my story a search for w d gann s master time factor
Post on 15-Jul-2016
274 Views
Preview:
DESCRIPTION
TRANSCRIPT
"WISDOM"
But where can wisdom be found?
And where is the source of understanding?
No man knows the way to it;
It is not found in the land of living men.
The depths of ocean say, 'It is not in us',
And the sea says, 'It is not with me.1
Red gold cannot buy it,
Nor can its price be weighed out in silver;
It cannot be set in scales against gold of Ophir,
Against precious cornelian or lapis lazuli;
Gold and crystal are not to be matched with it,
No work in fine gold can be bartered for it;
Black coral and alabaster are not worth mention,
And a parcel of wisdom fetches more than red coral;
Topaz from Ethiopia is not to be matched with it,
It cannot be set in the scales against pure gold.
Where then does wisdom come from?
And where is the source of understanding?
No creature on earth can see it,
And it is hidden from the birds of the air.
Destruction and death say,'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 markets and
the W.D. Gann trading philosophy. It is my hope that you can
benefit from my search and that I can show you a proper path to
take that will allow you both profitable and enriching
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 STORY11 was when I paid my "trusted
friend" for the Master Time Factor, which he did not have. He
just took my money and gave me nothing in return but a series of
practically meaningless numbers and rules, which were
devastating if used in 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 Factor,
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 trying 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 GOLD—OR THE MASTER TIME FACTOR!
"THE SEEKER"
August 8, 1983
TABLE OF CONTENTS
Chapter 1 - Introduction - My Story Begins...................................................... 1
Chapter 2 - Disaster For An April Fool............................................................. 8
Chapter 3 - What Next? Or More Aptly Where Now?.......................................13
Chapter 4 - "You Must Destruct Before You Can Construct". 16
Chapter 5 - 1 Begin Again ......................................................................... 19
Chapter 6 - Stock Market,Astrology,Mindset,Mr. Gann & Me. 24 Chapter 7 - 1 Discover
the Legendary Master Time Factor!. 35 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 - "Forecasting"
(The Master Time Factor Lesson) .
Appendix V - "The Seeker's Creed".................................................................................................................................
Appendix VI - Master Time Factor Charts Of The DJIA ...........................................
Appendix VII - Weekly Charts Showing Master Time Factor . . .
CHAPTER 1
INTRODUCTION
-MY STORY
BEGINS-
The first time I ever heard of W.D. Gann was in the late
spring of 1979- Looking back, I was in a transitional period
of my life. For the previous eight years I had made my living
in real estate brokerage and buying and selling for my own
account. I started with houses and then became mostly
Involved with buying and selling farms and farmland for
myself. I always have enjoyed dealing with farms and land
and I still enjoy it today. There is some undefinable
satisfaction for me in the process of buying and selling land.
I had several good years financially in my real estate
business, but in 1978, I began to become concerned about the
economy in general and the real estate market in particular.
Farmland prices were climbing sharply in my area and most
of the buying was by large farmers and professionals who kept
bidding up the price of any farm that came on the market.
In my opinion, one of the primary reasons for this was that the
agricultural lenders were encouraging farmers to "get bigger",
bigger machinery and bigger farms, because bigger was
supposed to mean the same thing as efficient. The financing
was done primarily by the local farm lending agencies 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 commodity
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 market.
I did begin thinking about the commodity markets, though, and I
thought, here is an ideal' business for me. I like buying 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 absolutely
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 commodity trading before I put out more money. So, I
purchased my first book on commodity trading through a mail order
advertisement. Will you believe that the first book I ever
purchased about commodity trading was a book by the name of "How
To Make Profits In Commodities" by W.D. Gann?
So, here I was- a man who knew nothing about the markets at all,
getting my introduction by W.D. Gann. I was "hooked " on Gann
from the very beginning. I remember, I received my copy of
"How To Make Profits-" on my birthday in June 1979 and I took
it with me on a vacation that my family and I were embarking
on. The whole vacation I read that book. And read it. And read
it. The vacation passed and I came home and ordered the W.D.
Gann Commodities Course.
The material in the book and the course seemed difficult for
me to understand at times and in places; but, I thought that it
was just the fact that I had not had any experience or
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
Commodities 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 average
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 understood most of
Mr. Gann’s rules and ideas but when I tried to put them into
practice they just did not work out that well. I couldn't tell
which top or which bottom to trade by. So I just kept
studying and at the same time I started buying other commodity
books and was studying them too. By this time I thought that I
had learned that the most important thing in the market was to
trade by following the trend of the market. The problem was I
could not determine the trend or by the time I did determine it,
it seemed to be going the other way.
I was trying to trade all the markets. When I saw something that
looked like a good trade, I would trade that market. I
really had no set of rules. I traded mostly by what I "felt" was a
good trade. My trading was not profitable by any means,
especially, if you consider the time and effort I was putting
into it.
I spent the fall and winter of 1979 studying Gann, occasionally
trading, never too successfully, but not losing any real
money. By this time I had ordered charts and advisory
services of all kinds. I had purchased many books about the
market. I had more money Invested In advisory services and
books than I had made in the market. They were all interesting but
none of them seemed to provide me with the necessary
knowledge to trade the markets successfully.
I had begun studying Mr. Gann's angles and squaring of price and
time. I had many problems deciding what was valid and not valid
with both the angles and the squaring of price and time. I had a
"Hewlett-Packard 38C" calculator which had a date function on it
that I found invaluable in calculating the number of days between
dates.
I decided to take the May Soybean Contract and learn all that I
could about it. I reconstructed a monthly and weekly chart
back to the time it first started trading. I calculated the
squares in monthly, weekly, and daily time periods from the
extreme low and high and from the opening of the contract in
1936. I could see some interesting relationships but always
in hindsight. I was not able to trade profitably or
consistently using the squaring of price and time. I spent
many weeks trying to find some method of using squaring of
price and time that I could make into a trading rule in line with
Mr. Gann's rules about price and time as I understood them. I
could not come up with anything. Then I looked at his rules
on angles. I ran angles on all the bean charts. I ran angles on
monthly charts back to 1936, weekly charts, and dally charts
as far back as I could get them. I spent considerable time
and money trying to get data that I could use and then making
dally charts by hand. Again, I saw some Interesting correlations
in hindsight, but nothing that I could "trade off of" in a
consistent manner. I wondered if the scale were distorted by
time and the difference in the range of prices today relative to
the time that Mr. Gann wrote his rules.
This led to my investigation of scales of price and their
relationship to Mr. Gann's rules. On a farm near town I had a
barn with a sixteen foot ceiling in it. I ordered Mr. Gann/s
original charts (weekly) that he had sold, then Mr. Lambert had
kept up to date and sold until Mr. Jones purchased the material
and which had been kept to the current time. These charts
were on the same scale on which Mr. Gann had based his rules.
I built a wall in my barn to accommodate these charts because it
was necessary for me to see what they looked like. It
required a wall 14 feet high for me to incorporate the May,
July, and November contracts. It was 53 feet long. The end
result of this was the same- interesting, but difficult to
utilize.
Next I tried trading by Mr. Gann’s rules based on his "mechanical
method and trend indicator". Again I had the same problem-
unsatisfactory results. Either I was using stops too close
or did not understand his rules properly. I must confess that I
was trying to mix all his other rules in at the same time.
Then I looked at his rules and comments on time. I had always
been intrigued by time and its meanings. Over the years I had
always had an interest in natural things and nature. History and
philosophy were of particular interest to me. Of course, I found
time periods everywhere. Too many of them in fact. I knew
that Mr. Gann said that the time factor was the most important
to observe and that when time was up look for the other
yardsticks to confirm time. My problem was that I could not tell
which time "was up" and which yardstick to look to confirm the
time. There were just too many times and too many yardsticks
for me.
Then I got into calendar time and market time. I concluded
from my reading of his material that he put greater emphasis on
market time than he did on calendar time because of his
descriptions about how to make charts. I went into great detail
and study of market time. I arrived at the same dead-end path
here. Then I studied calendar time. I did find that trend
changes of some nature were likely to take place
approximately every 45 days or so on the daily charts. The
problem was that they were usually a swing of some proportion
and again difficult for me to trade successfully.
Then I got into the squares and calculators and master charts.
They were like puzzles. I would work for days and weeks
trying to fit together one piece of knowledge from them. I
worked on them so much that I actually would see them in my
sleep. End result? Same old story!
Then in the summer of 1980 I attended a Gann trading seminar in
Florida. I took my wife and son with me. The seminar was well-
planned and it consisted of two parts. The first part was an
analysis of Mr. Gann ’s time rules as applied to the markets
today. The second part was a presentation on astrology. It
was an interesting and useful seminar to me, especially the
first part on time analysis. I listened to the part on
astrology, but, I Just could not believe that it provided any
answers on how to trade the markets in a consistent and
profitable manner. I could not believe that converting a price
to the longitude of a planet could possibly determine whether
that particular price as based on the longitude of a planet would
make top or bottom or meet resistance of any kind. (I still can ’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 seminar
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 because
I had made some profits trading them (more than on anything
else).
For several months I day traded beans and bonds. I attempted
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 cautioned 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. After 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 often. 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 person, 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 father's research
and work on time cycles was the most important 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 personal details of his fathers 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 counsel^
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 machine", that people had
looked for one throughout history, but that it Just didn ’t
exist.
I made several trips around the country trying to locate
various things and various people that could help me
understand more about Mr. Gann and his 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 master 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 references to the
various markets and the situations he was discussing. I
made a special trip to Hew York to a well known astrology
bookstore and I purchased $1800 worth of books on that one trip
alone. Most of them were out of print and were written
during or before Mr. Gann ’s early writings. I also
purchased every market classic that I could find about the
market. I studied Elliott waves, Wyckoff, the Andrews
material, Hurst, Gartley, Drew, Edwards & Magee, Moore, and
others.
Also during this time I heard of this person and that person
that was supposed to understand the Gann method very well.
They were in fact said to be experts and were making their
clients lots of money. Since my trading was not remarkable by
any sense of the word, I opened trading accounts separately
and let two of these so-called experts trade at their
discretion. This experience taught me that the experts that
I had chosen lost money for me more quickly and in greater
amounts than I had ever been able to do on my own. As a
matter of fact, I had opened a trading account with one of
these experts in November of 1980 (you remember, the top
of the bean market) and the first day that he had received
my funds he started buying beans as the market was going
limit down for the preceding three days. The rule he used
was if three days limit down, buy for an upturn. The upturn
did not come so he bought more as it continued limit down.
I asked him if we shouldn't just take my loss and get out
and what kind of stops did he plan to use. He said the
market was too wild to use a stop and that it certainly had to
recover and we would get back some of the losses and
stand aside. I did not learn then that he had in fact bought
even another contract of beans after another limit down
move. He sold all my contracts of beans on the opening on
the day of December 12, 1980 at which time they opened limit
down and then immediately after moved up for the secondary
rally at the top. He said he was sorry. In five days of
trading for me this expert had lost more money for me than I
had lost in my entire time of trading commodities. Since I
sometimes learn slowly I tried a third expert. This one was
not a day trader but one who traded in and out of the markets
quickly and seldom held a position for more than three days.
He had been in the markets for years and really knew how to
trade. He lost several thousand dollars for me in less than
two weeks. The trades made no sense at all and he could not
tell me why he made them. He didn't even say he was sorry!
These experiences led me to my current trading rule #1-NEVER
ALLOW ANYONE ELSE TO TRADE FOR ME.
Since none of my experiences in learning to trade the markets
by using Mr. Gann's trading philosophy had worked out very
well for me, I, had begun a concerted effort to learn what the
master time factor was and how it was to be used. I thought
that if I could only acquire the master time factor then
everything else would fall into place. Unthinkingly, I am
sure that I expected it to be a magic formula that would allow
me to conquer the markets and tell exactly when each and
every top and bottom would occur. I had become that
"wrapped-up" in my effort to find it. This intense desire for
something that I did not even know what it was led me to lose
touch with the prudence that I had been blessed with in
every other area of my life. I had actually hypnotized
myself into believing that this master time factor was the
greatest and most desired formula in the world.
Well, it was the spring of 1981, and April 1st was
approaching. April 1st used to be called April Fool's day and
I will always remember April 1, 1981, as my special day,
because I believe that it was named just for me.
CHAPTER 2 DISASTER
FOR AN APRIL FOOL!
During the late winter and early spring of 1981 I was riding
out the real estate recession and pursuing with great zeal Mr.
Gann's master time factor. As I told you earlier, I was
becoming obsessed with the idea that if I could just acquire
the master time factor that it would solve all my trading
problems. I had quit day trading, although I still had my
ticker and I still spent many hours watching the markets
trade. I continued to buy old books, read, experiment with the
various calculators and master charts. I notice how
frequently during the day that prices would trade against
one of these critical points on a calculator, then back off and
sometimes the price would hold, but as often as not it would
not hold. I was no longer day trading but I had the constant
urge to be in the market. I felt guilty if a move started
and I missed it. I felt angry at times if trades didn't go my
way. I never had this problem in my real estate business. I
simply decided the best price that I could offer a person
and made that offer. If I got the property, fine, if not, I
never thought about it with any remorse. If I offered to sell
a property to a person, I gave them my lowest and best price
and if it were good for them to buy, fine, if not, I didn't want
them to buy something that would not be beneficial to them. I
knew that my mental attitude was not correct and I tried to
compensate by leaving the house during the day and avoiding
watching the ticker, but leaving the ticker on and coming home
after the market closed; then studying the tape at night and
making a trading decision to buy or sell based on that days tape
action. This worked better and my monthly statements began
looking better.
I knew that Mr. Gann had used astrology in trading but I
could not bring myself to get into the study of astrology
with any fervor. However, I had begun reading the many books
on astrology that I had acquired in New York and other places
around the country. I knew that somehow the master time factor
must be associated with astrology but I could not find a
verifiable clue. I kept reading all kinds or market books and
studying astrology-but never in any depth. I had started
studying all I could find on cycles. Cycles of any and all
kinds. I knew that the master time factor had to be a cycle of
some nature because Mr. Gann said it indicated to him when
certain cycles would repeat. My trading was Improving
because I was trading less often and staying in a profitable
trade slightly longer.
