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Who Was OROLO?

Who Was OROLO?

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Published by romeman
This booklet presents 13 advertisements by a trader and analyst using the pen name OROLO, which were published in 1909, in some cases only weeks before W. D. Gann, the legendary analyst and trader, gave his interview to the Ticker and Investment Digest. Both OROLO in his ads and Gann in his interview claim to be using the Law of Vibration to make accurate predictions of market movements. Could OROLO be a pen name for Gann?
This booklet presents 13 advertisements by a trader and analyst using the pen name OROLO, which were published in 1909, in some cases only weeks before W. D. Gann, the legendary analyst and trader, gave his interview to the Ticker and Investment Digest. Both OROLO in his ads and Gann in his interview claim to be using the Law of Vibration to make accurate predictions of market movements. Could OROLO be a pen name for Gann?

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Published by: romeman on Nov 25, 2011
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07/05/2013

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WhoWas
OROLO?
REVISED EDITION
This E-Book is not to be sold.
It is a free educational servicein the public interestpublished by
The illustration appearing above is a creation of Gannstudygroup.The second wave is a numerological representation of the name OROLO.
 
In some issues of The New York Herald in 1909, an analyst and trader using the pseudonym OROLO advertised newsletters, in which he made time and price predictions for various stocks and commodities, based, he said, on the Law of Vibration. Many known facts about the life of W. D. Gann are in harmony withthe statements and claims made by OROLO to the point that we would be well justified in suspecting that they were one and the same individual. But since weare unable to present any absolute proof that OROLO and W. D. Gann areidentical, we have to limit ourselves to expressing the strong belief that they arethe same person. The following items are transcripts of 13 OROLOadvertisements (the only ones found so far), with commentary upon them presented in footnotes. After each transcript, the original ad is reproduced.
+ + +The New York Herald, Thursday, April 15, 1909."BULLS AND BEARS"I am the only scientific expert on cotton, stocks and grain
1
who keeps yourloss limited to one point and shows you how to get 5 to 20 points profit.Your money refunded if not satisfied. Give me a trial this week. $3; onemonth, $18. Rush remittance, get cream of a big move. Address OROLO,120 Liberty st."
2
 
1OROLO calls himself a “scientific expert”. In his interview with The Ticker and Investment Digest inDecember 1909 (hereinafter referred to as “the Ticker interview”), issued only months after thisadvertisement by OROLO appeared, W. D. Gann said that what he taught and practiced was the way “tospeculate scientifically”. In 1919, a decade after the Ticker interview, a reporter stated of Gann: “He does notwant to be regarded as a prophet or a seer, but rather as a man of science.” (The New York Herald Magazine, Jan. 5, 1919, p. 15, hereinafter referred to as the article in The New York Herald Magazine). An advertisementfor Gann's newsletter, published in the Plain Dealer of Cleveland OH on April 9, 1922, said in the openingparagraph: "Don't try to guess the top; quit gambling on hope; follow Science and know; then you will haveno regrets." At the time of the 1929 crash and the early years of the Depression that followed, Gann'scompany was called W. D. Gann Scientific Service, Inc. or W. D. Gann Scientific Inc.2It is a striking to note that the successor to The Ticker and Investment Digest, called The Magazine ofWall Street, had its editorial offices at 120 Liberty Street, sometimes identified as 120-122 Liberty Street, asearly as 1913 and possibly before. The Ticker, however, at the time of the interview with Gann, was located at2 Rector Street.
 
+ + +The New York Herald, Sunday, April 18, 1909."FREE TIP.
3
"Believing in the proverb 'Impossibility is the logic of fools,' I have provedafter nine years of scientific investigation that it is possible to know everymove the markets make.
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It is a scientific problem, not guess work, asmany believe.
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I have investigated all 'Systems,' found most of themworthless to the average trader and none of them perfect. I investigatedastrology and kindred sciences to learn the law of the movements in themarkets.
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In them all there was something lacking,
7
and not until I struck
3
The headline is evidently sardonic. In a future advertisement OROLO will say that he gives no insideinformation (i.e., tips). As will be seen from a reading of this ad, the tip in question is the offer of a free issueof his newsletter, which was prepared, as we have seen, by a "scientific expert".4At the end of the year, Gann would say in the Ticker interview: "For the past ten years I have devotedmy entire time and attention to the speculative markets. ... After exhaustive researches and investigations ofthe known sciences, I discovered that the Law of Vibration enabled me to accurately determine the exactpoints to which stocks or commodities should rise and fall within a given time."5On the very first page of
Truth of the Stock Tape
, published in 1923, W. D. Gann says that people whofollow tips or who guess have no possibility of being successful and he goes on to say that the winners willhave a "plan based on Science and Supply and Demand". Gann inveighs frequently in his writings againstguesswork, which he sometimes spells as one word and sometimes as two.
6
W. D. Gann, as early as February 1914, was on the Zodiac Council of The Astrological Society, Inc.,N.Y. http://www.bonniehill.net/pics.aux/gann/AstrolBulletina.jpg . 7OROLO says that astrology is lacking without the Law of Vibration. Although Gann was known tobe a master astrologer, he also admitted that astrology could fail, if practiced in isolation without the Law ofVibration (which he says was known to the astrologers of old but not communicated by them to theirreaders). In the article in The New York Herald Magazine, Gann said: "Some weeks ago I read an interestingarticle on the failure of astrologers in their predictions regarding the war. Now there is a great deal in thevibrations of the planets, but to make accurate predictions the great law behind it all, which the ancients

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