Professional Documents
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The Seeker 1983 Master Time Factor
The Seeker 1983 Master Time Factor
"
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,
'
We know of it only by report.
1
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 said-
"
big
circles 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 mar-
kets 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 experiences in both the markets and in life.
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 before the 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 STORY
11
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 se-
ries of practically meaningless numbers and rules, which were
devastating if used in the markets.
One of the reasons that made the story curious and strange
was that I already had the key to find the Master Time Fac-
tor, but I hadn
'
t looked at it or read it in years. I paid
"
my friend
"
for something he 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 try-
ing to buy from him-the thing that he did not have; but
which I already had and gave to him. Neither of us knew it
at time. Even today, two years later, he will not know the
value of 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
Master Time Factor, 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
"
The Seeker
'
s Creed
"
.
It is in Appendix V in the Appendices.
Until this very day
"
my friend
"
was the only person I had ever given My Creed to.
Now, I give it to 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 GOLDOR
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
Chapter 8 - Here Is A Path. You Could 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 -
"
Forecast-
ing
"
(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 pe-
riod 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 par-
ticular. Farmland prices were climbing sharply in my area
and most of the buying was by large farmers and profession-
als 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 fi-
nancing was done primarily by the local farm lending agen-
cies and in many cases the lenders were loaning 100% of
the then inflated values. I did not see how this ever
escalating cycle could continue. I began disposing of my
inventory of farms and land and shedding myself of debt. I
simply felt uncomfortable and could no longer bring myself
to buy except on options- which 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 this in the
real estate market that I was used to operating in. Also,
I wanted something that would require no inventories to be
financed, no employees to be responsible to, and as little
overhead as possible.
Someone, I have forgotten whom, mentioned to me one day that I
should consider the stock market, or even better, the commod-
ity markets. I had purchased some stocks several years
earlier but they did not turn out to be that successful
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 mar-
ket.
I did begin thinking about the commodity markets, though, and
I thought, here is an ideal' business for me. I like buy-
ing 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 corn. I knew ab-
solutely nothing about commodities. I didn
t even know to
figure out the price fluctuations. 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 com-
modity trading before I put out more money. So, I pur-
chased my first book on commodity trading through a mail order ad-
vertisement. 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 em-
barking on. The whole vacation I read that book. And read
it. And read it. The vacation passed and I came home and or-
dered 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 knowledge about trading and that once I
learned the "language of the market" I would no longer
have trouble understanding. Later, I learned that others
had that same difficulty too.
During the Summer of 1979 I studied my Gann book and Gann Com-
modities Course. I began spending more time studying it than
I did in my real estate business. This may have been a
good thing because the farm real estate market topped out
in the fall of 1979 and has been down every since. Our av-
erage sales have gone from approximately $1900 per acre
down to the present average of approximately $1000 per
acre. 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 un-
derstood most of Mr. Gann
t believe it today.)
This presentation on astrology probably turned me off on
astrology more than any other one thing. I could not bring
myself to study something so ridiculous. I knew that there were
valid tenets and observations in all old and ancient beliefs
but I just would not believe that the prices of beans and
other commodities could be judged by these "signs and
houses".
The most useful and important benefit to me of this semi-
nar was the people I met there. Three or four of those
people have turned out to be very good friends and I
would never have met them had I not attended the seminar.
While attending this seminar I heard several "day-
traders" talking about how they used Gann successfully
in their day trading activities. And I heard someone
say that a ticker 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
could acquire that "experience" and learn in weeks what
was to have taken years. I got one that gave me hardcopy
so that if I had to be out during part of the day I
would be able to study each trade at the end of the
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 Union 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 be-
cause I had made some profits trading them (more than on
anything else).
For several months I day traded beans and bonds. I at-
tempted to use all the angles and time periods and rules.
My success was marginal. I made some profits on balance,
but after deducting the cost of the quote equipment I
could have made 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 results. I
really knew all the time though that Mr. Gann cau-
tioned against short term in and out trading and that
it was not fair to apply his rules to day trading.
One thing that I definitely learned was that for me day
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 business, my friends. Af-
ter looking back, I believe that day trading as I was
doing is the biggest waste of time and money that I can
imagine. I have a friend that still day trades. He
has for seven years. He has not made any large amount of
money but he continues to day trade every day that the
markets are open. After the market closes he studies
the charts and the markets until midnight and the wakes
up the next morning and is at his 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 of-
ten. Even when I was not day trading but using the
ticker to time position trades, I found that watching
the ticker gave me the urge to try to trade every
swing. I got to the point that I just wanted to trade
all the time. I am sure that there must be someone who
has been consistently successful as a day trader, but I
have never 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 possessions.
