and from the time that I had begun my"Gann Voyage" in 197 9 u ntil the time I p ulle d it out in the fall of 1981 I certainly never read it nor did I practice it. But for som e strange reas on, I took it out of the drawer of my desk in my library in May of 1981 and h ad a copy of it made just as it was (I had typed it for myself on my typewriter when I
srcinally wrote it and I had spelling errors and typeovers in it) . I had to go down town to get a copy made and then bought my sheets back and put them in my three ring binder and put my notebook (my creed) back in my desk drawer. I then sent the copy I had mad e to "my friend" as a token of appreciation for his selling me what I thought was the master time factor. I had never given this to anyone else outside my immediate family before nor since until this very da y wh en I am including it in ’
this booklet. Isn t that the strangest thing? Its almost like an opening and closing of a cycle or circle and its almost like the creed and the ma ster ti me factor go together. Who knows? Perhaps, they do?
15
CHAPTER 4 "YOU MUST OBSTRUCT" "BEFORE YOU CAN CONSTRUCT"
In my earlier years when I first started out in business and in ray real estate activi ties I started out buyin g and improving and reselling residential properties. Then I grew into buying and Improving farms and land and subdividing farms into tracts and reselling. When my health problem that I told you about in the last chapter improved and I began studying my creed again I decided to start all over with what I had proved in the past. In other words I planned to hold fast to that which was good. This was in the fall of 1981 and we were still in the worst real estate market that I had encountered during my business life. I decided first of all that I would lay aside for the time being any study of the markets, of Gann material, and any trading in the commodity markets. I was literally "sick of it". I gave notice to terminate the lease on my ticker, packed it up, and sent it back. I closed out my commodi ty trading accounts and had all funds sent home. I determined to return to those things which had worked for me in the past. I read my creed every day- once in the morning and the
last thing at night.
I tried to practice
it where I could every day. I went back to the real estate business with new vigor. I passed on the farms because there just wasn ’t that much market. And I did not want to take the risk necessary to buy and subdivide
-a
farm. If I could work
off an option, I would. I went right back to the beginningresidential properties. This time I was faced with a new problem that I didn't have several years ago when I was dealing with houses. That problem was 17% and 18% interest rates. People were just not moving around very much. (I live in a smal l t own) . I real ized that people wanted to acquire better housing but it was extremely di ff ic ul t for fir st time bu ye rs and you ng peopl e an d sli ght ly less difficult for those
who alre ady had eq uity built u p. So I s tarted trading. I started with the l ower pr iced range and a ll the older, lower assumable rates properties that I could find. I practiced my creed in my busine ss every day just as I h ad done sever al year s ago. I would tr y to satis fy any re al estat e need as we ll as I could. If the person in need needed to sell, I tried to be the b uyer; i f the person in need needed to bu y, I tried to be th e seller; my creed said that t o get s upply you mu st ope n a channel and to open a channel you must do what? You create a need or find a need. So I looked for needs in the only place I knew to look-the real estate market. Even in the so-called tough housing market of late 1981 and first part of 1982 by the practicing of my creed I had a good period financially. Then I got back into farms as well as houses and from Januar y 1, 1982 through March 3 0, 1982 I had sold a little better than one million dollars worth of real estate on commissions. (This is a good place to ask you a question that I have often wondered about. What is it that makes a man ignore what he issuccessful at and suited for-pursue something else that appears more golden, but yet causes him 16
losses and misery, when he could do so w ell Just performing his useful function? A personal example-me and the real estate market and me and the commodity markets.) I felt good aga and hoped t hat I had learned something about
in
life and the
mar kets and m ost of all something about myself. I was back at a good foundation or base-My Creed. (Yo urs too, now, if you w ant it.) Now, through pain, frustration, and not knowing what else to do, I had begun to destroy the wrong attitudes and perspectives that I had allowed to develop in me. But I was doing this tearing down without knowing it. One day in early 1982, I had purchase d a property that I intended to
remodel and then
sell . I went to tal k with this contractor that
specialized in
remod eling . He w as working on a job when
I found hi m; and
the lady tha t h e w as working for was complaining about how much of her house he had torn out and how bad it looked. This contractor said "yes ma'm, it shor looks terrible but you must fust dee-struct fo you can con-struct.
1
' This statement almost
floored me. YOU MUST FIRST OBSTRUCT BEFORE YOU CAN CONSTRUCT. All the things that I said to you in the last chapter about tearing out, tearing dow n, ripping out these bad ha bits and attitudes and thinkin g and per spectives did no t just c ome t o me then. It came to me as the sudden revel atio n when thi s contractor told the lady who was worried about her home falling in on her; and seei ng her and him stan ding in the awful looking mess that was her home and all the rubble
that looke d
like it coul d never be put back into anythi ng useful a ga in. It came to me then that this was like the squares o
r building
blo ck s th at I me ntion ed in th e la st cha pter. Our li ves and market habits and living habits are the same as the home needing remodeling. I saw clearly for the first time that if I needed remodeling-AND I DIDI-then I would have to tear myself down the way I described to you in the last chapter. I saw then too that I had already made the proper start by getting back to the useful part of my experience and life that had
worked for
me in the past, namely trying to live and conduct my business by my creed. I had proved that my creed was good and so I would hold
fast to it and use
it for the
sound and
basis (base or
foundation) of my life in the conduct of my affairs (the build ing of my squares of living blocks). I had also proved that my real estate activities were sound and useful and that I would use them as my base or foundation for providing a living for ray family and a service for my community. I resolved to always In the future to conduct my rea l estate activities and my personal life as nearly as I could on the natural laws in my creed. I had proved my creed f or ten years, left it, and came back to it, and found that it still pro ved itsel f to be true. I al so resol ved not to ignore my real function; and not to go out on any wild searches for "master anything". I knew now that I had something so valuab le that everything I needed could be supplied by the practice of what I already had right here within me (my creedlearne d and lived-inside of me. Precise
ly where the ancients
had always said it would be found.) I also knew at this precise time that I wou ld some day find the master time factor of Mr. ’
Gann s and this is when I reso lved that whe n I did find it I would make an effort to reveal it to others that may have searched long and hard for it. 17
But I contemplated that I would only r out to be worthwhile to other
eveal it if it turned
s.
My course now was clear for the first time since 1979, no, even further back. No longer, would I allow myself to fear the future about the economy or good times or b
ad times. Now through
living my creed I had the confidence to know that I would do the sam e things in bad times that I would do in good times. I would meet the demand of others by being supply . Also, I would go ba ck t o the commodity markets but this time with a different perspective and attitude. I would go back to studying Mr. Gann ’ s works, but
with a different perspective and attitude. I
would go back to my search for the master time factor, but with a di ffe ren t at tit ude and perspe ctive. I w ould do ex actly what th e contra ctor had d one with the ladi es hous e. I would establish my base or foundation as
I
Indicated above. I had
proved it. I knew it was sound. I would take the commodity markets, the
Gann material a nd the search
for t he ma ster time
factor, and I would tear down everything that I could not prove go od . I wo ul d on ly do th is in my sp ar e t im e wh en it WOULD NOT DISRUPT OR HARM MY GOOD SOLID FOUNDATION OR BASE. I would work out a methodi cal plan of a ction that wo uld allow me to do th ese things b y depend ing on myself
from within my
self. I woul d no t
pay any at te nti on to what th is pers on tho ugh t ab out th e markets or what that person thought about the markets. I would
try to
Isolate myself from discussion of the markets and discussion of Gann material. I w ould work as the ancients would say "In Silence,By Silence, Through Silence." I would "PROVE ALL THINGS, AND HOLD FAST TO THAT WHICH WAS GOOD.
"
CHAPTER 5 I BEGIN AGAIN I had not understood Mr. Gann's rules or they simply did not work for me. In fact they had not worked much better than the pathetic formula that "my friend" had sold me. The angles hadn ’ t hel ped me, the squares hadn't helped
me, the
calcula tors and master chart s hadn't hel ped me, the tr end indicators as I had understood and tried to use them h adn't helped me, and the time periods that I had tried to use hadn 't helped me. I didn't really know anyone including the Gann experts or maybe I should say particular ly the Ga nn exp ert s th at I had met or heard of that the Gann material had really made succe ssful. The o nly p eople that I kne w tha t had made any money on the Gann material were people who were selling information or seminars or ad visory letters about his ma terial. (Me too, now, huh?) At any rate, if I
were going to prove all things, and hold
fa st to that which was goo d, at this point I w ould have to throw away the entire Gann trading method. I knew that if the material was ever going to
Gann
provide a basis for a successful
trad ing sy stem for me, I would
have to have a better
understanding of it than I had previously had or I couldn't use it. I ha d a lwa ys f elt tha t the missing element which would provide the "key" to unlocking th e us efulnes s of his ma terial was that same old master time factor. Until I had that
key I
kn ew that the rest of his ma terial was useless to me in trading the markets. I HAD ALREADY PROVED THAT. I also knew that if I were ever going to find the master time factor, I would have to do it myself. No one was going to give it to me or sell it to me. I HAD ALREADY PROVED THAT TOO. Circumstances related to you earlier had already caused me to tear down and destroy those things In myself that I had to eliminate. Now I needed to do the same thing with the Gann material. I have indicated to you in the
dedication of this
booklet how I felt about Mr. Gann. Nevertheless, common sense (yes, I had it back now)
dictated that if I were going
to use
only those parts of his work that I had proved useful, then I would have to THROW THE WHOLE THING OUT! Now, dear reader, what do you think I did this time? You know me pretty well by now, don ’t you? No, you are wrong this time. I DID EXACTLY THAT-I THREW THE WHOLE THING O UT. I told you that I had learned my lesso ns. I lea rned them well . I l earne d th em th e ha rd way, the painful way. Now my lessons had taught me that if it wasn't good, I wouldn't build on a bad foundation . The bib le says that you will know a tree by its fruit. In the comm
odity
marke ts " good " means profits. I ha dn't made any be fore, usi ng the Gan n mate rial, why should I expect to make the m now doing the same things that I did then. Actually, I did retain one single item
of the Gann material.
The M5 day calendar period. I incorporated it into m y rules. I was determined to acquire the ability opened 19
to trade the markets. I
a trading account In the spring of 1982. I traded this account based on some simple common sense rules. I made every effort to incorporate into these rules the op posite attitudes and persp ect iv es th at I ha d earlier. I do n't propose at th is point to go into my trading rules, but, you "know what some of them would be just by reading my story up to this point. For example, I practiced patience by having a rule that I could onl y e nter the market on a new position on one certain day of the week and only under certain conditions. I quit keeping up with quotes during the day and would only update my charts the next morning. I would sav e u p t he new s d urin g t he wee k a nd onl y read it on the weekends. I quit discussing the markets with peo ple. I limited myse lf to a situ ation where if I reach ed a cer tain pro fit tha t was thre e times the loss that I had allow ed mysel f for a g iven month the n I would qu it trading for the month; which ever was reach ed firs t t he prof it or the loss . I had a rul e th at I would be in no mor e than two di ffe rent po sition s at the same time . I also had a rule that if an account had losse s fo r tw o st raigh t months I would close the account out. All of my rules were just simple common sense rules that would help me be with a trend and get me out soon if I were wrong. Most of the rules kept me from tradin g dur ing the tim e that the markets were opened. I was trading now not to make a living, a killing, or for my ego, but simply to make profits of a good return on my Investment, and secondarily to learn more about attitude of myself and to find useful things that would work in the markets. I was gathering materials that I could use in bu ilding my successfu l trading program. When I found something useful I kept it. At the end of 19 82 , for the firs t time since I had been trading I had a net p rofit for the entire year. I had spent very little time trading the markets that year. In ot her wo rds th e les s time I spe nt trading the more money I made. Since I had so much more free time now that I wasn't looking up squares and time periods and divisional poin ts of price and
angles and calculators and getting quotes every hour. I deci ded to spend that free time looki ng for one thing. Yes, you know me. The master time factor. I knew that without it and maybe even with it that the rest of the Gann material was worthless to me as far as trading the markets. I had not wasted my time in studying the Gann material though, because I had re-dis cove red t he value of my creed, and you remember that this was the most valuable knowledge that I ever found. I had copies of every piece of material that I had been able to acquire about Mr. Gann. I had every piece of all of the published material that Mr. Gann had ever written except for a small copyrighted booklet entitled "Senator Warren Harding of Ohio Will Be Our Next President". You may not have ever heard of this booklet. I had never heard of it either. But I found it listed in the copyright section in Washington D.G. It was supposed to be in the Library Of Congress but they could not find it. Yes I went to Washington to see what I could find out about Mr. Gann and his work . I t old you I ha d loo ked hard . Wel l, as I said, I had all his published materials and several pieces of documents, letters, 20
and unpublished materials. I had notes that I had made in interviews with different people that knew Mr. Gann. I even went to Miami once to interview the people in the neighbo rhood th at Mr. Gann lived in his latter yea rs. Also, I had talked with a man that knew who Mr. Gann’s personal astrologer was. I never knew until the n t ha t M r. Gan n w oul d have a personal astrologer. I guess its like thinking that a physician would not have a physician. I will tell you about Mr. Gann's astrologer in a later chapter. Anyway, what I am trying to sa y is tha t I had a p retty fair c ollect ion of mater ial written by Mr. Gann. I decided to use what I had and analyze it in ever way that I could. First I analyzed every word that he used when he talked about time. I looked the different words up
in the dictionary and
compiled a glossary of sorts. I checked to see if he used different words at different places to say the example, I found that when he used
"
same things. For
or" between two words those
two words meant the same thing to him. But they would not have necessarily meant the same thing to me. I would have ordinarily understood them differently. I made a list of words that were different, but meant the same to him. This process began to give me a sort of mindset to the language and expressions of Mr . Gann and I began to see some new meanings to things that he said t hat I had earlier understood differently. The next thing that I did was to analyze his quotations and see how many of them that I could find. I also wanted to see why he used them where he did and
were they used for any
other rea son than what they appeared to be on the surface. I knew that my grandparents had expressions that were quaint to our expressions today. I wa nted to see if a ny of t hose old ex pr es si on s ha d different meanings than they do today. So, I checked on all these language aspects. I found that dictionaries, encyclopedias, and vocabul aries were a reas of g reat potenti al for learning about anything. They give you concise brief accurate descriptions about any specific word idea or concept.
Frequently I found that my understanding of a word or concept was much more v ague and ambiguous than I had realized. By looking up important words and even simple words I began to have a clearer mental picture of concepts. By understanding the precise meaning of words and concepts and the various shades of meanings I began to understand bet te r and I b eg an to sen se so me subt le thin gs that I had not earlier comprehended. Another thing also came to my attention about this time (Spring and Summer of 1982). That thing was the introduction of the Stock Index Futures t o the commodity markets. I told you earlier that I had ne ver been inte reste d i n b uying and se ll in g st o ck s them selves . Because of my lack of interes t in the stock market I had never spent much time studying Mr. Gann ’s stock market books and his stock market course. Oh, I had read "Truth of The Stock Tape" and
M
45 Years In Wall Street" about 30
times each and I had pretty well memorized certain parts of them. And I had read and studied the Stock Market Course some 20 or 30 times. But I had always read and studied them looking for clues regarding time and 21
trying to apply this information to the commodity markets. I was not interested in
the information about
the Stock
Market. I simply rejected this without thinking about it. I wasn ’ t interested in what he had to say about the Dow-Jones or the Stock Market. If I may digress again this brings up another curious part about life to me. I have noticed and I am sure that you have, that the very thing that we reject as being of no value to us frequently turns out to be the most valuable of all-THE BUILDER'S STONE-lf you wi ll. I hav e not iced it ov er and over in my life, that person whom I thought wouldn't amount to anything, that
piece of real estate that I though t would neve r
be worth any thing, that book or ide a th at wa sn 't wor th pu rsui ng , they all too ofte n tu rne d ou t to be the true thing of VALUE . And we have the tend ency to rejec t them because we think that they h ave no value. W hy is this? I t hink th at the answer lies in the area
of what I call
"mindset".
If w e le arn
through habit to loo k at something positively or negat
ively,
then con tinue t o pract ice th at way of looki ng at something, then after a period of time, our understanding and our comprehension of these things tends to take on
the nature of
the way we viewed them over time. If we viewed them positively our understanding would r
eflect to us our viewing rather
than the truth. In other words our understanding or comprehension is a reflection of the way we look at something rather than the truth about something. OUR KNOWLEDGE F O THE WORLD AROUND USIS A REFLECTIONOF THE WAY WE HAVE LOOKEDAT THEWORLD.If we have problems seeing things as the y real ly ar e, it mean s th at we have built on a FOUNDATION OF KNOWLEDGE that is wrong . Therefore, we must tear out that foundation and replace it
with a good one.
Otherwise, we stay in a vicious cycle that grows worse with time. The way to avoid this jaundiced view of reality is be AWARE. Be aware that we have this tendency. Reading and living by my creed will make you aware.
Now, it is obvious that Mr. Gann wrote more books and material on the S tock Market than he did on the commodity markets. But I had rejected the
stock market materi
al except as
I could
app ly it to the com modity markets. A gain the reason I had rejected it was not that it w asn't important, but si mply tha t I VI EWE D i t a s n ot important o r useful. By doing this, I had rejected the BUILDER ! S STONE. Because this would be where I would find the master time factor. To show you how our view of things change and wh y they do, I have to tell you that when the stoc k index future s started trading, I real ized one day that I had the opportunity to study Gann
’
s stock market books
and material and that I could trade that information if it p ro v ed us e f u l b y tr a d in g th e i n d e x fu ture s. Now, do you see why I was willing to look at it now and saw value to it where I didn't see it before. The re
ason was that now i t was
acceptable to me because it wasn't the stock market anymore but it was now the commodity market. I was BLIND to its va lu e until it appeared in a form that I could see through the "filters" that I
had put on myself. This filter of course
filtered my vision but as I said above my vision turns out to be my understanding or comprehension or knowledge.
22
Now I went after the rejected "builder's stone" with great energy. The same material now had new meaning to me. There were many things to study and learn. (This is the same material, it hadn ’t changed, I had, or my ATTITUDE towards it had). My "mindset" or attitude or vision now allowed me the freedom to search for the truth. Remember seeing and finding the TRUTH will make you FREE. If you don ’t get anything else out of my material, it will be wort hwhile to you, if you can just understand what I am trying to say. It is our attitude that gives us our vision and it is our vision that allows us to see (know) what we do and we can only profit in the market s and in life as we r eact to ou r knowledge which is based on our vision which is based on our attitude . Till s pre vious senten ce is the most important truth that I will be able to offer you in this bo oklet. Perhap s you ha ve al re ad y rea liz ed th is an d it doe sn 't see -m imp ort ant to y ou. If you have already seen this then it doesn't mean as much to you as it does to me. I guess truths learned mean more than truths known alr ead y an d I lear ned thi s one with much difficulty.
23
CHAPTER
6
THE STOCK MARKET,
ASTROLOGY ,MINDSET,MR.
GANN,
AND ME. In ray renewed pursuit of the master time factor via study of Mr. Gann ’s stock market material which I had previously rejected as related in the last chapter, I happened across two item
s in
pa rticular that were sudd en bursts of revelation to me. I guess I am a strange person but when I receive insi ght of a clear natur e about something that
has troubled or perplexed me
long perio d of time, this sudden
almost overwhelms me. This is the feelin recei ved t he first revelation. It i
for a
dawning of inspiratio n g I had when I
s difficult for me
to put this
int o wor ds because there wa s no logica l reaso n for me t o be exc ited about seeing this f or the first t ime, it really didn't mean that much but for some subjective reason lights flashed all o ver Ins ide me. You will think I have taken leave of my common sense again when I te ll yo u wh at it w as th at ca us ed this feeling. I still am n ot able to describe this feeling to you appropriately, so I will just drop it here. Maybe you understand what I am trying to say. The thing that caused this feeling was a quotation that Mr. Gann used in his book, "Truth Of The-Stock Tape". I
told you that
I had b een looking up and studying the quotations that he had used in his books and courses. I have a library and study downstairs on a semi-basement level in my home. I am able to get away from all distractions down there. One day I went downs tairs a nd picked up the above mentioned book and just absent-mindedly opened it to page 1. Under the title there were headings of BOOK I and then PREPARATION FOR TRADING. Under this was a quotation from Emerson. It read, "No man can learn what he has not p repara tion fo r learning, however near to hi s eyes is the object. A chemist may tell his most precious secrets to a carpen
ter, and he shall be
never the wis er-the
secrets he would no t utter to a chem ist for an estate."Emerson. I tell you, truthfully, I felt like I had
been knocked down. It
floored me. It overwhelmed me. This simple quotation that I read many times, but had never seen, almost took my breath away. For the first time I kn ew that all Mr. Gan n's "time periods, tim e cycles, time was up, time was not up, time had run out, time had not run out, the time factor, and yes, the MASTER TIME FACTOR"-all his references to time were astronomical cycles and divisions of them. You notice I said astronomical-n ot astrological. I knew this in a "direct-way" that gives me problems describing. The s eein g o f this and the feeling that it gave me to see this clearly was overpowering. Now, I knew all the time that Mr. Gann ’ s work was based on astrology, and I knew that his time cycles were based on it too. But I could not bring or did not bring myself to look at his time cycles from an astrological viewpoint
for several
reasons. The most important reason I didn't, we have already discussed and it 24
is most important that you and I always remember this and be aware of this tendency in our make-up as human beings. Of course, the primary reason I couldn't look at the time cycles from an astrological standpoint was that I had rejected astrology because I saw no value to it. It was outside my exp eri enc e. Jus t li ke in the previous examples my way of viewing an object or concept by putt in g v al ue to it or not pu tti ng value to it with my viewing caused me not to see what was there even though it was there. You und er sta nd? Mr. Gan n sai d pla in enough in the quotation by Emerson that he had laid his sec ret s o ut cle ar enou gh but if we did not have the preparation (or FOUNDATION or BASE) then we would not comprehend what th ose secrets meant. In another way thi s pri nci ple is demonstrated by something as simple as an "Easter Egg Hunt". Don’t you remember how sometimes those eggs th at we re ha rd es t to fi nd were laid o ut on the gro und wit h nothi ng hiding them. They were in plain sight. But, because we were looking for them to be hidden, we sometimes had trouble seeing them. Now, I am not telling you that all of Mr. Gann ’s material was laid ou t well enough for us to see it. If you had only one of his books and didn't have his courses you wouldn't u nde rst and what I mean. But I had all of his books and courses unpublished material that had circulated around over
and so me time.
Another reason that it had been hard for me to look at his time cycles from an astrological standpoint is that I thought present day astrologers had not been able to take his material and make profits with it. I should amend the previous statem ent t o rea d that I had not been able to find or hear of an ast rol oge r tha t had deciphered Mr. Gann ’s work. The only profits I had heard of being made by astrologers were those selling seminars or books on using astrology trading Mr. Gann. But I knew no one that had been abl e to tr ad e it . So , I ju st discarded the possibility of my finding out how to use the time cyc les by s tudyi ng astro logy. I guess I thoug ht tha t if the pr ofessi onal astrologer s who knew much more than I did
couldn ’ t find it or ha dn't foun d it then it was u seless for me to try to use astrology to find the master time factor. My error again, IMPROPER THINKING, as always. You and I ha ve all that we need to do anything. We Just need to realize where our source of supply comes from an d then allow it to wor k. " You can read about this source of supply in The Seeker's Creed". Reading doesn't do it though, you have to pract ice what’s in there.
I know that it is
hard to follow me in this
chapter. The title
of it, alone, is enough to make you run the other way. Its just that I'm not a writer (I'm a seeker) and I have difficulty saying the things I want to say to you. For the rest of t his chapter plea se try to bear with me and realize that I am talking about how the stock market which I had previously rejected, led me to the astrology part which I
had previously rejected, because
of a "mindset" that I had built out of my attitude and habits of associating or disassociating value with whatever I had been led by myself or others to think that value
should represent.