In March of 1981 I received a phone call from a man that had
come to be a close friend as a result of meeting him at different
Gann seminars around the country. We had never been to each
other's home, but we had many phone conversations over those
months. This man was a very knowledgeable man about Mr.
Gann's works and this man like myself had spent many hours and
weeks studying Gann. We had shared information and insight
with each other on several
8
occasions. In this story I will simply call him "my friend"
because I have no desire to mention his name and cause
embarrassment to him; although I can assure you that it was not
easy for me to come to this state of forgiveness. By daily
practicing my creed, which you will find in the Appendices, I was
able to finally get to this state of mind where I am oblivious to
past injustices of this type. I look to the present and the
future- not the past, (except when I am forecasting the trend
of the market.)
Now, getting back to the phone call from "my friend". He
called me that March night and he was very excited. He said that
he had the most wonderful news! He said that he had finally
found what Mr. Gann used to trade the markets and what he had
used to make his predictions and that he was sure it would call
any market of any type; he had proved it in one particular
market. Although, I had shared all of my findings with him, he
did not offer to share this knowledge with me. He called to
tell me that this was the most valuable Information that he had
ever encountered and that he had decided to sell this to only
four people. He further said that he had carefully chosen these
four people. He said that his criteria for choosing these four
prospects were that they must have really studied Gann for
many long and hard hours and that they must be honest and
promise not to reveal this information to anyone outside their
immediate families. Also, these four persons would have to
sign a legally prepared agreement which imposed monetary
penalties on them if they should ever reveal this information.
He then went on to tell me how much he wanted for this
Information. IT WAS STAGGERING! SUBSTANTIAL! He assured
me that it would work in all the markets but that he had proved
it in the one particular market and that if I followed this
formula and information exactly as he taught it to me and if I
would save a copy of my brokerage statements so that he could
verify that I had properly followed it, he would guarantee my
money back. I told him that was more money than I had ever
dreamed of paying for anything. He told me to think about it
for a few days and to discuss it with the other three people to
whom he had offered it. He told me who they were and two of
them I knew well, because I had become very good friends with
them too. I had met them at my first seminar in Florida and we
had attended other ones together. These two people were (and
are) fine people of outstanding character and quality. The three
of us had spent many many hours studying Mr. Gann works and we
had shared all the different insights that we each had. We had
promised each other without saying it that if any one of us
ever found the master time factor we would let the other two
know what it was. I want to thank each one of these two
people for the help they gave me in my search for the master
time factor and also during the aftermath of my April Fools Day
fiasco. They were the only two people that I could talk to after
the disastrous episode took place.
Up until I began trading the commodity markets and studying the
Gann material, I had always been a prudent common-sense type
man. I know that my story so far does lead you to question
that
statement but it is true. I don ’t know what it is about the
commodity markets that allow ordinarily prudent supposedly
intelligent people to make some of the blunders that they make
when it comes to the commodity market. I think we sometimes lose
touch with reality when we become obsessed with anything. Our
balance is destroyed and we end up mesmerizing ourselves into a
false condition where we see our world as reflecting this
mesmerized version of what we want to believe. Mr. Gann described
something similar to this condition in his book, "The Tunnel
Through The Air11.
At any rate, I believe now, in looking back that I had set
myself up for something like this to happen to me because I had
become overbalanced. I had searched so long and so hard for
this master time factor that I had lost touch with reality and
common sense. I will say that if any other man other than the
man whom I call "my friend" had made this offer to me, I
would not have even thought about the offer twice. I would
have immediately said no. But, as I told you earlier I was
"primed" because I wanted the master time factor so bad and
then I really trusted "my friend" and although I thought that he
would have offered it to me for nothing as I would have done
for him; the fact that he didn ’t still did not make me realize
that if he had really been my friend he would not have tried
to sell me something that we both had worked so hard to find.
I thought about this phone call and offer for several days. I
called these other two friends of mine that were being offered
this same information. They were excited too about the
prospects of having the master time factor revealed to them.
"My friend11 did not actually call this formula the master time
factor but he implied that it was it. None of us who had been
offered the material really knew what to do. We did not want
to put out the kind of money that "my friend" wanted, but we all
wanted the master time factor and we all believed in the
Integrity of "my friend". We trusted him completely. We were
planning to go to a seminar being held in Chicago during the
first week in April. This seminar was being held by Mr. Billy
Jones of Lambert-Gann Publishing Co. I have always enjoyed
Billy’s. seminars more than anyone else's. Anyway, the three of us
decided that we would get together in Chicago and then decide
what we would do about this offer.
I have had many blessings in life. I live in the greatest
country in the world. This country may be the last hope for
mankind. I have always had good health. I have always been
able to make a living for my family and have plenty of time to
read and pursue the things in life that I enjoy doing. I have a
fine son of whom I am very proud. But my greatest blessing has
been my wonderful wife. She is a remarkable woman. She has
always left the business decisions to me and never questioned my
judgment. She, of course, had sacrificed many hours of her time
so that I could spend all of my days and many nights studying
Gann when I should have spent that time with my family. I talked
with her about this offer and asked what she thought about it.
I could tell that she was not
10
impressed at all. I had promised "my friend" that I would
meet him in Chicago where we would both be attending the Lambert-
Gann Seminar. I was to meet "my friend" on April 1st and the
seminar was going to start the next day. When I asked my wife
what she thought I should do about the offer, she would only
remind me that April 1st, the day I was to meet my friend and
accept or reject his offer was APRIL FOOL'S DAY. I had not
thought about April Fool's Day since I was a child. But my
wife's mentioning of it was forecasting a coming event for me.
I left for Chicago to meet my friend and unfortunately for me, I
had already made up my mind that I was going to pay this
SUBSTANTIAL amount of money for this information that "my
friend" led me to believe would be the elusive, legendary
master time factor. I met "my friend" in Chicago as agreed on
APRIL Fools DAY. He had me sign the agreement that he had
prepared by an attorney near his home. He assured me that if I
wanted my money back at anytime I could ask him for it and
he would return it to me if I felt that the formula did not
work as he said that it would. He said again that it would
work on any market, but since he had only proved it on one
market that would be the market that we would need to trade. I
gave him this SUBSTANTIAL amount of money that we agreed on
and he again promised me my money back if I were not satisfied.
This was the opening of the door to the most foolish and most
painful room of experience that I have ever entered In my
lifetime. The door was ajar before I entered. I could have
looked in and seen what was IN there. I didn't look. I just
pushed open the door and ran into the "room" because I wanted
the promised contents with a desire that squelched all reason. I
accept the responsibility of this very poor judgment on my
part. I blame no one other than myself. One of the reasons
that I am writing this story for you, is so that you will be
able to profit from my mistakes and if I can save just one of you,
my readers, from trying the same path I took, then this whole
effort of writing this story will have been worthwhile.
Even though I accept the full responsibility for my actions in
regards this most strange and sad transaction, natural law says
that "my friend11 has sown the wind and must reap the whirlwind,
either now or later. That part is not something that I can do
anything about.
In order to bring this part of my story to as rapid conclusion as
possible, but yet allowing you to have the full story that I
promised you, I can simply say that "my friend" took my money and
gave me a formula of gibberish in return. To make it worse, the
agreement called for me to actually trade this thing according
to his recommendations, in order to ever get my refund; although
he promised outside of the written agreement to give me my
money back any time I requested it. His trades were constantly
losing trades in his one market that he had proved. As a
matter of fact I lost more money following his trades until at
the end before I really accepted how stupid the whole thing
was, I began taking the exact opposite of what he told me and
then I recovered some of the money I had lost following the
trades.
11
I cannot tell you the pain and frustration that this experience caused me. I am trying to speed
over this part of my story as fast as I can and I am really ashamed that I ever fell for
something this ridiculous. I promised you the true story of my search and I have to relate this part
of it to you; but it is not easy for me write this.
Well, I laboured on with this whole affair and made every effort that I could to get "my friend" to
give me my SUBSTANTIAL amount of money back. He just promised and promised that he was
going to do it. He told me all kinds of stories about how he was working on it. Finally he told
me that he had donated my SUBSTANTIAL amount of money to a children's hospital near his
home. But that he had done it with the understanding that he might have to recall the
donation if he had to refund the money to a "client" that had given him the money. "My friend"
told me that he was arranging to get the money back and that a local bank was acting as the
director of fund raising for this hospital. He even gave me the name of the bank. After this drug
on for several weeks, one day I called the bank and learned that they had never heard of "my
friend". Yes, dear reader, my search for Mr. Gann's Master Time Factor had brought me to this point,
where I still believed all the lies that "my friend" told me, until the bank said that they had never
heard of him. Well, I had been asleep for a long time, and dreaming,-.no having a nightmare; but,
thank God, I had at last awakened. I finally realized at that exact time that I would never get one
penny of my SUBSTANTIAL amount of money back from "my friend". I had made the biggest
single mistake of my lifetime. I have never heard anymore from "my friend" until one of my
real friends (one of the other three prospects-they were all too well-balanced and too smart to fall
for the APRIL FOOL'S disaster) sent me a copy of a newsletter he had seen. This
newsletter sold for $16.67 per issue. In two Issues of this newsletter the entire formula that
"my friend" had sold me (and promised in writing In my agreement not to sell to anyone else
other than his children) was printed in this newsletter that I could have purchased for $33«33.
(There are some numbers for you, Gann fans!). Apparently "my friend" had sold his formula to
the newsletter too. This was the "final blow" to my ego and was the one thing that seemed to
show me just how much time and money I had wasted on my search for Mr. Gann’s Master Time
Factor. Well, let's end this chapter here, while you ponder on how you would feel if you had
been so foolish as me (I'm sure none of you will ever have to worry about that! Will you?)
12
CHAPTER 3 WHAT NEXT? 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 perspective
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 something 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 how have we go t ten to th i s po in t where ou r a t t i tude has
turned in to our perspec t ive and messed us up? We go t the re the
same way I «did- day by day, degree by degree, bad habit by bad
habi t , misplaced st r iv ing by misplaced st r iv ing, wrong desi re fo r
the wrong thing by wrong desire for the wrong thing, mistake by
mistake. Have you not iced the language tha t I have used in the
preceding sentence? What have we done? We have SQUARED our bad
habi ts and mis takes in t ime. How? In us ing the word "by" which
means t imes in between the same two words or phrases we are
mult ip ly ing these bad habi t s or mis takes by themselves , which is
t he ma themat i ca l def in i t ion o f squar ing a number , e l emen t ,
se t , or anything. What 's worse we are doing i t day by day, and
degree by degree, which means that we are squaring these bad
habits and e r roneous ways of a t t i tudes , th ink ing , and
perspec t ives by t ime 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 accomplish 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 title and
subject of the next chapter in this booklet. It is what I had
to do with myself. It is what I had to do with the Gann
work. It is what I had to do with ray attitude, habits, and
perspective. I had to tear everything out- tear it all down
and clear the base
13
and foundation. I had to destruct it all. And most difficult of
all, by far (that "by" means distance multiplied by itself),
I had to tear down my emotions, feelings, ego, 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 market
when the profits were not coming in the way they should have
been in any successful business, I would have realized the
above mentioned truths many months and many thousands 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? WPROVE ALL
THINGS AND HOLD FAST TO THAT WHICH IS GOOD", (for your
information at this point, "prove" also means to square). Now, I
didn't 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 understand 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 foundation- 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 previous chapter
I had arrived at a pretty low emotional state, mental state, and
financial state. My wrong habits, mental attitudes, and
stupidity along with the aid and assistance, of "my friend" had
left me pretty well devastated. On top of that I developed a
health problem in the late summer of 198l-all at the same time
that I had finally realized the enormity of my erroneous ways.
I may not have made myself clear to you up to this point, but
when I have been writing SUBSTANTIAL money every time I
referred to the money that I had given "my friend", I have been
putting all capital letters to emphasize that SUBSTANTIAL is
Indeed what I mean to say. Needless to say, the health
problem that I had developed (a kidney problem) did not leave
me too secure with the long term financial security of my family.
I had plenty of life insurance but I had not made at that time
the 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 beliefs
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 estate 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 factor. 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 Creed" so that you
can adopt it for yourself should you so desire. I will tell you
more about later. It is in the Appendices.
Now, one of the strange parts of this story again. I never had
intended that my creed be anything other than a personal
declaration of my beliefs that I had proved would work. For a
period of my life I had consciously tried to live by them and
I had read them faithfully every day and practiced them in ray
real estate business. But I had forgotten my creed during
the last few years and from the time that I had begun my "Gann
Voyage" in 1979 until the time I pulled it out in the fall of
1981 I certainly never read it nor did I practice it. But for
some strange reason, I took it out of the drawer of my desk
in my library in May of 1981 and had a copy of it made just
as it was (I had typed it for myself on my typewriter when I
originally wrote it and I had spelling errors and typeovers
in it). I had to go down town to get a copy made and then bought
my sheets back and put them in my three ring binder and put my
notebook (my creed) back in my desk drawer. I then sent the
copy I had made to "my friend" as a token of appreciation for
his selling me what I thought was the master time factor. I had
never given this to anyone else outside my immediate family
before nor since until this very day when I am including it in
this booklet. Isn’t that the strangest thing? Its almost like an
opening and closing of a cycle or circle and its almost like the
creed and the master time factor go together. Who knows?
Perhaps, they do?
15
CHAPTER 4
"YOU MUST OBSTRUCT"
"BEFORE YOU CAN
CONSTRUCT"
In my earlier years when I first started out in business and
in ray real estate activities I started out buying and improving and
reselling residential properties. Then I grew into buying and
Improving farms and land and subdividing farms into tracts and
reselling. When my health problem that I told you about in the
last chapter improved and I began studying my creed again I
decided to start all over with what I had proved in the past. In
other words I planned to hold fast to that which was good. This
was in the fall of 1981 and we were still in the worst real
estate market that I had encountered during my business life.