During the time that I was day trading and watching the
ticker I kept studying all of Mr. Gann's books and
courses. By this time I had purchased every book and
course of his that I could find. I was trying to find
someone who actually knew him and that had taken personal
instruction from him. I was able to find a man that
worked for him at one time. But that gentleman did not
want to talk. I have always desired my own privacy so I
understood. I was able to locate Mr. Gann
s son. I made
a trip to see him. He was a very nice and distinguished
looking gentleman. You could tell that 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 picture of his father
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, but I can
tell you that it was very difficult not to ask him. I did
ask him what he thought was the most useful part of his
father
s
work. He told me that he thought that his fa-
ther's research and work on time cycles was the most im-
portant work that his father had done. He also told me
several other things about his father. He felt that
his father's work and life had been commercialized. I
also did not feel inclined to ask him about any per-
sonal details of his father
s
life. I did ask him as I
was leaving if he could give me any advice about the
markets or the use of the master time factor that Mr.
Gann used. He told me that his advice to me was invest in
the stock and securities market, under good competent coun-
sel^ and to refrain from speculating in the commodity
markets at all. He also told me that "there was no such
thing in science or nature called a perpetual motion ma-
chine", that people had looked for one throughout his-
tory, 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 un-
derstand more about Mr. Gann and his trading philosophy.
I tried to reproduce what I could of the books that Mr.
Gann had on his reading list and the ones that he sold.
I searched all over the country for certain books and
publications. With great effort I was able to find the
books that I wanted. During my search for Mr. Gann
s mas-
ter time factor, I purchased and perused over 2000 books and
manuscripts. I purchased as near as complete set of
C.B.O.T. annuals as I could find. My set had most years
from 1887 through 1950. I wanted to verify everything
that I could about 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? OR MORE APTLY
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 search for the master time factor? Would you ever want to
hear of the commodity markets or the name Gann? You, being an
unemotional passive observer to what I have related to
you so far, are probably saying, "serves him right-anyone
that foolish". You would also point out, being the astute
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 something which had distorted his per-
spective towards reality about the markets, the master
time factor, and in fact, life in general. Well, if you
came to these 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 some-
thing 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 that keep
us from making profits in the markets. If we continually
incur losses in the market it is BECAUSE OF OUR ATTITUDES TOWARDS THE
MARKETS WHICH HAVE DISTORTED OUR PERSPECTIVE OF THE MARKETS, OF REALITY, AND OF
LIFE IN GENERAL.
And ho w have we gotten to this point where our attitude
has turned into our perspective and messed us up? We got
there the same way I did- day by day, degree by degree, bad
habit by bad habit, misplaced striving by misplaced striving,
wrong 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 preceding sentence? What have we done? We have
SQUARED 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 defini tion of squaring
a numb er, element, set, or anything. What
'
s worse we are do-
ing it day by day, and degree by degree, which means that we
are squaring these bad habits and erroneous ways of attitudes,
thinking, and perspectives by time too. And what are squares?
They are building blocks (even on charts) of equal height
and equal width and equal length. They are also the base
or foundation for the next square up. Now if our base or
foundation is built out of bad habits, mistakes, wrong
thinking, and wrong action- how can we ever hope to accom-
plish anything (in the markets or life) other than what we
have created already?
There is only one way that I have found. It is the ti-
tle 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 at-
titude, habits, and perspective. I had to tear everything
out- tear it all down and clear the base
13
and foundation. I had to destruct it all. And most dif-
ficult of all, by far (that "by" means distance multi-
plied by itself), I had to tear down my emotions, feel-
ings, ego, and intangibles that came closest to what I
thought that I WAS. My essence- as close as I could.
If I had stopped to think after a short time in the mar-
ket when the profits were not coming in the way they should
have been in any successful business, I would have real-
ized the above mentioned truths many months and many thou-
sands of 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 proved this to you yet?
W
PROVE ALL THINGS AND HOLD FAST TO THAT WHICH IS GOOD", (for your in-
formation at this point, "prove" also means to square). Now,
I didn't say quit trading, I said STOP TRADING. If you
are not making profits, why are you trading? Why was I
trading, if I were not making profits? 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 un-
derstand don't you? The longer you continue trading and
losing, the 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 have to do the same thing that I had to
do. You will have to tear down back to the foundation or
base and clear up the debris and lay a good new foundation
and then build again- build a good building on a good founda-
tion- one that will allow you to scale new heights!