This is a common problem, I believe, and I hope that I have been able to 25
correct it somewhat in myself. Another problem in writing this chapter is that
I have two or
three things to tell you about; but they didn't happen sequentially, they occurred simultaneously. So I may jump from one to the other in telling you about these different things. In the beginning of this chapter, I told you that there were two revelations . I have related the one about the quotation. On the very same day that the first occurred, the second occurred too. As I was thinking about the above I went to the stock market course to look at the chapter in the course on page 90. The one entitled "FORECASTING BY TIME CYCLES11. For those of you who do not have the stock course, you will find a complete copy of the chapter "FORECASTING BY TIME CYCLES" in Appendix I of my booklet. Please read only the first page of that appendix at this time. I
am quoting the second paragraph of Mr. Gann's "FORECASTING
BY
TIME CYCLES" -----"The ancient hun ters had a rule that when they were searching to locate an animal in his den, they alway s foll owed his tracks backward , figuring that it was the shortest route to his lair. The quickest way for you to learn how to determine future market movements is to study the past." So what, huh? Well that quotation after the first one I mentioned above gave me precisely the directions to the path that would lead me to the master time factor! I saw from that quotation tha t I needed to get into astrology some m
ore and that
fu rt he r I needed to trace back in time t he things Mr. Gann had said about time and s ee if I cou ld tra ck him back to hi s lair. I had documents and fragments of unpublished materials and his books and courses. So I could date most of the things he had written. I would take the la test ma terial fi rst and then go bac k in to ti me to his earliest material and see if he always
sai d t he sa me things i n the same wa y. Furtherm ore, I had all kinds o f old astrolo gy books that I had purchased earlie
r but
had n ot re ally gotten into ; so I w ould look at astrological cycle s a nd l et t he signs and hou ses go. Excuse me for jumping around aga in, but here's another side trip, a nd we will come right back. .1 have been on many many paths searching for the ma ster time factor. They have all been dead-end. Now I "know" that the path which ends in "master time factor" is nearby
and I promise you that It
will not be
long before we will get on. Anyway, this side trip. I had tal ke d w ith an elderly g entleman one t ime and he said that h e had known Mr. Gann by reputation but had never met Mr. Gann. He did say though that Mr. Gann had an astrologer by the name of Edward Johndro who helped him in his work on the markets. Well, you know me, I began to see wha t I cou ld find out abo ut Mr. Johndro. It was my intention to see if I could
find him and if
he had already died, I intended t o try to find his f amily and see if he had left any papers. I calle d the Ame rican Fe deration of Astrologers and had them send me the rest of Mr. Johndro's books that I didn't already have. Then I learned from them of a man that had studied 26
Johndro work as much as any other living person. I then contacted that gentleman in New York and I learned that Mr. Johndro had died in approximately 1955 at about the same time as Mr. Gann. The death was apparently "sudden" and because this Mr. Johndro was a famous astrologer and had clients that were high officials of the Canadian government, his papers were burned by his family at the request of the se officials. I did not pursue the matter further from here. The gentleman in New York said that he was n ot interested in talking about financial astrology except to say that Mr. Johndro had some very Interesting ideas on it. I tried reading Mr. John dro 's work several times but I did not have a good enough foundation (preparation) to under stand it very well. I no ticed tha t the cover on his booklet "A New Concept Of Sign Ruler ship" ’ appeared to resemble some of Mr. Gann s circular calculators, but I just assumed that it was because Mr. Gann's calculators were all related t o something fr om astrolog y. The importa nt thing that I learned from this was that Mr. Johndro w as a mundane astrologer. So I began a study of mundane astrology. Furthermore I wanted to look only at the writings from 1920 back in time because I knew that Mr. Gann had begun trading by 1902. So, my approach now, was going to be threefold. One-I would study to see what mundane astrologers thought at the turn of the century and earlier; two-I would try to identify each one of Mr. Gann's Important time cycles by an astrological time cycle; and, three-I would try to relate the first two approaches toge ther and see if there were any parities or disparities be twe en th em. At the same time I was going to track the writings that he had made back in time fro m th ose near est his deat h to thos e ear lies t in his life. I was excited now because I "knew" that I was getting somewhere. In my searching through astrology books for old mundane astrological precepts I came to the conclusion that the u
seful
part of astrology for me at that particular time would be something similar to the following. I had read where some people
said that they did not believe in astrology, but that they did believe that the planets In the solar system caused magnetic and electric fields in our earth's atmosphere and certainly we must respond to them in different ways at different times. Some of these disturbances could cause waves of optimism and pessimism and weather disturbances. Certainly I could believe that and I was now willing to look at ideas and concepts that I would not earlier have looked at with sincerity. Now, you understand, I was FREE; free to look at things that I would have earlier not been able to see, even if I had looked at it, because, now I had my filters and blinders off. Also, to me I was studying astronomy, a science; where astrology is merely an Interpretation of events and conditions that may in facthave been caused by astronomical relationships. Also, I knew that earlier generations were more practical than we give them credit for today. They knew more than we think they knew. In fact, I believe that they knew more than we do today about some things. I knew from my real estate activitie s that if I found an old ditch on a farm and som eone said that I nee ded to put a new ditc h on the farm, the best place 27
for me to put that ditch would be exactly where that old ditch had been dug. Old-timers had to dig a ditch by hand. They were not about to dig one where it was not needed. Over th e years , I have learned to acquire a gre at respect for the ancients and what they thought. I knew that their fables and myths all had some important truths behind them. I had also learned from HARD experience not to reject anything as having no value just because my educational background and Social circle saw no value in it. I have mentioned to you earlier about the great value I had found in using dictionaries and encyclopedias. One of the best sources of general and specific information about astro logy that I h ave found Is a book, "Encyclopedia Of Astrology" by Nicholas deVore. Even though I had glanced through this book several times in the past I had my blinders on and therefore could not see. Now that I was free I was almost blinded again b y the light that came fr om looking at this and other books. Everywhere I looked, one book af ter t he other the following messages came through over and over. Major conjunctions (of the planets, where two superior to earth orbit planets appear to be in the same spot in the sky) are very important in the consideration of world events, and in all mundane affairs. Used in connection with the sol ar ing res s charts, they ser ve as foca l points of the great est influence, and reveal the cosmic forces radiating Upon the earth. "Th e old astrologer s placed GREAT importanc e upon the conjunction o f Jupiter a nd Satur n, and ri ghtly sin ce this conjunctio n in volves the two lar gest bodi es of our sol ar system. It has always see med that the conjunction of th ese two planets has had the greatest influen ce1 and signi ficance upon the course of world affairs. The 'life of the Influence of these great conjunctions upon world affairs and Individuals remains in force until the nex t conjunction of the same pair of planets. THE TIME FROM ONE CONJUNCTION TO THE NEXT CONJUNCTION OF THE SAME PAIR OFPLANETS MAY BE
CONSIDERED AS A 'CYCLE 1 . Major conj uncti ons when con sider ed in the light of Cycles 1 MEASURE periodical historical events, or the epoch s in the cha nging worl d conditi ons, and even t he ri se and fall of civilizations. Again, more—"To the ancients the longest orbits ( the time period tha t it takes for the planet to ma ke one revolu tion aroun d its orbit) within the solar system were the orbits of Ju pit er (1 2 years ) and Satur n (30 years ) (appro ximat ely); Th e points at wh ic h J u p i t e r c au g h t u p w i t h an d p a s s e d S a tu r n mark ed the grea test cycl e wit h whic h they w ere abl e to dea l. Thi s oc cur re d eve ry 2 .0 years (approx imately ). Jupite r an d Saturn in their relationship to each other in these cycles of ti me fr om co nj un ct io n to conjunction were called by the anc ien ts-th e gr eat CHR ONO CRA TORS , o r Ma rk er s of Ti me ." Then cyc les of cycles
of 20 ye ars were
import ant an d marke d.
(Did you know that the cycles of cycles of 20 years th at I just mentione d was Mr. Gann's "S quare of Twenty" an d tha t h e used it specifically for the stock market. Also, be the fact that cycles of cycles is the same squaring. Apply this knowledge to o on 28
awar e of
as squares or ther things.) I could go
talking about things that I found about the 20 year cycle in books about the old a strologers. Another very important cycle to the ancients w as the 3RD 20 year cycle of Jupiter-Saturn. This cycle was the most important of all to them and they watched it with GREAT INTEREST. What happens is tha t the Jupi ter -Sat urn cyc le (con junc tion
t!
0"
.back to conjunction "0") takes 19.859 (average) to complete one cyc le. The occurr ence of the ne xt cycle ta kes place at an advance of approx imately 123 d egree s in long itude in the circle of t he zodiac. Aft er three suc h cycles, 59«5 77 years hav e p asse d a nd with each 123 degree advance in the zodiac the conjunctions have come full circle of 360 degrees plus an additional 9 degrees (approximately) more. This is called a FIRST ORDER RECURRENCE CYCLE of Jupiter-Saturn (mean values are given). This was very impo rtan t t o the anc ien ts bec aus e t he conjunctions were now
taking place very close to the sa
me
spot in the zodiac that they had occ urre d 60 (app roxim atel y) years earlier. This 60 year cycle is the one
that the ancients
spoke so muc h abou t. Everywh ere I look ed in m y o ld b ook s I read where th e ancients r eally paid great
attention to
this 60
year cycle. This term "first order recurrence cycle" was new to
me. I had
READ it before but I had never seen it. You understand. While looking up more information about first order
recurrence
cycles , I found that the orbit time (mean) of Jupiter in tropical years (from spring to spring) was 11.858 years; that of S aturn was 29.42 years; t hat of Uranus was 83- 75 years. I searched further into these cycles listed in the encyclopedia of astrology and I found more. For insta nce, (all values are mean) the time perio d from conjunction to opposition (0 to 180 degrees) in the Jupiter- Saturn cycle of 19«859 years was 9^93 years (almost 10); the time period of conju nction to opp osition of the Saturn-Uranus cycle is 22.68 years (almost 22 1/2). One cycle after another, I was finding Mr. Gann's same time
periods or time cycles. The following are all cycles of time from one conjunction to the next conjunction between two planets. Mars-Jupiter, Mars-Saturn, Mars-Uranus, Mars-Neptune, and Mars-Pluto; all these takin g place a t about e very two y ears (different times); then Jupiter-Uranus occur about every 14 years; Jupiter-Neptune occur about every 13 years; Jupiter-Saturn about every 20 years; Jupiter-Pluto about every 12 years; Saturn -Uran us a bout every 45 yea rs; Saturn-Neptune abo ut every 36 years; and Saturn-Pluto abo ut every 33 year s. Now, I know what you are thinking. You are right now saying to yourself, Oh, NO!-not again-another Gann booklet with more of the same old astrology junk. Please, just bear with me because soon I am going to re-discover Mr. Gann's Master Time Factor. See, you are having some of the same problems that I was having. You are putting filters and blin ders on your vi sion an d not seeing what is before your ver y eyes. You are ref using to see something of truth because your educational background or socia l circles or prior way of look ing a t thin gs ha s not allowed you to see 29
anything of value in looking at astrological concepts. But, if it helps you and I to see better, lets say that we are looking at astronomical (scientific) conc epts to see if there could be any correlation between these astronomical relationships relative to us (earth beings) and our reaction to them. What we are real ly faced with is this commo n problem of shutting up our God given powers of understanding when we refuse to see things because they are outside our experience. In "The Seeker's Creed" you can read about the necessary knowledge to develop a "mindset" that will allow you to overcome this vision problem that we all have to some extent. But reading about it will not help you as much as practicing it. The reason that I knew that you were looking at the above "astrology" with a jaundiced eye is because I have been there. Also, you are a seeker and I am a seeker and we seekers are all alike. A ren't we? Now, these cycles that I have been enumerating above are all scientific facts. They are time periods of planets and planetary relationships. I just happened to read about them in an encyclopedia of astrology. I could have read about them in a college textbook of astronomy. The interpretation of the meanings, if any, as applied to these relationships makes what we call astrology. Well, in all this "sales pitch" that I have been giving you, trying to convince you that it is all right for us to look into this area or any area where truth may or may not be found, I have forgotten to tell you that I have been having those overwhelming "feelings" again. Why, I don't know- (well, I do because that's what we
’
ve been
talking about)- it took me so long to clearly see that each and every one of Mr. Gann ’ s time cycles and time periods were planetary in nature. The reason I felt overwhelmed again was that I had experienced that wonderful thing again- INSIGHT. It was now Spring of 1983. It had taken me four long and painful years of searching to see what his time cycles were. I am some kind of "seeker11, huh? Turtles and I-hmm. Well, lets test me on some of these time cycles. In the Commodities Course on page 64 (newer or
older courses may be different page #) of the chapter en ti tled #5, "forecasting grains by time cycles" Mr. Gann says, "The Great Time Cycles are most important because they record the periods of extreme high or low prices. These cycles are: 90 years, 82 to 84 years, 60 years, 45 y ears, 30 years and 20 years." A couple more notes here- (there are now quite a few things t hat I can tell you about what Mr. Gann means when he says something, but they are di fficult to place in context of this story every ti me I ru n across a word that I have le arned what he means. Also, I do not want you to thin k that I have a " know-it-al l" attitude towards Mr. Gann’s work or anything else. I am acutely aware of my personal limitations, but if I may appear to sound immodest this one time, I have had lots of insight lately and I have put in enough time studying Mr. Gann that I have learned some subtle meanings that he intended with his choice of words. In the above stat em en t wh en he sa ys "G re at " he means superior as in astrological terms to indicate pl an et ary orb its ou tsi de of the orbit of the earth. Also when he used "Major" he meant the same 30
thing. The other two things that I wanted you to look at while we are on the adjoining
page is to turn over to p
age 65 in the
Commodities Course (if you have it, of course) and note that he says, under the 90-year cycle heading, and I quote, "The 90-year Time Cycle is one of the very important ones because it is 2x45." Now why would you suppose that he would say that the 90-year cycle is important BECAUSE it is 2x45 (or twice 45). While you are thinking abou t that, lets look a t the head ings 84 year cyc le and 60 year cycl e. I wonder why h e didn't say much of any thin g about them and particularly the 60 year cycle. He just said to compare 60 years from tops and bottoms. Almost just the word compare, no elaboration at all. Mayb e, no t so impo rtan t, huh? Then look d own at the 20- year cycl e headin g. He says t hat the 2 0-year cy cle is a very im portant c ycleWHY?-because it is 1/3 of the 60-year cycle. He just mentions the 60-year cycle by the word compare ; b ut he descr ibes the import ance of the 20- year cycl e because of its relationship to the 60-year cycle. In the 90-year cycle he desc importance in terms
ribed its
of the fact that it contained 2-
45-year
cycles. But the twenty-year cycle was d escribed in terms of the 6 0-year cycles . There is a reason for the manner in which he described the above referenced cycles. As you begin to go back over Mr. Gann ’s books and courses and read the m w ith a new awarene ss that I hope to be able to give yo
u before this
story is over, you will appreciate that many passages that were difficult or worded "funny" had special meanings. O.K., back to the test. The 90-year cycle is the "first order recurrence cycle of SaturnUranus. The actual cycle of conjunction to conjunction of SaturnUranus is 45 years. That is why Mr. Gann mentioned that 90 years wad Imp ortant beca use it was twi ce the 45 y ears. It actually takes an average of 90.72 years to recur. But all these years are rounded off by these ol d astrologers because they were close and because it was easy to take divisional parts of them and use them in simple math. The 82 to 84 y
ear cycle is of
course the time it takes Uranus to complete its orbit. The significance to M r. Gann was that the plane t spent 7 years in one sign and 12 x 7 was 84. The 60-year
cycle is the "first
order re currence" cycle o f Jupite r-Saturn, th e one t hat the ancients, who could not
see Uranu s or other farther
out
planets, thought was the very important cycle. Yet Mr. Gann Just s kips over it with the wor d com pare. Very quiet ly al most. The 45-yea r cycle is t he one multiplied
by 2 th at gives th e
"first order recurrence" cycle of 90 years. Just the 45-year cycle is t he time fr om conjunction to con junction (or "0 " to "0") of Saturn-Uranus. In other words, the 45-year cycle is the Saturn-U ranus cyc le. I h ave seen one o f Mr. Gann's 3-D Charts on Wheat dated from the Spring of 1852 asM0". There was a beginning (and ending of course) of a 45-year Saturn-Uranus cycle on March 15, 1852. Coincidence? The 30 year cycle is of course as we have all known a ll alon g the peri od of tim e that it takes for Satur n to comple te its orbit. The
20-year cycle
Jupiter-Sat urn cycle. The one the
is of co urs e the
ancients called
the
chronocrators or "markers of time". The reason that I have spent so much time on the above is that I 31
need for you to understand that I simply d id not know what thos e cycles were until the spring of 1983I, who, had spent tho usa nds of dollars trying to pursue Mr. G ann’s master time facto r, d id not even know what the above time cycle s we re; yet I k ne w t hat Mr. Gann used astr ology and plane tary move ment s i n hi s wo rk. You see, i t h ad taken me 4 y ears of my life and m any thousands of dolla rs to fi nd out so methi ng that sh ould n ot ha ve taken 1 mo nth. But , AG AIN, the rea son th at I c ou ld no t f in d i t o ut WA S B EC AU SE I HADBLINDED MYSELF TO THE POSSIBILITY OF SEEING WHAT WAS BECAUSE OBVIOUS MY EXPERIENCE AND EDUCATIONAL AND CULTURAL BACKGROUND AND HABITS BUILT OVER A LIFETIME HAD DEVELOPED INTO AN ATTITUDE WHICH CAUSED MY PERSPECTIVE TO BECOME A "MINDSET" THAT WOULD NOT ALLOW THE REASONING PART OF MY MIND TO SEE ANYTHING THAT IT CONSIDERED VALUELESS OR NOT WITHIN THE BOUNDARIES OF BONAFIDE "APPROVED" EX P ERI ENCES . Th i s is we lose money in the market. We have developed a "mindse t" that precludes our seeing the pr ope r cour se to ta ke to make pr ofits. PRECISE LY the reason that
Well, I was really excited, I had seen these cycles of Mr. Gann ’s. This was a big step for me. I knew that if the ancients called Jupiter-Saturn the "markers of
time" or chronocrators
that Mr. Gann certainly should have looked at the Jupiter-Saturn cycle as an indicator of time cycles that would repeat. Then in following my approach of tracking his comments back in time from the last period o f his lif e to the first perio d of h is business life, I found what I had always read in his material, the mention of Jupiter and Saturn and their aspects to each other. See my Appendix II in the back of my booklet. Read that Appendix now please. SEE IT? It’s been there all the time I've, read in the one of the last letters he wrote, dated January 18, 19 54 , t ha t it is the "power of Saturn and Jupiter aspects, working out time that causes the major changes of trend in soybeans. I ’ ve read this letter over and
over during the last 3
years but I would not or cou ld not see what I was reading.
Look back to the earliest documents that I have managed to acquire. They are in the same Appendix II. They are 4 pages of his "METHOD FOR FORECASTING THE STOCK MARKET" SEE IT? It’s been there all the time. He says that "7" is the basis of time and that "7" is ruled by Saturn. He also says that t he most important time cycle is the 20-year cycle. He als o says that the next major cycle is 30 years, whic h is caused by the planet Saturn. SEE IT? He says the same t hing from his ea rl ie st writings to his last writings.
Saturn and Jupiter
.
I knew now that I had finally learned what Mr. Gann's time cycles were. I had also found out that they were the same ones that all astrologers had used from time immemorial. But that still didn tell me how Mr. Gann used them and it still did not tell me what the master time factor was or how Mr. Gann used it. All I knew was that I had the knowledge for sure that these were the ti
me
cycles that Mr. Gann had talked about all of his life. They really were not astrological but in
fact astronomical. If I had
not been blinded by my "mindset" I would have known long ago that any time cycle had to be based on natural phenomena. There was no other answer because th e movements of the planets (of course I mean primarily the relationships of the Sun, earth and moon) are 32
’
t
the basis (foundation) for our whole
timekeeping systems.
Now,
what I needed to do was find or learn the way that Mr. Gann us ed his time cycles
and then try
to identify t he master
time cycle that he so often talked about.
One day in the late spring of 1983, at about the same time that all of the things described in this present chap
ter 6 of my
sto ry occurred , I was reading an old copy of Mr. Gann 's lesson entitled simply "FORECASTING". It was written in November, 1935, and someone had given me a copy of it at a Gann seminar that I had attended in 1980. I was reading all m y pieces of material for the purpose that I related to you earlier, tracking Mr. Ga nn ba ck in time, to see if
there wer e any dispar ities in
what he said from time to time. I saw that he called the 60 year time period the MASTER TIME PERIOD. I had read this piece of material several t imes in the past, but I had never paid much attention to it because it was forecasting stocks and I have alread y tol d yo u how I felt about stocks. I wa s a commodity trader and he had put more emphasis on the 90-year cycle as the GREAT cycle in the commodity course. You understand of course, that I had n ever paid any great amou nt of attention to it because of my "mindset
11
that we hav e been t alking about so much.
No w that I knew that the ancients paid SO MUCH ATTENTION to the 60-year cycle, it IMMEDIATELY caught my attention. Also, when I read the lesson on forecasting that he wrote in August 1939 and which is the same, word for word, that is in the stock course today; I noticed that it was different from the one that I was re ading that h e had wr itten in 1935. But the thing that really caught my attention was where he was describing on page F-9 of the lesson how he had set up his " master forecasting chart ". The thing that I had n ever noticed to be curious before (because of my "mindset") was the fact that he started his cycles across the chart from a year ending in "1". Everything else he did he started with "0" as the beginning. Even when I reached for my ephemeris to look at the appendix in the bac k of the bo ok, wh ich ha d a listing of all of the maj or
conjuncti ons of the period from 1800 to 2000, I knew the answer would be the following. In my ephemeris I read CONJUNCTIONS OF JUPITER AND SATURN-October 21, 1861, April1881, 18, November 28, 1901, September 10, 1921, August 8 and October 20, 1940 and February 15, 1941 (triple conj.), February 19, 1961, January 1 and March 8 and July 24, 1981, and May 26, 2000. My friends, a cold shudder came over me as I realized with crystal clear and vivid awareness that I was READING THE elusive, legendary, much sought, "MASTER TIME FACTOR". The painful costly search that had taken four years of ray life and many thousands of dollars was now at its conclusion. What made me shudder was the fact that I had possessed this document since the summer of 1980. I already had what I had pai d "my friend" for and which he didn ’t give me. Furthermore, I gave him free the thing which allowed me to discover the master time factor. That thing was "My Creed" . I had learned a lesson at great cost. The les son tha t I le arn ed was, THAT which we all SEEK, is exactly and precisely where the
33
ancient world religions have always said it was. It is within us , waiting for us to find the means to SEE IT. I had p a i d a SUBSTAN TIAL am ou nt of mo ney for a form ul a of worthless gibberish, but had refused to seek the real treasure (THE Builder ’ s STONE) in the only place that I could have ever found it. THE REASON FOR THIS, OF COURSE, WAS THAT MY ATTITUDES AND HABITS AND EXPERIENCE AND EDUCATIONAL AND CULTURAL BACKGROUND BUILT ON AN ERRONEOUS FOUN DA TIO N HAD DEVELOPED INTO A "MINDSET" THAT WOULD ALLOW MY T RUE REASONING FACULTIES TO BE PUT TO SLEEP, AND PAY FOR SOME WORTHLESS FORMULA, BUT MY "MINDSET 11 WOULD NOT ALLOW ME TO SEE THE AREA WHERE I WOULD FIND THE TREASURE (TRUTH), BECAUSE I HAD SEEN IT HAS HAVING NO VALUE. I TELL YOU AGAIN, THIS IS ALSO THE REASON THAT WE DO NOT MAKE MORE PROGRES S IN THE MARKET AND IN OUR LIFE.
Now, I know that I will never recover my SUBSTANTIAL amount of money from "my friend", there seems to be a character flaw involved there somewhere; but, I tell you that the value of the knowledge that I have acquired will rem ain with me for the res t of my life and if I use that knowledge, I WILL HAVE FOUND SOMETHING MORE VALUABLE THAN MONEY. I rediscovered "my creed". If you will, please turn to the back of thi s booklet and read all of the Appendices and get familiar with the charts. Read and study Appendix IV in particul ar. It has the master time facto r in it. Read it several times; then, read it m ore. Compare it with Appendix I word for word. Read appendix III several times. I know III i s har d to read but I wan ted y ou to see it as it wa s. Pl ea se do no t go to the next chapter until you have beco me very fam iliar with the mater ial in the Ap pend ices. STOP .
34
CHAPTER 7 I
DI S C O V E R
TH E
L EG EN DARY
M AS TE R
T IM E
FACTOR!
In writing this little booklet, I thought, if I could just get to the part about the master time factor, I could write about it with ease because that had been the object of my search. But, alas, I now find i t to be the most di fficult chapter of all. Perhaps, its has something to do with the "fatal" evil number. (Just ki dding.) A s I told you ea rlier I am a seeker, not a writer, but, since we are here there is nothing for me to do, but plug along. There are s everal reasons for my di ff ic ult y i n writing this c hapter f or yo u. One, I may have set a goal hig her than I could reach. My
goal, simply has been
to write the most lucid explanation of Mr. Gann ’s Master Time Factor that has yet been put in print. I already know that I have not done as well as I had ho ped. I f eel that part of t he cau se fo r th is re la te s to the nature of the material that I am dealing with. There has been tremendous mystique built up about and around Mr. Gann. Part of this Justly , beca use he wa s a remarkab le man; but part of it has been built up to allow the commercialization of his works. I am pa rt ic ip at in g in th at commercial ization (gosh, that's a long wor d, d o yo u re ali ze it has 17 lette rs in it? ) right now at t his moment. There is nothing wrong with the word commercial. Profits is a beautiful word. It is the GOOD(s) received for the GOOD(s) given. It ’s just that we get in trouble sometimes when we want to re ce iv e mo re than we wa nt to give. Also , we get the order reversed, we must GIVE-then GET, not GET-then GIVE, (this is all cohered in "The Seeker’s Creed"). My goal in writing this booklet has been to give you your money^ worth. I hope that I accomplish t his, if I do nothing else. Another difficult problem that I have in writing this chapter is the nature of the diversity of t he exposure to the Gann
materi als that is represented by my readers. Some of you kno w more about the Gann wor k than I do; some of you have had ve ry li tt le exposure to his work. So I must try to encompass both extremes. There are many things that I would like to say to you, but I can only cover so much in this little booklet. I want t o merel y show you where I found the "path" to be, and say, here ’s a good pla ce to start. Every person is unique and his (her) trading rules need to be unique. Once, you "see" the path, many of you will achieve a much better understanding of the Gann material and I am sure that you will learn many things of market value in the months and years to come. Another problem that I have concerns the fact that Mr. Gann left no clear explanation (that was available to me) of what his master time factor was; nor, did he explain it anywhere (that I have ever been able to find), except a
s I have given
you in Appendices III and IV. And in those two beautiful pieces, he didn ’ t just come out and say, "O.K., here it is and here's how 35
you use it as the master time factor". He HID IT, just like he said he was doing in the quote OF THE STOCK TAPE". He hid it because he knew from Emerson in his book, TRUTH " that if it was passed around with it all spelled out in his lesson then anyone could see what it was and that would be the end of the mystique of the master time factor and his live lihood depended to
a large extent on the sale of his advisory letter and annual forecast until he sold it in 1947-48. And he hid it because he said it was too valuable to be "spread broadcast". He hid it the way the ancients did-out in the open. Then if someone that was not supposed to have it should stumble across it or steal it, it would do them no good, because they could not understand it. And, that, in my opinion is why we find no copy of it today other than the one that I give you in Appendix IV. If you can see this clearly it will help you with the explanation as we go through it. Then I have two more problems (nothing but problems, huh?); and they are related to a certain extent. The first one, we have talked about until you are tired of hearing it (but if I can't get you to SEE IT, perhaps I can get you to HEAR IT); and that problem, many of my friends, is that you will not believe what I tell you because, YOU, TOO, JUST LIKE ME, HAVE DEVELOPED YOUR OWN "MINDSET" THAT WILL NOT ALLOW YOU TO SEE (RECOGNIZE) THE TRUTH EVEN WHEN IT IS THERE FOR YOU TO LOOK AT. You have ’ already set in your mind from what you have read about Mr. Gann s master time factor, or what you have heard about it, or what some Gann expert has told you it was, or what the myths of 11 commercialization has indicated that it was, or that "formula that someone has that no one can decipher, or some idea of your own-that it will call all bottoms or tops, or the hour or the day of this or that-, whatever you are "looking for" is what you expect to see (My creed explains this to you). How do I know that many of you will approach the explanation of the master time factor in this manner? Because I HAVE BEEN THERE ALREADY. My entire story thus far, has been designed to get you to understand this MOST IMPORTANT TRUTH. From the very beginning of my story, I have been trying to get you to SEE how this tremendous fault (and potential for good if changed) has caused all of my problems. I have been trying to get you to the point that you would SEE my mistakes clear enough that you would not make them yourself. I knew that if I didn't help you prepare a base (foundation) by first exposing the old bad foundation in my building, then you would not be able to see the bad foundation in your own building. You must tear out the bad or weak foundation in your own building before you can build a positive new foundation. (This may have been what the New Testament parable meant about putting new wine in an old wine skin. Matt. 6: 22-23- Yes, I looked for the master time factor laws. the above verses and you there too.I found that the Bible is Indeed a book of natural Read will SEE EXACTLY what I have beentrying to say. If you are a "seeker", and you are, otherwise,
you would not be readin g this booklet,"A SEEKER"WILL LOOK ATANYTHING, HE (SHE) WILL LEAVE NO STONE UNTURNED. HE (SHE) IS NOT AFRAID TO LOOK, BECAUSE TO SEEK MEANS TO LOOK. EVEN THE WORD SPECULATE MEANS TO LOOK AND OBSERVE. IF YOU WON'T LOOK, THEN 36
DON’T SEEK, BECAUSE THAT’S WHAT SEEKING MEANS AND IF YOU ARE NOT WILLING TO DO THAT WHICH YOU SET OUT TO DO THEN WHY START? DON'T MAKE THE MISTAKES THAT I MADE. As I said the whole precedence of th i s s t o r y h a s b e e n t o b r i n g y o u , s o m e o f m y reade rs, to this exact point. We
have been building
a
foundation for YOU, a "special pair of glasses", if you will, so that you can see at this point in tim e wi th you r filt ers a nd blin d er s rem o v ed . Th e reason that I h ave had to tak e so much time wit h this prepara tion (foundation that some of you m ay have been in as
) is that I had to assume "bad of shap e" as I was.