I decided first of all that I would lay aside for the time being
any study of the markets, of Gann material, and any trading in
the commodity markets. I was literally "sick of it". I gave
notice to terminate the lease on my ticker, packed it up, and
sent it back. I closed out my commodity trading accounts and had
all funds sent home. I determined to return to those things which
had worked for me in the past. I read my creed every day- once
in the morning and the last thing at night. I tried to practice
it where I could every day. I went back to the real estate
business with new vigor. I passed on the farms because there
just wasn’t that much market. And I did not want to take the
risk necessary to buy and subdivide -a farm. If I could work
off an option, I would. I went right back to the beginning-
residential properties. This time I was faced with a new
problem that I didn't have several years ago when I was
dealing with houses. That problem was 17% and 18% interest
rates. People were just not moving around very much. (I live
in a small town). I realized that people wanted to acquire
better housing but it was extremely difficult for first time
buyers and young people and slightly less difficult for those
who already had equity built up. So I started trading. I
started with the lower priced range and all the older, lower
assumable rates properties that I could find. I practiced my creed
in my business every day just as I had done several years ago. I
would try to satisfy any real estate need as well as I could. If
the person in need needed to sell, I tried to be the buyer; if
the person in need needed to buy, I tried to be the seller; my
creed said that to get supply you must open a channel and to
open a channel you must do what? You create a need or find a
need. So I looked for needs in the only place I knew to look-the
real estate market. Even in the so-called tough housing market of
late 1981 and first part of 1982 by the practicing of my creed
I had a good period financially. Then I got back into farms as
well as houses and from January 1, 1982 through March 30,
1982 I had sold a little better than one million dollars
worth of real estate on commissions. (This is a good place to ask
you a question that I have often wondered about. What is it that
makes a man ignore what he is successful at and suited for-pursue
something else that appears more golden, but yet causes him
16
losses and misery, when he could do so well Just performing his
useful function? A personal example-me and the real estate
market and me and the commodity markets.) I felt good again
and hoped that I had learned something about life and the
markets and most of all something about myself. I was back at a
good foundation or base-My Creed. (Yours too, now, if you want
it.)
Now, through pain, frustration, and not knowing what else to
do, I had begun to destroy the wrong attitudes and
perspectives that I had allowed to develop in me. But I was doing
this tearing down without knowing it. One day in early 1982, I
had purchased a property that I intended to remodel and then
sell. I went to talk with this contractor that specialized in
remodeling. He was working on a job when I found him; and
the lady that he was working for was complaining about how
much of her house he had torn out and how bad it looked. This
contractor said "yes ma'm, it shor looks terrible but you must
fust dee-struct fo you can con-struct.1' This statement almost
floored me. YOU MUST FIRST OBSTRUCT BEFORE YOU CAN
CONSTRUCT. All the things that I said to you in the last chapter about
tearing out, tearing down, ripping out these bad habits and
attitudes and thinking and perspectives did not just come to
me then. It came to me as the sudden revelation when this
contractor told the lady who was worried about her home
falling in on her; and seeing her and him standing in the awful
looking mess that was her home and all the rubble that looked
like it could never be put back into anything useful again. It
came to me then that this was like the squares or building
blocks that I mentioned in the last chapter. Our lives and
market habits and living habits are the same as the home
needing remodeling. I saw clearly for the first time that if I
needed remodeling-AND I DIDI-then I would have to tear myself
down the way I described to you in the last chapter. I saw then
too that I had already made the proper start by getting back to
the useful part of my experience and life that had worked for
me in the past, namely trying to live and conduct my business by
my creed. I had proved that my creed was good and sound and
so I would hold fast to it and use it for the basis (base or
foundation) of my life in the conduct of my affairs (the
building of my squares of living blocks). I had also proved that
my real estate activities were sound and useful and that I would
use them as my base or foundation for providing a living for ray
family and a service for my community. I resolved to always In
the future to conduct my real estate activities and my personal
life as nearly as I could on the natural laws in my creed. I had
proved my creed for ten years, left it, and came back to it,
and found that it still proved itself to be true. I also resolved
not to ignore my real function; and not to go out on any wild
searches for "master anything". I knew now that I had something
so valuable that everything I needed could be supplied by the
practice of what I already had right here within me (my creed-
learned and lived-inside of me. Precisely where the ancients
had always said it would be found.) I also knew at this precise
time that I would some day find the master time factor of Mr.
Gann’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 tha t I would only reveal i t i f i t 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 supply. 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 ’s works, but with a different perspective and attitude. I
would go back to my search for the master t ime factor , but
with a different at t i tude and perspective. I would do exactly
what the contractor had done with the ladies house. I would
establish my base or foundation as I Indicated above. I had
proved it. I knew it was sound. I would take the commodity
markets, the Gann material and the search for the master time
factor, and I would tear down everything that I could not prove
good. I would only do this in my spare time when it WOULD NOT
DISRUPT OR HARM MY GOOD SOLID FOUNDATION OR BASE. I would work
out a methodical plan of action that would allow me to do these
things by depending on myself from within myself . I would not
pay any attention to what this person thought about the markets or
what that person thought about the markets. I would try to
Isolate myself from discussion of the markets and
discussion of Gann material. I would work as the ancients
would say "In Silence, By Silence, Through Silence." I would "PROVE
ALL THINGS, AND HOLD FAST TO THAT WHICH WAS GOOD."
CHAPTER 5 I
BEGIN AGAIN
I had not understood Mr. Gann's rules or they simply did not
work for me. In fact they had not worked much better than the
pathetic formula that "my friend" had sold me. The angles
hadn’t helped me, the squares hadn't helped me, the
calculators and master charts hadn't helped me, the trend
indicators as I had understood and tried to use them hadn't
helped me, and the time periods that I had tried to use hadn't
helped me. I didn't really know anyone including the Gann
experts or maybe I should say particularly the Gann experts that
I had met or heard of that the Gann material had really made
successful. The only people that I knew that had made any money
on the Gann material were people who were selling information or
seminars or advisory letters about his material. (Me too, now,
huh?)
At any rate, if I were going to prove all things, and hold
fast to that which was good, at this point I would have to throw
away the entire Gann trading method. I knew that if the Gann
material was ever going to provide a basis for a successful
trading system for me, I would have to have a better
understanding of it than I had previously had or I couldn't
use it. I had always felt that the missing element which would
provide the "key" to unlocking the usefulness of his material
was that same old master time factor. Until I had that key I
knew that the rest of his material was useless to me in trading the
markets. I HAD ALREADY PROVED THAT. I also knew that if I
were ever going to find the master time factor, I would have to
do it myself. No one was going to give it to me or sell it to me. I
HAD ALREADY PROVED THAT TOO.
Circumstances related to you earlier had already caused me to
tear down and destroy those things In myself that I had to
eliminate. Now I needed to do the same thing with the Gann
material. I have indicated to you in the dedication of this
booklet how I felt about Mr. Gann. Nevertheless, common sense
(yes, I had it back now) dictated that if I were going to use
only those parts of his work that I had proved useful, then I
would have to THROW THE WHOLE THING OUT! Now, dear reader,
what do you think I did this time? You know me pretty well by
now, don’t you? No, you are wrong this time. I DID EXACTLY
THAT-I THREW THE WHOLE THING OUT. I told you that I had
learned my lessons. I learned them well. I learned them the hard
way, the painful way. Now my lessons had taught me that if it
wasn't good, I wouldn't build on a bad foundation. The bible
says that you will know a tree by its fruit. In the commodity
markets "good" means profits. I hadn't made any before, using
the Gann material, why should I expect to make them now doing
the same things that I did then.
Actually, I did retain one single item of the Gann material.
The M5 day calendar period. I incorporated it into my rules. I
was determined to acquire the ability to trade the markets. I
opened
19
a trading account In the spring of 1982. I traded this account
based on some simple common sense rules. I made every effort to
incorporate into these rules the opposite attitudes and
perspectives that I had earlier. I don't propose at this point
to go into my trading rules, but, you "know what some of them
would be just by reading my story up to this point. For
example, I practiced patience by having a rule that I could
only enter the market on a new position on one certain day of the
week and only under certain conditions. I quit keeping up with
quotes during the day and would only update my charts the next
morning. I would save up the news during the week and only
read it on the weekends. I quit discussing the markets with
people. I limited myself to a situation where if I reached a
certain profit that was three times the loss that I had allowed
myself for a given month then I would quit trading for the
month; which ever was reached first the profit or the loss. I
had a rule that I would be in no more than two different
positions at the same time. I also had a rule that if an account
had losses for two straight months I would close the account
out. All of my rules were just simple common sense rules that
would help me be with a trend and get me out soon if I were
wrong. Most of the rules kept me from trading during the time
that the markets were opened. I was trading now not to make
a living, a killing, or for my ego, but simply to make profits of a
good return on my Investment, and secondarily to learn more
about attitude of myself and to find useful things that would
work in the markets. I was gathering materials that I could use
in building my successful trading program. When I found
something useful I kept it. At the end of 1982, for the first
time since I had been trading I had a net profit for the
entire year. I had spent very little time trading the markets
that year. In other words the less time I spent trading the
more money I made.
Since I had so much more free time now that I wasn't looking up
squares and time periods and divisional points of price and
angles and calculators and getting quotes every hour. I
decided to spend that free time looking for one thing. Yes, you
know me. The master time factor. I knew that without it and
maybe even with it that the rest of the Gann material was
worthless to me as far as trading the markets. I had not wasted
my time in studying the Gann material though, because I had
re-discovered the value of my creed, and you remember that this
was the most valuable knowledge that I ever found.
I had copies of every piece of material that I had been able
to
acquire about Mr. Gann. I had every piece of all of the published
material that Mr. Gann had ever written except for a small
copyrighted booklet entitled "Senator Warren Harding of Ohio
Will Be Our Next President". You may not have ever heard of
this booklet. I had never heard of it either. But I found it
listed in the copyright section in Washington D.G. It was
supposed to be in the Library Of Congress but they could not find
it. Yes I went to Washington to see what I could find out about
Mr. Gann and his work. I told you I had looked hard. Well,
as I said, I had all his published materials and several pieces
of documents, letters,
20
and unpublished materials. I had notes that I had made in
interviews with different people that knew Mr. Gann. I even
went to Miami once to interview the people in the
neighborhood that Mr. Gann lived in his latter years. Also, I
had talked with a man that knew who Mr. Gann’s personal
astrologer was. I never knew until then that Mr. Gann would
have a personal astrologer. I guess its like thinking that a
physician would not have a physician. I will tell you about
Mr. Gann's astrologer in a later chapter. Anyway, what I am
trying to say is that I had a pretty fair collection of material
written by Mr. Gann. I decided to use what I had and analyze it
in ever way that I could.
First I analyzed every word that he used when he talked about
time. I looked the different words up in the dictionary and
compiled a glossary of sorts. I checked to see if he used
different words at different places to say the same things. For
example, I found that when he used "or" between two words those
two words meant the same thing to him. But they would not have
necessarily meant the same thing to me. I would have ordinarily
understood them differently. I made a list of words that were
different, but meant the same to him. This process began to
give me a sort of mindset to the language and expressions of Mr.
Gann and I began to see some new meanings to things that he
said that I had earlier understood differently.
The next thing that I did was to analyze his quotations and
see how many of them that I could find. I also wanted to see
why he used them where he did and were they used for any
other reason than what they appeared to be on the surface. I
knew that my grandparents had expressions that were quaint to
our expressions today. I wanted to see if any of those old
expressions had different meanings than they do today. So, I
checked on all these language aspects. I found that dictionaries,
encyclopedias, and vocabularies were areas of great potential
for learning about anything. They give you concise brief
accurate descriptions about any specific word idea or concept.
Frequently I found that my understanding of a word or concept
was much more vague and ambiguous than I had realized. By
looking up important words and even simple words I began to
have a clearer mental picture of concepts. By understanding the
precise meaning of words and concepts and the various shades of
meanings I began to understand better and I began to sense some
subtle things that I had not earlier comprehended.
Another thing also came to my attention about this time
(Spring and Summer of 1982). That thing was the introduction of
the Stock Index Futures to the commodity markets. I told you
earlier that I had never been interested in buying and
selling stocks themselves. Because of my lack of interest in
the stock market I had never spent much time studying Mr. Gann’s
stock market books and his stock market course. Oh, I had read
"Truth of The Stock Tape" and M45 Years In Wall Street" about 30
times each and I had pretty well memorized certain parts of them.
And I had read and studied the Stock Market Course some 20 or
30 times. But I had always read and studied them looking for
clues regarding time and
21
trying to apply this information to the commodity markets. I
was not interested in the information about the Stock
Market. I simply rejected this without thinking about i t .
I wasn ’ t interested in what he had to say about the Dow-Jones
or the Stock Market.
If I may digress again this brings up another curious part
about life to me. I have noticed and I am sure that you have,
that the very thing that we reject as being of no value to us
frequently turns out to be the most valuable of all-THE
BUILDER'S STONE-lf you will. I have noticed it over and
over in my life, that person whom I thought wouldn't amount
to anything, that piece of real estate that I thought would never
be worth anything, that book or idea that wasn't worth
pursuing, they all too often turned out to be the true thing of
VALUE. And we have the tendency to reject them because we
think that they have no value. Why is this? I think that the
answer lies in the area of what I call "mindset". If we learn
through habit to look at something positively or negatively,
then continue to practice that way of looking at something,
then after a period of time, our understanding and our
comprehension of these things tends to take on the nature of
the way we viewed them over time. If we viewed them positively
our understanding would reflect to us our viewing rather
than the truth. In other words our understanding or
comprehension is a reflection of the way we look at
something rather than the truth about something. OUR
KNOWLEDGE OF THE WORLD AROUND US IS A REFLECTION OF
THE WAY WE HAVE LOOKED AT THE WORLD. If we have problems
seeing things as they really are, it means that we have built on a
FOUNDATION OF KNOWLEDGE that is wrong. Therefore, we must
tear out that foundation and replace it with a good one.
Otherwise, we stay in a vicious cycle that grows worse with
time. The way to avoid this jaundiced view of reality is be
AWARE. Be aware that we have this tendency. Reading and
living by my creed will make you aware.