At this point I need to digress again for three or
four paragraphs. When I left you at the end of the previ-
ous 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 devas-
tated. On top of that I developed a health problem in the
late summer of 198l-all at the same time that I had fi-
nally 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 necessary provisions for any unforeseen long
term illness. So I had this whole situation to contend
with in the middle of the most severe real estate downturn
that I had ever lived through. Most of my remaining assets
were In real estate. I hope that I have given you a clear
enough picture 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
vitality 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 be-
liefs that I compiled over ten years ago. None of these
beliefs are products of my mind, but they were compiled 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 es-
tate business and I realized at this point that what I,
needed was a new strong foundation based on common sense
and 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 fac-
tor. In fact, it seemed that I had forgotten everything in
my search for the master time factor. I have also called
my creed "The Seeker
s and this
is when I resolved that when 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 reveal it i f it
turned out to be worthwhile to others.
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 bad times. Now
through living my creed I had the confidence to know that I
would do the same things in bad times that I would do in
good times. I would meet the demand of others by being sup-
ply. Also, I would go back to the commodity markets but this
time with a different perspective and attitude. I would go
back to studying Mr. Gann
t get
anything else out of my material, it will be worthwhile 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 markets and in life as we react to our
knowledge which is based on our vision which is based on our
attitude. Tills previous sentence is the most important
truth that I will be able to offer you in this booklet.
Perhaps you have already realized this and it doesn't
see-m important to you. 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 already and I
learned this 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
t find it or
hadn't found it then it was useless for me to try to use
astrology to find the master time factor. My error again,
IMPROPER THINKING, as always. You and I have all that we need
to do anything. We Just need to realize where our source
of supply comes from and then allow it to work. You can
read about this source of supply in
"
The Seeker's Creed".
Reading doesn't do it though, you have to practice whats
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 this chapter please 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 "mind-
set" 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 quota-
tion. 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
CYCLES
11
. 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 hunters had a rule that when
they
were searching to locate an animal in his den, they al-
ways followed 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 men-
tioned above gave me precisely the directions to the path
that would lead me to the master time factor! I saw from
that quotation that I needed to get into astrology some
more and that further I needed to trace back in time the
things Mr. Gann had said about time and see if I could
track him back to his lair. I had documents and frag-
ments of unpublished materials and his books and courses. So
I could date most of the things he had written. I would take
the latest material first and then go back into time to
his earliest material and see if he always said the
same things in the same way. Furthermore, I had all kinds
of old astrology books that I had purchased earlier but had
not really gotten into; so I would look at astrological
cycles and let the signs and houses go.
Excuse me for jumping around again, but here's another side
trip, and we will come right back. .1 have been on many many
paths searching for the master 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 talked with an elderly gentleman one time and he
said that he 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 what I could find
out about Mr. Johndro. It was my intention to see if I
could find him and if he had already died, I intended to
try to find his family and see if he had left any papers.
I called the American Federation 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 these offi-
cials. I did not pursue the matter further from here. The
gentleman in New York said that he was not interested in
talking about financial astrology except to say that Mr.
Johndro had some very Interesting ideas on it. I tried
reading Mr. Johndro
'
s work several times but I did not have
a good enough foundation (preparation) to understand it
very well. I noticed that the cover on his booklet "A New
Concept Of Sign Ruler ship" appeared to resemble some of Mr.
Gann
ve
been talking about)- it took me so long to clearly see
that each and every one of Mr. Gann
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 the most
important time cycle is the 20-year cycle. He also says
that the next major cycle is 30 years, which is caused by
the planet Saturn. SEE IT? He says the same thing from his
earliest writings to his last writings. Saturn and Jupi-
ter.
I knew now that I had finally learned what Mr. Gann's time cy-
cles were. I had also found out that they were the same ones
that all astrologers had used from time immemorial. But that
still didn
s Master Time
Factor that has yet been put in print. I already know that
I have not done as well as I had hoped. I feel that part
of the cause for this relates to the nature of the mate-
rial that I am dealing with. There has been tremendous mys-
tique built up about and around Mr. Gann. Part of this
Justly, because he was a remarkable man; but part of it has
been built up to allow the commercialization of his works. I
am participating in that commercialization (gosh, that's
a long word, do you realize it has 17 letters in it?)
right now at this 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 a good place 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 mate-
rial 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 as I
have given you in Appendices III and IV. And in those two
beautiful pieces, he didn
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 commercialization has indicated that it
was, or that "formula
11
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 de-
signed 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 there too. I found that the Bible is Indeed a book of natural laws. Read the
above verses and you will SEE EXACTLY what I have been trying to say. If you are a "seeker",
and you are, otherwise, you would not be reading this booklet, "A SEEKER" WILL LOOK AT
ANYTHING, 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
DONT SEEK, BECAUSE THATS 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 this story has been to bring you, some
of my readers, to this exact point. We have been building
a foundation for YOU, a "sp ecial pai r of g lasses", if you
will, so th at you can see at this point in time with your
filters and blinders removed. The reason that I have had to
take so much time with this preparation (foundation) is that
I had to assume that some of you may have been in as "bad
of shape" as I was.