The second of those two related problems that I started the above parag raph with relates to the fact that I realize th at my "style of writing", if you want to call it
that, makes it
dif fic ult for you to foll ow my tra in of thoug ht. I know t hat I "jump around a lot" when I am trying
to tell you something.
And I k now th at it makes it har der for you to S EE whe n I am jumping so. If you want to kn ow th e RE AL RE AS ON fo r th is ju mp in g arou nd, tho ug h, it is becau se I am simp ly wr itin g this "T HI NG " a s i t " com es " t o m e w hat to sa y to you . I app re cia te your forbe
arance with me to thi
s point. I ask that you just
allow yourself to watch from here forward; and with as unjau ndiced eye as you can possib ly m uster. Don 't fi gh t i t, if it is no t wha t y ou we re lo ok in g fo r; REA L TRUTHS are seldom what we think they should be; THEY ARE BETTER; i t 's o u r v i s i o n and understanding that is lacking. Now, he re co me s th e bad new s. My ju mp in g aro un d is goi ng to get worse, because in my searching for a way time factor to
to present the master
you, IT HAS "COME" TO ME, that I must try
to
explain it by analyzing it for you in the same manner that I did it for myself; and I can tell you that it will really be "jumpy"; but remember this "THING" is just "COMING" and I don't really have any control at this point. Finally, here go
es.
I assume, now that you and I can both see out of the same eyes, that you have read Appendix IV, entitled simply "FORECASTING".
I told you tha t this was as good an explanation of the master tim e factor as you are probably going to get Gann ’ s own words.
from Mr.
The rest of the explanation is going to have
to com e fr om our ab ilit y to th ink, see, a nd ob serve every cl ue th at it is poss ible to ob serve . We canno t ove rloo k the smal lest detai l. Y ou will see thi versa . We must p ay attention to
ngs th at I don 't see and what he says, what
say , an d h is " sty le" of wri ting about
vice-
he doesn
’
t
other thin gs and a t other
ti me s. We ar e go in g to SEE now . I ASSUME that you are entirely familiar with the lesson "FORECASTING", and my charts that I have made in accordance with the way he would have made them. I also ASSUME tha t yo u ha ve r ead and studied the sales brochure entitled "LEARN BEFORE YOU LOSE OR WHY YOU HAVE LOST MONEY IN STOCKS AND HOW TO MAKEBACK IT ". This is in my Ap pe nd ix II I.
No w I am als o go in g to as su me th at yo u ar e pre tty well f rus trate d and disappointed in the master tim that you are in fact
e factor at thi
pretty well convinced that
s point and
this is just
"ano ther rip -off " and that it i s not even t hat wonderful, mysterious, legendary, much sought after "Master Time Factor". Legends aren't made from such stuff as that JUNK. This 37
is WORTHLESS. Just GARBAGE. Why I even WASTED MY TIME with this STUPID b ooklet in the firs t place, I don't know. Now my money is GONE. That guy, "THE SEEKER" wouldn’t even use his own name. I don ’ t blame him. Taking people ’ s money like that. "His friend" stuck him, now he's found a way to get his money back. Now I know that some of you are thinking and saying these things to yourself right now. I am about to lose your attention as my reader because you see NO VALUE to the master time factor in Appendix IV. Look at the wor ds tha t yo u have just used to describe your feelings; they are all CAPITALIZED meaning that they are ALIVE with meaning for you. They are also the same old "mindset" that I must get you to see. Because you have used the above words to describe your reaction to SOMETHING you cannot now see any value to it all . Your emotions as expressed in words has now blinded you. O.K., I need to do two things, FAST. The first thing I need to do is to get you to look at something else nearby since the object that has the master tim e fac tor in It has dis appo inted y ou and yo u have b linde d yourself by your refusal to see it. Since you won ’t look at "FORECASTING 11, I will ask you to look at the sale s br oc hu re in Appendix III , Perhaps some of the "light" that you refuse to see in Appendix IV may be "reflected" in Appendix III in "LEARN NOT TO LOSE". The second thing that I need to do is to get your att enti on. I will try to do th is by asking y ou to glan ce at my monthly charts of the Dow-Jones Averages. You will find them inser ted behind Appendix VI. When you are looking at the whole (big) picture, you can la y t hem out on you r f loo r i n 1,2,3 fashion with Sheet 1 (lowest prices) nearest you or yo ur fe et , t he n S he et 2 j oi ns Sheet 1, then Sheet 3 joins Sheet 2 and you have prices from 0 to $1 440 . The sca le on each sheet increases ( you can do sc ale s anyway you want to when you know the master time factor, also you can do angles any way you want to when you know the master time
factor ) by an increment that I have chosen to show you a
possible way to chart (any way is O.K., just so long as YOU know what you are l ooking at) price s. Th e pr ices are not important i n this example. I just want to get yo ur attention for a m inut e s o t hat you wil l be willi ng to loo k at wh at I am showing you about the master time fact or. Now, looking at the big picture for the years marked 2nd, 3rd, 4th, and 5th year zo nes. Ju st look a t those year zone s from the gr een col or on Sheet 1 (that’s 1942, 1943, 1944, and 1945.) Then look at the yellow color on Sheet 2 (not the yellow on Sheet DAGAIN, the yellow on Sheet 2 (that’s 1962, 1963, 19 64, and 1965). Lastly , look at the red co lor on Sheet 3 (that’s 1982, we are in 1983, and 1984 and 1985 are YET TO COME). No w, yo u will notice that there is quite a (coincidental?) similar ity in the patterns of 1942, 1962, 1982, 1943, 1963, so far 1983,1944, 1964, 1984(7). Would you like a more in depth view of what we are looking at? If so, please turn to y our Appendix VII and read about my weekly charts for the periods of 1941, 1942, 1943; 1961, 1962, 1963; and 1981, 1982, 1983. Take the weekly charts out; look at them, I have drawn 1,2,3 zones on them for to you stack the 1,2,3 years from 1940s at bottom, then 1960s, lastly 1980s one over the other and line up the year marks 38
that I have made for you. This picture that you have s
een
i n monthly and week ly PATTER NS OF M ARKET MO VEMENT without regards to prices should SHOW YOU THE VALUE OF STUDYING AND LE ARNING THE MATERIAL THAT I HAVE GIVEN YOU IN APPENDIX IV. YOU SHOULD NOW BE ABLE TO GO BACK AND KNOW THAT EVERYO NE OF MR. GANN'S TRADING RUL ES WERE DESIGNED TO BE UTILIZED WITH THE TYPE THING THAT I HAVE JUST SHOWN YOU. HOW WOULD YOU HAVE LIKED TO HAD THIS INFORMATION IN THE EARLY SPRING OF 1982? HAVE
YOU EVER WONDERED HOW TO APPLY MR. GANN'S RULES FOR PYRAMIDING.DO YOU SEE ANY POSSIBILITIES FOR THE REASON
THEY WERE DESIGNED AND WHEN THEY WERE DESIGNED TO BE USED. I WILL NOT BE ABLE TO TELL YOU EVERYTHING ABOUT MR. GANN'S TRADING SYSTEM HERE,
I AM JUST
SHOWING YOU WHERE TO START FOR YOURSELF. ASK
YOURSELF THE QUESTIONS, WHICH RULES OF MR. GANN»S WOULD I UTILIZE TO TRADE A PATTERN LIKE THIS, OR BETTER HOW WOULD I DESIGN MY OWN RULES TO TRADE PATTERNS LIKE THIS. WHEN YOU ARE ABLE TO DEVISE YOUR OWN RULES JUST FOR YOU, YOUR OWN SITUATION, THAT ALLOW YOU TO TRADE WITHOUT HOPE OR FEAR, BUT ON KNOWLEDGE, THEN YOU HAVE ARRIVED AS A TRADER. ONE FINAL CLUE IN SETTING UP
YOUR RULES. IN MR. Gann ’s DAY (HIS PRIME) WE WERE IN THE HORSE AND BUGGY DAYS. NOW WE ARE IN THE JET AGE. TIME SEEMS TO MOVE FASTER AND MO RE VOLATILE, BUT A SCORE IS STILL A SCORE.
Now that I have your attention again, I will say that you should always observe everything if you are going to be a see ke r. And particu larly, if y ou are going to try to s eek something as elusive as the master time factor. You should alwa ys see THE BIG PICTURE and the small pictu re BECA USE you never know what you might find in unexpected places. YOU SHOULD NEVER ALLOW YOUR EXPECTATIONS OF SOMETHING TO DISTRACTYOU FROM SEEING THE REAL THING JUST BECAUSE YOUR EXPECTATIONSWERE DIFFERENT. IF YOUHAVE THIS PROBLEM, THE
’ WAY TO CHANGE IT IS TO CHANGE YOUR EXPECTATIONS, Don t
TRY TO CHANGE THE TRUTH. The truth is-THAT I'M GOING TO PROVE TO YOU FRO M MR. GAN N»S OWN WRITI NGS THAT AM I GIVING YOU HIS MASTER TIME FACTOR. The first thing that we want to do is prove that the master time factor is in fact contained in the lesson "forecasting
Wha t w e are going to do is to
analyze the en
11
.
tire brochure
in appendix III , " learn before you lose ". I will just address whatever comes to me and you will get the gen eral idea and can come back later and look at everything he says i n the booklet. Ag ain , th e co py is hard to read, but, I wan ted you to see that it was Mr. Gann’s own writing. That is why all material the srcinal. In his brochure, I in the appendix is copied from will be referring to his page numbers in the brochure and they are reproduced in my appendix-two brochure pages to the single page in the brochure, except for the last brochure page which would be page 19
in Mr. Gann ’ s brochure. For example,
the page number 1 is "LEARN BEFORE YOU LOSE11 -, then page 2 of the brochure is on the s ame page with page 1 , an d so on until you ge t to page 19 whic
h is on a page b y itself.
Remember, I will not cover everything of I what comes to me to say to you tha
is the master time factor in Appendix IV
Appendix IV after that and analyze it. 39
mportance, but jus t
t will prove to you that . Then we will go to
it
One other thing at this point- I have published this booklet in a bound format for your convenience. The easiest way to follow this material is to make photocopies of the appendices that we are discussing and hold them next to each other and follow the analysis as we go.
You will be working primarily with
Appe ndix III and A ppendix I V.
Page 1-"LEARN BEFORE YOU LOSE"—Three main reasons- he always says the same and today I would add a fourth-our Inability to see because of our mindset. My experience has show n me that his reason #1 is an important problem that we have today. In all this discussion when I say we, I am talking about traders that try to trade by the Gann method as taught in his books. The reason that #1 gives us so much trouble is that we have not understood h all his rules the master time factor as the base on whic function . Once we understand it we will alleviate this desire
to overtrade to some extent. We must learn to slow down our sense of timing as rega rds the act ivity of the mark et. Page 1-further down-he says an ot he r man blindly ev
W
A smart man cannot follow
en thoug h the othe r man is right,
bec ause you canno t have conf idence and a ct on adv ice when yo u do not kno w what i t (the advice)
we could not follow Mr. Gann
’
is based
on.
" Exactly,
s rules because his advice
(ru les) was bas ed o n t he maste r tim e fac tor a nd w e di dn't know what it wa s. Ne xt sentence, he says , "You will be able to ac t wi th co nf id en ce and make profits when you can SEE and KNOW for YOURSELF w hy STOCKS should go UP or down. 11 O.K ., l ets lo ok a t this . Se e ho w he is usi ng cap ita ls in wor ds he wants to stress in a certain way. I
have been doing the same
thin g throu ghout this story using t he sa me word s at time . I wasn't trying to fill pages, to me the sooner something can be sa id an d d on e, th e b e tte r it i s, bu t, I was trying to develop a min dset i n you that wo uld a llow y ou to see how. Mr. Gann changed h is langua ge when he wanted t o tell y ou t he sec ret s b ut yet hide them and keep them back. I even planned
my brochure
the way he would have done (and in fact did) his.
I tried t o make
my brochure mysterious enough to get your interest, let yo u know that there was something worthwhile here, but not scare you off by saying too much, but yet TELLING THE TRUTH IN THE BROCHURE. Go b ack later somet ime and see what I mea n, it will h elp you understand Mr. Gann better. So, here what he is telling us is that once we know the basis of his advice (rules-as given his books and courses), then we can SEE (the same as ray SEE throughout this booklet). And of course the basis of advice is the master time factor that is presen manner that you will probably ever see it by him.
in
his ted in the best
Page 2-Mentions what he spent ($300,000) developing a worthwhile, practical method of Stock Forecasting. That worthwhile method of forecasting that he is talking about here is the same material in appendix IV, plus the use of his other rules as based on "FORECASTING". Pa ge 2-1 will ad dr ess th is mu ch pub lic ize d ar tic le by Mr. Wyckoff 40
Page 3-lst paragraph-In the interview, Mr. Wyckoff says, "He bases his operations upon certain natural laws, which, though existing since the world began". Certainly, we know that those natural laws are the movements of the planets (astronomy) as observed through empirical study of how markets reacted at different time periods of a cycle of planetary movements. Thi s SEEN relationship over long periods of time
was his master time factor. The "master" meaning a guide or mold to go by. There were vari ance s from tim e t o t ime but this was the guide and the variances could also be explained to a certain extent. Whee ls within wheels . Page 3-next para. - Part about new idea not welcomed by majority. Still very true today and what we have been talking about this whole booklet. It is hard for the majority (of us) to see what we don't want to see. Page 3-right column, 4th para. -part about "Early this year he figured that the top of the advance would fall on a certain day in August-" Mr. Gllley is talking about 1909 and you will see when we study my chart based on Mr. Gann’s format why he figured the top for then . Again, all these comments and predictions are ba se d lar ge ly on the mast er time fact or an d i f you study the rules about the calendar year "1" through "10 " o r " 0" as giv en on page F-6 in "FORECASTING" in appendix IV, now, you will be able to fo ll ow ev er y on e of hi s predictions as we talk about them in this brochure in appendi x III that w e are prese ntly going through.
Page 4-2nd para., left column- the part about during the month of October, 1909-if you will look at your calendar years and rules, you will see that the 9th year at that time was the "blow-off" year in the cycle; the reason for this was because JupiterSaturn, the cycle that the master time factor is based on reached approximate position of opposition approaching; and symbolically (ideally) and actually past study of his indicated that this was
why and how the stock market actually acted in past similar cycles. Giving (as he said) not only the cause but the proof of market action. The same thing happened in 1929 but it was a much bigger "blow-off" because it was the end of the 60-year cycle (or 3rd 20 year cycle). This also points out jus t what an astute businessman Mr. Gann was. If he was going to make predictions for a newspaper art icle (free pub licity) he chose deliber ately to make them at a time right aft er (shortly after t he 9th of October) the blow-off top would have confirmed itself. Not taking anything away from his remarkable feat, but emphasizing how he probably used the master time factor here at this point; I suspect that he wa it ed for co nfir ma ti on (probably from the averages and US Steel) to sho w that the top had been made and then had his selection of trade prospects which he knew inside and out, ready; then he Mr. Gllley) call 41
had someone, (perhaps
and offer to set up the
demonstration for the article. Knowing
that the top was done, he probably traded the swings from the short side, selling every rally at its rally resist
ance point and
then buying back at places on hard breaks for small rallies to re-sell on.
The markets at that time (1901-1920 on your
ch ar t sheet 1, in yellow) performe d remarkably well for 3 points moves and divisional
points of re sistance. Partly d ue to the
nature of the market then. A
lso, I would like to point out to
yo u wh y I think that US Steel was watched so much by Mr. Gann. Of course, it had good volume (liqu idity) ove r the years as time p assed by; but Mr. Gann began fo ’
you will notice US Steel
llowing it ear ly. If
s birthday you will notice that it was
incorp orated on February 25, 1901, and trading fi
rst began on
March 28, 1901. Also, you will notice that 1901 was the beginning of his natural 20 years cycle on his master forecasting chart. (Today th is chart is #19 in a packet of charts sold by La mbert-Gan n Publis hing Co. ) I have i ndicate d to y ou earlier that the re was also a conjun ction of Jupiter-Saturn in November 1901. When you are looking at a general monthly chart over a period of 240 months (20 years), the few months between March and November are not important; they we re in the same year and the "1" year on his poin t of the chart ; th e
M
0
of the chart in time at Janua
W
charts are really t he " 0"
representing both the
begi nning
ry 1901 and the "0 " representi ng
the Jupiter-Saturn conjunction itself in November
1901.
Astrologers (and astronomers, I guess) represented the conjunction by "0" with quotations around it because it indicated the beginning of a time relationship of whatever was being looked at and it in fact also represented 0 degrees in that cyc le. The conjunction was alwa ys the starti ng point in the c ycle to measure from. Mr. Gann had said at other times that his forecast could be made one year or more in the future WITH JUST MINOR ADJUSTMENTS OVER TIME. If he knew what he was looking for (he did-and you are beginning to) he could allow for small adjustments in time on the repe tit ion of thes e 20 yea rs cycles. That's where his other rules begin to b e devel oped
and used. So, I speculate (to observe and believe as a result of
the obs ervation) that Mr. Gann wa tched US S tee l bec aus e it was born at the natural time (year) of the conjunction and was therefore ( in his e yes) under the "influence" of th e na tural time cycle (Jupiter-Saturn). In fact in his stock course later he says that Steel (meaning US) m ade its all time high on Sept ember 3, 1929 . And of co urse the a verages did t oo. So , I th ink th at he use d "Stee l" as his n atural b aromet er to tra de o ff of the natural cycle (Jupiter-Saturn) that seemed to "inf luenc e" th e stock market most. N aturally, he could not then trade the stock indexes as we have t oday but he had to fi nd an a ct ua l s to ck vehic le to t rade a nd US S teel w as the natura l choice. I believe that Mr. Gann made those trades for the "Ticker Magazine or Magazine of Wall Street" or whatever, in some fashion ve r y similar to what I have described for you. If this speculation is approximately accurate, then that shows you just how good Mr. Gann was in his prime. We cannot expect to be abl e to forecast anywhere near
that good , but as I will show
you when I bring the master time factor up to date through the year s th at we can achieve a new perspectiv e in regards to time, when we utilize our new found understanding of Mr. Ga nn ’s rules based on 42
this time factor. Page 4-2nd para., right column- part where he
predicts market
toward lower prices until March or April, 1910, -Look at his rules on calendar years again on Page F-7 in "FORECASTING", Appendix IV. (By the way I am going to start calling "FORECASTING" and Appendix IV the master time factor. O.K.? It saves us time and me ty pi ng . I am ge tt in g ti re d of typ in g. I am a se ek er , no t a "ty per" . Back to his rule s on Page F-7 in the master time factor . Under year No. 10 he says, "No. 10 is a bear year. A rally often runs un til Ma rch an d Ap ri l;-"--a lso , whil e we a re r ight at i t look at what he says in the ru le above about cal end ar yea r No. 9-he say s, "No . 9 th e h igh est di git and the 9th yea r, is the str ong est of al l fo r bu ll m arke ts. Fin al bull campaign s culminat e in thi s ye ar af te r ex tre me ad va nce s and prices start to decline.
Bear markets usually start in
Sept embe r to N ovem ber at th e end of th e 9th yea r a nd a sharp decl ine takes plac e. Se e 18 69, 1 879, 1889, 1899, 1909, 1919, and 1929-the y ear of gre atest advances, c u l mi n a t i n g i n the f all o f the y ear, foll owed b y a sha rp decline.
"
Now,
look back at page 4 in our brochure that we are ana lyz ing . We saw above tha t he had predicted top in O ctober 1909 , la ter we wi ll see that he pre dicts top for 1929 in l
ate Aug ust or
September . He say s that top come s in t he 9th year between September and November.How does he determine which month and I speculate that he used some
date that it will come.
astrological technique along with the confirmations of his rul es to pin point th e top to a more specific t know. I know very little abo to kno w about astrology al
ut astrology . But you don l you have to do is
’
ime. I don ’
t
t have
to be able to
look at a picture (the swi ngs on the chart) . See how each year (he called them zones
W
1M through W20") looks: when you just look
at the 5th zone or f ins tance.NOWYOUKNOWWHYHE CALLE D THE5TH YEAR THE YEAR OF ASCENSION. In other places he said the 5th year, 5th month, 5th day, or 5th period of anything, but he really meant that figuratively speaking and again he was
sayin g the 5t h year of the Jupiter-Sat
urn cycle and the 15t h
year of the Jupit er- Saturn c ycle, beca use the fi rst thing you always do with a circl e if you are a n astrologe r (I don I'm not one, but he was and he said it),
’
t know
is to divide it by 2 . This
gives y ou the maximum point of where actio n t urns into reacti on. So methin g (in this case, the 20 year J upite r-Sat urn cycle) will start at
W
0 M , its beginning and will advance to its
maxim um mo ving o ut (wi dest point of separat ion) unt il it can ’ t go any further (opposition or 180 degrees); then when it has reached its furtherest point out (action) it begins to retreat (separation at its wi dest begins to narrow back to conjunction) back into its self.
the next
This is the law o f all cycles
and it is sometim es expressed as the law of ac tion and reaction. This is symbolism of the circle and circle represents
nature (astronomy and astrology, cell division, time periods, life, an ything). See my cree
d on the section abou
t rhythms
and seaso ns and time (Secti on IX). So get ting back to his 20 ye ar circle di vided by two, gives you t
he oppositio n or maxim um
outgoing or separation from the base or the blow-off which actually comes slightly befo re the 10th year, sometimes in t he ninth year the opposition generally takes place on a mean
43
average of 9.93 years from the conjunction, but we have not begun from the exact conjunction but almost one 1st, 1901 instead of
November 28, 1901,
year earlier January which almost throws
us off a full year. BUT, AS MR. GANN, SAID IT MAKES NO DIFFERENCE WHERE WE START MEASURING FROM (talking about time); JUST SO LONG AS WE "KNOW"THAT WE HAVE STARTEDFROM THE PROPER PLACE. You understand? We are starting our monthly
charts fr om month of January, 1901 as
the first month
of the
cycle, while in fac t the CAU SE of t he cycle d oesn't s tart unt il No vember, 1901. But he adjusted this (and we do the same thing) by being consistent over time with what we are watching. We couldn ’ t be consistent before we learned HOW TO SEE (OR WATCH) BECAUSE WE HAD BLINDED OURSELVES and therefore could not see be ca use we did n't kn ow what we were watching in th e first plac e so how could we be
consistent. Once you have been freed by
the kno wled ge of the maste r time f actor you
are at liber ty to
depen d o n yo urse lf, becau se b eing free me an s y ou ha ve th e lib erty to ex peri men t on y our o wn f or yo urse lf a nd y ou wi ll no t have to be afraid th
at your scale, or you
r angle, or yo ur
time per iod will be off . Th at is an exa mpl e o f what is meant by the TRUTH SHALL SET YOU FREE. I know that this is hard to follow for some of yo the more
you read
u, but come back to it and reread if it, the clearer i t will b ecome. You
often , wi ll se e
new things and have new understanding each time. For now ju understand that when we construct the master time
st
chart the
same way year after year and stack each 20 year cycle over and over on the same price scales you
will have a relationship that
causes the same type of movers at approximately the same y
early
time periods within the cycle that you are looking at; in this case the 20 year cycle. And remember in here that we are dividing the circle (20 year circle) the way Mr. Gann divided all his circles; first by 2 to get 120 months (1 0 years) and the opposition (actual);
then by 4 to get the 5 year periods, the
5th year being the year of ascension becau degree angle or at the
se it was the 90
approximate 90 degree aspect
(angles is the astrological word for aspects and the word angles was
used by old astrolo gers to i ndica te the divisio n of the circl e o n a square surface.) And of course we can carry this symbolism (symbolism is truth in a subjective inner sort of way) on by pointing out that the 5th year is a 90 degree angle or aspect then the 10th year is also two 90 f s or 180 and Mr. Gann
’
s
rules reflect this by 5th year ascension up and another 5th year (10th year from beginning) down or bea r yea r. Over time th is will become clear to you. In order to get back to the srcinal line of thought that I started with at the beginning of the previous paragraph, I want to say that on page 4 of the brochure wher
e Mr. Gann
said in November 1909 that the tre nd of the stock market s hould, barring th e usual rallie s, be to wa rd lowe r pric es un til Ma rch or Apr il 1910. Then on page F-7 in th e master t ime factor lesson, you see under No. 9 that top is m ade September to November in 1909, then you look to see what happens from ther e, so y ou lo ok at N o 10. , or 1910 a nd yo u see that it is a bear yea r fro m 190 9 top in Oc to ber , bu t th at ra ll ies often run unt il Mar ch or Apr il; - the n you look back to page 4 in the brochure and you now SEE how Mr. Gann made his forecast. Pretend it is now 1910 or 1911. How would 44
you make a forecast for
1929 and 1930.
the rules in lesson on the master time
factor on page F-7 that
you would look for a top in Septembe and the n you would look for a sharp
You might say with
r to November of 1929 decline with the market
trending lower with some rallies until March or April 1930, then you would look for
another severe break
to run until
November or December 1930 at which time that cycle would end (talking about a 10 year cycle now or the same thing as one-half of the twenty yea r cycle, just so l ong as we a re so long as consistent in our stacking of the cycles and just we know what we are looking at and why ) and a new one would
begin. Hey, YOU HAVE FORECASTED THE STOCK MARKET 19 OR 20 YEARS INTO THE FUTURE. And if you have some more good proven rules to give better indications of this forecast you are in a strong position to makes lots of money, if you keep your health and money and if you are
alive 19 or 20 years in the
future. Oh, also, I forgot that you must have some plan to take advan tage of this wonderful informatio
n, maybe some tra ding
rule s d esign ed just for your forec ast, because y ou coul d be wro ng you know, you may h ave mi scalcu lated, and you mus t pr ot ec t you rsel f if yo u hav e. Als o, don 't forget that ju st be ca us e som et hing ha s wo rked in the past, it may not work in YOU MUST HAVE IN the future. Hmmm. So many things to think about. YOUR POSSESSION SOMETHINGMASTER LIKE A TIME FACTOR TO
MAKE A FORECAST LIKE THAT 19 YEARS BEFORE IT H A P P E N S .