Now, it is obvious that Mr. Gann wrote more books and material
on the Stock Market than he did on the commodity markets. But I
had rejected the stock market material except as I could
apply it to the commodity markets. Again the reason I had
rejected it was not that it wasn't important, but simply that I
VIEWED it as not important or useful. By doing this, I had
rejected the BUILDER !S STONE. Because this would be where I
would find the master time factor. To show you how our view of
things change and why they do, I have to tell you that when
the stock index futures started trading, I realized one day that
I had the opportunity to study Gann ’s stock market books
and material and that I could trade that information i f i t
proved useful by trading the index futures. Now, do you
see why I was willing to look at it now and saw value to it
where I didn't see it before. The reason was that now it was
acceptable to me because it wasn't the stock market anymore
but it was now the commodity market. I was BLIND to its value
until it appeared in a form that I could see through the
"f i l te rs" tha t I had put on mysel f . Th is f i l t e r of course
filtered my vision but as I said above my vision turns out to
be my understanding or comprehension or knowledge.
22
Now I went after the rejected "builder's stone" with great
energy. The same material now had new meaning to me. There were
many things to study and learn. (This is the same material, it
hadn’t changed, I had, or my ATTITUDE towards it had). My
"mindset" or attitude or vision now allowed me the freedom to
search for the truth. Remember seeing and finding the TRUTH
will make you FREE. If you don’t get anything else out of my
material, it will be 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’s stock market material which I had previously rejected as
related in the last chapter, I happened across two items in
particular that were sudden bursts of revelation to me. I guess
I am a strange person but when I receive insight of a clear
nature about something that has troubled or perplexed me for a
long period of time, this sudden dawning of inspiration
almost overwhelms me. This is the feeling I had when I
received the first revelation. It is difficult for me to put this
into words because there was no logical reason for me to be
excited about seeing this for the first time, it really didn't
mean that much but for some subjective reason lights flashed
all over Inside me. You will think I have taken leave of my
common sense again when I tell you what it was that caused
this feeling. I still am not able to describe this feeling to
you appropriately, so I will just drop it here. Maybe you
understand what I am trying to say.
The thing that caused this feeling was a quotation that Mr. Gann
used in his book, "Truth Of The-Stock Tape". I told you that
I had been looking up and studying the quotations that he had
used in his books and courses. I have a library and study
downstairs on a semi-basement level in my home. I am able to
get away from all distractions down there. One day I went
downstairs and picked up the above mentioned book and just
absent-mindedly opened it to page 1. Under the title there were
headings of BOOK I and then PREPARATION FOR TRADING.
Under this was a quotation from Emerson. It read, "No man can learn
what he has not preparation for learning, however near to his
eyes is the object. A chemist may tell his most precious
secrets to a carpenter, and he shall be never the wiser-the
secrets he would not utter to a chemist for an estate."-
Emerson.
I tell you, truthfully, I felt like I had been knocked down. It
floored me. It overwhelmed me. This simple quotation that I read
many times, but had never seen, almost took my breath away.
For the first time I knew that all Mr. Gann's "time periods,
time cycles, time was up, time was not up, time had run out,
time had not run out, the time factor, and yes, the MASTER TIME
FACTOR"-all his references to time were astronomical cycles
and divisions of them. You notice I said astronomical-not
astrological. I knew this in a "direct-way" that gives me
problems describing. The seeing of this and the feeling that
it gave me to see this clearly was overpowering.
Now, I knew all the time that Mr. Gann ’s work was based on
astrology, and I knew that his time cycles were based on it
too. But I could not bring or did not bring myself to look at his
time cycles from an astrological viewpoint for several
reasons. The most important reason I didn't, we have already
discussed and it
24
is most important that you and I always remember this and be
aware of this tendency in our make-up as human beings. Of
course, the primary reason I couldn't look at the time cycles
from an astrological standpoint was that I had rejected
astrology because I saw no value to it. It was outside my
experience. Just like in the previous examples my way of
viewing an object or concept by putting value to it or not putting
value to it with my viewing caused me not to see what was there
even though it was there. You understand? Mr. Gann said plain
enough in the quotation by Emerson that he had laid his
secrets out clear enough but if we did not have the preparation
(or FOUNDATION or BASE) then we would not comprehend
what those secrets meant. In another way this principle is
demonstrated by something as simple as an "Easter Egg Hunt".
Don’t you remember how sometimes those eggs that were hardest
to find were laid out on the ground with nothing hiding
them. They were in plain sight. But, because we were looking
for them to be hidden, we sometimes had trouble seeing them.
Now, I am not telling you that all of Mr. Gann ’s material was
laid out well enough for us to see it. If you had only one of
his books and didn't have his courses you wouldn't understand
what I mean. But I had all of his books and courses and some
unpublished material that had circulated around over time.
Another reason that it had been hard for me to look at his time
cycles from an astrological standpoint is that I thought
present day astrologers had not been able to take his material
and make profits with it. I should amend the previous
statement to read that I had not been able to find or hear of
an astrologer that had deciphered Mr. Gann’s work. The only
profits I had heard of being made by astrologers were those selling
seminars or books on using astrology trading Mr. Gann. But I
knew no one that had been able to trade it. So, I just
discarded the possibility of my finding out how to use the
time cycles by studying astrology. I guess I thought that if the
professional astrologers who knew much more than I did
couldn’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
what’s in there.
I know that it is hard to follow me in this chapter. The title
of it, alone, is enough to make you run the other way. Its just
that I'm not a writer (I'm a seeker) and I have difficulty saying
the things I want to say to you. For the rest of 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 "mindset" that I had built out of my attitude and habits
of associating or disassociating value with whatever I had been
led by myself or others to think that value should represent.
This is a common problem, I believe, and I hope that I have
been able to
25
correct it somewhat in myself.
Another problem in writing this chapter is that I have two or
three things to tell you about; but they didn't happen
sequentially, they occurred simultaneously. So I may jump
from one to the other in telling you about these different
things.
In the beginning of this chapter, I told you that there were two
revelations. I have related the one about the quotation. On the
very same day that the first occurred, the second occurred
too. As I was thinking about the above I went to the stock
market course to look at the chapter in the course on page 90.
The one entitled "FORECASTING BY TIME CYCLES11. For those of
you who do not have the stock course, you will find a complete
copy of the chapter "FORECASTING BY TIME CYCLES" in Appendix I
of my booklet. Please read only the first page of that appendix
at this time.
I am quoting the second paragraph of Mr. Gann 's "FORECASTING
BY
TIME CYCLES"-----"The ancient hunters had a rule that when
they were searching to locate an animal in his den, they
always 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 mentioned
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 fragments 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 officials. 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’s circular calculators, but I
just assumed that it was because Mr. Gann's calculators were all
related to something from astrology. The important thing that I
learned from this was that Mr. Johndro was a mundane
astrologer. So I began a study of mundane astrology. Furthermore
I wanted to look only at the writings from 1920 back in time
because I knew that Mr. Gann had begun trading by 1902.
So, my approach now, was going to be threefold. One-I would
study to see what mundane astrologers thought at the turn of
the century and earlier; two-I would try to identify each one of
Mr. Gann's Important time cycles by an astrological time cycle;
and, three-I would try to relate the first two approaches
together and see if there were any parities or disparities
between them. At the same time I was going to track the
writings that he had made back in time from those nearest his
death to those earliest in his life. I was excited now because I
"knew" that I was getting somewhere.
In my searching through astrology books for old mundane
astrological precepts I came to the conclusion that the useful
part of astrology for me at that particular time would be
something similar to the following. I had read where some people
said that they did not believe in astrology, but that they did
believe that the planets In the solar system caused magnetic and
electric fields in our earth's atmosphere and certainly we must
respond to them in different ways at different times. Some of
these disturbances could cause waves of optimism and pessimism
and weather disturbances. Certainly I could believe that and
I was now willing to look at ideas and concepts that I would not
earlier have looked at with sincerity. Now, you understand, I was
FREE; free to look at things that I would have earlier not been
able to see, even if I had looked at it, because, now I had my
filters and blinders off. Also, to me I was studying astronomy, a
science; where astrology is merely an Interpretation of events
and conditions that may in fact have been caused by astronomical
relationships. Also, I knew that earlier generations were more
practical than we give them credit for today. They knew more
than we think they knew. In fact, I believe that they knew
more than we do today about some things. I knew from my
real estate activities that if I found an old ditch on a farm
and someone said that I needed to put a new ditch on the
farm, the best place
27
for me to put that ditch would be exactly where that old
ditch had been dug. Old-timers had to dig a ditch by hand.
They were not about to dig one where it was not needed.
Over the years, I have learned to acquire a great respect for
the ancients and what they thought. I knew that their fables
and myths all had some important truths behind them. I had
also learned from HARD experience not to reject anything as
having no value just because my educational background and
Social circle saw no value in it.
I have mentioned to you earlier about the great value I had
found in using dictionaries and encyclopedias. One of the
best sources of general and specific information about
astrology that I have found Is a book, "Encyclopedia Of
Astrology" by Nicholas deVore. Even though I had glanced
through this book several times in the past I had my blinders
on and therefore could not see. Now that I was free I was
almost blinded again by the light that came from looking at
this and other books. Everywhere I looked, one book after the
other the following messages came through over and over.
Major conjunctions (of the planets, where two superior to
earth orbit planets appear to be in the same spot in the sky)
are very important in the consideration of world events,
and in all mundane affairs. Used in connection with the
solar ingress charts, they serve as focal points of the greatest
influence, and reveal the cosmic forces radiating Upon the
earth. "The old astrologers placed GREAT importance upon
the conjunction of Jupiter and Saturn, and rightly since this
conjunction involves the two largest bodies of our solar
system. It has always seemed that the conjunction of these
two planets has had the greatest influence and significance
upon the course of world affairs. The 'life1 of the Influence of
these great conjunctions upon world affairs and Individuals
remains in force until the next conjunction of the same pair of
planets. THE TIME FROM ONE CONJUNCTION TO THE NEXT
CONJUNCTION OF THE SAME PAIR OF PLANETS MAY BE
CONSIDERED AS A 'CYCLE1. Major conjunctions when considered
in the light of Cycles1 MEASURE periodical historical events, or
the epochs in the changing world conditions, and even the r i s e
and fa l l o f c iv i l iza t ions .
Again, more—"To the ancien ts the longest orbi ts ( the t ime
period that it takes for the planet to make one revolution
around its orbit) within the solar system were the orbits of
Jupiter (12 years) and Saturn (30 years) (approximately); The
points at which Jupiter caught up with and passed Saturn
marked the greatest cycle with which they were able to deal.
This occurred every 2.0 years (approximately). Jupi ter and
Saturn in their relat ionship to each other in these cycles of
t ime from conjunct ion to conjunction were called by the
ancients-the great CHRONOCRATORS, or Markers of Time."
Then cycles of cycles of 20 years were important and marked.
(Did you know that the cycles of cycles of 20 years that I just
mentioned was Mr. Gann's "Square of Twenty" and that he
used it specifically for the stock market. Also, be aware of
the fact that cycles of cycles is the same as squares or
squaring. Apply this knowledge to other things.) I could go
on
28
talking about things that I found about the 20 year cycle in
books about the old astrologers.
Another very important cycle to the ancients was the 3RD 20 year
cycle of Jupiter-Saturn. This cycle was the most important of
all to them and they watched it with GREAT INTEREST. What
happens is that the Jupiter-Saturn cycle (conjunction t !0"
.back to conjunction "0") takes 19.859 (average) to complete
one cycle. The occurrence of the next cycle takes place at an
advance of approximately 123 degrees in longitude in the
circle of the zodiac. After three such cycles, 59«577 years
have passed and with each 123 degree advance in the zodiac the
conjunctions have come full circle of 360 degrees plus an
additional 9 degrees (approximately) more. This is called a FIRST
ORDER RECURRENCE CYCLE of Jupiter-Saturn (mean values
are given). This was very important to the ancients because the
conjunctions were now taking place very close to the same
spot in the zodiac that they had occurred 60 (approximately)
years earlier. This 60 year cycle is the one that the ancients
spoke so much about. Everywhere I looked in my old books I
read where the ancients really paid great attention to this 60
year cycle.
This term "first order recurrence cycle" was new to me. I had
READ it before but I had never seen it. You understand. While
looking up more information about first order recurrence
cycles, I found that the orbit time (mean) of Jupiter in
tropical years (from spring to spring) was 11.858 years; that
of Saturn was 29.42 years; that of Uranus was 83-75 years. I
searched further into these cycles listed in the encyclopedia of
astrology and I found more. For instance, (all values are mean)
the time period from conjunction to opposition (0 to 180
degrees) in the Jupiter-Saturn cycle of 19«859 years was 9^93
years (almost 10); the time period of conjunction to opposition of
the Saturn-Uranus cycle is 22.68 years (almost 22 1/2).
One cycle after another, I was finding Mr. Gann's same time
periods or time cycles. The following are all cycles of time
from one conjunction to the next conjunction between two
planets. Mars-Jupiter, Mars-Saturn, Mars-Uranus, Mars-Neptune,
and Mars-Pluto; all these taking place at about every two years
(different times); then Jupiter-Uranus occur about every 14
years; Jupiter-Neptune occur about every 13 years; Jupiter-Saturn
about every 20 years; Jupiter-Pluto about every 12 years;
Saturn-Uranus about every 45 years; Saturn-Neptune about every
36 years; and Saturn-Pluto about every 33 years.
Now, I know what you are thinking. You are right now saying to
yourself, Oh, NO!-not again-another Gann booklet with more of
the same old astrology junk. Please, just bear with me because
soon I am going to re-discover Mr. Gann's Master Time Factor.
See, you are having some of the same problems that I was having.