The second of those two related problems that I started the
above paragraph with relates to the fact that I realize
that my "style of wr itin g", if you want to ca ll it that,
makes i t diff icult for you to follow my train of thought.
I know that I "jump around a lot" when I am trying to tell
you something. And I know that it makes it harder for you to
SEE when I am jumping so. If you want to know the REAL REASON
for this jumping around, though, it is because I am simply writ-
ing this "THING" as it "comes" to me what to say to you. I
appreciate your forbearance with me to this point. I ask
that you just allow yourself to watch from here forward;
and with as unjaundiced eye as you can possibly muster. Don't
fight it, if it is not what you were looking for; REAL
TRUTHS are seldom what we think they should be; THEY ARE BETTER; it's
our vision and understanding that is lacking.
Now, here comes the bad news. My jumping around is going to get
worse, because in my searching for a way to present the mas-
ter time factor to 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 goes.
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 that this was as good an explanation
of the master time factor as you are probably going to get
from Mr. Gann
t look at "FORECASTING
11
, I will ask you to look at the
sales brochure in Appendix III, Perhaps some of the
"light" that you refuse to see in Appendix IV may be "re-
flected" in Appendix III in "LEARN NOT TO LOSE".
The second thing that I need to do is to get your at-
tention. I will try to do this by asking you to glance
at my monthly charts of the Dow-Jones Averages. You will
find them inserted behind Appendix VI. When you are looking
at the whole (big) picture, you can lay them out on your
floor in 1,2,3 fashion with Sheet 1 (lowest prices)
nearest you or your feet, then Sheet 2 joins Sheet 1,
then Sheet 3 joins Sheet 2 and you have prices from 0 to
$1440. The scale on each sheet increases (you can do
scales anyway you want to when you know the master time fac-
tor, 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 looking at) prices. The
prices are not important in this example. I just want
to get your attention for a minute so that you will be
willing to look at what I am showing you about the master
time factor. Now, looking at the big picture for the years
marked 2nd, 3rd, 4th, and 5th year zones. Just look at
those year zones from the green color on Sheet 1 (thats
1942, 1943, 1944, and 1945.) Then look at the yellow
color on Sheet 2 (not the yellow on Sheet D-AGAIN, the
yellow on Sheet 2 (thats 1962, 1963, 1964, and 1965).
Lastly, look at the red color on Sheet 3 (thats 1982, we
are in 1983, and 1984 and 1985 are YET TO COME). Now, you
will notice that there is quite a (coincidental?)
similarity 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 your 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
t h a t I h a v e m a d e f o r y o u . T h i s p i c t u r e t h a t y o u h a v e
s e e n i n monthly and weekly PATTERNS OF MARKET MOVEMENT without re-
gards to prices should SHOW YOU THE VALUE OF STUDYING AND LEARNING THE
MATERIAL THAT I HAVE GIVEN YOU IN APPENDIX IV. YOU SHOULD NOW BE ABLE TO
GO BACK AND KNOW THAT EVERYONE OF MR. GANN'S TRADING RULES 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 JRULES 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. GANNS
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
format why he figured the top for then. Again, all these com-
ments and predictions are based largely on the master time
factor and if you study the rules about the calendar year
"1" through "10" or "0" as given on page F-6 in "FORECASTING"
in appendix IV, now, you will be able to follow every one of
his predictions as we talk about them in this brochure in
appendix III that we are presently 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 Jupiter-Saturn, the cycle that the master
time factor is based on reached approximate position of oppo-
sition 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 ac-
tion. 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 just what an as-
tute businessman Mr. Gann was. If he was going to make predic-
tions for a newspaper article (free publicity) he chose
deliberately to make them at a time right after
(shortly after the 9th of October) the blow-off top would
have confirmed itself. Not taking anything away from his re-
markable feat, but emphasizing how he probably used the
master time factor here at this point; I suspect that
he waited for confirmation (probably from the averages
and US Steel) to show that the top had been made and then
had his selection of trade prospects which he knew inside
and out, ready; then he had someone, (perhaps Mr. Gllley)
call
41
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 resistance 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 chart sheet 1, in yellow)
performed remarkably well for 3 points moves and divisional
points of resistance. Partly due to the nature of the
market then. Also, I would like to point out to you why I
think that US Steel was watched so much by Mr. Gann. Of
course, it had good volume (liquidity) over the years as
time passed by; but Mr. Gann began following it early. If
you will notice US Steel
s rules based on
42
this time factor.