Lets wait and see
what happens.
Still page 4-same two para. -Now you will have to admit that we have done a lot of analyzing on two paragr aphs, and we may have looked at 1909 and 19 10 more than you ever w anted to, but, you w i l l h a v e t o a d m i t t ha t w e h av e le a r n e d something’s tha t are beginning to look interesting. But there's lots mo re, in showing you th e path, the pl ace to st art, I'm helpi ng m yself becau se I' m le arni ng n ew t hing s al l the tim e. My cr eed sa ys tha t's wh at it means when you GIVE FIRST -THEN YOU G ET. As far as analysi s goes, we ha v en 't e ve n
done a good job on this page 4 of the brochure. One reference to page 4 and we will leave it.
last
Page 4-third para, from bottom of page-he says, "In 1912 Mr. Gann forecast the election of Woodrow Wilson and has been cor rect in forecasting the election of every President since that time. -"- Now this gives me an opportunity to show you something you already know, but some people think that Mr. Gann never ma de a mistake in his foreca sts and tha t he never t old a lie about hi s records. I have told you several times how I feel abou t Mr . G ann and his work . My search in his work allo wed me to redi scover my cree d . The most valuable object that I hav e eve r fo un d. B UT, IF WE WANT TO SEE CLEARLY, WE HAVE TO LOOK AT WHAT WE SEE. Here is an example of how we overlook whateve r we want to when we don’t w ant to se e it. This br ochure was w ritten probably in late 193 9 and pu bli she d in early 1940 (p robably). Mr. Gann, like all bus ine ss me n a nd economic forecasters and pe ople in general adver tised his hits and successes and never let us forge t them (that ’ s why he reminds us; so that we will buy his services (co urses ); but he forgets and overlooks his mistakes and his failed forecasts and predictions and just never mentions them again. I can tell you that he made many public predictions that 45
didn't pan out. I will also show you that most of them were predicated upon this same master time factor that we are talking about. Later, I will cover one of them in particular detail so that we can see why he was predicting something that turned out to be totally wrong. This is good for us to see because we must never get to sure of our forecasts. Now to finish this page 4; Look on page F-11 in the master time factor lesson and you will see one of the very rare Instances where you get to see Mr. Gann make a foreca st for the next year BEFORE It actually hap pens. If you ol ok back atall his material you will find particularly in later years that these forecasts are merely mentioned in his books and discussed after the fact. In other words he says he forecasted so and so; and most of the time he was right. I know because I have gone back and checked all of them to see if they were true. There is another Instance that you will have an opportunity to see a forecast made before the fact W and it too was wrong. I will cover it later, but for those of you who can’t wait, it is in his book, 45
Years In Wall Street". When you find the predictions, they are glaringly wrong, figure out why he made them, now, based on what we have already learned to this point. If you do figure it out now you are well on your way to admitting that you have the master time factor. But, until, you can come up with an acceptable reason for his being wrong on that particular prediction thenstill youhave aways to go. I will offer you an explanation. You can accept it or reject it. It doesn't matter, because, by then you will have seen enough that you are ready to start on your own forecasting methods for yourself. Again, to try to get back to the subject at hand, Mr. Gann missed his forecast on the presidential election, as you can plainly see, furthermore, you can see by that, that the paragraph on Page 4, about his forecasting the election of every President since 1912 was not true; because he wrote this brochure, as I said In late 1939. So, he apparently forgot missing that one. Besides that, his 1936 market forecastwould not have been any good to try to trade either. But, it appears to me, that he just miscalculated and didn't follow his own rules entirely, because his rule says that it would be a bull year generally. As a final note on this;for a long time when I read ht is back in 1980 and 1981, I thought that he had taken this lesson off the market, so to speak, because of the bad forecasts, and that he didn't want anyone to see it since it was not correct. This may have had something to do with it, but, now I AM CONVINCEDTHAT HE TOOK IT OFF BECAUSEIT MADE THE MASTER TIME FACTOR TOO PLAIN IN OPEN WRITING. He also just sold this lesson as his MOST VALUABLE ONE. HE CHARGED MORE FOR THIS ONE THAN OTHERS. HE ALSO SUBSTITUTED LESS VALUABLE LESSONS FOR LESS MONEY. We will cover lal this in detail later. For now, just remember that Mr. Gann wasn't perfect in his life and his forecasting and trading the markets AND WE DON'T HAVE TO BE EITHER. We just need to do better, on balance both in the markets and in life. In the markets we need to make more profits than loss es on balance. In life we need to make more good movesthan mistakes on balance. Both are learning arenas and we shou ld continue to progress and learn from our mistakes.
46
Page 5-lst para. - part about "His Stock Forecasts for 1920 and 1921 indicated a bear market w ith sharp declines.- " Now look at page F-7 in the master time factor rules on calendar years. See again No. 10 year (or 1920) ; indicates a bear year with sharp declines-March and Ap ril. Also, look at p age F-6 (rememb er anytime I precede the page # with F, tha t’s the pa ge # in th e lesson on the master time factor); see again No. 1 year (or 1921) is the first yea r in a n ew d ecad e (a ten year cycle-but it is also the first year and new beginning of the 20 y ear cycl e; bas ic al ly it ’ s like a triangle, the left si de o f th e tr ia ng le going from "0" (remember that ’ s conjunction) to 180 degrees (remember that ’s oppositi on or top), this time period from W0n to 180 consumes 120 months or ten years; then it starts down from opp osit ion whi ch is the new "0" in t he 1 0 ye ar c ycl e bu t only hal f w ay in th e 20 ye ar cycle but it is at the top of the triangle and coming down to the srcinal base for the ending of one cycle and the beginning of a new one. Since it is like a tria ngle within the circle (or s quar e), y ou h ave one 10-y ear period going up and another 2nd 10-year period going down. Since the left side of a triang le lo oks l ike th e rig ht sid e of a trian gle, ju st like your left hand loo ks like your right hand, except t hat one i s on the left and the other is on the right y ou have s imilar yearly patterns g oing up th e 1st 10'y ears and th en coming down the 2nd ten years. You generally have the top made in the 8th and 9th year. Mr. Gann explains it simply by saying that 9 is the highest digit. This is simply a way for him to say it is the 9th year without telling you that it is the oppositi on of JupiterSaturn that causes this phenomena in the markets to occur. This is generally the blow-off year. A nd again the reason tha t it comes in that particular year is because o f the way and time frame in which we have devised the chart that shows us the picture of how the swings look over the two halves of the 20 year cycle. Remember we did not start our chart at the exact date of the conjunction in 1901 but at the 1st month of the year in 1901.
Several reasons for this, 1st we want to look at several 20 year cycles stacked on the same time periods; the 12 months of a year allow us the most consistent way to look at them, 2nd, if he starts his charts from the actual conjunction, he has given away his master time factor. (He gave it away to me by simply starting from "1" year instead of "0", how do you think it would have looked to start it from November 28, 1901.) So, you see that it makes no difference where we start from, if we start from the proper place (that we know) and be consistent. We can just shift our reference point in our minds a nd say, O.K.-the 10th year will be the blow-off year in this cycle because its at the top of the cycle, or we could shift our reference point to th e le ft (backward s in time) and say tha t the 9th ye ar will b e the blow -off year (or top), or we could shift our reference poin t tw o years to the left (backwards in time) on our charts and no w the 8th year becomes the blow-off year (or top) of the triangle, square, circle or cycle that we are looking at. It makes no difference what we call them they are all the same. THE MOST BEAUTIFUL AWE-INSPIRING WAY TO SEE TRUTH THAT THE ANCIENTS AND ADEPTS USED TO DEMONSTRATE PRICELESS INFORMATION AND CONCEPTS 47
FROM THOSE WHO WERE NOT PREPARED TO APPRECIATE AND UNDERSTAND THEM WAS HIDDEN IN THIS MANNER, BY THE SYMBOLIC US E OF THE CIRCLE, THE SQ UARE, AND TH E TRIANGLE. THE ANCIENTS HID THESE WONDE RFUL T HINGSFROMTHE UN PREPAR ED (NOT YET READY) BY PUTTING IT OUT WHERE EVERYMAN COULD SEE' IT IF HE WOULD. But if he (E ve ry ma n) ha d no t le ar ne d th e pr op er minds et; t hen he couldn 't see thi s beau ty beca use he didn't know how t o loo k. He j ust s aw something o
f no value; yet the thing o f
no value was the very priceless thing that he needed (THE REJECTED BUILDER'S STONE). Now you can look at any cycle or circle that you want to with the above symbolism and mindset that I have d escri bed. Y ou ma y not believe
it now, but I have gi ven
you enough information in this paragraph for you to acquire dominion over any market. But, you must first acquire dominion over yoursel f. Once you do inconsequential
Importance.
wonderful, beautiful world. treasure, but t
that the market
really b ecomes of
What a strange
, curio us,
We seek in the
mar kets for
hat search when conclud
ed leads us not
to something which we first rejected as refuse; then
to gol d but
this refuse
when properly assimilated into o urselves, gives us the abi lity to take the gold from the markets al most at will, but then on ce we can take it at will, it becomes In
consequential t o us. Do n't
you find that a stran ge wonderf ul thing. I am not
implying
that I c an do any of the a bove. I 'm not t here- b y a long s h o t . But I am telling you that I see this path and I rediscovered it as a direct result of my search for Mr. Gann
’
s
Master Time Factor. Page 5-2nd par a. -Mentions the Book, "TRUTH OF THE STOCK TAPE", -I used to think that this was probably his worst book because it was his earliest, now to me it is his best book. The book didn't change, I did. The book is his best to me now because I found the gold there in the form of one quotation from Emerson. Page 5-next para. -"His Stock Forecasts for 1924 2nd 1925 outlined the bull market which followed.
"
Look at your colored charts
(Sheet 1). Look at 1924 and 1925 in red. Look at 1904 and 1905 in
yellow in the previous cycle right below. Also, look at your master time factor rules on page F-6 and F-7
covering No. 4
and No. 5« Do you see why Mr. Gann called the 5th year the year of Ascension. This gives you an opportunity to see how he related market observations to biblical events in his descriptions of the phenomena of an observed pattern in the markets. Also, shows why he said on the 3rd day he aros e. (This is a lso an astrological hidden commentary- meaning the arrival of spring from "0" the depth of winter December 21; you have three periods. Or from anywhere because the third period (30 degrees x 3 = 90 degrees) and of course th e important sq uare aspect (angle) that also comes into cons idera tion durin g t he 5th year and has significan ce in the cause of that phenomena of
the
year of Ascension. This according to astrological interpretation of astronomical events and to Mr. Gann.) I don't know anything very much about astrology, but being a seeker I can read a picture or map and therefore I don't h ave to spend any more time with Astrology. — This brings me to another side trip. I had several people that inquired about ordering my booklet, respond by writing me that 48
The above is my speculatio n about the possible meaning and explanation of the cause of the master time factor. I have strong reasons for this conjecture. Also, before I forget, one re aso n Mr. Gann (and t he ancients and astr ologers) called the 60-year cycle the Master Time Period is beca use it contains approximately 2 cycles of the orbit of Satu rn and 5 cy cles o f th e or bi t of Jupiter. There is a great amount o f mater ial in the last sentence alone . I c annot cover it her e, b ut some times lo ok at th e relationship above and see how the square of 12 (144) is in volved and what it means and how you think Mr. Gann was using his square of 12 and 144 an d mor e imp ortantl y wh y he was using them. It would take volumes to cover an analysis of Mr. Gann’s work. I ONLY WANT TO SHOW YOU THE PATH IN THIS BOOKLET, SO THAT YOUCAN HAVE THE PLEASUREOF DISCOVERY FOR YOURSELF. I see now that I can barely cover the ma ster time f actor in this booklet. T
here are so many other things
that I wanted to
go
over wi th you. But, all i n due t ime . At this point let me say again to tho
se of you who are
disturbed by the astrology or astronomy references herein. If looking at astrology disturbs you just ignore it; it doesn't ma tte r. ASTROLOGY DISTURBS ME TOO, but it makes sense to me that there can be s ome cau ses of o ur beh avio r ti ed to vari ati ons In our magnetic life
fields an d as a result o f this
thou ght pro cess , I can at l east l ook and s ee if th ere is some repetitive behavior observable in the market that I can trade off of. You don't have to understand electricity to use it. I hav e to men tio n ast rol ogy here, because we are discussing Mr. Gann and the cause, use, past hi st or y, an d fu tu re us ef ul ne ss of his maste r t ime facto r. Mr . Gann was an as trologer a nd theref ore we must di scuss it. If you plan to use the master tim e factor in yo ur trad ing, then you at least need to k now what the time factor is based on accordi ng to the man tha t de velo ped it and spent a lifetime devel
oping rules to u tilize its repet itions.
I can ASSURE you that Mr. Gann
’
s whole trading syst em when
properly understood and applied is the most POWERFUL system
of trading that I have ever seen. I have looked at every system tha t I have ever heard of. And as you know from my sto ry I co uld n' t say th at ear lier, before I disco vered his mas ter time fact or. Besides, we do not have to believe in or study a
strology to use
his mate rial , but we do nee d to know the fa ct th at it wa s astrology that led him to search for the repetitive patterns in th e cy cles and that as fa r ba ck a s his tory is recorded man has had similar beliefs about the causes of human ac tivit y. Page 63rd para. - "On March 1. 1933, by the use of his Master Time Factor Mr. Gann forecastbottom---- M - You can read the rest of his para, for yourself. On page F-6 in the master time f
actor
rules, No. 3, year No.3, in this case year No. 1933- well read the part about how the decline from the 2nd year (1932) may run down and make bottom in February or March of the No. 3 year (1933). Then look at ray Master Time Factor Charts Of The Dow-Jones Averages, Sheet 1, in r ed for 1933 in the 13th zone. This brings up another thi ng that you need to know about what Mr. Gann 50
means when he says something. To him the 3rd zone and the 13th zone were interchangeable words. When he say s year No. 3 in the master time factor lesson on page F-6, he means y ear No. 3 in the decade. This actually applies to the 3rd year from the beginning measuring point of the 20-year cycle ("0" or conj.), but it also means and applies to the 13th year or zone. This could be confusing to us especially if we did not KNOW wh at caused the 20-year cycle to be important. Also, I want to point out that there are other cycles of great importance. Th e 60-year was mos t important to the ancients bec ause of sizes o f the involved planets and Saturn was the most distant planet that they knew. I am busy with some very interesting computer work now on so me srcina l cy cle work that I ha ve fe lt th e n eed to p u r s u e a s a r e s u l t o f s o m e o f th e t h i n g s t h a t m y s p e c u l a t i o n s ab ou t Mr . Gann's wor k has led me to. Ba ck to the para, on page 6-T he las t sentence says "T his is ano ther proof o f the great value o f Mr. Ga nn ’ s discovery of a Master Time
Factor." That
sent ence is al so another proo f here tod ay 43 ye ars later that I have now given you the sincere student, Mr. Gann's Master Time Factor. It SHOULD NOT BE ABUSED. USE IT FOR YOURSELF AND USEFUL PURPOS ES ONLY. IF YOU ABUSE ANY THING USEFUL, ISIT A NATURAL LAW THAT IF YOU SOW THE WIND, YOU WILL REAP THE WHIRLWIND. Just the possession of the ma ste r t im e fact o r w il l b e useful to you to see the unfolding trends, but you must master yourself first, with use.
then all o ther useful
thing s becom e more use ful
Page 7-1 is not going to continue to point out every forecast and where it came from in this booklet. There are two more on this page and many more in all Mr. Gann ’s other books and courses. For practice and more in sight you should find everyone of th em and study them. Also, remember to look for and be prepared for variations at times. You must also look for abnormal moves suc h as in war times, etc. T here is one thing on this page that I want to point out to you though about Mr. Gann's language, so you wil l remember every time in the future exactly what h e is saying
-down at the bottom of the page- "The man who guesses and gambles o n hope is sure to lose while the man who follows 11 science makes profits." The word "science always mean the study of the heavens eith er a stro nom y (c ycl es) or astro logy (the art of interpreting the heavens). Next sentence. -"There is cause and effect for everything and by time element and the cycle theory everything can be mathematically determined."- Here he alw ays mean s ca use i s the mov ement o f some planeta ry bod y or ”
bodies or relationships; by th e wo rd "eff ec t he means the moves of prices up or down through time as a result of the cause; and by "time elemen t and th e cy cle th eo ry" h e m ea ns h is m aster time theo ry t hat I ha ve been e xplai ning to you; " mathema ticall y determined " -you migh t first think he means the calculations nec ess ary to det er mine th e posi tion s o f th e p lane ts and this is a frequen t expressio n used by astrol ogers, but Mr. Gann doesn't mean that here. What he means is that if you have his master time ele ment (fa ctor) an d his cycle theory
as mentioned
in
the same sentence, the mathematically determined means simply counting the years on your the digits of your two hands. J ust ’
simple counting- 1, 2,3,4,5,6,7,8,9,10. - Hey, that s math and THAT IS EXACTLY WHAT 51
HE MEANS. He always did his advertisements that way. It appeared more scientific to say mathematically determined than to say rules for counting to 10. Mr. Gann
’
s natural genius for selling
his products have been overshadowed by his forecasts but his sales ability was by no means small. Page 10-about 7 para, down- talking about his 1937 forecast. "This year comes under a time cycle which definitely indicates a bear year in most stocks and a panicky decline— fl see his No. 7 on page F-7, same old story now with the forecasts, but you have anothe r opportunity to see why "7" was attached to the end of something; in this 20 year cycle (Jup-Sa) the
7th and l7th
year were "downers". Downers had bad connotations, so he picked up on the bibli cal and a strologica l connotati ons of s even to reflect and describe the empirical relationship that he saw in the cycle. HE OFTEN DID THIS. Page ll-6th par a. -"Advance in December- -Mr. Gann was asked how it was possible to make such an accurate forecast one year in advance. "He stated that
it was his own
discovery of a
mathematical master time factor and cycle theory which enables him to tell when certain cycles recur and great panics and booms take place. -" By now you KNOW what he means. Look below in the next two paragraphs. Quote to yourself from your knowledge of the master time factor rules on F-7 for 1938, the 8th (and 18th) year. Page 11-bottom of page- AGAIN WE REPEAT: - He is telling us over and over about his method of forecasting -and he is telling us more here than we first see. Here is one of my favori te quotations: "Prove all things and hold fast to that whic h is good." Well, it is sound ad
vice for sure, but did yo u
kno w tha t it has anot her meaning to and that is wh y he is sayin g Again WE Repeat: above it. "Prove" is an old-time meaning for SQUARE and "thi ngs" is an old- time myst ical meani ng for circles. This quotation has dual meanings, the second hidden under the 1st.
«• The above quotation brings up a quick side trip. I did not intend to get into angles, calculators, master squares, etc. in thi s bookl et. As I said , le t s just too much for one time. Besides the master time factor is the most important and if you are a sincere student you will be able to come to all of this now on your own. But, lets look
on page F- 15 in the master time
factor lesson, since we are talking ab out squaring al l circles and holding fast to those which are good (proven, also squared). At the bottom of the page, the "NEW YORK STOCK EXCHANGE PERMANENT CHART"- For those of you have seen it so many times, did you know that this "master" chart that is the SQUARE OF 20, meant that it was the square of the JupiterSaturn cycle. Did you see how Mr. Gann has squared or "proved" the "master" circle (20 years). Did you know th at th is le ss on with the knowledge of what the master time factor is and how it can be used gives you the key t o understand Mr. Gann ’ s calculators and other master charts. This is a quick side trip, so we can't get into all this now. I just want to mention two or three things. Almost all of Mr. Gann's calculators
52
are designed to calculate the position of prices and natural resistance levels based on their positions within the square of their natural cycles (which everyone you are looking at-and some of them are designed so that there are several different cy cle s within the same squa re or calculat or). Almost all of-Mr. Gann’s squares and calculators are the squares and square-roots (srcin of) different planetary cycl es ( M 0 M to "0"). You can figure them out. But it is a waste- to put so much time on them- w e do it , because we hum ans love exotic and scientific things like mysterious "mathematics" Instead of dull things like counting on our fingers 1,2,3,4,5,6,7,8,9,10. Aren't the calculators so much more fun, BUT HAVE THEY BEEN MORE PROFITABLE FOR YOU? While I am thinking about coun ting, I mentioned to you earlier that we seekers must ALWAYS be looking into all kinds of things (seek means to look). We must look into the meaning of words and the meanings behind words and languages. Take the word "SCORE", for Instance, of course it means 20; but how many other m eanings can you think of for it-scores, I bet. It means to tally, keep count of, make a round trip around the baseball diamond (circle, square), it means to mark something un til the next time, It even has slang meaning for things of a more personal social nature. Look at how we use some of the words and relate them to the SCORE of years it takes to repeat one cycle across Mr. Gann’s master time chart. I have mad e a copy of the square of scores for you. The square of twenty from the birth of the New Y ork St oc k Exchange on May 17, 1792 (a ccording to th e figure that Mr. Gann used), h as an Inte resting ite m in the center wh ere all th e central angles cross. You would expect some type of change in trend their of major significance, since this is a square th at covers 400 years, now lets see, is that 1982? I wonder how lo ng this bull mark et should last? Do I have any way to forecast it? The last point I want to make here is: Again, you have to watch Mr. Gann ’ s words, on page F-15, he says the squa re of 20 can be used to measure days, weeks, months, or years- but he really means YEARS, days, wee ks and months are contained in years, but he doesn't mean the square of 20 days, or 20
weeks, or 20 months. HE MEANS ONLY ONE THING - THE SQUARE OF 20
YEARS. He couldn't just come out and say the SQUARE OF 20 YEARS, BECAUSE THENYOUWOULD KNOW THATHE MEANT THE SQUARE OF THE JUPITER-SATURN CYCLE. So he tosses in the other time period s of days, weeks, and months to confuse the issue. You must always determine what he is talking about at the time in order to know which time period to select. Another example, most of the time when he talks about the square or 360, he is talking about the SATURN ORBIT or 30 years (approximately) or 360 months. Then he means a monthly chart even though he will say daily, weekly, monthly, yearly, to make you think he is talking about all of them simultaneously. There are several others, the 45, 90, 12, etc. etc. As usual that side trip turned out to be longe
r than I had
intended. I have two comments that I want to bring to your attention on pages 13 and 14 of the brochure. First, page 13of the rules is for trading for fast moves after the market gives a definite signal—"- Oh, the trouble I have had with the Gann rules, before I discovered his master time factor. I got signals 53
w
One
all the time-and most of the time wrong signals. -The reasonI was trying to trade to often. You
see for yourself you
sh oul d plan your trades by th e YEARS- not by the d ays or hours. The monthly chart shows you the MAIN TREND. Have you ever had any troubl e det ermin ing w hat the m ain tr end w as? I can't begin to estimate the hours that I have spent trying to determine what the main trend was. CAN YOU BEGIN TO SEE SOME BENEFICIAL things that the KNOWLEDGE of the master time factor is going to do for you in your trading? You must take the knowledge and then go back to eve ryo ne of his rul es and see wh at he wa s re al ly tr yi ng to do with each rule and what its purpose was. Did BOTTOMS AND TOPS ever give you trouble understanding what and how he meant them to be used. DO YOU SEE THEM IN A NEW LIGHT YET? On the bottom of page 14 Mr. Gann makes another quotation from the Bible, and says, "Ye Shall Know the Truth and the Truth shall make you free". He ties useful information that he wi
ll give you if you
orde r his
course or courses to a truth from the Bible. This gives you some Insight to what the
quotation really means. Can you
begin to sense a certain freedom that you have now in your understanding of Mr. Gann's work now that you know what the master time factor is and now that you understand the idea behind it so that you can exp erime nt , stud y, and re search market movements on your own? Or, haven’
t
I convinced you
yet that I have given you and am giving you the master time factor? If I haven
1
1, the best proof is yet to come.
Page 15-3rd para. -"If the average man or woman would only spend the f irst few hu ndred dollars they l ose i n the market in acquiring knowledg e and learning the rules for buying and selling at the RIGHT time, they would then make profits-not losses". Mr. Gann was telling you this to sell you his courses, but he was te ll in g th e tr uth. If yo u ha ve not be en ma king pr of it s in the markets, but have Instead been making losses, you need to STOP TRADING, stop completely, take the information that I have given you on Mr. Ga nn's mas ter time factor, learn it,
study it, go back and study his other rules, l
earn now with new
insight and understanding what they meant, realize that you do not need to trade to often an d only at the right T IME, prepare a set of trading RULES just for you, made by you, designed by you, based on this remarkable man's work. Then and ONLY then go back into the market with prudence and common sense, if you do not start making profits almost immediately, then STOP TRADING, find out what's wrong, TEAR THE PROBLEM OUT, and start over again. Page 15-bottom of page-His description of what he calls his Complete Course- "The Complete Course is in Four Lessons: --"Then he goes on to describe the contents of this cours e. I le ar ne d a lot about how Mr. Gann used his words and his language by reading the de sc riptions in sa le s piec es th at he ha d wr itten about his courses and materials over the years. I have mentioned to you before, that it is t he l ittle things that are so im p or ta nt to observe when you are studying his work. For instance, take this course that
he calls his "Complete
Course", you would assume at first glance that this would contain
54
all of his material, but this "Complete Course" d oes not con tain the "FORECASTING" or mas ter time factor lesson, the one written in November 1935 (the real THING); instead, this course contains the one he had just written 3 months earlier in August, 1939, a substitute, and a poor one when compared to the "real McCoy". You may ask how I know that; it is simple. I know it by studying what and how Mr. Gann has advertis ed in the past; by the previous relationship between how he advertised other past material and th e style that he used to do so, I found that he would make something in an ad vertisement sound scientific, mystical, Intriguing, or tied religiously to the Bible or some worthwhile quotation; then he would mention some phrase or sentence in the ad and tell you what the value would be to you in certain terms, this phrase or sentence would be in the piece that he advertised, this would then tie them together and whe n you or dered the boo k or course y ou wou ld see the relationship. By studying the past (his materials), then I can see h im do the s ame th ing in the future and now. In other words w hat he did in the pas t, he wil l likely do t he s ame w ay in the futur e. He is a creat ure of ha bit Ju st l ike you and I and the patt erns of th e ma rket and the seasons. The purpose of my bringing all this to your attention is th at I wa nt yo u to see that it is the little everyday things that we do everyday that is so important in the long run. By studying pa tt er ns we learn about a ll kinds of things. Pa tterns in the mar ket whe n learned will give us truths that wi ll allow us to profit; patterns in our minds will give us truths to live by that will set us free (the proper mindset); the patterns in Mr. Gann's past advertising habits will give us ironclad conclusive hard evidence out of his own mouth that I have been giving you his master time factor. He protects it so well by hiding it out in the open (just like the ancients) and never really identifying it, but then his advertising habits allow us to SEE it clearly. HERE COMES MY FINAL EVIDENCE. I WANT YOU TO KNOW WITH CONFIDENCE THAT YOU KNOW HAVE MR. GANN»S MASTER TIME FACTOR.