You are putting filters and blinders on your vision and not
seeing what is before your very eyes. You are refusing to see
something of truth because your educational background or
social circles or prior way of looking at things has not
allowed you to see
29
anything of value in looking at astrological concepts. But, if it
helps you and I to see better, lets say that we are looking at
astronomical (scientific) concepts to see if there could be any
correlation between these astronomical relationships relative
to us (earth beings) and our reaction to them. What we are
really faced with is this common problem of shutting up our God
given powers of understanding when we refuse to see things
because they are outside our experience. In "The Seeker's Creed"
you can read about the necessary knowledge to develop a
"mindset" that will allow you to overcome this vision problem
that we all have to some extent. But reading about it will not
help you as much as practicing it. The reason that I knew that
you were looking at the above "astrology" with a jaundiced eye
is because I have been there. Also, you are a seeker and I am a
seeker and we seekers are all alike. Aren't we?
Now, these cycles that I have been enumerating above are all
scientific facts. They are time periods of planets and planetary
relationships. I just happened to read about them in an
encyclopedia of astrology. I could have read about them in a
college textbook of astronomy. The interpretation of the
meanings, if any, as applied to these relationships makes what we
call astrology. Well, in all this "sales pitch" that I have been
giving you, trying to convince you that it is all right for us to
look into this area or any area where truth may or may not be
found, I have forgotten to tell you that I have been having those
overwhelming "feelings" again.
Why, I don't know- (well, I do because that's what we ’ve been
talking about)- it took me so long to clearly see that each and
every one of Mr. Gann’s time cycles and time periods were
planetary in nature. The reason I felt overwhelmed again was
that I had experienced that wonderful thing again- INSIGHT. It was
now Spring of 1983. It had taken me four long and painful years
of searching to see what his time cycles were. I am some kind of
"seeker11, huh? Turtles and I-hmm. Well, lets test me on some of
these time cycles. In the Commodities Course on page 64 (newer or
older courses may be different page #) of the chapter
entitled #5, "forecasting grains by time cycles" Mr. Gann says,
"The Great Time Cycles are most important because they record the
periods of extreme high or low prices. These cycles are: 90 years,
82 to 84 years, 60 years, 45 years, 30 years and 20 years." A
couple more notes here- (there are now quite a few things that
I can tell you about what Mr. Gann means when he says something,
but they are difficult to place in context of this story every
time I run across a word that I have learned what he means.
Also, I do not want you to think that I have a "know-it-all"
attitude towards Mr. Gann’s work or anything else. I am
acutely aware of my personal limitations, but if I may appear to
sound immodest this one time, I have had lots of insight
lately and I have put in enough time studying Mr. Gann that I
have learned some subtle meanings that he intended with his
choice of words. In the above statement when he says "Great"
he means superior as in astrological terms to indicate
planetary orbits outside of the orbit of the earth. Also when
he used "Major" he meant the same
30
thing. The other two things that I wanted you to look at while
we are on the adjoining page is to turn over to page 65 in the
Commodities Course (if you have it, of course) and note that he
says, under the 90-year cycle heading, and I quote, "The 90-year
Time Cycle is one of the very important ones because it is
2x45." Now why would you suppose that he would say that the
90-year cycle is important BECAUSE it is 2x45 (or twice 45).
While you are thinking about that, lets look at the headings 84
year cycle and 60 year cycle. I wonder why he didn't say much
of anything about them and particularly the 60 year cycle. He
just said to compare 60 years from tops and bottoms. Almost
just the word compare, no elaboration at all. Maybe, not so
important, huh? Then look down at the 20-year cycle heading.
He says that the 20-year cycle is a very important cycle-
WHY?-because it is 1/3 of the 60-year cycle. He just mentions
the 60-year cycle by the word compare; but he describes the
importance of the 20-year cycle because of its relationship to
the 60-year cycle. In the 90-year cycle he described its
importance in terms of the fact that it contained 2- 45-year
cycles. But the twenty-year cycle was described in terms of
the 60-year cycles. There is a reason for the manner in which
he described the above referenced cycles. As you begin to go
back over Mr. Gann’s books and courses and read them with a
new awareness that I hope to be able to give you before this
story is over, you will appreciate that many passages that were
difficult or worded "funny" had special meanings. O.K., back to
the test.
The 90-year cycle is the "first order recurrence cycle of Saturn-
Uranus. The actual cycle of conjunction to conjunction of Saturn-
Uranus is 45 years. That is why Mr. Gann mentioned that 90
years wad Important because it was twice the 45 years. It
actually takes an average of 90.72 years to recur. But all these
years are rounded off by these old astrologers because they were
close and because it was easy to take divisional parts of them
and use them in simple math. The 82 to 84 year cycle is of
course the time it takes Uranus to complete its orbit. The
significance to Mr. Gann was that the planet spent 7 years in
one sign and 12 x 7 was 84. The 60-year cycle is the "first
order recurrence" cycle of Jupiter-Saturn, the one that the
ancients, who could not see Uranus or other farther out
planets, thought was the very important cycle. Yet Mr. Gann
Just skips over it with the word compare. Very quietly almost.
The 45-year cycle is the one multiplied by 2 that gives the
"first order recurrence" cycle of 90 years. Just the 45-year
cycle is the time from conjunction to conjunction (or "0" to "0")
of Saturn-Uranus. In other words, the 45-year cycle is the
Saturn-Uranus cycle. I have seen one of Mr. Gann's 3-D Charts on
Wheat dated from the Spring of 1852 as M0". There was a beginning
(and ending of course) of a 45-year Saturn-Uranus cycle on March
15, 1852. Coincidence? The 30 year cycle is of course as we have
all known all along the period of time that it takes for Saturn
to complete its orbit. The 20-year cycle is of course the
Jupiter-Saturn cycle. The one the ancients called the
chronocrators or "markers of time".
The reason that I have spent so much time on the above is that
I
31
need for you to understand that I simply did not know what
those cycles were until the spring of 1983- I, who, had spent
thousands of dollars t ry ing to pursue Mr. Gann’s master
t ime factor , did not even know what the above time cycles
were; yet I knew that Mr. Gann used astrology and planetary
movements in his work. You see, i t had taken me 4 years of
my life and many thousands of dollars to find out something
that should not have taken 1 month. But, AGAIN, the reason
that I could not find it out WAS BECAUSE I HAD BLINDED
MYSELF TO THE POSSIBILITY OF SEEING WHAT WAS OBVIOUS BECAUSE MY
EXPERIENCE AND EDUCATIONAL AND CULTURAL BACKGROUND AND
HABITS BUILT OVER A LIFETIME HAD DEVELOPED INTO AN ATTITUDE
WHICH CAUSED MY PERSPECTIVE TO BECOME A "MINDSET" THAT
WOULD NOT ALLOW THE REASONING PART OF MY MIND TO SEE
ANYTHING THAT IT CONSIDERED VALUELESS OR NOT WITHIN THE
BOUNDARIES OF BONAFIDE "APPROVED" EXPERIENCES. Th is i s
PRECISELY th e reason tha t we lo se mo ney in the market. We
have developed a "mindset" that precludes our seeing the
proper course to take to make profits.
Well, I was really excited, I had seen these cycles of Mr.
Gann’s. This was a big step for me. I knew that if the ancients
called Jupiter-Saturn the "markers of time" or chronocrators
that Mr. Gann certainly should have looked at the Jupiter-Saturn
cycle as an indicator of time cycles that would repeat. Then
in following my approach of tracking his comments back in time
from the last period of his life to the first period of his
business life, I found what I had always read in his material,
the mention of Jupiter and Saturn and their aspects to each
other. See my Appendix II in the back of my booklet. Read that
Appendix now please. SEE IT? It’s been there all the time I've,
read in the one of the last letters he wrote, dated January 18,
1954, that it is the "power of Saturn and Jupiter aspects,
working out time that causes the major changes of trend in
soybeans. I’ve read this letter over and over during the last 3
years but I would not or could not see what I was reading.
Look back to the earliest documents that I have managed to
acquire. They are in the same Appendix II. They are 4 pages of his
"METHOD FOR FORECASTING THE STOCK MARKET" SEE IT?
It’s been there all the time. He says that "7" is the basis of time and
that "7" is ruled by Saturn. He also says that 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 Jupiter.
I knew now that I had finally learned what Mr. Gann's time cycles
were. I had also found out that they were the same ones that all
astrologers had used from time immemorial. But that still didn ’t
tell me how Mr. Gann used them and it still did not tell me what
the master time factor was or how Mr. Gann used it. All I knew
was that I had the knowledge for sure that these were the time
cycles that Mr. Gann had talked about all of his life. They
really were not astrological but in fact astronomical. If I had
not been blinded by my "mindset" I would have known long ago
that any time cycle had to be based on natural phenomena. There
was no other answer because the movements of the planets (of
course I mean primarily the relationships of the Sun, earth and
moon) are
32
the basis (foundation) for our whole timekeeping systems. Now,
what I needed to do was find or learn the way that Mr. Gann
used his time cycles and then try to identify the master
time cycle that he so often talked about.
One day in the late spring of 1983, at about the same time
that all of the things described in this present chapter 6 of my
story occurred, I was reading an old copy of Mr. Gann's lesson
entitled simply "FORECASTING". It was written in November,
1935, and someone had given me a copy of it at a Gann seminar
that I had attended in 1980. I was reading all my pieces of
material for the purpose that I related to you earlier, tracking
Mr. Gann back in time, to see if there were any disparities in
what he said from time to time. I saw that he called the 60
year time period the MASTER TIME PERIOD. I had read this
piece of material several times in the past, but I had never paid
much attention to it because it was forecasting stocks and I
have already told you how I felt about stocks. I was a commodity
trader and he had put more emphasis on the 90-year cycle as the
GREAT cycle in the commodity course. You understand of course,
that I had never paid any great amount of attention to it because
of my "mindset11 that we have been talking about so much.
Now that I knew that the ancients paid SO MUCH ATTENTION
to the 60-year cycle, it IMMEDIATELY caught my attention. Also,
when I read the lesson on forecasting that he wrote in August
1939 and which is the same, word for word, that is in the
stock course today; I noticed that it was different from the one
that I was reading that he had written in 1935.
But the thing that really caught my attention was where he was
describing on page F-9 of the lesson how he had set up his
"master forecasting chart". The thing that I had never noticed
to be curious before (because of my "mindset") was the fact that
he started his cycles across the chart from a year ending in "1".
Everything else he did he started with "0" as the beginning. Even
when I reached for my ephemeris to look at the appendix in the
back of the book, which had a listing of all of the major
conjunctions of the period from 1800 to 2000, I knew the answer
would be the following. In my ephemeris I read CONJUNCTIONS OF
JUPITER AND SATURN-October 21, 1861, April 18, 1881, November 28,
1901, September 10, 1921, August 8 and October 20, 1940 and
February 15, 1941 (triple conj.), February 19, 1961, January
1 and March 8 and July 24, 1981, and May 26, 2000.
My friends, a cold shudder came over me as I realized with
crystal clear and vivid awareness that I was READING THE elusive,
legendary, much sought, "MASTER TIME FACTOR". The painful
costly search that had taken four years of ray life and many
thousands of dollars was now at its conclusion. What made me
shudder was the fact that I had possessed this document since the
summer of 1980. I already had what I had paid "my friend" for
and which he didn’t give me. Furthermore, I gave him free the
thing which allowed me to discover the master time factor. That
thing was "My Creed". I had learned a lesson at great cost.
The lesson that I learned was, THAT which we all SEEK, is
exactly and precisely where the
33
ancient world religions have always said it was. It is within
us, wa i t ing for us to f ind the means to SEE IT. I had
pa id a SUBSTANTIAL amount of money for a formula of
worthless gibberish, but had refused to seek the real treasure
(THE Builder’s STONE) in the only place that I could have ever
found it. THE REASON FOR THIS, OF COURSE, WAS THAT MY
ATTITUDES AND HABITS AND EXPERIENCE AND EDUCATIONAL AND
CULTURAL BACKGROUND BUILT ON AN ERRONEOUS FOUNDATION HAD
DEVELOPED INTO A "MINDSET" THAT WOULD ALLOW MY TRUE
REASONING FACULTIES TO BE PUT TO SLEEP, AND PAY FOR SOME
WORTHLESS FORMULA, BUT MY "MINDSET11 WOULD NOT ALLOW ME TO
SEE THE AREA WHERE I WOULD FIND THE TREASURE (TRUTH),
BECAUSE I HAD SEEN IT HAS HAVING NO VALUE. I TELL YOU AGAIN,
THIS IS ALSO THE REASON THAT WE DO NOT MAKE MORE PROGRESS
IN THE MARKET AND IN OUR LIFE.
Now, I know that I will never recover my SUBSTANTIAL amount of
money from "my friend", there seems to be a character flaw
involved there somewhere; but, I tell you that the value of the
knowledge that I have acquired will remain with me for the
rest of my life and if I use that knowledge, I WILL HAVE
FOUND SOMETHING MORE VALUABLE THAN MONEY. I rediscovered
"my creed".
If you will, please turn to the back of this booklet and read
all of the Appendices and get familiar with the charts. Read
and study Appendix IV in particular. It has the master time
factor in it. Read it several times; then, read it more. Compare
it with Appendix I word for word. Read appendix III several
times. I know III is hard to read but I wanted you to see it as
it was. Please do not go to the next chapter until you have
become very familiar with the material in the Appendices. STOP.
34
CHAPTER 7
I DISCOVER THE LEGENDARY MASTER TIME
FACTOR!
In writing this little booklet, I thought, if I could just get
to the part about the master time factor, I could write about
it with ease because that had been the object of my search.
But, alas, I now find it to be the most difficult chapter of
all. Perhaps, its has something to do with the "fatal" evil
number. (Just kidding.) As I told you earlier I am a
seeker, not a writer, but, since we are here there is nothing
for me to do, but plug along. There are several reasons for
my difficulty in writing this chapter for you. One, I may have
set a goal higher than I could reach. My goal, simply has been
to write the most lucid explanation of Mr. Gann’s Master Time
Factor that has yet been put in print. I already know that I have
not done as well as I had hoped. I feel that part of the
cause for this relates to the nature of the material that I am
dealing with. There has been tremendous mystique built up about
and around Mr. Gann. Part of this Justly, 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 just
that we get in trouble sometimes when we want to receive more
than we want to give. Also, we get the order reversed, we
must GIVE-then GET, not GET-then GIVE, (this is all cohered in
"The Seeker’s Creed"). My goal in writing this booklet has been
to give you your money^ worth. I hope that I accomplish this, if I
do nothing else.