Page 4-2nd para., right column- part where he predicts mar-
ket 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 typing. I am getting tired of typ-
ing. I am a seeker, not a "typer". Back to his rules 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 until
March and April;-"--also, while we are right at it look at
what he says in the rule above about calendar year No. 9-he
says, "No. 9 the highest digit and the 9th year, is the
strongest of all for bull markets. Final bull campaigns
culminate in this year after extreme advances and prices
start to decline. Bear markets usually start in September to
November at the end of the 9th year and a sharp decline
takes place. See 1869, 1879, 1889, 1899, 1909, 1919, and
1929-the year of greatest advances, culminating in the fall
of the year, followed by a sharp decline.
"
Now, look back
at page 4 in our brochure that we are analyzing. We saw above
that he had predicted top in October 1909, later we will
see that he predicts top for 1929 in late August or Sep-
tember. He says that top comes in the 9th year between Sep-
tember and November. How does he determine which month and date
that it will come. I speculate that he used some astro-
logical technique along with the confirmations of his rules
to pin point the top to a more specific time. I don
t
know. I know very little about astrology. But you don
t
have to know about astrology all you have to do is to be
able to look at a picture (the swings on the chart). See
how each year (he called them zones
W
1
M
through
W
20") looks:
when you just look at the 5th zone for instance. NOW YOU KNOW WHY HE
CALLED THE 5TH 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 saying the 5th year of the Jupiter-Saturn cycle and
the 15th year of the Jupiter-Saturn cycle, because the
first thing you always do with a circle if you are an as-
trologer (I don
t go any further
(opposition or 180 degrees); then when it has reached its
furtherest point out (action) it begins to retreat (separa-
tion at its widest begins to narrow back to the next con-
junction) back into its self. This is the law of all cycles
and it is sometimes expressed as the law of action and reac-
tion. This is symbolism of the circle and circle represents
nature (astronomy and astrology, cell division, time peri-
ods, life, anything). See my creed on the section about
rhythms and seasons and time (Section IX). So getting back to
his 20 year circle divided by two, gives you the opposi-
tion or maximum outgoing or separation from the base or the
blow-off which actually comes slightly before the 10th year,
sometimes in the ninth year the opposition generally takes
place on a mean
43
average of 9-93 years from the conjunction, but we have not be-
gun from the exact conjunction but almost one year earlier
January 1st, 1901 instead of November 28, 1901, 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 STARTED FROM THE PROPER PLACE. You understand? We are
starting our monthly charts from month of January, 1901 as
the first month of the cycle, while in fact the CAUSE of the
cycle doesn't start until November, 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 because we didn't know what we were watching in
the first place so how could we be consistent. Once you
have been freed by the knowledge of the master time factor
you are at liberty to depend on yourself, because being
free means you have the liberty to experiment on your own for
yourself and you wi ll not have to be afraid that your
sca le, or you r angle, or your time period will be off.
That is an example of what is meant by the TRUTH SHALL SET YOU
FREE. I know that this is hard to follow for some of you, but
come back to it and reread if often, the more you read it,
the clearer it will become. You will see new things and have
new understanding each time. For now just understand that when
we construct the master time 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 yearly time pe-
riods within the cycle that you are looking at; in this
case the 20 year cycle. And remember in here that we are di-
viding the circle (20 year circle) the way Mr. Gann divided
all his circles; first by 2 to get 120 months (10
years) and the opposition (actual); then by 4 to get the
5 year periods, the 5th year being the year of ascension
because it was the 90 degree angle or at the approximate
90 degree aspect (angles is the astrological word for aspects
and the word angles was used by old astrologers to indicate
the division of the circle on 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 conjunction) to 180
degrees (remember thats opposition or top), this time pe-
riod from
W
0
n
to 180 consumes 120 months or ten years; then it
starts down from opposition which is the new "0" in the 10
year cycle but only half way in the 20 year cycle but
it is at the top of the triangle and coming down to the
original base for the ending of one cycle and the begin-
ning of a new one. Since it is like a triangle within the
circle (or square), you have one 10-year period going up
and another 2nd 10-year period going down. Since the left
side of a triangle looks like the right side of a
triangle, just like your left hand looks like your right
hand, except that one is on the left and the other is on
the right you have similar yearly patterns going up the 1st
10'years and then 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 opposition of Jupiter-Saturn
that causes this phenomena in the markets to occur. This
is generally the blow-off year. And again the reason that
it comes in that particular year is because of 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 start-
ing 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 and 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 the left (backwards
in time) and say that the 9th year will be the blow-off
year (or top), or we could shift our reference point
two years to the left (backwards in time) on our charts
and now 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 USE OF THE CIRCLE, THE SQUARE, AND THE TRIANGLE. THE
ANCIENTS HID THESE WONDERFUL THINGS FROM THE UNPREPARED (NOT YET READY) BY PUTTING IT
OUT WHERE EVERYMAN COULD SEE' IT IF HE WOULD. But if he (Everyman) had
not learned the proper mindset; then he couldn't see this
beauty because he didn't know how to look. He just saw some-
thing of no value; yet the thing of 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 described. You may not
believe it now, but I have given you enough information in
this paragraph for you to acquire dominion over any market.