In my Appendix I you will find
a complete copy of the
lesson that Mr. Gann had written 3 or 4 months befor
August 1939 e the
publ ic at ion of this brochure. A t the bottom of page 15 in t he
broch ure he de scribe s th e less on s that will be in cluded in the four-lesson course which he is calling his complete course here (at other times in past advertising pieces h e has called the different courses by slightly different names) . At any rate when he describes Lesson III he call s it Time Elements and Time t
Rules lesson.11He doesn’ call it by the name "Forecasting By Time Cycles that you see on the Title page under his letterhead in my appendix I. But the key to knowing that this is the lesson that he is talking about comes in the n ext sentence after Time Elements and Time Rules. He says, "There is a definite relation between price and time. -" Then under appendix I, lesson entitled "Forecasting By Time Cycles", the fourth paragraph down on the title page starts with the sentence "There is a definite relation between TIME and PRICE." Mr. Gann always did this- he would take one or more words or sentences directly out of the thing he was goi ng to sell and he wou ld u se i t or refe r to it when he advertised it. Now I know that you think that this is a trifling 55
thing and that I am pulling at straws but you need to just bear with me because the fact that he has this habit of doing this is going to show you for yourself without any doubt that
you NOW
HAVE THE MASTER TIME FACTOR. You see going back Course to the Description that we are considering; it is necessary to identify which course that Mr. Gann was talking about in his brochure bec au se he had so ma ny an d differ en t on es at dif fe re nt ti me s. It's like I changed certain parts of
my story in this booklet and
sent some of you different versions. To show you that the 1939 lesson on forecasting By Time Cycles 11 is the one again that he is describing, look back at that same paragraph "There is a definite relation between Time and Price. -Then next sentence"In the previous Lessons you have learned about Formations and Resistance Levels-M-Now look back to page 15 in the brochure and you see the Lesson I and Lesson II matching the description and order of this described course. This is all
in the Stock
Mark et Course today. N ow on page 16 he calls this sam e course described on page 15 as his Course No. 2 Complete Course of Instructions-consisting of Four Lessons -the ones we have Just des crib ed except for the Volume Less on which wasn't impor tant to my discussion. Now in this course No. 2 , look at the p rice, he says it is more complete than ones he has sold for $5000 in the past, and he says that it is worth $5000, but now in 1939-40 times are hard; so hard (he
doesn't say this-that’s my
observation) t hat he is going to reduce it to $1000. No menti on of the m aster time factor. If
this course is better than
what he sold in past years for $5000, then I'm glad I didn't get it, bec ause I h ave it n ow, you do too, if you have the Stock Market Course, and I could not trade off it well enough to make any money without knowledge of the master time factor. On page 16, look at Course No. 1, that's the starter set for young people it is Lesson 1 and 2 only and it costs half the price of Cour se No. 2 b eca use it is half the course. In case you are wondering what the initials mean in the description of Lesson 1 under Course No. 1, it means break-a-way poi nt s. Al so no ti ce th e difference in the description i n this Les son 1 i n Cour se No.
1 a nd the descr ipti on in L esson 1 in Course No. 2-; but, they are the same lesson in both cases, just advertised in different words to appeal to different pocketbooks and tastes. Page 16-bottom of page- No. 3 Master Forecasting MethodN O W W E COME TO THE "REAL McCOY", T HE COURSE NO. 3, THE MASTER FORECASTING METHOD, THE ONE WITH THE BEST DESCRIPTION OF THE MASTER TIME FACTOR THAT YOU WILL EVER SEE IN MR. Gann
’
s OWN HANDWRITING. BUT MY
BACKGROUND INFORMA TION THAT I HAVE BEEN IN
W
MY STORY-A SEARCH FOR W.D. Gann
’
GIVING YOU
s MASTER TIME
FACTOR" IS THE THING THAT ALLOWS YOU TO KNOW WHAT IT WAS AND HOW TO U SE IT, BECAU SE M R. G ANN ST ILL D ID NOT WRITE IT OUT AND SAY "HERE IS THE MASTER TIME FACTOR", EVEN WHEN YOU PURCHASED THE COURSE. BECAUSE, LIKE THE ANCIENTS AND ADEPTS, HE DIDN'T KNOW IF THE PEOPLE HE SOLD IT TO W
OULD ALLOW
OTHERS TO COPY IT, OR RENT IT, OR GIVE IT AWAY TO FRIENDS, JUST TO BRAG THAT
THEY HAD THE MASTER TIME
FACTOR. IF YOU WILL, IT WAS HIS METHOD OF
"COPY-
PROTECTING" AS IS DONE TODAY WITH COMPUTER SOFTWARE. I REALIZED THAT WHE N I SOLD THIS BROCHURE TODAY THAT I WAS VIOLATING THIS 56
PRINCIPLE, BUT I FELT THAT THE GOOD OF SHOWING THIS INFORMATION TO A SELECT FEW SERIOUS STUDENTS THAT HAD WORKED HARD TO UNDERSTAND MR. GAHN'S TRADING PHILOSOPHY VERSUS ITS POSSIBLE (PROBABLE) ABU SES WOULD MA KE IT WORTHWH ILE TO DO SO. HIS COMPLETE METHOD WHEN PROPERLY UNDERSTOOD BY USING THE MASTERTIME FACTOR AS THE FOU NDATION AND THE RE ST OF HIS TECHNIQUES AND RULES AS THE BODY OF HIS TRADING SYSTEM IS TOO VALUABLE TO BE ALLOWED TO GO TO WASTE BY LACK OF UNDERSTANDING AND IT IS TOO VALUABLE TO HAVE PEOPLE "TURNED OFF" BY ALL OF THE COUNTERFEIT ANALYSIS OF HIS WORK THAT IS ALL TOO PREVALENT TODAY. BY MY SMALL, NOT WIDELY DISSEMINATED PUBLICATION I HOPED TO ACCOMPLISH BOTH OF THE ABOVE OBJECTIVES AT THE SAME TIME. FURTHER, I TRIED TO PUBLISH THIS VERY VALUABLE INFORMATION AT A PRICE THAT EVERYMAN (includes everywoman) COULD AFFORD, SO THAT NO PERSON WHO DESERVED THIS INFORMATION WOULD BE LEFT OUT. THERE IS NO ’ REASON FOR YOU TO EVER PAY ANYONE ELSE AGAIN FOR MR. s Gann
MASTER TIME FACTOR. I HAVE GIVEN IT TO YOU. YES, GIVEN. I DID NOT CHARGE YOU FORMR. GANN'S MASTERTIME FACTOR,THAT WASHIS DISCOVERY. I COULD NOT CHARGE YOU FOR ANOTHER MAN'S WORK. I CHARGED YOU FOR YOUR TIME. THE MOST VALUABLE COMMODITY THAT YOU HAVE. I CHARGED YOU FOR THE TIME THAT YOU WOULD HAVE HAD TO SPEND OUT OF YOUR LIFE TO ACQUIRE THE INSIGHT AND KNOWLEDGE I HAVE GIVEN YOU IN THIS BOOKLET ABOUT MR. ’Gan sn MASTER TIME FACTOR. AND- I TRIED TO PAY YOU- PAY YOU FOR ALL THE HOURS THAT YOU HAD SPENT ON HIS WORK, TRYING TO FERRET OUT THE GRAINS OF GOLD FROM THE DROSS OF MATERIAL AVAILABLE. FINALLY, I DID NOT BELIEVE THA T MR. GANN WOULD HAVE WANTED HIS MATERIAL TO BE HARMFUL TO SINCERE STUDENTS, SO I TRIED TO PAY YOU ON HIS BEHALF, SINCE HE COULD NO LONGER DO IT FOR HIMSELF. TIME-WILL TELL WHETHER I HAVE BEEN ABLE TO ACCOMPLISH THIS OR NOT. Page 16-bottom of page- under "No. 3Master Forecasting Method11-he says,"This Method contains all the of form Rules, Resistance Level and Volume of Sales. -"---------------This is the same identical three lessons that is in Course No.2 and the same identical lessons (except for Volume of Sales) that is in Course NO. 1. BUT IT HAS A DIFFERENT LESSON ON TIME. IT IS NOT THE
SAME LESSON THAT IS COURSE NO. 1. COURSE NO. 1 HAS THE LESSON ENTITLED "FORECASTING BY TIME CYCLES" AND WRITTEN AUGUST 3, 1939- IT IS IN MY APPENDIX I. COURSE NO. 3, THE ONE WITH THE MASTER TIME FACTOR IN IT IS DIFFERENT IN REGARDS TO THE LESSON ON TIME IN IT; IT HAS THE TIME LESSON ENTITLED SIMPLY, "FORECASTING" AND WAS WRITTEN IN NOVEMBER 1935. IT IS THE ONE THAT WE HAVE ALREADY BEEN TALKING ABOUT AND IT IS IN MY APPENDIX IV. READ AND COMPARE HOW THEY ARE DIFFERENT. SEE WHAT HE LEFT OUT OF THE LATER ONE AND TRY TO DECIDE FOR YOURSELF WHAT HIS REASONS WERE FOR CHANGING CERTAIN PARTS, SECTIONS, AND WORDS. Look at the same sentence in the brochure on page 16, in the paragraph that we are discussing. He says, "and my secret discovery of the Master Time Factor and a new way of Forecasting by Mathematical Rules that are simple and practical."
HERE WE
HAVE THE CONCLUSIVE PROOF OF WHAT I HAVE BEEN TELLING YOU. Go to you lesson called simply "FORECASTING", the one I have been calling the master time factor lesson, the one in my Appendix IV; look at page F-9, the first sentence under the heading, 1929 FORECAST; it says, "According to my discovery of the 60 year 57
cycle--"-----See the use of his lan guage! Even now af ter, you would have ordered his No. 3 Course, he does not come out and say th is is my mas ter time fac tor; but by studyin g his adver ti sin g hab its in the pas t, we kno w that thi s thi ng th at he ca lls in the advertising brochure "my secret dis cove ry of the Mas ter Tim e Factor" and the words that he uses in the lesson itself on page F-9, "my discovery" tells us that he is now talking about the master time factor. You see he left out the word "secret" in the act ua l mat eri al, be cause if someone pirated it, they might understand it; but in the sales brochure he was advertising to get your business, and therefore, he called it what it really was-"his SECRET DISCOVERY OF THE MASTER TIME FACTOR. That, dear readers, is your much sought after, much talked about master time factor. You are one of only a few that now know what it is. Don ’ t you think that it would be a good idea to keep it that way? AT LEAST UNTIL YOU HAVE HAD AN OPPORTUNTITY TO GO BACK AND APPLY HIS OTHER RULES WITH NEW UNDERSTANDING TO YOUR OWN TRADING SITUATION. IT WILL TAKE TIME AND WORK ON YOUR PART FOR YOU TO LE ARN JUST HOW VALUABLE THIS INFORMATION IS. YOU MAY NOT IMMEDIATEL Y SE E IT S VALUE, BUT IT IS THERE, IT’S JUST THAT YOU M AY NEE D TO CHAN GE YO UR SELF (MINDSE T) SOMEWHAT. I HAVE BEEN TRYING TO HELP YOU THERE TOO.
Page 16-bottom of page- same sentence that we have been analyzing—, to continue, -"and a new way of Forecasting by Mathematical Rules that are simple and practical."—That new way of forecasting is reflected under the heading, RULES FOR FUTURE CYCLES, on page F-3 in the mast er ti me fact or lesso n, but th e part that he called the "Mathematical" part of the forecasting, that is based on pages F-6 and F-7 under the headi ng Bull a nd Calendar Years on page F-6. He says that part (the mathematical pa rt ) is si mple an d pr ac ti ca l. An d counting 1 through 10 once, then twice is the simplest mat h tha t y ou can com e u p wi th. He tells you in the second paragraph under the heading Bull and Bear C alendar Years,
that "Al l you have to lear n is to count the digi ts on your fi ng er s in or de r to asce rt ai n wh at ki nd of a ye ar the market is in". NOW, THAT'S WHAT I WOULD CALL SIMPLE AND PRACTICAL MATH. WOULDN'T YOU? Page 17-Top of Page-under the heading "MATHEMATICAL RULES OR REASONS:"-The first sentence reads, "It is possible to g
et
as many as nine confirmations or reasons why a stock should be bottom or top at a certain time and the greater number of confirma tions the
surer the chances
of making profits."—This
sentence relates to information that he gave in Lesson 2 of the 4 Lessons included in the No. 3 Course (the o master time factor in it). This Lesson 2
ne with the was entitled
"RESISTANCE LEVELS" and is not included in my a p p e n d i c e s . I t i s i n t h e present day W.D. GANN STOCK MARKET COURSE AND IS PAGES 293 TH RO UGH 31 1- Th e ni ne confirmat ions h e is talkin g about begin on page 309, unde r the heading "NINE PROOFS OF RESIST ANCE" and co nt in u es to ha lf way of page 309- (If you have an older you may find that the page #s a Pag e 17 -2nd par a . -I n th e la st says, 58
course than my c opy,
re not the same). sent ence of t his p ara gra ph he
"This course gives mathematical proof of how I
forecast the 1929
Bull Market and the Panic which followed to 1932.
"- -
Again, from
’
Mr. Gann s advertising habits, we find another proof that I have given you the master time factor. Look on page F-9 of the master time factor lesson under the heading-"1929 FORECAST"-read both paragraphs; also, in the last sentence of the 2nd paragraph under that heading, he says, "There is no
other way, outside of using
the 20 and 60-year cycle that we could have forecast this great bull campaign and its culmination so closely in 1929."—THERE YOU HAVE AGAIN, IN MR. GANN'S OWN WORDS, PROOF, that I have given you Mr. Gann’ s master time factor in my booklet, "My Story-A Search For W.D. Gann ’s Master Time Factor". If I had had any doubts that his master time factor could have been anything else, I would never have charged you for your time. But I have gone int o so much det ail, BECAU SE, I wa nted you to SEE IT clearly, because this is going to be the base (foundation) of your futu re u se o f Mr. Gann ’s trading system. Again, I will summarize for those of you who want to co
mpile
t h i s No. 3 Course-MASTER FORECASTING METHOD- as advertised on pages 16 and 17 of the brochure. The Course consisted of Lesson 1- “ FORM READING and RULES FOR DETERMINING TREND OF STOCKS”(today, you wi ll fi nd th at le ss on in th e St oc k Co ur se on p a g e s 3 1 t h r o u g h 55); Lesson 2- " RESISTANCE LEVELS" (today, you wil l find th at lesson in through 311);
the Stock
Course on pag es 293
Lesson 3-"FORECASTING" (it contains the master
time facto r and is no t presen tly i n any of Mr. Gann
’
s published
books or courses, but it i s g i ve n t o yo u i n i t ' s en t i r et y i n m y Appe ndix IV, a nd I hav e been re ferri ng to it as the m aster time fac tor less on) ; Le sson 4- "VO LUM E OF SAL ES" (tod ay, you will find this lesson in the Stock Course on pages 128 through 144). THE ABOVE GIVES YOU THE ENTIRE COURSE NO. 3 AS ADVERTISED BY MR.GANN IN 1939- HE CHARGED2 AND ONE-HALF TIMES MORE FOR THISCOURSE THAN HECHARGED FOR WHAT HE CALLED HIS COMPLETE COURSE (COURSE NO. 1). THIS WAS IN 1939 DOLLARS AND IT IS THE MO ST VALUABLE F OALL HISCOURSES BECAU SE IT GIVES
YOU THE MASTER TIME FACTOR. HE DID NOT TELL YOU WHAT YOU NEEDED TO KNOW TO USE THIS MASTER TIME FACTOR, NOR DID HE TELL YOU WHAT IT WAS THAT HIS MASTER TIME FACTOR WAS BASED ON; BUT I HAVE TOLD YOU THE ANSWERS TO BOTH OF THE THINGS HE DIDN'T TELL YOU; AND , I HAVE ONLY CHARGED YOU FOR YOUR TIM E, ' BECAUSE WHAT I REALLYWANTE D YOUTOSEEWASN T THE MASTER TIME
FACTOR,BUT MY CREED.
Now you have been given the best proof that I am able to give you, that, you do, in fact, have in your possession, the master time factor. The best proof that you can give yourself is to go back and begin reading and studying all the Gann rules with the "new light" that you now have. If you will learn and acquire knowledge before you trade you will be successful. There are 3 more pages of this brochure that we have been analyzing. I have given you my best evidence already, but ther e is more useful information in
the last 3 pages too,
so
we wi ll cover them t oo and we will h ave the ad ded benefit of acquiring a habit of fi nishing what we st art. 59
Page 17-the part under the heading, "WHY YOU CAN MAKE MORE PROFITS TRADING IN COMMODITIES THAN STOCKS"— the first pa ra gr ap h, he say s, "In tr adi ng acc or din g to my Me ch an ic al Me th od & Trend Indicator or according to my 1936 New Master Forecasting Methods on Cotton, Grains, Rubber and other commodities there are many advantages over trading in stocks"-. Then he lists the advantages. This paragraph allows
me the opportunity to
address th e
situati on that I had whe n I adver tised my brochure . I lost most of my orders because commodity traders did not want to know anything about the stock market. They had the same mindset regarding the stock market that I, myself, had and the describing to you in my story. They what I was offering (even tho itself),
one which I ha ve been refused to see
the va lue in
ugh I used the master ti
me fact or
because it was not wha t they w anted t o hear or it was not
what they t hought they wanted to hea r; they wante d s ome thin g t hat would tell them all
the tops and bottoms
in the comm odity m arket
that th ey want ed to tra de. I ha d many p eople re spo nd to my advertisement by saying, "I only trade beans-I don
’
t trade stocks,
your brochu re didn 't men tion b eans, it only men tion ed sto cks; if it doesn ’ t cover beans, then I am not interested in it". I us ed to feel that same way mysel f. I was a bean trad er. I didn't want to know anythi ng a bout stock s. I rejec ted t he sto ck mar ket a s bein g valueless to me. That mistake in my m indset is w hat cost me so dearly in time an d money. You see, I didn't seem
to care whether
I
could make PROFITS, BUT, I JUST SEEMED TO CARE THAT I COULD TRADE BEANS! My mindset confused tra ding a parti cular m arket with tradin g for pr ofits . I co uldn't tell th ese peop le that wanted the ma ste r ti me f act or t o be a bo ut bea ns (or gol d, whe at, catt le, b e l l i e s , e t c . ) t h a t i t w o u l d b e that way. THE TRUTH IS WHERE WE FIND IT; NOT WHERE WE WANT IT TO BE . (F or tu na te ly , for us th e tru th is everywhere, but most easi ly found in th at which we reject as having no value; once we find it in the refuse, then we can go back and find it in the places where we. once searched so vainly.) There are a coupl e of goo d reasons that
I could not address
the bean market
(and other commodities). One PRIMARY reason is that I did not hav e the adequate data in the form
of prices back
to 1901 (or
further). Without the data, I could not tell you how the master time factor would work with the different types of commodities. I knew tha t beans did not always follow stock
prices. I had the d
ata In the
stock mar ket in th e form of th e Dow-Jone s Averag es that I c ould carry back to 1901, AND I HAD MR. GANN'S STOCK MARKET LESSON ON THE MASTER TIME FACTOR.
(Actually, I had it for a long time, I was just
unable to be aware of it because I INSI STED ON SEARCHING FO R IT IN MY BEAN MARKET.) N ow that I have the stock ma rket mas ter t ime factor and the data accumulated, AND THE VEHICLE (stock ind ices futures and opti ons) TO TR ADE IT, w hy do I need to in si st th at I ha ve to trade something else that I don't simply like to trade (
have the data on, but just
out of habit). Of course, if you ar
e makin g
p ro f i t s c o n s i s t e n t l y i n w h a t e v e r y o u a r e t r a d i n g , t h e n y o u sho uld hol d fa st to t hat whi ch i s a lre ady work ing. If you are a hedg er, a nd y ou w ant to u se th e ma ster time fact or in yo ur par tic ul ar commodity, y ou will have to de or get someone to do it for you. I 60
velop your ow n data ba ck in ti me am
in the process right now of acquiring data back in time to i860 on several different commodities. Untilthat time I will not try to utilize the master time factor withother trading vehicles, because I have seen that each has its own variations. I only need one vehicle to specialize in and if I am a speculator, I already have it, as I said above. Mr. Gann says in that paragraph on page 17 that his master forecasting methods work on all commodities as well as his method works on stocks. But, I can't prove that at this point, simply because I don’t have the ne cessary da ta. But I canand ( will) get it. You can too. We just have to do som e work and search ing. Do you understandwhat I'm saying? Inthe meantime, while we are acquiring the data in these other commodities that we want to trade, we can study and learn to use what we have already. My creed tells you that if you want something, FIRST USE WHAT YOU ALREADY HAVE AT HAND, and then the other things that you need, will come. Besides, Mr. Gann did not have the stock indices to trade as we now have. It is my opinion that he would have told you to trade the stock indices if he had had them, because his master time factor apparently works better with the Stock Averages than with anything else. Therefore, until we can acquire data, and do better, every one of these comments about trading commodities that he mentions on pages 17 and 18 apply equally well (perhaps MORE APTLY) to the stock indices and options that we can trade today. WE HAVE A WONDERFUL OPPORTUNITY HERE-THINK ABOUT THE POSSIBILITIES! I tell you-FOR THE GANN TRADER, THE STOCK INDEX MARKET CAN BECOME "KING" FO RA LONG TIME TO COME. Page 18-under heading, "FORECASTING METHOD ON 11 COTTON OR GRAIN -right under that he says,” Contains Master Time Factor". —
Now, there are many more things that I have not been able to tell you about Mr. Gann's work. My goal in this booklet was stated. I only wanted to show you the path where you can start. I hope I have done that. I have tried to show you that you can start in the stock market index or options. For those of you who Insist in only looking at beans and agricultural markets (if you are a hedger, this is understand able), I am goin g to show you a path that you can start on in your search for the master time factor in grains. On page 18, when he says that his Forecasting Method on Cotton or Grain Contains the Master Time Factor, we have another clue available to us. If you have the W.D. Gann Commodities Course, you will find the nearest version to what he is talking about in the Chapter #6, 11 entitled, "the basis of my forecasting method for . In cotton my coursestarts it on page 68nda goes through page 89» But the part that contains the master time factor that he is referring to starts on page 80 under the heading, "forecasting cotton by time cycles". Now, you will note there, that the 60-year cycle is the same old master time factor that we have in the stock
market, but if you have learned ANYTHING from my story and the Importance of OBSERVING, you may see some different possibilities for the importance of certain time factors within the master periods. Also, you know what the time cycles represent; therefore, I have given you the knowledge (sincere Gann student) where to begin in agricultural commodities. Just because the 20 year peri od is the most 61
important factor within the master time periods (and is therefore, also the same thing of which it is a part) of the STOCK MA RKET, it does not have to hold true to the same degree in the grain markets, there can be other factors within the grain markets that are more important than the 20 year period. If you don't understand this now you need to stud y my story more and Mr. Gann ’ s work then you will SEE. Naturally, you must first acquire good clean data far enough back and you must organize it into the proper form at to be useful to you. There are 19 pages in this small, overlooked, pretty-well unknown advertising brochure that we have been analyzing. On the 19th page, M r. G ann gives s om e pretty good advice, and the title of the broch ure, "LEARN BEFORE YOU LOSE OR WHY YOUHAVE LOST MONEY IN STOCKS AND HOW TO MAKE IT BACK" tells you the truth too. But, th e m ost ap pro pri at e w ay tha t I can thi nk to en d thi s c ha pte r i s by par aphrasi ng the last pa ragraph on Pag e 18, the one under the heading, "KNOWLEDGE IS POWER". Webster said: "The man who can
teach me something is the man I
want to know." You may think m y price is high, but stop to consider that you have the use of these M ethods during your entire lifetime and that the knowledge I have given you about Mr. Gann’s knowledge will be worth the money you paid me. You can easily lose in the market on one trade the price you paid me for my story, and the market leaves you with no valuable knowledge after your losses. LEARN TO SEE AND KNOWFOR YOURSELF WHATCOMMODITIES AND STOCKS WILL DO; THEN YOU WILL MAKE A SUCCESS. Well we are approaching dusk in my story. But before the sun goes down, while there is still light, I will
try to show you a path
that you can take which will lead you to more insight about Mr. Gann’s Master Time Factor. That is what "a seeker" is supposed to do; just find the path. I can tell you again that the best, most rewarding path leads to Appendix V. "THE SEEKE R'S CREED ". It’s the one just beyond the master time factor appendix. I told you
earlier that they probably go together!
62
CHAPTER 8 HERE IS A PATH.
YOU COULD TRY THIS ONE
Well-, I have come quite a
"way" from where I first stumbled into th
Gann jungle. It was such a big
wilderness with so many
I have tried most of the paths that I saw in there and I
e
dange rs. go t
"banged-up" and bruised pretty-badly on some of those paths. Fi
nally I
climbed a mountain by the name o f "Master Time Factor" an d it allowe d me to get high en ough to see the su rround ing t er ri to ry . I then saw
that I did
n't have
to go thro
ugh that
jun gle to fin d
what I was looking for. I had it already. Right with me. So do you. I didn't want yo I thought
u to have to go into t
that I would write
he jungle like I did. So
my story for you so th at i f yo u di d
insi st go ing i nto t he Ju ngl e, yo u wou ld at leas t be abl e to tra vel easier than I did. If I were looking for a proper course to take now that I "know" what Mr. Gann's master time factor is, I would study
the maps
(charts) in great detail. I would go back and check every one of forecasts so that I could see where he was right and where he w wrong. I would log those detail
s and see if his right ones
his as we re
more right at certain times and i f his wrong on es were more wr on g at certain times. I can tell you tha
t he was not always
was right mor e than anyone else
that I studied.