Another difficult problem that I have in writing this chapter
is the nature of the diversity of the exposure to the Gann
materials that is represented by my readers. Some of you know
more about the Gann work than I do; some of you have had
very little exposure to his work. So I must try to encompass
both extremes. There are many things that I would like to say
to you, but I can only cover so much in this little booklet. I
want to merely show you where I found the "path" to be, and
say, here’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 material and I am sure that you will learn many
things of market value in the months and years to come.
Another problem that I have concerns the fact that Mr. Gann
left no clear explanation (that was available to me) of what
his master time factor was; nor, did he explain it anywhere
(that I have ever been able to find), except as I have given
you in Appendices III and IV. And in those two beautiful
pieces, he didn’t just come out and say, "O.K., here it is and
here's how
35
you use it as the master time factor". He HID IT, just like he said he was doing in the quote
from Emerson in his book, "TRUTH OF THE STOCK TAPE". He hid it because he knew
that if it was passed around with it all spelled out in his lesson then anyone could see what it was
and that would be the end of the mystique of the master time factor and his livelihood depended to
a large extent on the sale of his advisory letter and annual forecast until he sold it in 1947-48.
And he hid it because he said it was too valuable to be "spread broadcast". He hid it the way the
ancients did-out in the open. Then if someone that was not supposed to have it should
stumble across it or steal it, it would do them no good, because they could not understand it. And,
that, in my opinion is why we find no copy of it today other than the one that I give you in
Appendix IV. If you can see this clearly it will help you with the explanation as we go
through it.
Then I have two more problems (nothing but problems, huh?); and they are related to a certain
extent. The first one, we have talked about until you are tired of hearing it (but if I can't get
you to SEE IT, perhaps I can get you to HEAR IT); and that problem, many of my friends, is
that you will not believe what I tell you because, YOU, TOO, JUST LIKE ME, HAVE
DEVELOPED YOUR OWN "MINDSET" THAT WILL NOT ALLOW YOU TO SEE
(RECOGNIZE) THE TRUTH EVEN WHEN IT IS THERE FOR YOU TO LOOK AT. You have
already set in your mind from what you have read about Mr. Gann’s master time factor, or what
you have heard about it, or what some Gann expert has told you it was, or what the myths of
commercialization has indicated that it was, or that "formula11 that someone has that no one can
decipher, or some idea of your own-that it will call all bottoms or tops, or the hour or the day of
this or that-, whatever you are "looking for" is what you expect to see (My creed explains
this to you). How do I know that many of you will approach the explanation of the master time
factor in this manner? Because I HAVE BEEN THERE ALREADY. My entire story thus far,
has been designed to get you to understand this MOST IMPORTANT TRUTH. From the very
beginning of my story, I have been trying to get you to SEE how this tremendous fault (and potential
for good if changed) has caused all of my problems. I have been trying to get you to the point
that you would SEE my mistakes clear enough that you would not make them yourself. I
knew that if I didn't help you prepare a base (foundation) by first exposing the old bad
foundation in my building, then you would not be able to see the bad foundation in your own
building. You must tear out the bad or weak foundation in your own building before you can
build a positive new foundation. (This may have been what the New Testament parable meant
about putting new wine in an old wine skin. Matt. 6: 22-23- Yes, I looked for the master time factor
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
DON’T SEEK, BECAUSE THAT’S WHAT SEEKING MEANS AND IF YOU ARE NOT
WILLING TO DO THAT WHICH YOU SET OUT TO DO THEN WHY START?
DON'T MAKE THE MISTAKES THAT I MADE. As I said the whole
precedence of th is s tory has been to br ing you, some of my
readers, to th is exact point . We have been building a
foundation for YOU, a " spec ia l pa i r o f g las ses" , i f you wi l l ,
so t ha t you can see a t this point in time with your fil ters 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 re lates to the fac t tha t I real ize that my
"s ty le of wr i t ing" , i f you want to ca l l i t tha t , makes i t
d i f f icu l t 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 i t 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 writing this
"THING" as it "comes" to me what to say to you . I apprecia te
your fo rbearance wi th me to th i s point . I ask that you just
a l low yoursel f to watch f rom here forward; and with as
unjaundiced eye as you can possibly muster. Don ' t f ight i t , i f i t
i s not wha t you were looking for ; REAL TRUTHS are seldom
what we think they should be; THEY ARE BETTER; i t '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 master
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 te ll you that i t wil l real ly be "jumpy";
but remember this "THING" is just "COMING" and I don't really
have any control at this point . Final ly , 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 ’s own words. The rest of the explanation is going to have
to come from our ab i l i ty to th ink , see , and observe every
c lue tha t i t i s possible to observe. We cannot overlook the
smallest detail. You will see things that I don't see and vice-
versa. We must pay a t tent ion to what he says, what he doesn ’ t
say , and his "sty le" of writing about other things and at other
times. We are going to SEE now. I ASSUME that you are entirely
familiar with the lesson "FORECASTING", and my charts that I have
made in accordance with the way he would have made them. I also
ASSUME that you have read and studied the sales brochure entitled
"LEARN BEFORE YOU LOSE OR WHY YOU HAVE LOST MONEY IN
STOCKS AND HOW TO MAKE IT BACK". This is in my Appendix III.
Now I am also going to assume that you are pretty well frustrated
and disappointed in the master time factor at this point and
that you are in fact pret ty well convinced that this is just
"another rip-off" and that it is not even that wonderful,
mysterious, legendary, much sought after "Master Time Factor".
Legends aren't made from such stuff as that JUNK. This
37
is WORTHLESS. Just GARBAGE. Why I even WASTED MY TIME with
this STUPID booklet in the first place, I don't know. Now my
money is GONE. That guy, "THE SEEKER" wouldn’t even use his
own name. I don’t blame him. Taking people’s money like that.
"His friend" stuck him, now he's found a way to get his money
back. Now I know that some of you are thinking and saying
these things to yourself right now. I am about to lose your
attention as my reader because you see NO VALUE to the
master time factor in Appendix IV. Look at the words that you
have just used to describe your feelings; they are all
CAPITALIZED meaning that they are ALIVE with meaning for
you. They are also the same old "mindset" that I must get you
to see. Because you have used the above words to describe your
reaction to SOMETHING you cannot now see any value to it
all. Your emotions as expressed in words has now blinded you.
O.K., I need to do two things, FAST.
The first thing I need to do is to get you to look at
something else nearby since the object that has the master
time factor in It has disappointed you and you have blinded
yourself by your refusal to see it. Since you won’t look at
"FORECASTING11, 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 "reflected" in Appendix
III in "LEARN NOT TO LOSE".
The second thing that I need to do is to get your
attention. 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 factor, also you can do
angles any way you want to when you know the master time
factor) by an increment that I have chosen to show you a
possible way to chart (any way is O.K., just so long as YOU
know what you are 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 (that’s 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 (that’s 1962, 1963, 1964, and
1965). Lastly, look at the red color on Sheet 3 (that’s 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 regards 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 RULES FOR
PYRAMIDING. DO YOU SEE ANY POSSIBILITIES FOR THE REASON
THEY WERE DESIGNED AND WHEN THEY WERE DESIGNED TO
BE USED. I WILL NOT BE ABLE TO TELL YOU EVERYTHING
ABOUT MR. GANN'S TRADING SYSTEM HERE, I AM JUST
SHOWING YOU WHERE TO START FOR YOURSELF. ASK
YOURSELF THE QUESTIONS, WHICH RULES OF MR. GANN»S
WOULD I UTILIZE TO TRADE A PATTERN LIKE THIS, OR BETTER
HOW WOULD I DESIGN MY OWN RULES TO TRADE PATTERNS LIKE
THIS. WHEN YOU ARE ABLE TO DEVISE YOUR OWN RULES JUST
FOR YOU, YOUR OWN SITUATION, THAT ALLOW YOU TO TRADE
WITHOUT HOPE OR FEAR, BUT ON KNOWLEDGE, THEN YOU
HAVE ARRIVED AS A TRADER. ONE FINAL CLUE IN SETTING UP
YOUR RULES. IN MR. Gann’s DAY (HIS PRIME) WE WERE IN THE
HORSE AND BUGGY DAYS. NOW WE ARE IN THE JET AGE. TIME
SEEMS TO MOVE FASTER AND MORE VOLATILE, BUT A SCORE IS
STILL A SCORE.
Now that I have your attention again, I will say that you
should always observe everything if you are going to be a
seeker. And pa r t i cu l a r ly , i f y ou a re go ing to t ry to s eek
so meth ing a s elusive as the master time factor. You should
always see THE BIG PICTURE and the small picture BECAUSE
you never know what you might find in unexpected places. YOU
SHOULD NEVER ALLOW YOUR EXPECTATIONS OF SOMETHING TO
DISTRACT YOU FROM SEEING THE REAL THING JUST BECAUSE YOUR
EXPECTATIONS WERE DIFFERENT. IF YOU HAVE THIS PROBLEM, THE
WAY TO CHANGE IT IS TO CHANGE YOUR EXPECTATIONS, Don’t
TRY TO CHANGE THE TRUTH. The truth is-THAT I'M GOING TO PROVE
TO YOU FROM MR. GANN»S OWN WRITINGS THAT I AM GIVING YOU HIS
MASTER TIME FACTOR.
The first thing that we want to do is prove that the master
time factor is in fact contained in the lesson "forecasting 1 1 .
What we are going to do i s to ana lyze the ent i re brochure
in appendix III , " learn before you lose". I wil l just address
whatever comes to me and you will get the general idea and
can come back later and look at everything he says in the
booklet. Again, the copy is hard to read, but, I wanted you to
see that it was Mr. Gann’s own writing. That is why all material
in the appendix is copied from the original. In his brochure, I
will be referring to his page numbers in the brochure and
they are reproduced in my appendix-two brochure pages to the
single page in the brochure, except for the last brochure page
which would be page 19 in Mr. Gann ’s brochure. For example,
the page number 1 is "LEARN BEFORE YOU LOSE11-, then page
2 of the brochure is on the same page with page 1, and so on
until you get to page 19 which is on a page by itself.
Remember, I will not cover everything of Importance, but just
what comes to me to say to you that will prove to you that it
is the master time factor in Appendix IV. Then we will go to
Appendix IV after that and analyze it.
39
One other thing at this point- I have published this booklet in a
bound format for your convenience. The easiest way to follow this
material is to make photocopies of the appendices that we are
discussing and hold them next to each other and follow the
analysis as we go. You will be working primarily with
Appendix III and Appendix IV.
Page 1-"LEARN BEFORE YOU LOSE"—Three main reasons- he always
says the same and today I would add a fourth-our Inability to see
because of our mindset. My experience has shown me that his
reason #1 is an important problem that we have today. In all this
discussion when I say we, I am talking about traders that try to
trade by the Gann method as taught in his books. The reason
that #1 gives us so much trouble is that we have not understood
the master time factor as the base on which all his rules
function . Once we understand it we will alleviate this desire
to overtrade to some extent. We must learn to slow down our
sense of timing as regards the activi ty of the market .
Page 1-further down-he says WA smart man cannot follow
another man blindly even though the other man is right,
because you cannot have confidence and act on advice when
you do not know what it (the advice) is based on. " Exactly,
we could not follow Mr. Gann ’s rules because his advice
(rules) was based on the mas te r t ime fac tor and we didn ' t
know what i t was . Next sentence, he says, "You will be able
to act with confidence and make profits when you can SEE and
KNOW for YOURSELF why STOCKS should go UP or down.11
O.K., lets look at this. See how he is using capitals in words he
wants to stress in a certain way. I have been doing the same
thing throughout this story using the same words at t ime. I
wasn ' t t rying to f i l l pages, to me the sooner something can
be said and done, the better i t is, but, I was trying to develop
a mindset in you that would allow you to see how. Mr. Gann
changed his language when he wanted to tell you the secrets but
yet hide them and keep them back. I even planned my brochure
the way he would have done (and in fact did) his. I tried to make
my brochure mysterious enough to get your interest, let you
know that there was something worthwhile here, but not scare
you off by saying too much, but yet TELLING THE TRUTH IN THE
BROCHURE. Go back later sometime and see what I mean, it will help
you understand Mr. Gann better. So, here what he is telling us
is that once we know the basis of his advice (rules-as given in
his books and courses), then we can SEE (the same as ray SEE
throughout this booklet). And of course the basis of his
advice is the master t ime factor that is presented in the best
manner that you will probably ever see it by him.
Page 2-Mentions what he spent ($300,000) developing a worthwhile,
practical method of Stock Forecasting. That worthwhile method of
forecasting that he is talking about here is the same material in
appendix IV, plus the use of his other rules as based on
"FORECASTING".
Page 2-1 will address this much publicized article by Mr.
Wyckoff
40
Page 3-lst paragraph-In the interview, Mr. Wyckoff says, "He
bases his operations upon certain natural laws, which, though
existing since the world began". Certainly, we know that those
natural laws are the movements of the planets (astronomy)
as observed through empirical study of how markets
reacted at different time periods of a cycle of planetary
movements. This SEEN relationship over long periods of time
was his master time factor. The "master" meaning a guide or mold to
go by. There were variances from time to time but this was the
guide and the variances could also be explained to a certain
extent. Wheels within wheels.
Page 3-next para. - Part about new idea not welcomed by majority.
Still very true today and what we have been talking about this
whole booklet. It is hard for the majority (of us) to see what
we don't want to see.