But, you must first acquire dominion over yourself. Once you
do that the market really becomes of inconsequential Impor-
tance. What a strange, curious, wonderful, beautiful world.
We seek in the markets for treasure, but that search when
concluded leads us not to gold but to something which we first
rejected as refuse; then this refuse when properly assimi-
lated into ourselves, gives us the ability to take the
gold from the markets almost at will, but then once we can
take it at will, it becomes Inconsequential to us. Don't
you find that a strange wonderful thing. I am not imply-
ing that I can do any of the above. I'm not there- by a long
shot. 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 work. I
ONLY WANT TO SHOW YOU THE PATH IN THIS BOOKLET, SO THAT YOU CAN HAVE THE PLEASURE OF
DISCOVERY FOR YOURSELF. I see now that I can barely cover the master
time factor in this booklet. There are so many other things
that I wanted to go over with you. But, all in due time.
At this point let me say again to those of you who are dis-
turbed by the astrology or astronomy references herein. If
looking at astrology disturbs you just ignore it; it
doesn't matter. ASTROLOGY DISTURBS ME TOO, but it makes sense to
me that there can be some causes of our behavior tied to
variations In our magnetic life fields and as a result
of this thought process, I can at least look and see if
there 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 have to mention astrology here,
because we are discussing Mr. Gann and the cause, use, past
history, and future usefulness of his master time fac-
tor. Mr. Gann was an astrologer and therefore we must dis-
cuss it. If you plan to use the master time factor in your
trading, then you at least need to know what the time fac-
tor is based on according to the man that developed it and
spent a lifetime developing rules to utilize its repeti-
tions. I can ASSURE you that 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 fore-
cast. "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 another 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 biblical and astro-
logical connotations of seven 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 discov-
ery 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 tell-
ing us more here than we first see. Here is one of my
favorite quotations: "Prove all things and hold fast to
that which is good." Well, it is sound advice for sure,
but did you know that it has another meaning to and that is
why he is saying Again WE Repeat: above it. "Prove" is an old-
time meaning for SQUARE and "things" is an old-time mysti-
cal meaning for circles. This quotation has dual meanings,
the second hidden under the 1st.
s MASTER TIME FACTOR. I HAVE GIVEN IT TO YOU. YES, GIVEN. I DID NOT
CHARGE YOU FOR MR. GANN'S MASTER TIME FACTOR, THAT WAS HIS 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. Gann
s 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 THAT 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. 3 Master
Forecasting Method
11
-he says,
"
This Method contains all of the 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 language! Even now after, you
would have ordered his No. 3 Course, he does not come out
and say this is my master time factor; but by studying
his advertising habits in the past, we know that this
thing that he calls in the advertising brochure "my se-
cret discovery of the Master Time Factor" and the words
that he uses in the lesson itself on page F-9, "my dis-
covery" tells us that he is now talking about the master
time factor. You see he left out the word "secret" in the
actual material, because 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
s trading system.
Again, I will summarize for those of you who want to compile
this 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
t trade
stocks, your brochure didn't mention beans, it only mentioned
stocks; if it doesn
t you?
It appears that there may have been a "shift" in the cy-
cles 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 trade times like these. But one question that
occurs to me is whether, 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 about earlier. I
have lots of Interesting research that I want to do now and
I am 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
Master Time Factor was my old discarded 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, it is 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 master time factor. (I already have,
but if I don
t care
if you and I use them. And I don
s Master
Time Factor. Yet, it seems only yesterday. But-when I
look in the mirror of life and reality, I see that time
has been here. My hair is beginning to gray and I can feel
that I had a wearisome journey in my Gann trip. But that's
the way it is with seeking. It takes time and it causes
you a few knocks and bruises (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
seekers, we just have three scores and ten (at the 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 we need to be sure that what we spend our time seek-
ing is worth the time that we have to pay for it with. Be-
cause, the final currency that we must use to pay for eve-
rything, is the time of our 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
thought 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 have 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 treas-
ures.
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 factor was; I had not even the slightest
doubt, but I had no way to properly prove it in Mr. Gann's
own words. Nor 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 OWN
WORDS.
THIS COPY IS HARD TO READ, BUT IT IS THE BEST COPY I COULD GET
FOR YOU. I FELT 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,
1983 AND IT IS THE FIRST TIME THAT I HAVE EVER SEEN THIS
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 "THE
SEEKER'S CREED". SEE SECTION IV. PARAGRAPH 21 OF THE SEEKERS
CREED
11
.