I were looking for a proper cour
se to take,
right. But
he
I wo uld real ize, if
that no for ecasting
too l is alw ays corr ect and I wo uld nev er expect more from any market tool than it could deliver. What has happened in the past seems to hap pen in t he fut ure to a c ert ain extent, but hardly ever to the sam e extent. We CAN NEVER BE TOO SURE THAT SOME EVENT IN THE MARKET WILL OR WILL NOT OCCUR.MUST WE NOT ALLOW AN ABSOLUTE MINDSET TO TAKE CONTROL OF OUR PRUDENCE. Mr. Gann sometimes made this very common human mistake. If you have his book "45 Years In Wall Street
11
, th er e is a su b- book inside of it by the name "NEW STOCK
TREND DETECTOR", if you turn to page 26 in that sub- book you will find the head ing, "W ILL STOCKS GO BACK TO 1929 HIGHS?". Mr. Gann
gave the answer, "I am co nf ide nt tha t the Dow -J on es 30 In dus tr ial Ave rag es w ill NEV ER sell at 386 ag ain". Mr. Gan n shoul d hav e known be tter th an to make a statemen
t like that. He made t
his
statement in the latter part of 1935, but he included the material in a boo k tha t he publishe d in the summer of 194
9, so he still believe
d
it then. Remember, he would rarely, if ever, publish something that he thought might not prove true in a book, because it was then "set in stone" so to speak and he had a remarkable record of correct forecasts and it does not look good for a forecaster to have bad forecasts lying around in books where anyone can see them. So, I b e l i e v e , t h a t e v e n i n 1 9 4 9 h e s t i l l b e l i e v e d h i s s t a t e m e n t t h a t he made on page 26. I will tell you why he believed it after we look at another forecast he made in the same book "45 YEARS IN WALL STREET", but by now when you see the forecast, you will know why he said what 63
he did, because, now you have the master tim that book, he says
, under the heading
e factor. On page 130 o
, "Future Tren
f
d of Stoc ks" ,
-"The Master Time cycle which I have used to forecast every important boom and depression or panic for more than 30 years, will in my opinion accurately forecast the next panic. in the summer of 1949. He goes on
"
-He is writing this
to say, on page 131, "
My cycle
theory in dicates th at the bus iness boo m follow ing th e w ar ende d i n 1948 and that the trend is
now down." In the
next par agraph h e
says, "My study of time cycles Indicates that the business depre ssion will g et wors e in th e last half o f 1950 and in 19 51 an d 1952 we will run into real panicky and depressing conditions which the gov ernment will be unable to cope w ith." Fina lly, on page 132, und er the hea ding , " Prev iew of 1951 to 1953", he says, "1951 and 1952 indi cate very depr essin g yea rs fo r bus ines s a nd a be ar mark et in stocks . Many stocks will g o much lowe r tha n peo ple e ver d reame d they could go.
11
You see, of course, that he was looking for the top to come in 1948, or 1949, just as in the pas
t, and then the sharp bear
market from 50, 51> 52. Look again on page 129 of the same book. He says, "The depression and panic will come before the New Deal (Roos evel t Adm inis trati on ca rried on by Trum an) g oes o ut of office in 1953.NOTHING CAN PREVENT IT.ANIC P ANDDEPRESSION HA VE ALWAYS FOLLOWED WAR.W See he is forecasting by his master time fa cto r. Bu t loo k at my c hart s. This time h e was wr ong. O r was i t t ha t th e mas te r time fa ctor wa s wrong ? It’s th e same t hing, beca use all of his forecasts are based on the master time factor. But often it is
a very
valua ble tool for foreca sting. Look at how it has been working for the 1941-1944 , 1961-1964, 198 l-19current periods. D o you beg in to s ee how it c an be usefu l to you? It’s not perfe ct. I wa nt you to s ee t hat here in my booklet. I don
’
t w an t you to find that out in t he market.
You mu st have l earn ed fro m my story that you must exercis e prudence. O.K., then where is the path? First, you go back to studying his method. You review with whatever materials that you have on hand or that you want to acquire. In particular, you look at every forecast,
right and wrong, and you look at my monthly happened and didn
’
t happen. You
charts and see what
now look at his
rules agai n and
understa nd what he mea nt by double, t riple, bott oms and to ps, etc . We haven ’ t gotten into studying pr
ice cycles in this
booklet, because
I
couldn't cover all those things. But you can apply the same studies to pri ce that w e have to t ime. D on't wo rry abou t th e an gles. They are not the same as
they were when Mr.
Gann crea ted his rule s (by
empiri cism). A ll they we re and a re is the divis ion of circle s of different time periods a nd different price cycles and t he relat ions hip of th e t wo to gethe r. As I tol d you, old astrologers utili zed ANG LES as ASP ECTS, which is the division of the circles. YOU CAN USE ANGLES TODAY, BUT YOU MUST CREATE THEM THE SAME WAY THAT MR. GANN DID, BY EMPIRICISM. But you are free to do that, now, because you have the master time factor and they were created to re fl ec t mo ve me nt s at th e ti me of the 1901-1920, 1921-1940, cycles. You have the FREEDOM, now to expe rime nt with all thes e t hing s, now tha t you "kn ow" why he had them a nd wha t h e wa s l ooki ng at. Squaring price and time of
64
course was the same as using the angles, that is what we are talking about, the relationship that occurred when the angles squared out. Now you will be able to go back and really study these relationships and see what they were telling him. YOU MUST OBSERVE. Pay attention to all the p
atterns within a cycle and
over all the cycles. For instance, you ha ve seen where Mr. Gann would be talking about a cycle and he would say that one time period put a base or foundation on a cy cle and that other time perio ds would make up the walls and that another would make up the ceiling or top of a cycle. Just like in a building, he would say. LOOK AT MY CHARTS. LAY THEM OUT 1,2,3- FROM BOTTOM TO TOP (SHEETS). LOOK AT THE CYCLE FROM 1901-1920 IN YELLOW ON SHEET 1. THEN LOOK AT THE SHEETS 3 AND PART OF TWO. ALSO IN YELLOW FROM 1961-1980. NOW WALK AROUND THE SHEETS LAID OUT 1,2,3- AND LOOK AT THEM FROM THE TOP TO BOTTOM DOWN. Do you notice the similarities between the top one and the bottom one (in the swin gs- igno re price, we ar en't talki ng about price; we are talki ng about bottom cycles and top cycles and walls in between them). These are the types of things
that you must
observe.
Check each zone in the 5th year of the 20-year cycle. What happened to the price swings, generally, in the 5th year? Would you want to approach that 5th
year market from the short side?
How would you write your rules to trade that 5th year? What could you have worked out in the 4th year and said , "I will start out on January 1st, and
I will look for ....; then if
hap pen s.. . or new.... takes pl
ace.... etc. I w
that
ill put my stop;
..."
You must do these things for yourself. YOU HAVE LOTS OF WORK TO DO, BUT THERE ARE REWARDING PROFITS WAITING. You must look at monthly chart as THE MAIN TREND, but you will have to use the weekly charts to see what is Insi de of the mon thly cha rts; then you can catc h y our entries, pyramids, and exits from the daily o r semi-daily charts- BUT ONLY IN CONJUNCTION WITH THE ABOVE TWO MOST IMPORTANT CHARTS. You understand WHAT THE MAIN TREND IS NOW, don ’ t you?
It appears that there may have been a "shift" in the cycles
during the period of 1948-on. Mr. Gann, you will recall, forecasted panics and depressions that did not come. Instead new all-time highs took place. With the proper rules (which you can devise for yourself) you can still utilize the master time factor (and others that you can study and learn) to these. But one question that occurs to me is w
trade times like hether, the time
cycles may have begun to perform differently after 1940. I think that there is some basis for suspecting that they have changed somewhat. I won't get in to that here but it may have something to do with the "natural man age" that I talked abou t ear lier . I have lot s of Intere sting resea rch that I want to do no w and I a m sure that you will have lots that you want
to
do . The most important thing for you to
do is to develop your own
trading rules based on what you WILL BEGIN to see as you go back and study Mr. Gann ’s trading method with the new insight that you have about time. H is rule s are all useful . Some will be mo re useful to you than others. But, YOU NEED TO CREATE YOUR RULESFOR YOURSELF, OUR Y OWN SIT UATION. Mak e sure you understand what it is 65
that you want to do.
I do not want telephone calls, because they interfere with things that I try to do each day and one phone call sometimes throws my whole day off schedule. But if you want to write me a short statement about yourself, your situation, capital that you are using, time that you have for the market, an have for study, your objectives in the have h ad or are having, what
d time that you
market, problems you
rules you are using
or trying to
use; I will try to respond with whatever comments that I can. Of course, whatever you write will be confidential. I am willing to act as your "sounding b oard
11
, if you will. However,
you must have written out your own rules and tell me how you plan to use them and tell me enough about your situation that I can see wha t you are tryin g to do. I am n ot so liciti ng th is fr om yo u. Yo u under stand? J ust if it will help . And, again, I am cer tainl y not implying that I k now the answ ers. I am just offering to look at
what I can.
Well, there is the path. Looks rocky already, huh? I never said that it would be smooth. I just promised to show you a path that started with "The Master Time Factor". And I hav e kept my promise. The master time factor is probably not what you thought it would be. It wasn't
what I used to think
it would be. But
th at' s th e way it is. There must have been some reason for you searching for it. T here was a re ason for m e sea rchi ng f or i t. I fo un d th e reason. It was so that I could find MY TREASURE at the end of one of th e de ad-en d p aths that I too k whe n I was lo oki ng for th e master time factor. My treasure is called "THE SEEKER'S CREED". I will shar e my tr easu re with you if y ou want me too.
66
CHAPTER 9
W
THE
SEEKER'S CREED11 I have been telling you throughout my whole story that the most ’
valuable thing that I found in my search for Mr. Gann Time Factor was my old discarded
s Master
set of beliefs that I had
dropped by the wayside in my search for exotic treasures of the market place. It is true. If I never make any money in
the market or if I never
trade the market again, itis not important. WHAT IS IMPORTANT is that I have found something that allows me to conduct my life in the proper manner. I plan to trade the markets. I KNOW that I will make profits using Mr. Gann's method based on the maste r time factor. (I already have, but if
I don ’ t I will STOP
trading until I find out what is wrong.) BUT THE MARKET IS OF INCONSEQUENTIAL IMPORTANCE; MY LIFE AND MY FAMILY AND MY NEIGHBORS AND MY COUNTRY AND YOUR LIFE AND YOUR FAMILY AND YOUR NEIGHBORS AND YOUR COUNTRY ARE THE IMPORTANT THINGS FOR US TO PRESERVE AND PROTECT, FOR THERE IS WHERE THE REAL LONG LASTING TREASURE LIES. "The Seeker's Creed" is a guide to the natural l universe. It require
aws of the
s thinking and acting on what you see in the
guide. It allows you the distilled knowledge of all the past throughout the history of the human race. It gives you the WISDOM to protect and preserve those important things mentioned above. It is broken down into ten parts, just like my story, and just
like Mr. Gann's counting of the decades
in his master time cycles. The first question in this booklet asked, Where Can WISDOM be found? The last answer in this booklet tells you where you can find WISDOM. WISDOM is found in "The Seeker's Creed". As always WISDOM is found in the circle. You can even find information about how to trade the
market
in the Seeker's Creed. Look under tion Sec IX.LAW OFTIME, CYCLES, RHYTHMS, SEASONS. But be sure to read the other nine sections.
Don ’ t just read them, put them into practice. In your bu sines s, in your health , in your fami ly affair s, an d yes in the market , you will find that the practice and pro
per use of
this Seeker ’ s Creed will do wonders for you. The concepts given in the Seeker's
Creed were nuggets of gold
found in all my seeking throughout all the strange places I had looked in during my lifetime. None of them are mine. I ju
st
’
picked them up. That s the way it is with REAL TREASURE. Its just there for the having. It’s not stealing when you pick it u
p.
It’s yours. It was meant for you and me. As I said, none
of
these ideas were mine I gleaned them from great souls over the ages . But they don ’ t care if you and I use them. And I don
’
t
'
care if you use them. Make copies of "THE SEEKERS CREED" in Appendix V. and give them to all whom you think can benefit from knowing the natur al la ws an d pri nciple s tha t gov ern th e universe. 67
If the seeker's creed seems too long to you, just take out and use what you need. It was written to cover any and all situations that a seeker may encounter off in some wild forsaken no man es land. It was also written to allow the seeker to look at every side of the same "elephant", because the seeker has a bad habit of building blinders and mindsets that keep him from seeing clearly. If you want to know what is the most imp ortant piece of
information that I can tell you after my long years of se arc hi ng for the mys teri es of the mar kets a nd lif e, I WOULD HAVE TO SAY THAT THE SEEKER'S CREED CONTAINS ALL THE GREATEST MYSTERIES OF THEUNIVERSE COMPILED INTO ONE BOOKLET. THERE IS EVIDENCE THAT THESE MYSTERIES PERFORM
In the next and final cha ter I will do ust that. WONDERFUL FEATS BUT THEY HA VE TO BE LIVED RAT HER THAN J UST READ AND NO ONE KNOWS WHY THEY WORK!
68
CHAPTER 10 FOR ME - THE CLOSING OF A CIRCLE Now I'm at the sunset of my story day. Like any regular day, my time has passed all too quickly. That's the way it
is with
time. It will not stand still for us. We must go w
ith it. It
will not wait for us. There are many things that I wanted to tell y ou in my story day, but now the sun is goi
ng down and it
(time) will not wait for me to tell you. The working time is gone a nd ju st as in every da y, the things tha t we w anted to do may not all g et done. In looking back over my story the time seems to have been
so far
’
away when I first began my search for W.D. Gann s Master Time Factor. Yet, it seems only yesterday. mirror of life and reality, I see that time hair is beginning to gray and I can feel
But-when I look in the has been here. My that I had a wearisome
jo urn ey in my Ga nn tr ip . Bu t th at' s th e way it is with seeking. It takes time and it causes you a few knocks and br uis es (and gray hairs) . And that's the way
it is with time. With the master time
factor the scores of years just keep rolling along. But we seek ers, w e just have three scores and ten (at t he time) to do our seeking in before the sun sets. IF THE MASTER TIME FACTOR is inside of us (and my seeking has taught me that it is); then w e need t o be sure that wh at we spen d our time seeking is worth the time that we have to pay for it with. Because, the final currency that we must use to pay for everything, is th e time of ou r lives. The essence. Fortunately for me, I was able to find a great treasure-a REAL TREASURE- behind the secondary one, the one that I tho ught was the final answer to the markets. Now, I had to pay a GREAT PRICE for this REAL TREASURE, because of the way I went about looking for it. I could h ave used much less of my final currency if I had looked around my own yard before I went
off to the exotic, faraway places seeking mysterious treasures. The circle has come full now. One thing that I learned was that my creed really works. When I first advertised my brochure in late June of this year (1983), I knew what the master time facto r was; I had no t even the slight est do ubt, but I h ad no way to properly prov e it in Mr. Ga nn's own wo rds. No r was I convinced that I should write my story; but I felt a compulsion to do so;
almost like my compulsion to search for
the master time factor. So, I just went with the teaching of my creed, and said that I would start what I felt to be the right thing. I would use what I had at hand (the desire to tell other seekers my story) and if it were meant for me to finish the story, fine, if not I WOULD CLOSE THIS CIRCLE OF MY LIFE, ONE WAY OR THE OTHER. But, I still lacked the firm evidence that I needed to show without doubt that I had 69
found Mr. Gann’s Master Time Factor. On A ugust 7, 1983, after my advertisement was already out and I was
getting response, MY
" SUPPLY came in. It came in the form of "Learn Before You Lose-
which you have seen in my Appendix III, exactly as it came to me. I had never seen nor dreamed that
such a document existed
and I had searched all over for all of Mr. Gann's docume nts and papers. You have witnessed the actual working of "The Seeker's Creed" in action . I had start ed s omethi ng th at I felt great de si re to do (not knowing why, because I a m a very private seeker and did not nor do not want publicit y of any ki nd, n or did I want to reveal Mr. Gann's master time factor); then I used wh at I had a t han d, did the best I c ould and le t nature ( if you want to call it that) to do what it always does.
take its course. Nature's course was It gave me the supply once I
created the n eed. And IT did it in the most curious stran ge fashion (as always). The document came to me through a friend only 14 miles away, right in my yard, so to speak. This friend had lived right th er e for years and years, and I had met him at the first seminar I had attended in Florida. But we had never known one another (this is a rural area). Even then, after meeting him in Florida we never really got to know one another
well, until the
last few
month s ( as it became time for my story to be told). My friend kne w t hat I was writing my story, bu t he didn't k now that I didn’t have the thing that I needed to gi ve undisputed
evidence. One
ni gh t, August 6, 198 3, he told me in a casual ph one conve rsation that a friend had sent him a copy of an old Gann sales brochure and he wondered if I had se en it. Of course I had all of Mr. 6ann f s old ad pieces that I had been able to find and I assumed that I had that one too, - so did my friend. But he started reading the name of one of them to me and I had never heard of it. I went to his home the ve ry next mor ning and....now you have it in appendix III. Coincidence? Maybe? But I go t the su pply th at I so ba dly nee ded and this stor y would not have been told without it.
Stranger still is that my
friend in Dillon, S.C, 14 miles away had a friend in Mississipp i who had sent the brochure to him, and t hat fr ie nd turned out to be the same person that was the first
one to
order my booklet. Naturally, I felt obligated to send him
a
complimentary copy because, without him the story would not have been written either. What a strange curious circular story. I could not close this story without acknowledging that my friend who lives 14 miles away has been the greatest possible help in my story. I simply could not have completed this story without his help. He supplied my badlyneededCONCLUSIV E EVIDENCE.He didmy weekly charts for me in Appendix VII. He encouraged me to finish my story whether I published it or not. I had looked all over the country for someone to create some computer software for me that would allow me to do resear ch that I want to do after this story is completed. As usual, I learned that the BEST GANN AND MARKET COMPUTER EXPERT that I had found anywhere was right here in my back yard, only 14 m iles away. I al so l earne d t hat this friend that helped me so much was already practicing a creed similar to mine, even though he didn't even know I had a creed. I must thank him. Without his help there would not have be en th e te ll in g of
70
this story. He has the most valuable piece of computer software for researching the market that I have
seen anywhere.
I pre dict that some day in the not too distant future his soft
ware
and his company will be a household name for commodity and stock traders and researchers. Also, I want to thank Interstelle Communications, Tucson, Arizona for their idea for the cut of the man holding the lamp (he rmi t) and for their excelle
nt handling
of my
ad ve rt is em en t in Commodities magazine. I told you I was "lucky". I always seem to fin d the rig ht peo ple at the rig ht time. I could not conclude this story without mentioning to
you that I
also heard from "my friend" ; you know, the one who took the "SUBSTANTIAL" amount of money from me and gave me nothing in return. He called me for some "reason"; the first time I had heard from him since I had "given up" when the man at the bank said he had never heard of him. "My friend" said that he called me to let me know that he had been thinking about how he had done me and that he was sorry about the whole thing and that he didn ’t know why he had d one me that way. This call came on Sunday morning, the 14th day of August, 1983- "My friend" said that he was going to open a savings account and to ti me put money in there until he had
from time
it all "back to me". My
creed has taught me that you judge a tree by the fruit it" produces. I sure hope that savings account doesn't get in the wrong bank and gets mislabeled "children's hospital 11 . But my creed teaches me that I must forgive
"
my friend" because if I want
forgiveness for my er ro rs, the n I m us t f irs t for gi ve In order that I may be forgiven. Besides, harboring bad thoughts hampers one's attention from the real task at hand; -seeking. If you are goi ng to be a seeker you cannot allow distractions to color your vision. It must be clear so that you can observe all the little things. I have sent a
complimentary copy of My Story-A Search For W.D.
Gann’s Master Time Factor to “my friend" because I knew that he had searched long and hard for the master time factor (and would probably NEVER find it, if didn't give it to him); and because he, like you and I, and all "Seekers" you seek, you will find. If
have been promised that "If
you knock, the door will be
And I sent a copy to "my friend" because I told you I
opened". had first
GIVEN him the thing that I PAID HIM FOR, WHICH HE DID NOT HAVE, BUT WHICH I ALREADY 'HAD AND GAVE TO HIM, AND HE SOLD ME THAT WHICH HE DID NOT HAVE, BUT I GAVE HIM WHAT WE WERE BOTH LOOKING FOR. I GAVE HIM THE CREED IN THE BEGINNING OF THIS CIRCLE AND NOW AT THE ENDING OF THIS CIRCLE I GIVE HIM HIS LONG SOUGHT AFTER MASTER TIME FACTOR. BUT I WANT HIM TO KNOW THATI HAVELEARNEDTHAT THE FIRST WAS MORE VALU ABLE THAN THE LAST, AND THAT WITHOUT THE FIRST AS THE BEGINNING (BASE) THE LAST IS NO GOOD. And I gave him a copy of thi s booklet to demonstr ate again to
myself and
you and him an d any seek er
th at ma y re ad th is li tt le bo ok le t in th e future that my creed says, THAT IF YOU PAY THE PRICE THE THING IS YOURS, NATURAL LAW AS REVEALED IN MY CREED SAYS THAT WHEN YOU HAVE PAID THE PRICE AND KEPT YOUR BARGAIN (WITH LIFE), THAT YOU WILL NOT BE DEPRIVED OF WHAT YOU PAID FOR; NATURE (ifyou want to 71
call it that) WILL COMPENSATE YOU IF NO ONE ELSE DOES. JU ST LI VE BY YOUR CREED OF NATURA L LAWS AN D LET TH E REST TAKE CARE OF ITSELF. And finally, I gave a copy to "my friend" so that I could close this circle for me, for him, for you, and for Mr. Gann. Because, we are back to the beginning of a true story of a strange and curious search for a strange and curious secret of a strange and curious man who died almost 30 years ago. --Oh! -I am writing the preface again. WellGOOD SEEKING, "THE SEEKER" September 28, 1983
72
APPENDIX I "FORECASTING " BY TIME CYCLES
WRITTEN: August 3, 1939 BY: W.D. GANN BACKGROUND: THIS IS WORD FOR WORD THE FOURTH CHAPTER IN THE PRESENT W.D. GANN STOCK MARKET COURSE (pages 90-106). THIS COMPLETE COURSE CAN BE PURCHASED FROM LAMBERT-GANN PUBLISHING CO. INC., BOX 0, POMEROY, WASHINGTON 99347. IF YOU ARE GOING TO USE MR. GANN'S METHODS, THIS COURSE IS WORTH YOUR MONEY. AGAIN, I HAVE NO CONNECTION WHATSOEVER WITH THE PUBLISHER. I THANK LAMBERT-GANN PUBLISHING CO. FOR PERMISSION TO COPY THIS 1939 LESSON BY MR. GANN. I HAVE INCLUDED IT SO THAT YOU CAN COMPARE THIS LESSON WHICH MR. GANN APPARENTLY PUBLISHED IN ALL HIS REGULAR STOCK COURSES, TO THE LESSON HE PUBLISHED EARLIER (NOVEMBER 1935) WHICH CONTAINED THE MASTER TIME FACTOR AND WHICH HE APPARENTLY QUIT PUBLISHING EXCEPT IN THE COURSE ADVERTISED IN THE BROCHURE IN APPENDIX III. IT IS VERY IMPORTANT THAT YOU COMPARE WORD FOR WORD WHAT IS SAID AND NOT SAID IN THIS LESSON, DATED AUGUST 3, 1939, RELATIVE TO WHAT IS SAID AND NOT SAID IN THE EARLIER NOVEMBER, 1935 LESSON IN APPENDIX IV.
APPENDIX I
APPENDIX II
FRAGMENT OF 4 PAGES "METHOD
FOR FORECASTING THE STOCK
MARKET" WRITTEN: APPARENTLY IN WINTER OF 1921 BY: W.D. GANN BACKGROUND: THIS IS A FRAGMENT OF THE OLDEST UNPUBLISHED MATERIAL THAT I FOUND. I HAVE INCLUDED IT SO THAT YOU COULD SEE AGAIN HIS REFERENCE TO THE SAME TIME CYCLES (JUPITERSATURN) FROM THE EARLIEST TO THE LATEST DATES ON HIS UNPUBLISHED LETTERS AND LESSONS. ALWAYS IN DIFFERENT WORDS AT DIFFERENT TIMES IN HIS LIFE WE SEE THE SAME REFERENCES TO JUPITER AND SATURN AS THE CAUSE OF THE MAIN TIME CYCLES. AT THIS PARTICULAR TIME HE DID NOT MENTION THE 60 YEAR CYCLE BUT HE DID SAY AGAIN THAT THE 20 YEAR CYCLE WAS THE MOST IMPORTANT CYCLE OF ALL AND THE 60 YEAR CYCLE IS OF COURSE THE 3RD 20 YEAR CYCLE. ALSO: ONE PAGE OF A LETTER ENTITLED: SOYBEANS-PRICE RESISTANCE LEVELS WRITTEN: January 18, 1954 BY: W.D. GANN BACKGROUND: THIS IS ONE PAGE OF THIS LETTER WHICH EVERYONE SEEMS TO ' PUBLISH -WHEN THEY WRITE SOMETHING ABOUT MR. GANN S WORK. I
JUST INCLUDED THIS ONE PAGE SO THAT YOU COULD SEE FROM THIS LETTER; ONE DATED NEAR THE END OF HIS LIFE, THIS SAME THEME (JUPITER AND SATURN ASPECTS). HE PLAINLY STATES THAT THESE
RELATIONSHIPS IN TIME CAUSES THE SOYBEAN MARKET TO CHANGE TREND. IN THIS PARTICULAR LETTER HE DIDNOT MENTION THE 20-YEAR CYCLE NOR THE 30-YEAR CYCLE NOR THE 60-YEAR CYCLE, BUT HE WAS SAYING THE SAME THING.