Page 3-right column, 4th para. -part about "Early this year he
figured that the top of the advance would fall on a certain
day in August-" Mr. Gllley is talking about 1909 and you will
see when we study my chart based on Mr. Gann’s format why he
figured the top for then. Again, all these comments and
predictions are 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 opposition approaching; and symbolically
(ideally) and actually past study of his indicated that this was
why and how the stock market actually acted in past similar
cycles. Giving (as he said) not only the cause but the proof of
market action. The same thing happened in 1929 but it was a much
bigger "blow-off" because it was the end of the 60-year cycle
(or 3rd 20 year cycle). This also points out just what an astute
businessman Mr. Gann was. If he was going to make predictions
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 remarkable 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 birthday you will notice that it was
incorporated on February 25, 1901, and trading first began on
March 28, 1901. Also, you will notice that 1901 was the
beginning of his natural 20 years cycle on his master
forecasting chart. (Today this chart is #19 in a packet of charts
sold by Lambert-Gann Publishing Co.) I have indicated to you
earlier that there was also a conjunction of Jupiter-Saturn in
November 1901. When you are looking at a general monthly
chart over a period of 240 months (20 years), the few months
between March and November are not important; they were in
the same year and the "1" year on his charts are really the "0"
point of the chart; the M0W representing both the beginning
of the chart in time at January 1901 and the "0" representing
the Jupiter-Saturn conjunction itself in November 1901.
Astrologers (and astronomers, I guess) represented the
conjunction by "0" with quotations around it because it
indicated the beginning of a time relationship of whatever was
being looked at and it in fact also represented 0 degrees in that
cycle. The conjunction was always the starting point in the cycle
to measure from. Mr. Gann had said at other times that his
forecast could be made one year or more in the future WITH JUST
MINOR ADJUSTMENTS OVER TIME. If he knew what he was
looking for (he did-and you are beginning to) he could allow for
small adjustments in time on the repetition of these 20 years
cycles. That's where his other rules begin to be developed
and used. So, I speculate (to observe and believe as a result of
the observation) that Mr. Gann watched US Steel because it
was born at the natural time (year) of the conjunction and was
therefore (in his eyes) under the "influence" of the natural time
cycle (Jupiter-Saturn). In fact in his stock course later he says
that Steel (meaning US) made its all time high on September
3, 1929. And of course the averages did too. So, I think that
he used "Steel" as his natural barometer to trade off of the
natural cycle (Jupiter-Saturn) that seemed to "influence" the
stock market most. Naturally, he could not then trade the stock
indexes as we have today but he had to find an actual stock
vehicle to trade and US Steel was the natural choice. I
believe that Mr. Gann made those trades for the "Ticker Magazine
or Magazine of Wall Street" or whatever, in some fashion very
similar to what I have described for you. If this
speculation is approximately accurate, then that shows you just
how good Mr. Gann was in his prime. We cannot expect to be
able to forecast anywhere near that good, but as I will show
you when I bring the master time factor up to date through the
years that we can achieve a new perspective in regards to time,
when we utilize our new found understanding of Mr. Gann ’s
rules based on
42
this time factor.
Page 4-2nd para., right column- part where he predicts market
toward lower prices until March or April, 1910, -Look at his
rules on calendar years again on Page F-7 in "FORECASTING",
Appendix IV. (By the way I am going to start calling
"FORECASTING" and Appendix IV the master time factor. O.K.? It
saves us time and me typing. I am getting tired of typing. 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
September. He says that top comes in the 9th year between
September and November. How does he determine which month and
date that it will come. I speculate that he used some
astrological 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 W1M through W20") 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 astrologer (I don ’t know
I'm not one, but he was and he said it), is to divide it by 2. This
gives you the maximum point of where action turns into
reaction. Something (in this case, the 20 year Jupiter-Saturn
cycle) will start at W0M, its beginning and will advance to its
maximum moving out (widest point of separation) until it can ’t
go any further (opposition or 180 degrees); then when it has
reached its furtherest point out (action) it begins to retreat
(separation at its widest begins to narrow back to the next
conjunction) back into its self. This is the law of all cycles
and it is sometimes expressed as the law of action and
reaction. This is symbolism of the circle and circle represents
nature (astronomy and astrology, cell division, time periods,
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 opposition 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 begun
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 a t l iber ty to
depend on yourse lf , because being free means you have the
liberty to experiment on your own for yourself and you wi l l no t
have to be a f ra id tha t your sca le , o r your angle , or your
t ime per iod wil l 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 i t , the clearer i t wil l 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
t ime per iods wi th in the cycle that you are looking at ; in th is
case the 20 year cycle. And remember in here that we are dividing
the circle (20 year circle) the way Mr. Gann divided all his
circles; first by 2 to get 120 months (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 fs or 180 and Mr. Gann ’s
rules reflect this by 5th year ascension up and another 5th year
(10th year from beginning) down or bear year. Over time this
will become clear to you.
In order to get back to the original line of thought that I
started with at the beginning of the previous paragraph, I
want to say that on page 4 of the brochure where Mr. Gann
said in November 1909 that the trend of the stock market should,
barring the usual rallies, be toward lower prices until March
or April 1910. Then on page F-7 in the master time factor
lesson, you see under No. 9 that top is made September to
November in 1909, then you look to see what happens from
there, so you look at No 10., or 1910 and you see that it is a
bear year from 1909 top in October, but that rallies often-
run until March or April;- then you look back to page 4 in the
brochure and you now SEE how Mr. Gann made his forecast.
Pretend it is now 1910 or 1911. How would
44
you make a forecast for 1929 and 1930. You might say with
the rules in lesson on the master time factor on page F-7 that
you would look for a top in September to November of 1929
and then you would look for a sharp decline with the market
trending lower with some rallies until March or April 1930,
then you would look for another severe break to run until
November or December 1930 at which time that cycle would
end (talking about a 10 year cycle now or the same thing as
one-half of the twenty year cycle, just so long as we are
consistent in our stacking of the cycles and just so long as
we know what we are looking at and why) and a new one would
begin. Hey, YOU HAVE FORECASTED THE STOCK MARKET 19 OR 20
YEARS INTO THE FUTURE. And if you have some more good proven
rules to give better indications of this forecast you are in a
strong position to makes lots of money, if you keep your
health and money and if you are alive 19 or 20 years in the
future. Oh, also, I forgot that you must have some plan to take
advantage of this wonderful information, maybe some trading
rules designed just for your forecast, because you could be
wrong you know, you may have miscalculated, and you must
protect yourself if you have. Also, don't forget that just
because something has worked in the past, it may not work in
the future. Hmmm. So many things to think about. YOU MUST HAVE IN
YOUR POSSESSION SOMETHING LIKE A MASTER TIME FACTOR TO
MAKE A FORECAST LIKE THAT 19 YEARS BEFORE IT HAPPENS.
Lets wait and see what happens.
Still page 4-same two para. -Now you will have to admit that
we have done a lot of analyzing on two paragraphs, and we may
have looked at 1909 and 1910 more than you ever wanted to,
but, you will have to admit that we have learned
something’s that are beginning to look interesting. But
there's lots more, in showing you the path, the place to start,
I'm helping myself because I'm learning new things al l the
t ime. My creed says that 's what i t means when you GIVE
FIRST-THEN YOU GET. As far as analysis goes, we haven't even
done a good job on this page 4 of the brochure. One last
reference to page 4 and we will leave i t .
Page 4-third para, from bottom of page-he says, "In 1912 Mr. Gann
forecast the election of Woodrow Wilson and has been correct in
forecast ing the election of every President s ince that t ime.
-"-Now this gives me an opportunity to show you something
you already know, but some people think that Mr. Gann never
made a mistake in his forecasts and that he never told a lie
about his records. I have told you several times how I feel
about Mr. Gann and his work. My search in his work allowed
me to rediscover my creed . The most valuable object that I
have ever found. BUT, IF WE WANT TO SEE CLEARLY, WE HAVE
TO LOOK AT WHAT WE SEE. Here is an example of how we
overlook whatever we want to when we don’t want to see it.
This brochure was written probably in late 1939 and published
in early 1940 (probably). Mr. Gann, like all businessmen and
economic forecasters and people in general advertised his
hits and successes and never let us forget them (that ’s why
he reminds us; so that we will buy his services (courses);
but he forgets and overlooks his mistakes and his failed
forecasts and predictions and just never mentions them
again. I can tell you that he made many public predict ions
that
45
didn't pan out. I will also show you that most of them were predicated upon this same master
time factor that we are talking about. Later, I will cover one of them in particular detail so that we
can see why he was predicting something that turned out to be totally wrong. This is good for us to see
because we must never get to sure of our forecasts. Now to finish this page 4; Look on page F-11 in
the master time factor lesson and you will see one of the very rare Instances where you get to see Mr.
Gann make a forecast for the next year BEFORE It actually happens. If you look back at all his
material you will find particularly in later years that these forecasts are merely mentioned in his
books and discussed after the fact. In other words he says he forecasted so and so; and most of the
time he was right. I know because I have gone back and checked all of them to see if they were true.
There is another Instance that you will have an opportunity to see a forecast made before the fact
and it too was wrong. I will cover it later, but for those of you who can’t wait, it is in his book, W45
Years In Wall Street". When you find the predictions, they are glaringly wrong, figure out why he made
them, now, based on what we have already learned to this point. If you do figure it out now you are
well on your way to admitting that you have the master time factor. But, until, you can come up with an
acceptable reason for his being wrong on that particular prediction then you still have a ways to go. I
will offer you an explanation. You can accept it or reject it. It doesn't matter, because, by then you will
have seen enough that you are ready to start on your own forecasting methods for yourself. Again, to try
to get back to the subject at hand, Mr. Gann missed his forecast on the presidential election, as
you can plainly see, furthermore, you can see by that, that the paragraph on Page 4, about his
forecasting the election of every President since 1912 was not true; because he wrote this brochure, as I
said In late 1939. So, he apparently forgot missing that one. Besides that, his 1936 market forecast-
would not have been any good to try to trade either. But, it appears to me, that he just miscalculated
and didn't follow his own rules entirely, because his rule says that it would be a bull year generally. As
a final note on this; for a long time when I read this back in 1980 and 1981, I thought that he had taken
this lesson off the market, so to speak, because of the bad forecasts, and that he didn't want
anyone to see it since it was not correct. This may have had something to do with it, but, now I AM
CONVINCED THAT HE TOOK IT OFF BECAUSE IT MADE THE MASTER TIME FACTOR
TOO PLAIN IN OPEN WRITING. He also just sold this lesson as his MOST VALUABLE ONE. HE
CHARGED MORE FOR THIS ONE THAN OTHERS. HE ALSO SUBSTITUTED LESS
VALUABLE LESSONS FOR LESS MONEY. We will cover all this in detail later. For now, just
remember that Mr. Gann wasn't perfect in his life and his forecasting and trading the markets AND
WE DON'T HAVE TO BE EITHER. We just need to do better, on balance both in the markets
and in life. In the markets we need to make more profits than losses on balance. In life we need to
make more good moves than mistakes on balance. Both are learning arenas and we should continue to
progress and learn from our mistakes.
46
Page 5-lst para. - part about "His Stock Forecasts for 1920
and 1921 indicated a bear market with sharp declines.-" Now
look at page F-7 in the master time factor rules on calendar
years. See again No. 10 year (or 1920); indicates a bear year with
sharp declines-March and April. Also, look at page F-6
(remember anytime I precede the page # with F, that’s the
page # in the lesson on the master time factor); see again No.
1 year (or 1921) is the first year in a new decade (a ten
year cycle-but it is also the first year and new beginning of
the 20 year cycle; basically it ’s like a triangle, the left
side of the triangle going from "0" (remember that’s
conjunction) to 180 degrees (remember that’s opposition or
top), this time period from W0n 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
beginning 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 starting
from "1" year instead of "0", how do you think it would have
looked to start it from November 28, 1901.) So, you see that it
makes no difference where we start from, if we start from the
proper place (that we know) and be consistent. We can just
shift our reference point in our minds 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 something 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 Importance. What a s t range, cur ious ,
wonderful , beaut i fu l 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 assimilated 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 implying
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
Master Time Factor.
Page 5-2nd par a. -Mentions the Book, "TRUTH OF THE STOCK TAPE",
-I used to think that this was probably his worst book because
it was his earliest, now to me it is his best book. The book
didn't change, I did. The book is his best to me now because I
found the gold there in the form of one quotation from Emerson.
Page 5-next para. -"His Stock Forecasts for 1924 2nd 1925 outlined
the bull market which followed." Look at your colored charts
(Sheet 1). Look at 1924 and 1925 in red. Look at 1904 and 1905 in
yellow in the previous cycle right below. Also, look at your
master time factor rules on page F-6 and F-7 covering No. 4
and No. 5« Do you see why Mr. Gann called the 5th year the year
of Ascension. This gives you an opportunity to see how he
related market observations to biblical events in his descriptions
of the phenomena of an observed pattern in the markets. Also,
shows why he said on the 3rd day he arose. (This is also an
astrological hidden commentary- meaning the arrival of spring
from "0" the depth of winter December 21; you have three
periods. Or from anywhere because the third period (30 degrees
x 3 = 90 degrees) and of course the important square aspect
(angle) that also comes into consideration during the 5th year
and has significance in the cause of that phenomena of the
year of Ascension. This according to astrological
interpretation of astronomical events and to Mr. Gann.) I
don't know anything very much about astrology, but being a
seeker I can read a picture or map and therefore I don't have to
spend any more time with Astrology. — This brings me to
another side trip. I had several people that inquired about
ordering my booklet, respond by writing me that
48
The above is my speculation about the possible meaning and
explanation of the cause of the master time factor. I have strong
reasons for this conjecture. Also, before I forget, one
reason Mr. Gann (and the ancients and astrologers) called the
60-year cycle the Master Time Period is because it contains
approximately 2 cycles of the orbit of Saturn and 5 cycles of
the orbit of Jupiter. There is a great amount of material in the
last sentence alone. I cannot cover it here, but sometimes
look at the relationship above and see how the square of 12
(144) is involved and what it means and how you think Mr. Gann
was using his square of 12 and 144 and more importantly why he
was using them. It would take volumes to cover an analysis of Mr.
Gann’s work. I ONLY WANT TO SHOW YOU THE PATH IN THIS BOOKLET,
SO THAT 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
disturbed 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 factor. Mr. Gann was an astrologer and
therefore we must discuss it. If you plan to use the master time
factor in your trading, then you at least need to know what the
time factor is based on according to the man that developed it
and spent a lifetime developing rules to utilize its repetitions.
I can ASSURE you that Mr. Gann ’s whole trading system when
properly understood and applied is the most POWERFUL system
of trading that I have ever seen. I have looked at every system that
I have ever heard of. And as you know from my story I couldn't
say that earlier, before I discovered his master time factor.