APPENDIX III
APPENDIX IV
"FORECASTING"
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
t
have it. Look-the part. Dress the part. Speak the
part. Act the part. Soon you will have the virtue.
This wonderful law 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 mas-
ters
at the same time". I believe this part of the law
is also
further emphasized by the law of specialization.
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 believe that heat produces action and action produces
heat.
I believe that heat causes uncomfortableness
and that
uncomfortableness causes heat. Heat increases motion. Ac-
tion
cause heat and therefore increases motion. Uncomfortable-
ness
is one of the catalysts of achievement. Action, di-
rected,
causes production of achievement.
17. I believe that resistance should not be offered to
directed
Action. Live spelled backward is evil. Any resistance
offered to 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 believe that when you love (first), you shall be
loved.
30. I believe that you must first give happi-
ness to get
happiness.
31. I believe that it is Gods plan to make man win happiness
through service, through adding to the happiness of oth-
ers.
32. I believe that your life and your environment is an im-
age of
what you gave (give).
33. I believe that what you have is an image of what you
have
given.
34. I believe that what you have today is an image of what
you
gave (or didnt give) yesterday (in the past).
36. I believe that what you give (sow) today, you will get
(reap) 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
will not get (reap) tomorrow.
39- I believe that the only limit to opportunities (means)
is the limit of human happiness (needs).
40. I believe that God gives me all I will accept.
41. I believe that fear shuts up or restricts or limits
channels
or entrances or doors through which I allow myself to re-
ceive
(God can supply from any source). Fear repels, holds on
to
what it has (stops giving and therefore loses what
it has)
and is contrary to the law of increase and expan-
sion. I
believe that Jealousy, hate, and envy are forms of fear.
42. I believe that to Increase or expand something you must
love
it, praise It, bless it, glorify it, give thanks
for it,
desire it, and image it in the attitude of these
emotions.
You must give (release) these feelings to your subcon-
scious
toward whatever you want to increase.
43- I believe that the law of increase says that
use causes Increasedisuse causes decrease.
44. I believe that a higher rate of motion (movement) (more
use)
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 Gods
Law. It is
sure. Like the sum coming up in the morning.
45. I believe that what you give, you will get.
46. I believe that what you think will happen because
thought 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 Im-
ages, 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 first step in using the law of in-
crease is
desire (to increase whatever you want; then use whatever
you
have, right now, whosesoever you are and whatever you are
doing. (Establish the need, and then use what you have to
create
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 believe that the law of increase works in direct
ratio of
your thoughts to the thing to be increased. (Think in
larger
sizes or units and increase is in larger sizes or
units -
think in smaller sizes and increase is in smaller
sizes).
50. I believe that the natural law of supply and demand is
that
there will be supply according to the demand. (In-
crease the
need (demand) - give what you have).
51. I believe that the law of increase is
started 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 ful-
fillment of
yesterday's desires - that which you will be tomorrow
will be
the achievement of todays visions and images and de-
sires.
53. I believe that with discipline you will do tomorrow what
you
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, power, love, money, health, etc. That I get is
the
amount of creative force, power, love, money, health,
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 believe that skill, power, resources, health,
mind, love,
and all things and emotions grow with use of them and
shrink
with disuse. (They grow because you give them and
thereby
create a need for more of the same).
57. I believe that it doesnt matter how small something is;
use
it (give it) and it will grow. The more used (given)
the more
it grows (increases).
58. I believe that the law of increase and expansion says
that
you must have faith (believe) that your com-
modity is
10
59-
60.
61.
62,
63-
64.
65.
66.
67.
68.
69-
70.
71.
Increasing. If you believe something you must act on
the belief. (Faith without works is dead (is not
faith).
I believe that the law of increase and expansion says
that the rate of motion causes increase.
I believe that the difference between all things in
the universe lies in their rate of motion (movement).
Everything in the universe is made of God
s Flux (en-
ergy); therefore, the difference between things must
lie in their rate of motion. (This is the basis of the
law of increase and law of attraction).
I believe that things with equal or near equal rate of
motion attract each other.
I believe that all positive and good things speed up
rate of motion. I believe that negative or evil things
slow down rate of motion.
I believe that something exhilarating to the spirit
speeds up rate of motion.
I believe that whatever your rate of motion, the ele-
ments of like quality will be attracted to you. Think
on high 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. (De-
velops a greater need).
I believe that the one condition coupled with truth
and life is its use - you must use it freely. You
must act on it.
I believe that the law of expansion and increase calls
for prayer. ("Praise The Lord and be thankful, that
then shall the earth yield her increase; with thanks-
giving let your requests be known unto God; rejoice, be
glad, praise, give thanks, these are the ways to in-
crease).
I believe that when you pray for something you must accept
it immediately and at once begin acting as if you al-
ready have it and start doing the things you would do
if you in fact did have it.