APPENDIX II
APPENDIX III "LEARN BEFORE YOU LOSE OR WHY YOU HAVE LOST MONEY IN STOCKS AND HOW TO MAKE IT BACK." WRITTEN:
APPARENTLY IN LA TE 19 39 OR
EARLY 1940 BY: W.D. GANN BACKGROUND: THIS WAS AN ADVERTISING BROCHURE THAT MR. GANN MAILED OUT TO PROSPECTIVE PURCHASERS OF HIS COURSES. I HAVE LEARNED A GREAT DEAL ABOUT HOW MR. GANN THOUGHT AND THE EXPRESSION OF HIS LANGUAGE IN THE DIFFERENT ADVERTISING PIECES HE USED. HIS VARIOUS DESCRIPTIONS OF
HIS COURSES
AND BOOKS IN DIFFERE NT
ADVERTISING PIECES HELPED ME RE-DISCOVER HIS MASTER. TIME FACTOR, THIS BROCHURE IS VERY IMPORTANT EVIDENCE ABOUT THE MASTER TIME FACTOR AND WE WILL ANALYZE THIS PIECE OF MATERIAL IN A NUMBER OF WAYS. I T I S AN OTHE R P ROOF OF THE MASTER TIME F ACTOR AND IT IS IN MR. Gann ’s OWN WORDS. THIS COPY IS HARD TO READ, BUT IT IS THE BEST COPY I COULD GET FOR YOU. I FE LT IT WOULD BE BETTER TO COPY IT DIRECTLY, RATHER THAN RETYPING IT, SO THAT YOU COULD SEE THAT IT
IS AUTHENTIC.
I OBTAINED THIS COPY OF THIS BROCHURE FROM A FRIEND ON AUGUST 7, 198 3 A ND IT IS T HE FIR ST TI ME THA T I HA VE E VE R SE E N T HI S BROCHURE. IT IS THE FINAL PIECE OF EVIDENCE I NEEDED TO PRESENT CONCLUSIVE PROOF THAT MY ASSUMPTIONS CONCERNING THE MASTER TIME FACTOR WERE
INDEED ACCURATE. MY ACQUIRING THIS BROCHURE UNDER THE CIRCUMSTANCES IN WHICH IT CAME TO ME IS ALSO FURTHER EVIDENCE TO ME OF THE TRUTHS REVEALED IN "TH E SE EKER' S CREE D". SEE SECTION IV. PARAGRAPH 21 OF “THE SEEKERS CREED
APPENDIX III
11
.
APPENDIX IV "FORECASTIN G" WRITTEN: NOVEMBER 1935 BY: W.D. GANN BACKGROUND: THIS 21 PAGE DOCUMENT IS IN MY OPINION THE MOST IMPORTANT MATERIAL OF ALL OF MR. Gann
’
s WORK. I DO NOT
BELIEVE THAT WE WILL FIND A BETTER EXPLANATION OF MR. Gann ’ s MASTER TIME FACTOR. (AT LEAST NOT IN HIS OWN WRITTEN WORDS.) THIS DOCUMENT WAS THE CENTRAL LESSON THAT MR. GANN INCLUDED IN HIS NO. 3 MASTER FORECASTING METHOD. IN 1939 MR. GANN CHARGED $2500.00 FOR THIS COURSE NO. 3 AND HE PLAINLY STATES THAT THIS COURSE INCLUDES HIS "SECRET DISCOVERY OF THE MASTER TIME FACTOR AND A NEW WAY OF FORECASTING BY MATHEMATICAL RULES THAT ARE SIMPLE AND PRACTICAL". (SEE MY APPENDIX III-BROCHURE "LEARN BEFORE YOU LOSE-", PAGES 16 AND 17.) IF YOU HAVE PURCHASED THE PRESENT W.D. GANN STOCK MARKET COURSE-AND TAKE CHAPTER 2,"FORM READING AND RULES FOR DETERMINING TREND OF STOCKS"(pages 31-56); ALSO CHAPTER 5,"VOLUME OF SALES " (pages 128-144); AND CHAPTER 10, "RESISTANCE LEVELS
"
(pages 293-311) AND THEN ADD THIS
LESSON ON " FORECASTING THAT I S IN THIS APPENDIX-THEN YOU HAVE PRECISELY WHAT MR. GANN CALLED HIS COURSE NO. 3 MASTER FORECASTING METHOD WHICH HE SOLD FOR $2500 IN 1939 DOLLARS! THE MASTER 20-YEAR FORECASTING CHART THAT MR. GANN REFERS TO IS IDENTIFIED AS CHART #19 IN A PACKET OF GANN CHARTS SOLD BY LAMBERT-GANN PUBLISHING CO. THIS WAS A SWING CHART THAT MR. GANN MADE, B UT IT WAS P OORLY REPRODUCED .
THEREFORE, I MADE MY OWN COLOR CHARTS (MONTHLY), FROM 1901 THROUGH THE PRESENT (1983) SO THAT THIS IMPORTANT MATERIAL ON THE MASTER TIME FACTOR WOULDCLEARER BE TO YOU. MR. Gann ’ s WHOLE TRADING METHOD IS BASED ON THE FOUNDATION OF THIS MATERIAL IN THIS 21 PAGE LESSON. YOU MUST UNDERSTAND THIS MATERIAL BOTH IN ITS SYMBOLIC TERMS AND IN ITS REA L TERMS. ALL OF HIS RULES ARE B ASED ON THIS TIME FACTOR. STUDY IT WELL. IT GIVES THE ME ANING TO THE REST OF HIS BOOKS AND COURSES AND RULES. I HAVE COPIED IT DIRECTLY AS HE SENT IT OUT IN 1935- YOU SEE IT IN HIS OWN WORDS ON HIS OWN LETTERHEAD EXACTLY AS HE SENT IT OUT IN 1 9 3 5 . ALSO, I HAVE INCLUDED AT THE END OF THIS PARTICULAR APPENDIX, A COPY OF THE SQUARE OF 20 YEARS THAT HE REFERRED TO AS THE NEW YORK STOCK EXCHANGE PERMANENT CHART. IT IS IMPORTANT AND I HAVE DISCUSSED IT IN MY BOOKLET.
APPENDIX IV
APPENDIX V "THE SEEKER'S CREED" WRITTEN: JUNE 1971; BY: "THE SEEKER" BACKGROUND: THIS WAS WRITTEN BY "THE SEEKER" IN 1971, 8 YEARS BEFORE THE 'AUTHOR EVER HEARD OF MR. GANN. IT WAS WRITTEN FOR THE PERSONAL AND PRIVATE USE OF THE AUTHOR. IT WAS NOT INTENDED TO BE MADE PUBLIC. IT IS COPIED HERE EXACTLY AS IT WAS TAKEN FROM THE AUTHOR1 S PERSONAL NOTEBOOK. THE ONLY PERSON THAT THIS WAS EVER GIVEN TO PRIOR TO THIS TIME WAS THE MAN THAT WAS SUPPOSED TO BE SELLING THE AUTHOR MR. Gann’s MASTER TIME FACTOR. THE BOOKLET, "MY STORY-A SEARCH FOR W.D. GANN'S MASTER TIME FACTOR" DESCRIBES WHAT HAPPENED. ’
"THE Seekers CREED" WAS WRITTEN IN AN EFFORT TO ALLOW THE AUTHOR TO COMPILE HIS BELIEFS AS LEARNED FROM A LIFETIME OF READING AND SEAR CHIN G FOR THE NATU RAL LAWS AND PRINCIPLES OF LIVING SUCCESSFULLY. NOTHING IN THIS CREED WAS ORIGINAL WITH THE AUTHOR. IT WAS ALL STATED IN DIFFERENT BOOKS THAT GREAT PEOPLE HAD WRITTEN OVER THE YEARS. THE AUTHOR TAKES NO CLAIM THAT THESE IDEAS OR BELIEFS ARE ORIGINALLY HIS. HE MERELY LEARNED THEM FROM OTHERS, THEN COMPILED THEM AS THE BEST OF TRUTH THAT HE HAD FOUND, THEN TRIED TO LIVE BY THEM, AND HIS EXPERIENCE PROVED THEM TO B& VERY VALUABLE. HOWEVER, IN THE HUMDRUM OF EVERY DAY LIVING AND IN THE SEARCH FOR OTHER MORE EXCITING THINGS, THE USEFULNESS OF THIS CREED WAS FORGOTTEN-LOST, IF YOU WILL. IT TOOK THE EXPERIENCES OF THE SEARCH FOR THE MASTER TIME FACTOR TO CAUSE THE AUTHOR TO RE-DISCOVER THE INCREDIBLE VALUE AND TRUTH OF THIS CREED.
THIS CREED IS NOT MEANT TO BE A RELIGION OR ANYTHING RELIGIOUS. IT IS MEANT TO BE AND IS A GROUP OF NATURAL LAWS THAT ARE TRUE AND WORK. IT IS SCIENTIFIC-IP YOU WILL. I DO NOT UNDERSTAND WHY THIS CREED WORKS, BUT IT DOES. THE AUTHOR WAS BROUGHT-UP IN A PROTESTANT CHURCH BUT HAS NOT BEEN PARTICULARY RELIGIOUS. WHATEVER YOUR FAITH-JUST SUBSTITUTE AS YOU LIKE IN THIS CREED. ALL IS THE SAME IN NATURAL LAWS; THERE ARE NO ETHNIC DIFFERENCES, THESE ARE MAN-MADE. IF YOU WILL ADOPT THIS CREED FOR YOUR OWN AND LEARN IT BY HEART AND PRACTICE IT, YOU WILL BE AMAZED TO FIND THAT YOU WILL VASTLY IMPROVE ALL AREAS OF YOUR LIFE. TRY IT! THE DIRECT USE AND APPLICATION OF THIS CREED IS WHAT ALLOWED THE AUTHOR TO FIND THE MASTER TIME FACTOR. THE KNOWLEDGE AND PRACTICE OF THIS CREED IS FAR MORE VALUABLE THAN THE MASTER TIME FACTOR OR ANYTHING ELSE THAT THIS AUTHOR HAS EVER FOUND.
APPENDIX V
"THE SEEKER'S CREED"
.CREATION II................................................ GOD1 S LAWS
III............................................... THE LAW OF ACTION IV.............................................. LAW OF HARVEST V.................................................LAW OF INCREASE AND EXPANSION VI...............................................LAW OF PURPOSE VII............................................. LAW OF ATTRACTION
VIII.......................................... .LAW OF SPECIALIZATION IX.............................................. LAW
OF
TIME,
SEASONS SUMMATION
CYCLES,
RHYTHMS,
"THE SEEKER'S CREED" I. CREATION
1. I believe that God is the one Supreme Being, the Creator and Ruler of the Universe! I believe that God is the primary Cause. I believe that God always was and always will Be. 2. I believe that God is Mi nd. I believe that God is Love. I believe that God is Energy, or that Energy is the instrument of God. I believe that God (the energy of) is in all nature: the air, the sea, the land, the cosmos. I believe that God is in everything. I believe that God is in me. I believe that God is Truth and that Truth reve als God. I believe that God is all Powerful, all Knowing, and all Pervading in the Universe. I believe that God has domini on over the Univers e. I believe that God is Infinite Supply. I believe that God is unlimited Resources and Energies. I believe that God is Positive, Love, Faith, Hope, Trust, Praise, Blessing, Joy, Happiness, Peace, Health, Riches, and Infinite Power. I believe the God is Perfect. 3. I belie ve that God cre ated th e Unive rse in the beg inning and that it (this cre ation) is a continua l process. 4. I believe that God cr eated the worl d out of His M ind through imaging by a positiv e force of will caused by desire to creat e. I believ e that I and every thing in the univer se is part of God’s expression. 5- I believe that God created the universe by Hi s Word (mental
image) first. 6. I believe that God cre ated the uni verse and all in it by imagi ng it; then by taking action to bring the image into reality. The action took was using part of himself ( His Flux or Energy). This creation was effected by His Desire to create something out of Him. 7. I belie ve that Go d set up the fu nctioning sy stems or laws of the univ ers e at th e same tim e that He creat ed th e universe and that He used the laws that He set up in order to create the universe. 6. I belie ve that Go d crea ted the u nivers e throu gh: (1) Imaging.
1. 2. 3. 4. 5. 6. 7. 8. 9.
(2)Desire To Make Image Real. (3) Action create image).
(Using Energy or
Flux in proper manner to
(4) Giving Of Hi msel f (Putt ing part of H is Energy in to the creation). (5) Using principles or laws in the creation, which would also govern the creation. II. GOD»S LAWS
I believe that God created the universe in accordance with certain principles or laws. I believe that all of nature including man p functions best under these laws.
rospers and
I believe that these laws are expressed in the b ible, in other religious writings, and throughout life and the universe.
I believe that they are shown throughout the universe and throughout history. I believe that these laws are designed to of God and to reveal God.
show the glory
I believe that health, morals, mental, spiritual,
phys ical, econ omi cal, and in
aspects of life are governed by these same laws. I believe that specific things in life are symbolic of thes e laws and that all natural pheno mena reflect these same natural laws.
fact, all phas es and I beli eve th at Act ion is on e of the fir st nat ura l laws . believe that there must be action (You must act).
1. 2. 3. I believe that for each action there is an equal reaction
4. I believe that you ACT (do the thing ) first and you shall have the power. You get the power by ACTING (doing the thing). I believe you must ACT first.
I
5« I believe you must act (pretend movement) the part you want. I believe you m ust act the way
you want to f eel. I
be li ev e you must act as if you are alre ady wh at you wa nt to be. I believe you mus t act as if you already possess what you want to have. I beli eve you must act as if you have al re ad y creat ed wha t you wan t to crea te. 6.I believe that acting in your imagination provides the realization
of
what
you
Imagine.
Thought
is
action
in rehearsal.
I believe that cont inuous Impu lses of thou ght
have a
tendency
to
clothe
themselves
in
their
physical
equivalent. 7. I believ e th at en erg y fo llows the acti on of the mind. (What you think is what you get). 8.I believe you will be th e way you ac t. How will you a ct when you get what you want?
Act that way now, thinks that way
now, let that way of acting and thinking becomes a habit. I believe you must relax when you act and concentrate your attention on the way you act and think. 9« I believe that when you act something enough, you BELIEVE it; and BECOME it! 10. I believe tha t man is made by hi s belief. 11. I beli eve th at as y ou bel ieve, so you a re. as a man thi nking in his he art making apparatus), HEBECOMES (is).
I belie ve tha t
(his sub conscious or image
12. I believ e that yo ur manner sh ows your att itude.
I believe
your attitude shows what you expect - - -and WILL GET! ’
13« I believe that you should assume a virtue if you don hav e it. Look-the part. Dres
t
s the part. Speak the part.
Act the part. Soon you will have the virtue. This wo nde rf ul la w is how you acquire anything that you want which you don't have. But, look out! It is a two-edged sword. It cuts both ways. 14. I believe that you can only act one part at a time.
I believe
that this is also evidenced by "You cannot serve two masters at the same time".
I believ e this part of the law
further emphasized by the law of
is also
specializatio n.
15. I believe that if you act something in your own mind and daily and frequently repeat it, before long you will BE it. 16. I bel iev e tha t hea t pro duces act ion and actio n pro duces heat . I believe
that
heat
causes
uncomfortabl eness
and
that uncomfortableness causes heat. Heat increases motion. Action cause heat and therefore increases motion. Uncomfortableness is
one
of
the
catalysts
of
achievement.
Action,directed,causes production of achievement. 14. I believe that re sis tance sh ould not be off ere d to directed
Action. Live spelled backward is evil. Any resistance offered to God ’ s laws is taking away from directed action. Life is action. Every act rewards itself. Therefore any resistance offered to action (life) directed (laws) is what constitutes evil (the reverse of live). V. LAW OF HARVEST
1. I believe that a basic law of the universe is: DIVIDE .. and GROW! 2.I believe that this is the only method of incre ase known nature since the beginning of time. 3. I believe that God divided part of Himself (HIS ENERGY) when He created the universe. 4.I believe that all nature has its own built in image — except man, whose reproductive image is built in, but man's mind (sub-conscious and conscious) can produce
images of its own,
making man a small God.
6.I believe that growth is caused by. Desire from within. Desire to be what the image is. 7.I believe that desire is the planting of the seed. The seed is the mental image. The seed is the WORD. 8. I
believe
that
like
re produces
like.
I
believe
that
everything reproduces after its own kind (its image) (whose se ed is in itse lf). Everyt hing rep roduc es in its own image (likeness).BETTERWATCHYOURIMAGES! 9. I beli eve the
seed
(im age) has
the
abil ity to draw unt o
itself what it needs for growth to perfect its maturity (reproduction of itself after its own kind (image)).
10. I believ e the gro wth of this seed is praise , giving , and thankfulnes s. 11. I believ e that heat (desi
fer til ized by bless
ing ,
re) cause s the seed to burst out
of its shell (mindset or mold of habits) and to move towards the accomplishment of growing into its own image. 12. I believe the heat i s caused by burying th e seed in the earth (in the su bconscio us); by giving i t (seed) awa y to the eart h, by sowing it in the earth, by letting it (seed) die to the giver or sower. It must be given , or used, or die be fore it can be r eproduced in life. Then after the seed is sown, God’s su nl ig ht (i ns ig ht an d de si re ) ca us es th e he at in th e earth (s ub co ns cio us mi nd ), an d th e sh el l ex pa nd s and bu rst s forth new life from this heat.
e
10. I believe that th is is the same thing that happe ns in man mind. The seed (mental image) must be burled with desire
s
in the
subconscious.
It
must
be
buried
in
the
subconscious before it can come alive. That is why I must be very careful about the images (mindsets) that I allow myself to develop. 11. I belie ve tha t eac h see d the n can only rep roduc e its elf , whatever it was or is. It cannot produce something it is not. 15- I believe the seed dies when it stops dividing and growing. I believe that the law of cycles further emphasizes this. When growing (outgoing) reaches a peak (maximum out-growth), disintegration begins (contracting phase begins). 16. I believe that the seed an d plant draws up on the surro unding energy for what it needs for growth, at will when needed and in the amount needed. God supplies this energy through his creative principles and laws! 17. I believe that God is the Source of All Supply. He is the Provider of All. (This is most important that I understand this at all times). "How blest are those who know this (their need of God as the
Source of All
Supply)—the kingdom of
heaven (expansion and growth) is theirs. 18. I believe that there is a mystic pattern behind the Law
of Harvest and that it symbolizes all of God’s laws in their relatio nship to man’s creat ions. I believe that it goes like thi s: P rep arin g t he soil be for e p lan tin g; th en plan ti ng th e seed ; th e seed bu rsting out of its shell an d a like plant starting as a baby but knowing what its going
to be
like and
growing into maturity; being fertilized,
wa ter ed , and ca red for while growi ng; the bear in g of fruit like Itself in due time while specializing in doing that one thing only; the maturing of the plant and fruit into full maturity; the harvest when the crop is gathered and the first and best seed saved for the next planting (at least 10% or tithe); then the reaping of the sowing and carrying the crop to the mar ket plac e to ge t paid for
that done (re aping);
then the plant dies (usefulness)
after
the
harvest
when
its
work
is completed, its seed has been safely stored and saved for next seas ons sowi ng;
the no long er
prod uctiv e plant is
cut under or burned and the field is plowed under and allowed to rest for the winter.
Then the seed will be sown in the earth
again to die and the cycle will start all over
again (and
will be better each year if the best seed is saved and sown) so long as heaven and earth shall last. THIS IS THE STORY OF SEED AND PLANTS AND THIS IS THE STORY OF MAN AND LIFE. 19. I belie ve that , in gro wth , the mor e a pla nt lack s channe ls through which to expand, the more it is inclined to burst forth an d flow wit h power. Limit the channels f or growth a nd you direct the growth toward that direction with greater p o w e r . A p l a n t c a n n o t st a n d s t i l l ; i t m u s t g ro w o r s t a r t to
Die.
It must move; it must act.
20. I believe a purpose of life is to have dominion—to overcome obstacles in orde r to grow . 21. I bel ie ve tha t in the law of gr owi ng- you fir st creat e th e need, then the means will come. Every form of life holds within itself vitality (energy) enough to draw to it every eleme nt it needs for growt h and fulfillme nt. First, th e need , and the n the me ans. When yo u set objectives (goals) you create the need and then the need itself draws the mea ns to satisfy. This is why se tting goals and objectives are so important. You use what you have at hand and thereby create a vacuum (or need); then nature (God ’s Supply ) come s alon g and fill s the vacuum (or need). V. LAW OF INCREASE AND EXPANSION
1. I belie ve that ever ything r eprodu ces afte r its own kind. I believe that everything increases after its own kind. 2. I belie ve that to incr ease and exp and you must incr ease the rate of mot ion (mov ement). I believe to increase anything you must u se that portion of the s ame thin g that you ha ve. You must us e it; put i t to work ; rele ase it ; plan t it; do it with purpose and deliberate intent. This is th e law of in cr ea se and expansion. 3. I be li ev e th at to in cr eas e a st oc k of anyt hi ng, tha t th in g must be used, put t o work, put out at interest . 4. I believe that you work for increase in the form of whatever you already have. 5. I beli eve tha t you must pla nt the seed bef ore you can reap the harv est . I bel iev e that yo u must sow bef ore yo u
reap. believe that you must give before you can get.
I
6. I believe that you must give (First), and you must give freely (release whatever you give) with intent and with no stri ngs atta ched. (Exce pt a kernel of wheat fall into th e ground and die, it cannot bear fruit). 7. I belie ve that you cann ot lend it; you must give it (sow) , freely and fully, and with express intent and purpose of giving freely and fully. 8. I believe that if a thing be dead to you- if it is gone beyond hope of return (when you have planted it for an express purpose of giving and for growth), then you can expect and look for a harvest. (The harvest may not be exactly in the form that you expected but it will be a harvest). 9. I bel ieve that he tha t fi nds hi s lif e (in or der to do so) ,
Shall lose it (buried in subconscious or turned over to the subconscious); he that loseth his life (turns it over to his subconscious properly) for obeyance of the laws shall find it . 10. I beli eve th at he tha t give s all he h as (his b est e fforts) in the service of his fellowman shall find that in doing so he has planted seeds which will bring him a harvest of happiness and plenty. 11.
I
believe that if you do the thing you will have the power.
12 . I be liev e tha t ev erythi ng ha s its pr ice . (When Go d created the uni ve rse, He pa id the price of put ting pa rt of Himself into His Creation). 13. I believe that you must pa y the price- and then tak e what you have paid for- (and you r eally want to make i t grow, use it again). 14. I believe that in sold (paid for).
nature nothing is
given; all things
are
15. I believe that for any benefi t receive d a tax is levie d. 16. I belie ve that you must pay the full pric e. It is not possible to buy anything for more or less than its price. If you don't pay the full price you don't get something else.
the thing; you get
17. I belie ve that the law of incr ease sa y that what you keep (hoard) to yourself you lose; that which you give away comes back to you with more of its own kind (what you sent
out); that which you send out comes back. BETTER BE CAREFUL WHAT YOU SEND OUT TO OTHERS, THEN. The reason for this I believe is because time and space is curved. 18. I believe tha t the tithe is the way the anc ients used to show man the law of Increase and expansion. 19. I believe that this is so because all moti on is cyclic; it circulates to the limits of its possibilities and then returns to its starting point. (You reap as you have sown). 20. I believe that any act, whic h injures anot her, is contr ary to the law of expansion and separates the actor from the kingdom of heaven (expansion and growth); any act, which helps another, is in accord with the law of increase and expansion and brings the actor closer to the kingdom of heaven (expansion and growth). I believe that you must give (First). Give freely of what you have. You’re talents, your knowledge, your experience , and your self, whatev er you h ave that you can give. You must give it to work for others and by so doing you will increase it. This is the law of Increase. When you stop giving you begin losing.
10. I belie ve tha t you cann ot hold onto rich es; that you must give (use) them and get greater riches in return.
Remember
when you keep something to yourself you stop your need of it and when your need stops then you have done away with the vacuum
(need); then the nearest vacuum (need) will pull what
you have away. (To have something you mus t use it; g ive it away; put i t out to wo rk.) "To him that hath wi ll be more given; to him that hath not, will even that which he hath be taken away. (To have not - hold on to what you have just for yourself - and you won't have it long!
Use it or lose it).
11. I believ e that you must be conti nual ly givin g - and gett ing. The parable of the talents expresses the law of increase and expansion. 23- I believe that everything you give increases after its own kind. I believe that you get that w hich you give. If you give happiness, health, praise, respect, service, life to others, you will get the same thing in return - and in the same proportions. 24.
I
be liev e th at yo u can no t incr ea se two things at th e same
time. (You cannot serve two masters). You can only give one thing at the time.
(Law of Specialization).
25 . I bel ie ve th at un ha pp in es s is a cri tici sm of Go d.
I
be lieve tha t it Impl ies diss atisfac tion with the wa y Go d did things. 26. I believe
that any
unhappy man
gets what
he
gives
unhappiness. 27. I believe that any unhappy man cannot be grateful, or
at
peace because he cannot be aware of God ’ s great truths - if he is unhappy. 28. I believe that a man cannot love God when he hates or dislikes his neighbor
(God is in his neighbor).
I believe
that a man cannot get or find happiness and service unless he first gives happiness and service to others.
If a man lives
only for himself he will be unhappy - because he will not be giving any happiness to
anyone
and therefore
cannot
get
because he did not give. 29. I belie ve that when you lo ve (firs t), you sh all be love d. 30. I
belie ve
that
you
mus t
firs t
give
happi ness
to
get happiness. 31. I believe that it is God’ s plan to make man win happiness through service, through adding to the happiness of others. 32. I believe that your
life and your environment is an image of
what you gave (give).
24.I believe that what you have is an image of what you have given. 25.I believe that what you have today is an image of what you gave (or didn’t give) yesterday (in the past).
36. I believe that what you give (sow) today, you will get (r ea p) tomorrow. 37- I believe that the only limit to what you receive (reap) is the limit (extent) to what you give (sow). 38. I believe that what you do not give (sow) today, you no t get (reap) tomorrow.
will
39- I believe that the only limit to opportunities (means) is the limit of human happiness (needs). 40. I believ e that God giv
es me all I will accept
.
41. I believe that fear shu ts up or restricts or limits chann els or entrances or doors through which I allow myself to receive (God can su pply from a ny source). Fear repels, holds on t o what it has (stops giving and therefore loses what it has) and is contr ary to the law of increa se and expans ion. I believe that Jealousy, ha te, and envy are forms of fear. 42. I believe that to Increase or expand something you must love
it, pra ise It, ble ss
it, glo rify
it, giv e tha nks for
it,
desire it, and image it in the attitude of these emotions. You must give subconscious
(release)
these
toward whatever you want to increase.
feelings
to
your
43- I believe that the law of increase Increase—disuse causes decrease.
says that use causes
44. I beli eve that a h igher rate of mo tion (mo vement) use)
(more
causes Increase. Use what you have now at hand, freely and without fear (of not getting more) and more will be given you back. This is the law of Increase. It is God’s Law. It is sure. Like the sum coming up in the morning. 45. I believe th at what you give, you will get. 46. I believe tha t what you think will hap pen beca use thoug ht is the giving of mental images. You will get what you give. Your thoughts are motion (action) in rehearsal. So you must control and direct your thoughts just as you must control and direct your actions. Your words represent your Images, so they (your WORDS) must be controlled and directed too. Control and direct them to accomplish whatever you wish.