72. I believe that to get results you must think (con-
centrate)
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 believe that you must bless and praise what you give,
use,
or send out.
75. I believe that you must picture (visualize, image)
what you
want to increase and picture it increasing by your
using,
giving, and sowing it. (Into whatsoever house you enter
say peace
be to this house. Give your peace to all you contact.
Do more
- act the part).
76. I believe that the only thing that can increase or ex-
pand
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 your thought is the
measure of your power.
78. I believe that clear, forceful, directed, pure
thought will yield energy.
79- I believe that you control your destiny 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 pur-
pose.
3. I believe that the effect of the action is the pur-
pose of the
cause.
6. I believe that in order to go somewhere, you must know
where
it is that you want to go.
7. I believe that you can only go to where you want 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 look to find - and you will find
what
you look for (expect to find).
10. I believe that you get exactly what you expect. Exactly
what
you think. Exactly what you give (or have given).
11. I believe that you are what you expect you are (what
your
image of yourself is).
12. I believe that you will not be what you expect
that you
cannot be (what your image 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
VI. LAW OF PURPOSE
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
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 every-
thing. I believe that pure energy is
Infinite. I believe that Energy proceeds
from God.
I believe that God is the Source of All Supply. He is
the Provider of All. I believe that Energy supplies all
life and the universe.
18
2. I believe that different forms of energy and of life
and of matter are expressed by different vibratory
rates.
4. I believe that energy must flow from a higher level to a
lower level. (Not from a lower level to a higher one).
5. I believe that everything in the universe moves by a re-
peated
impulse.
6. I believe that there is no such thing as a continual
pulse of
energy in our universe. (No continuous pressure or force
-
all is in pulses or cycles).
7. I believe that the transmission of energy will be pulsat-
ing,
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 harmo-
nies
with its own rate (harmonics). Everything that you can
see,
hears, or touch (and the things that you cant); every-
thing
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 definite rhythm.
.1. I believe that all life and universe is motion, move-
ment, action, and oscillation. I believe that all
motion is cyclic. I believe that it (motion) circu-
lates 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 initi-
ated while this impulsing energy is gaining momentum
(in its cycle) carries along quite easily toward suc-
cess; while those thoughts or actions begun in a de-
scending cycle (when impulsing energy is losing momentum
or waning) are reduced due to the reverse cycle of momen-
tum.
13 I believe that everything in the universe has a cy-
cle of existence distinctly its own (like finger-
prints, 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 cy-
cles.
17. I believe there are cycles, rhythms, seasons for eve-
rything
in the universe and life.
18. I believe there is a mystic pattern behind all cycles
and
seasons.
19. I believe that this invisible design is set
into motion
through the natural law of cycles (vibration).
20. I believe that this law of cycles says that there
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 favor-
able time for
something.
22. I believe that whatsoever thing you are doing at a par-
ticular
time - it should be done only, completely, solely,
with all
concentration, attention, focus, awareness, zeal, enthusi-
asm,
and imaging (mind picturing).
23. I believe that when you do one thing you should not
think of
something you will do at another time.
24. I believe that there is a time for all things. 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.
3. Get into the rhythm of giving (using) what you have
at
hand.
4. Then start expecting to reap or harvest, because
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 cy-
cle)). All the other laws also express this. It is
also expressed by "As you sow, so shall you reap".
The circle also expresses it. Time and space are
curved.
X. SUMMATION
1. I believe that the natural laws of God are the
truths, which
have caused all good accomplishments throughout his-
tory. I
believe that these laws must be lived by and prac-
ticed.
2. I believe that I and all other men, women, 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 Gods 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
Everymans INC.-BY NEXUS RESEARCH INC.
BACKGROUND:
THESE CHARTS ARE WEEKLY CHARTS OF THE DOW-JONES AVERAGES FOR THE THREE YEAR
PERIODS HAVE 1941-1944, 1961-1964, AND 1981-CURRENT. 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, 3RD, 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 all who grasp her,
And those who hold her fast are safe.
In wisdom the Lord founded the earth
And by understanding he set the heavens in their
place;
By his knowledge the depths burst forth
And the clouds dropped dew.
My son, keep watch over your ability and prudence, do
not let them slip from sight; they shall be a
charm hung about your neck. And an ornament on your
breast. Then you will go your way without a care,
and your feet will not stumble. When you sit, you
need have no fear; when you lie down, your sleep
will be pleasant. Do not be afraid when fools are
frightened or when ruin comes upon the wicked; for
the Lord will be at your side, and he will keep
your feet clear of the trap. Refuse no man any fa-
vour that you owe him when it lies in your power to
pay it. Do not say to your friend, 'Come back
again; you shall have it tomorrow'-when you have it
already. (Proverbs)