47« I believe that you must appreciate (be fond of) the things you want to increase. (Where your heart is, there will be your treasure also). 48. I believe that the fir
st step in using the law of increase
is desire (to increase whatever you want; then use whatever you have, right now, whosesoever you are and whatever you are doing. create
(Establish the need, and then use what you have to
greater need so that law of supply will come in and work. The law of supply says that whosesoever there is a demand (need) it will be supplied when the demand is great enough). 49. I bel ieve tha t the law of of your
incr eas e work s in direct rati o
thoughts to the thing to be increased.
(Think in larger
size s or units and incr ease is in larg er sizes or units think in smaller sizes and increase is in smaller sizes).
-
50. I belie ve th at the natu ral la w of supply an d dema nd is that there will be supply according to the demand. (Increase the need (demand) - give what you have). 51. I believ e that the law of increase is starte d by desire (heat). Do you want something? Give that something which you want to all you come in contact with; give all that you have (in you) to others. 52. I believe that what you are today is the fulfillment of yesterday's desires - that which you will be tomorrow will be the achievement of today’s visions and images and desires. 53. I believe that with discipline you will do tom orrow what y ou
did today. Without discipline you will do the same. The only difference is like day and night, good and evil. Use discipline on yourself to get what you want. 54. I believe that the only limit
to
the
amount
of
creative
force, pow er, love, mone y, hea lth, etc. That I get is the amou nt of cre ativ e forc e, pow er, lov e, mone y, hea lth, etc. that I give (use). 55• I believe that the more you increase what you give, the more you increase what you get. 56 . I be li ev e th at sk il l, po we r, re so ur ce s, he al th , mi nd , love, and all things and emotions grow with use of them and shrink with dis use.
(They grow because you give them and
thereby create a need for more of t he same). 57. I believe tha t it doesn’t matt er how small some thing is; use it (give it) and it will grow. The more used (given) the more it grows (increases). 58 . I be lie ve tha t the law
of inc rea se and expa nsi on say s
that you must have faith (believe) that your commodity 10
is
59-
Increasing. If you believe something you must act on the
60.
beli ef. (F ai th with ou t works is de ad (is not fa ith ). I believe that the law of increase and expansion says that the rate of motion causes increase.
61. 62,
I
believe that the difference between all things in the
universe lies in their rate of motion (movement). ’
6364.
Everything in the universe is made of God s Flux (energy); therefore, the difference between things mu st li e i n th ei r r at e of motion. (This is the basis of the
65.
law of increase and law of attraction). I believe that things with equal or near equal rate of
66. 67. 68.
motion attract each other. I believe that all positive and good things speed up rate motion. I believe that negative or evil things slow down rate of motion.
69-
I believe that something exhilarating to the spirit speeds
70.
up rate of motion. I believe that whatever your rate of motion, the elements of like quality will be attracted to you. Think on high
71.
things. (By their fruits you will know them). I believe that the law of increase and expansion says that things pulsate. You can't stand still. You must move. You increase or decrease. I believe you must grow or feed other who is growing.
I believe that the key to acquiring power lies in using what power you have, because use releases more power. (Develops a greater need). I believe that the one condition coupled with truth and
of
life is its use you mus
ly. You must act on it. I believe that the law of expansion and increase calls for pr ay er. ("Pra is e Th e Lo rd an d be th an kful, th at th en shall the earth yield
her increase; with thanksgiving let
your requests be known unto God; rejoice, be glad, praise, give thanks, these are the ways to increase).
t
I believe that when you pray for something you must accept
use it
it immediately and at once begin acting as if you already have it and start doing the things you would do if you in
free
fact did have i t.
72.
I b elieve t hat t o g et r esults y ou m ust t hink
(concentrate) 11
And act on what you want (love, riches, health) not what you don't want (hate, poverty, illness). 73- I believe that the law of increase and expansion says that mere increase is not enough, that you must have a purpose for the increase, that it will be used for; and it (purpose) must be a good purpose. (You must have need for the increase). 74. I belie ve that you mus t bless and pra ise what you giv e, use, or send out. 75. I belie ve tha t you must pic tur e (visu ali ze, imag e) wha t you want to increase and picture it increasi ng by your using, giving, and sowing it. (Into whatsoever house you enter say peace be to this house. more
Give your peace to all you contact.
Do
- act the part). 76. I believ e that the only thi ng that can increa se or exp and without limit is our mind (that part of God most like Him, given
to man), our
imaging faculties.
"Seek ye
first
the
kingdom of imaging (imagery) and all things shall be added (increased) to you". 77- I believe that the quality of of your power.
your thought is the measure
78. I believe that clear, forceful, directed, pure thought will yield energy. 79- I believe that you control your desti ny to the exact ratio to the extent that you visualize (image) it.
12
2.I believe that the end result of an action is its purpose. 3.I believe that the effect of the action is the purpose of the cause.
6. I believe that in order to go somewhere, you must kno w where it is that you want to go. 7. I believe that you can
only go to where you wan t to go from
where you are now. 8. I believe that the law of purpose says that you will always accomplish your purpose (your true goal or objective). "Seek and you will find. Knock and the door will be opened to you. Ask and you shall receive." ALWAYS! 9. I believe that you must loo k to find - and you will find what you look for (expect to find).
10. I believe that you get exactly what you expect. you think.
Exactly what
Exactly what you give (or have given).
11. I bel ie ve th at yo u are wh at yo u exp ec t you a re
(wh at
your image of yourself is). 12. I beli eve that you will not be what you expect that you cannot be (what your imag e is not - you cannot be). 13- I believe that faith is part of the law of purpose and expectation.
Whatsoever you have faith in - will happen.
15» I believe that your manner shows what you expect — and will get. 16. I believe that whatever you look for (expect) is right. If you expect you can — you can. If you expect you can ’t — you can’t. If you sow you can expect to reap. If you give you can expect to get. If you do not give you can expect that you will not get. If you expect trouble, poverty, poor health, and hard times — you will get trouble, poverty, poor health,
13
Hard times; you will get exactly what you expect. If you expect happiness, riches, health, and a good life - you will get it. ! • I believe that a man e s attitude tells you what he expects. You may expect that he will get what he expects. I believe that a man's condition and environment tells you what he expected in the past. I believe that a man's attitude today tells you what he expects — and will have tomorrow. 18. I believe that fear is negative expectation — Looking for what you don't want to find. But if you look, you have to find; that is the law. Fear is the anti-law . Don't mess with it! Don't look for what you don't want to find. That is a foolish thing to do! 19» I believe that life's purpose is to provide an arena for expression of God and His Way, Will, D through His Laws.
esires, etc.
22. I believe that the law of purp ose say s that a purpose must be define d. It must be clear . be sincere. must
It be
It must be specif ic.
must have bounds. at
a
c ertain
It must
It must be concentrated. lev el.
It
mu st
It
ha ve
potential (possibility of realization). 23. I believe that the reason I do something is due to my purpose behind the reason. 24. I believe t hat the purp ose is my inte nt for doing it . 25. I believe that I will produce according to the
seed
(purpose
and Intent) I sow. By their fruit you will know them. (By their intent and purpose you will know them). 26. I believe that t he law of purpo se assures us t hat everyone will always reach the goal (the real goal, inten t, purpose) desiredmost (THEREALONE!). 27. I belie ve tha t the law of purpo se says tha t we do what we really intend to do. You will always accomplish what your purpos e (intent, real goa l, really wan t to do) is . Thi s is a wonderful and frightening law. 28. I believe that the pur pose or goal must alw ays be kept in the forefront of the mind. 29. I believe t hat it must be co ntinuously re peated and 14
Reaffirmed. 30. I believ e that it must be wat ered with des ire. 31 . I bel ie ve tha t it mu st be ac te d up on . If no t it wi ll evolve into another purpose (rambling or will to fail). 32. I believe that once you set the purpose (intent, goal , or objective), you must use a map (to see the best way there and the shortest or best route and to see that you don't get off track (always stay on track)) to start t oward your goal. I believe that you must see (image) yourself there (getting there). I believe you must have desire (want to go) strong enough to pay the price (enough desire to meet the requirements) to get there. I believe that you must know (have faith) (belief, faith, self-confi dence from other successes building toward this one) that you can get there. I believ e that you mu st be determined to get there (determination and persistence - once hand to plow, don’t turn back). You must not stop (don't go off somewhere else) even if detoured until you get there (its all right to rest just so long as you don’t get off the track). You must be thankful when you get there. 33- I believe my most important purpose in life is my own personal growth and success in realizing my potential. I believe that my potential is that which God would conduct through me without my resistance to Him.
35- I believe that
insulation can be
strengthened with a
discipline.
VII.
THE LAW OF ATTRACTION
1. I believe that you attract that which has like rate of motion (movement) . I believe that you at tract that which ha s the same or nearly same vibration. 2. I believe that the only way to chang e (growth-chang e) anything is by degrees, by minutes, a bit at a time, by changing the rate of vibration or rate of motion by degrees. 3. I beli eve that th is is so beca use the bui lding bloc ks of the universe is pure energy (God’s Flux) andit is the same. 4. I belie ve th at the dif fer enc e bet wee n thi ngs is cau se d by their vibrations or rate of motion. I believe that you build up or tear down by degrees. You change the rate of motion. 5. I beli eve that yo u attr act tha t which you ar e (your ra te of motion) and repe l that whi ch you are not (a diff erent ra te of 15
Motion). 6.
I believe that a low rate of motion attracts a low rate of motion and repels a high rate of motion - and the 7. 8. inve rse is also true . 9. I believe that to attract something you must have desire 10. for that which you would attract. 11. I believe that desire is the emotion that attracts like 12. to like. 13.
I believe that to attract something you must vibrate with it, tune it in (think about it with desire- release the energy of the thought by the transmitter of your desire within you). I believe that to attract something you must use it (t ha t which you would attract). I believe that you must have a need for something in order to att rac t it. I believe that anything you attract must be something you have created a n eed for. I believe that to attract somethin g you must have a reason (purpo se) for needing it. I believe that to keep something you (use it, wo rk it, spend it).
must give it away
I believe that giving attracts high rate of motion things into your environment because giving increases your rate of 15. motion. I believe that love, faith, prais e, joy, blessing, 16. kin dne ss, and happiness att racts hig h rate of moti on things. 17-
I believe that to attract more you must give m
ore.
I believe that whatsoever you give (really give) becom es a seed that you plant—for God to multiply back to you (by His Natural Laws). But I believe that you must first initiate the action yourself; you give first, you smile first, you love first, you forgive first, you apologize first, you give happiness first, you serve first. I believe that you must first put something in, before 19-20. 21. I beli eve that you cann ot a ttract that which you have not 16
Wanted to attract. 22. I believe that you must attract that which you want to attract. 23. I believe th at you attra ct today that whi ch you wante d to attract yesterday. 24. I belie ve that you will attract tomorrow that whi ch you want to attract today. 25. I be lie ve that the
la w of att ra ct ion says that all
thi ngs
are equal. 26 . I be li ev e th at as yo u gi ve of yo ur se lf yo u at tr ac t th e same amount from the other side of the equation except that God (through the law of compensation) adds to what you receive back. He does this through his natural laws and because He is The Source of Supply. 27. I believe
that
all
things
with
life
in
them attract
themselves the elements they require to meet Images.
their
to
in-built
28 . I be li ev e th at th e la w of at tr ac ti on sa ys th at "t ha t which you give (use) or would willingly give - you attract; that which you withhold (refuse to use or give) or strongly desire to withhold - you repel. 29- the law of attraction says that if you w ant to attract something - use it; if you want to repel something - do not use it. I believe that this holds true for everything in th e universe, because God's Natural Laws are universal.
17
VIII. LAW OF SPECIALIZATION
1. I be li ev e th at all life ca n ac co mp lis h a grea t dea l mo re by specializing. 2.I believe that you can only do one thing at a time. cannot serve two masters).
(You
3. I believe that you should devote all energ y, time e fforts, and res ources to the acco mpli shment of one goa l. you
(Then
can move on to another one).
5. I believe th at you devel op concen trati on by special izin g. I be li ev e th at yo u focu s your pow er, ef fort s, at tent ion, and res ult s by speci alizi ng.
The la w of growt h is divid e. .
And grow. Specialize. Nature does. 6.I believe that you should narrow down to specifics. too wide.
Don't be
? • I believe that the wide, broad, crooked road leads to destruction (disintegrati on). 8. I believe that the narrow, straight, single purpose road leads to life abundant. 9- I believe that all God ’ s natural laws call for specialization - but balanced specialization within the bounds of his natural laws. 10. I believ e that in order to achi eve there mus t be a speci fic, clear, defined goal. (Just as God had when He created the universe). This is specialization. 11. I
believe
that
awaren ess
is
specializ ation.
That
it
exemplifies specialization. of
Awareness is being fully aware
a moment. It specializes in the moment. 12. I believe that the Laws of Action, Harvest, and Growth, Increase and Expansion, Purpose, Attraction, and Cycles - all call for specialization. It is one of God ’s natural laws. IX. LAW OF TIME, CYCLES, RHYTHMS, SEASONS
1.
I believe that Energy is the Flux of God. I believe that Energy is everything. I be li eve that pu re energy is In finite. I believe that Energy proceeds from God. I beli eve th at God is the So urce of All Supp ly. He is the Provider of All. I believe that Energy supplies all life and the universe.
18
2.
I believe that differ ent fo rms o f ene rgy a nd of life and o f matter are expressed by different vibratory rates.
4. I believe th at e nergy mus t fl ow f rom a hi gher level to a lower level. (Not from a lower level to a higher one). 5. I believ e that everyth ing in the universe moves by a repeated impulse. 6. I believ e that there is no such thing as a continua l pulse of ener gy in our unive rse. (No cont inuo us pres sure or for ce all is in pulses or cycles). 7. I believe that the tr ansmiss ion of energy will be pulsating , not continual or steady but intermittent (in cycles). 8. I believe that flux or energy is curved outward while Expanding...and curved Inward ..........when contracting. I Believe that our breathing symbolizes this. 9. I believe that things will be in harmony with each other according to their vibratory rhythms or cycles. Things will attract and be attracted by vibratory rhythms in harmonies with its own rate (harmonics). Everything that you can see, hears, or touch (and the things that you can’t); everything you can be aware of in anyway is subject to cyclic law . 10. I believe that everything vibrates at, or responds to, or is moved in a certain definit e rhythm. .1. I believe that all life and universe is motion, movement, action, and oscillation. I believe that all motion is cyclic. I believe that it (motion) circulates to the limit of its possibilities (peak) and then returns (contracts) to its starting point. This is the law of cycles. 12. I believe that any thought or action that is initiated while this impulsing energy is gaining momentum (in its cycle)
carries along quite easily toward success; while those thoughts or actions begun in a descending cycle (when impulsing energy is losing momentum or waning) are reduced due to the reverse cycle of momentum. 13 • I believe that everyt hing in the universe has a cycle of existence distinctly its own (like fingerprints, voiceprints, etc.). 14. I believe that all life has cycles, which begin at its (the life ’ s) inception.
19
15- I believe cycles vibrate at different rhythms (rate of motion). Low thoughts vibrate at low rhythms. High thoughts vibrate at high rates. Create and hold high thoughts. 16. I believe that the cycles of day and night, tides, and seasons of the years are symbolic of the law of cycles. 17. I believe everything
there
are
cycles,
rhythms,
seasons
for
in the universe and life. 18. I believ e there is a mystic pat seasons.
ter n behind all cycl es and
19. I believe that this invisible design is set through the natural l aw of cycles (vibration).
into motion
20 . I be li ev e th at thi s la w of cycl es say s th at the re is a time for everything. There is a time for all things under the sun. 21. I believe that there is a most favorable time for something and I believe that there is a least favorable time for something. 22. I belie ve that w hatsoe ver thi ng you are doi ng at a parti cular time - it should be done only, completely, solely, with all concentration, attention, focus, awareness, zeal, enthusiasm, and imaging (mind picturing). 23. I believe that when you do one thing you shoul d not think of something you will do at another time. 24. I be liev e th at the re is a time for all thi ngs . A time to sow, a time to harvest, a time to go to bed, a time to get up from bed, a time for everything under the sun that is in
accordance with God ’s Natural Laws. I believe that this and the law of cycles are also symbolized by the Sabbath. 25. I belie ve that you pl ant whe n the time or s eason or c ycle is favorable (gaining momentum). When the time, season, or cycle is not favorable (waning momentum) you should wait until it is again favorable. 26. I belie ve that the re is a tim e to be act ive and a time to refrain from action. 27. I belie ve that ther e is a tim e to be talk ing and a time to refrain from talking. 28. I belie ve that the cycl e of lif e and bas is of the unive rse is symbolized by breathing, wind, waves, and pulsating vibrations in energy. 29. I bel ieve that thou ght s, effor ts, work , and anythi ng can be most efficient by pulsating in rhythm with natural relaxation and ease. 20
30. I
bel ieve
Go d ’s
th at
law
of
the
Sabbath
expresses
this pulsating cyclic rhythm. 31. I believe that the seve
nth day should b
e set aside for rest
and contemplation of the past week, and thanks for the good accomplished, and thanks and worship to The Source of All Supply, and for a break between cycles of weeks. 32. I bel iev e tha t the re is a cos mic plan , wh ich enco mp ass es all of creation.
I believe its principles are:
1. ORDER - In natur e all things ev olve und er syst em of order. 2. HARMONY
-
Universe
operates
under
beautiful
harmonious system 3- BALANCE - Nature is balanced in her parts. 4. INTELLIGENCE - A reflection and expression of God. 5. GROWTH OR EVOLVEMENT- Must growplusor minus. 6. ATTRACTION - All things attract elements required after needs set. 7.
FULFILLMENT AND DISINTEGRATION - When usefulness
(cycle complete) ends. 33• I believe that there
is a rhythm for every person.
34. I believe t hat when one develops
(finds) his rhythm, hi s
harmony, he becomes a flowing whole. 35. I believe that the da may break his
nger of sid eline tempta tions is that one
stride
(rhythm) when
one
steps out of his
rhythm; and it may be difficult to regain it when one steps back in . 36. I believe th at the circle sy mbol izes rhyth m. 37. I belie ve that rhyt hm is
expan ding
when
there
is
little
resistance
and
not
attempting
expansion
contracting or there is great resistance.
when
cycle
is
Rhythm is not going
against the tide of nature. 38. I believe th at in order to get yo ur rhyth m, you mus t:
1. Decide on a purpose or objective (in or with your
life). 2. Get into the rhythm of thinking of God ’s Natural Laws. 3. Get into the rhythm of giving (using) what you have at hand. 4. Then s tart exp ecting to reap o r harves t, beca use you have sown. 39” I believe that accomplishment, health, and happiness are easier if you move through your own rhythm. I believe, then, that the above is the law of cycles. First give - then receive (after really giving, then expect to receive). This is the law of cycles. It (the cycle) starts at a point
(you), goes out to a peak (you give), and then it 21
Comes back to where it started (you receive back what you sent out, plus interest (momentum of the cycle)). All the other law s also e xpress th is . It i s als o expr essed by "As yo u sow , so sh al l yo u rea p". Th e cir cl e als o expr esses it. Time an d space are cur ved. • X. SUMMATION
1. I be li ev e th at the natu ra l la ws of God are the trut
hs,
which have caused all good accomp lishments throughou t history. I believe that these laws must be lived by and practiced. 2. I believe that I and all other men, wome n, and children have a spirit housed in our bodies. I believe that this Spirit is the life force and is endowed by God and is a part of God. 3- I believe that man, being created by God, in the image and likeness of God, has been endowed with the Spirit of God in our subconscious and that man possesses as a result, a part of the creative powers and energies of God. 4. I believe that these powers can be most effectively used when they are channeled in accordance with God's Natural Laws as expressed in this Creed. 5. I believe that God’s Laws are the most wonderful laws in the universe. END
22
APPENDIX VI "MASTER TIME FACTOR CHARTS OF THE DOW-JONES AVERAGES" MADE BY EVERYMAN'S INC. JULY 1983- COPYRIGHT 1983. BACKGROUND: THERE ARE THREE SHEETS OF THIS MONTHLY CHART OF THE DOW-JONES AVERAGES. THEY DATE FROM JANUARY 1901 THROUGH THE PRESENT TIME (JULY 1983). THE PRICES ARE THE LOW CLOSE AND HIGH CLOSE FOR THE MONTH. SHEET 1 IS 240 MONTHS OVER IN TIME AND PRICE SCALE IS $1.00 PER UNIT OF PRICE. PRICE ON SHEET 1 IS COVERED FROM $0.00 THROUGH $240.00. TIME IS 240 MONTHS (20 YEARS). THE YEARS ARE LISTED AT BOTTOM OF SHEET AS 1ST, 2ND, 3RD, ETC. THROUGH 20TH. IT IS COLOR CODED. OH SHEET 1, 1901-1920 IS COLORED YELLOW; 1921-1940 IS COLORED RED; 1941-1960 IS COLORED GREEN. SHEET 1 IS PLACED ON SHEET 2 AT $240.00. SHEET 2 IS 240 MONTHS OVER IN TIME (SAME AS SHEET 1), BUT THE PRICE SCALE ON SHEET 2 IS $2.00 PER UNIT OF PRICE. PRICE ON SHEET 2 IS COVERED FROM $240.00 AT THE BOTTOM TO $720.00 AT THE TOP. ON SHEET 2 RED IS TOP OF 1901-1940 CYCLE; GREEN IS PART OF 1941-1960 CYCLE THAT BEGAN ON SHEET 1; YELLOW ON THIS SHEET IS THE BEGINNING AND PARTS OF 1961-1980 CYCLE. SHEET 2 IS PLACED ON SHEET 3 AT $720.00. SHEET 3 IS 240 MONTHS OVER IN TIME (SAME AS SHEETS 1 & 2), BUT THE PRICE SCALE IS $3.00 PER UNIT OF PRICE. PRICE ON SHEET 3 IS COVERED FROM $720.00 AT THE BOTTOM TO $1440 AT THE TOP. ON SHEET 3 YELLOW IS PARTS OF THE 1961-1980 CYCLE; RED IS THE BEGINNING TO CURRENT TIME OF THE 1981-2000 CYCLE THROUGH MID-JULY 1983. THESE 3 SHEETS ARE MEANT TO BE STACKED ON TOP OF EACH OTHER IN 1,2,3 FASHION. IN OTHER WORDS, EACH YEAR ZONE FROM 1ST YR THROUGH 20TH YEAR IS PLACED IN LINE VERTICALLY ON EACH OF THE 3 SHEETS AT THE PROPER 1,2,3 ORDER.
IF YOU WANT TO CONTINUE TO KEEP THIS CHART UP, ALL YOU NEED TO DO IS TO TAKE THE HIGH CLOSE FOR THE CALENDAR MONTH AND THE LOW CLOSE FOR THE CALENDAR MONTH AND COLOR IN RED BETWEEN THOSE POINTS. THIS CHART IS NOT BASED ON THE MONTHLY HIGH OR THE MONTHLY LOW, BUT THE MONTHLY HIGH CLOSE AND THE MONTHLY LOW CLOSE. THE REASON FOR ! THIS IS THAT THE DATA BACK IN THE EARLY 1900 S WAS ONLY
AVAILABLE TO ME IN THAT FORM AND I NEEDED TO KEEP THE CHARTS CONSISTENT.
APPENDIX VI
,
APPENDIX VII WEEKLY CHARTS SHOWING MASTER TIME FACTOR PREPARED FOR Everyman’s
INC.-BY NEXUS RESEARCH
INC. BACKGROUND: THESE CHARTS ARE WEEKLY CHARTS OF THE DOW-JONES AVERAGES FOR THE THREE YEAR PERIODS HAVE 1 941- 194 4, 1 961- 1964 , AN D 1981 -C UR RE NT . THEY ARE BASED ON THE ACTUAL WEEKLY HIGH AND LOW INSTEAD OF THE WEEKLY HIGH CLOSE AND LOW CLOSE. I HAVE DRAWN THE 1ST, 2ND, 3
RD, AND 4TH YEAR ZONES ON
THEM SO THAT YOU CAN STACK THEM ONE OVER THE OTHER BY THEIR YEAR ZONES SO THAT YOU CAN SEE FOR YOURSELF HOW THE MARKET HAS BEEN REPEATING. IT IS VERY USEFUL TO BE ABLE TO JUDGE THE MAIN TREND BY THE MONTHLY CHART AND THEN LOOK FURTHER BY GETTING DOWN INSIDE THE MONTHLY CHART TO SEE THE MORE TRADEABLE SWINGS IN THE WEEKLY CHART. FOR RESEARCH AND TRADING GOOD
ACCURATE CONSISTENT DATA AND A PLOTTER AND PLOTTER PROGRAM ARE INVALUABLE. THESE CHARTS WERE PREPARED USING 'CHARTIST 1, A MICROCOMPUTER SOFTWARE PLOTTING PROGRAM FROM:
NEXUS RESEARCH INC.
P.O. BOX 1024 DILLON, SOUTH CAROLINA 29536 PHONE (803-774-7006)
APPENDIX VII
"WISDOM"
Happy he who has found wisdom, And the man who has acquired understanding; For wisdom is more profitable than silver, And the gain she brings is better than gold. She is more precious than red coral, And all your jewels are no matches for her. Long life is in her right hand, In her left hand are riches and honour. Her ways are pleasant ways And all her paths lead to prosperity. She is a staff of life to a ll who grasp her, And those who hold her fast are safe. In wisdom the Lord founded the earth An d by un de rs ta nd in g he set th e he av en s in th ei r place ; By his knowledge the de pths burst forth And the clouds dropped dew. My son, keep watch over your ability and prudence, do not let them slip fro m sigh t; they s hall be a ch arm hung about your neck. And an ornament on your breast. Then you will go your way without a care, and you r fee t wil l no t stu mbl e. When you sit , you need have no fear; when you lie down, your sleep will be pl easa nt. Do not be afr aid when fo ols are frigh tene d or wh en ru in co mes u pon t he wi cked; f or the Lor d wil l be at your side, and he will keep your feet clear of the trap . Refuse no man any fav our that yo u owe him whe n it lie s in you r pow er to pay it. Do no t sa y to your f riend, 'Come b ack again; you sha ll ha ve it tomorrow'-w hen you have it already. (Proverbs)