Besides, we do not have to believe in or study astrology to use
his material, but we do need to know the fact that it was
astrology that led him to search for the repetitive patterns
in the cycles and that as far back as history is recorded man
has had similar beliefs about the causes of human activity. Page 6-
3rd para. - "On March 1. 1933, by the use of his Master
Time Factor Mr. Gann forecast bottom----M - You can read the rest
of his para, for yourself. On page F-6 in the master time factor
rules, No. 3, year No.3, in this case year No. 1933- well
read the part about how the decline from the 2nd year (1932)
may run down and make bottom in February or March of the
No. 3 year (1933). Then look at ray Master Time Factor Charts Of
The Dow-Jones Averages, Sheet 1, in red for 1933 in the 13th
zone. This brings up another thing that you need to know about
what Mr. Gann
50
means when he says something. To him the 3rd zone and the 13th
zone were interchangeable words. When he says year No. 3 in the
master time factor lesson on page F-6, he means year No. 3 in the
decade. This actually applies to the 3rd year from the beginning
measuring point of the 20-year cycle ("0" or conj.), but it also
means and applies to the 13th year or zone. This could be
confusing to us especially if we did not KNOW what caused the
20-year cycle to be important. Also, I want to point out that
there are other cycles of great importance. The 60-year was
most important to the ancients because of s izes of the
involved planets and Saturn was the most distant planet that
they knew. I am busy with some very interesting computer work
now on some original cycle work that I have fel t the need to
pursue as a result of some of the things that my speculat ions
about Mr. Gann's work has led me to. Back to the para, on page
6-The last sentence says "This is another proof of the great
value of Mr. Gann’s discovery of a Master Time Factor." That
sentence is also another proof here today 43 years later that I
have now given you the sincere student, Mr. Gann's Master Time
Factor. It SHOULD NOT BE ABUSED. USE IT FOR YOURSELF AND
USEFUL PURPOSES ONLY. IF YOU ABUSE ANY THING USEFUL, IT IS A
NATURAL LAW THAT IF YOU SOW THE WIND, YOU WILL REAP THE
WHIRLWIND. Just the possession of the master t ime factor will be
useful to you to see the unfolding trends, but you must master
yourself first, then all other useful things become more useful
with use.
Page 7-1 is not going to continue to point out every forecast and
where it came from in this booklet. There are two more on this
page and many more in all Mr. Gann ’s other books and courses. For
practice and more insight you should find everyone of them and
study them. Also, remember to look for and be prepared for
variations at times. You must also look for abnormal moves
such as in war times, etc. There is one thing on this page that I
want to point out to you though about Mr. Gann's language, so you
will remember every time in the future exactly what he is saying
-down at the bottom of the page- "The man who guesses and
gambles on hope is sure to lose while the man who follows
science makes profits." The word "science11 always mean the study
of the heavens either astronomy (cycles) or astrology (the art
of interpreting the heavens). Next sentence. -"There is cause
and effect for everything and by time element and the cycle
theory everything can be mathematically determined."- Here he
always means cause is the movement of some planetary body or
bodies or relationships; by the word "effect” he means the moves
of prices up or down through time as a result of the cause; and
by "time element and the cycle theory" he means his master
time theory that I have been explaining to you; "mathematically
determined"-you might first think he means the calculations
necessary to determine the positions of the planets and this is a
frequent expression used by astrologers, but Mr. Gann doesn't
mean that here. What he means is that if you have his master
time element (factor) and his cycle theory as mentioned in
the same sentence, the mathematically determined means simply
counting the years on your the digits of your two hands. Just
simple counting-1, 2,3,4,5,6,7,8,9,10. - Hey, that’s math and THAT
IS EXACTLY WHAT
51
HE MEANS. He always did his advertisements that way. It appeared
more scientific to say mathematically determined than to say
rules for counting to 10. Mr. Gann ’s natural genius for selling
his products have been overshadowed by his forecasts but his
sales ability was by no means small.
Page 10-about 7 para, down- talking about his 1937 forecast.
"This year comes under a time cycle which definitely indicates a
bear year in most stocks and a panicky decline— fl see his No.
7 on page F-7, same old story now with the forecasts, but you
have 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 astrological 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 discovery of a
mathematical master time factor and cycle theory which
enables him to tell when certain cycles recur and great panics
and booms take place. -" By now you KNOW what he means. Look
below in the next two paragraphs. Quote to yourself from your
knowledge of the master time factor rules on F-7 for 1938, the
8th (and 18th) year.
Page 11-bottom of page- AGAIN WE REPEAT: - He is telling us
over and over about his method of forecasting -and he is
telling us more here than we first see. Here is one of my
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 mystical meaning for
circles. This quotation has dual meanings, the second hidden
under the 1st.
«•
The above quotation brings up a quick side trip. I did not
intend to get into angles, calculators, master squares, etc. in
this booklet. As I said, le ts just too much for one time. Besides
the master time factor is the most important and if you are a
sincere student you will be able to come to all of this now on
your own. But, lets look on page F-15 in the master time
factor lesson, since we are talking about squaring all circles
and holding fast to those which are good (proven, also
squared). At the bottom of the page, the "NEW YORK STOCK
EXCHANGE PERMANENT CHART"- For those of you have seen it so
many times, did you know that this "master" chart that is the
SQUARE OF 20, meant that it was the square of the Jupiter-
Saturn cycle. Did you see how Mr. Gann has squared or "proved"
the "master" circle (20 years). Did you know that this lesson
with the knowledge of what the master time factor is and
how it can be used gives you the key to understand Mr. Gann’s
calculators and other master charts. This is a quick side trip,
so we can't get into all this now. I just want to mention
two or three things. Almost all of Mr. Gann's calculators
52
are designed to calculate the position of prices and natural
resistance levels based on their positions within the square of
their natural cycles (which everyone you are looking at-and
some of them are designed so that there are several different
cycles within the same square or calculator). Almost all of-Mr.
Gann’s squares and calculators are the squares and square-roots
(origin of) different planetary cycles (M0Mto "0"). You can figure
them out. But it is a waste- to put so much time on them- we do
it, because we humans love exotic and scientific things like
mysterious "mathematics" Instead of dull things like counting on
our fingers 1,2,3,4,5,6,7,8,9,10. Aren't the calculators so much
more fun, BUT HAVE THEY BEEN MORE PROFITABLE FOR YOU? While I am
thinking about counting, I mentioned to you earlier that we
seekers must ALWAYS be looking into all kinds of things (seek
means to look). We must look into the meaning of words and the
meanings behind words and languages. Take the word "SCORE", for
Instance, of course it means 20; but how many other meanings can
you think of for it-scores, I bet. It means to tally, keep count
of, make a round trip around the baseball diamond (circle,
square), it means to mark something until the next time, It even
has slang meaning for things of a more personal social nature.
Look at how we use some of the words and relate them to the
SCORE of years it takes to repeat one cycle across Mr. Gann’s
master time chart. I have made a copy of the square of scores
for you. The square of twenty from the birth of the New York
Stock Exchange on May 17, 1792 (according to the figure that Mr.
Gann used), has an Interest ing i tem in the center where al l
the central angles cross. You would expect some type of change
in trend their of major significance, since this is a square
that covers 400 years, now lets see, is that 1982? I wonder how
long this bull market should last? Do I have any way to
forecast i t? The last point I want to make here is: Again,
you have to watch Mr. Gann’s words, on page F-15, he says the
square of 20 can be used to measure days, weeks, months, or
years- but he really means YEARS, days, weeks and months are
contained in years, but he doesn't mean the square of 20 days, or 20
weeks, or 20 months. HE MEANS ONLY ONE THING - THE SQUARE OF 20
YEARS. He couldn't just come out and say the SQUARE OF 20 YEARS,
BECAUSE THEN YOU WOULD KNOW THAT HE MEANT THE SQUARE OF
THE JUPITER-SATURN CYCLE. So he tosses in the other time
periods of days, weeks, and months to confuse the issue. You must
always determine what he is talking about at the time in order to
know which time period to select. Another example, most of the
time when he talks about the square or 360, he is talking about the
SATURN ORBIT or 30 years (approximately) or 360 months. Then
he means a monthly chart even though he will say daily, weekly,
monthly, yearly, to make you think he is talking about all of
them simultaneously. There are several others , the 45, 90, 12,
e tc . etc .
As usual tha t s ide t r ip turned out to be longer than I had
intended. I have two comments that I want to bring to your
attention on pages 13 and 14 of the brochure. First, page 13- wOne
of the rules is for trading for fast moves after the market
gives a definite signal—"- Oh, the trouble I have had with the
Gann rules, before I discovered his master time factor. I got
signals
53
all the time-and most of the time wrong signals. -The reason-
I was trying to trade to often. You see for yourself you
should plan your trades by the YEARS- not by the days or
hours. The monthly chart shows you the MAIN TREND. Have you
ever had any trouble determining what the main trend was? I
can't begin to estimate the hours that I have spent trying to
determine what the main trend was. CAN YOU BEGIN TO SEE SOME
BENEFICIAL things that the KNOWLEDGE of the master time factor
is going to do for you in your trading? You must take the
knowledge and then go back to everyone of his rules and see
what he was really trying to do with each rule and what its
purpose was. Did BOTTOMS AND TOPS ever give you trouble
understanding what and how he meant them to be used. DO YOU
SEE THEM IN A NEW LIGHT YET? On the bottom of page 14 Mr.
Gann makes another quotation from the Bible, and says, "Ye
Shall Know the Truth and the Truth shall make you free". He
ties useful information that he will give you if you order his
course or courses to a truth from the Bible. This gives you
some Insight to what the quotation really means. Can you
begin to sense a certain freedom that you have now in your
understanding of Mr. Gann's work now that you know what the
master time factor is and now that you understand the idea
behind it so that you can experiment, study, and research
market movements on your own? Or, haven’ t I convinced you
yet that I have given you and am giving you the master time
factor? If I haven11, the best proof is yet to come.
Page 15-3rd para. -"If the average man or woman would only
spend the first few hundred dollars they lose in the market
in acquiring knowledge and learning the rules for buying and
selling at the RIGHT time, they would then make profits-not
losses". Mr. Gann was telling you this to sell you his courses,
but he was telling the truth. If you have not been making
profits in the markets, but have Instead been making losses, you
need to STOP TRADING, stop completely, take the information
that I have given you on Mr. Gann's master time factor, learn it,
study it, go back and study his other rules, learn now with new
insight and understanding what they meant, realize that you do
not need to trade to often and only at the right TIME,
prepare a set of trading RULES just for you, made by you,
designed by you, based on this remarkable man's work. Then and
ONLY then go back into the market with prudence and common
sense, if you do not start making profits almost immediately, then
STOP TRADING, find out what's wrong, TEAR THE PROBLEM
OUT, and start over again.
Page 15-bottom of page-His description of what he calls his
Complete Course- "The Complete Course is in Four Lessons: --"-
Then he goes on to describe the contents of this course. I
learned a lot about how Mr. Gann used his words and his language
by reading the descriptions in sales pieces that he had written
about his courses and materials over the years. I have
mentioned to you before, that it is the little things that are
so important to observe when you are studying his work.
For instance, take this course that he calls his "Complete
Course", you would assume at first glance that this would
contain
54
all of his material, but this "Complete Course" does not
contain the "FORECASTING" or master time factor lesson, the
one written in November 1935 (the real THING); instead, this
course contains the one he had just written 3 months earlier in
August, 1939, a substitute, and a poor one when compared to the
"real McCoy". You may ask how I know that; it is simple. I know
it by studying what and how Mr. Gann has advertised in the past;
by the previous relationship between how he advertised other
past material and the style that he used to do so, I found that
he would make something in an advertisement sound
scientific, mystical, Intriguing, or tied religiously to the Bible
or some worthwhile quotation; then he would mention some
phrase or sentence in the ad and tell you what the value would
be to you in certain terms, this phrase or sentence would be in
the piece that he advertised, this would then tie them together
and when you ordered the book or course you would see the
relationship. By studying the past (his materials), then I can
see him do the same thing in the future and now. In other
words what he did in the past, he will likely do the same way
in the future. He is a creature of habit Just like you and I
and the patterns of the market and the seasons. The purpose
of my bringing all this to your attention is that I want you to
see that it is the little everyday things that we do everyday
that is so important in the long run. By studying patterns we
learn about all kinds of things. Patterns in the market when
learned will give us truths that will allow us to profit; patterns
in our minds will give us truths to live by that will set us free
(the proper mindset); the patterns in Mr. Gann's past
advertising habits will give us ironclad conclusive hard
evidence out of his own mouth that I have been giving you his
master time factor. He protects it so well by hiding it out in
the open (just like the ancients) and never really
identifying it, but then his advertising habits allow us to SEE
it clearly. HERE COMES MY FINAL EVIDENCE. I WANT YOU TO KNOW WITH
CONFIDENCE THAT YOU KNOW HAVE MR. GANN»S MASTER TIME FACTOR.
In my Appendix I you will find a complete copy of the August 1939
lesson tha t Mr. Gann had wr i t ten 3 or 4 months before the
publication of this brochure. At the bottom of page 15 in the
brochure he describes the lessons that will be included in
the four-lesson course which he is calling his complete course
here (at other times in past advertising pieces he has called
the different courses by slightly different names). At any rate
when he describes Lesson III he calls it Time Elements and Time
Rules lesson. He doesn’t call it by the name "Forecasting By
Time Cycles11 that you see on the Title page under his letterhead in
my appendix I. But the key to knowing that this is the lesson
that he is talking about comes in the next sentence after
Time Elements and Time Rules. He says, "There is a definite
relation between price and time. -" Then under appendix I, lesson
entitled "Forecasting By Time Cycles", the fourth paragraph
down on the title page starts with the sentence "There is a
definite relation between TIME and PRICE." Mr. Gann always did
this- he would take one or more words or sentences directly out of
the thing he was going to sell and he would use it or refer
to it when he advertised it. Now I know that you think that
this is a trifling
55
thing and that I am pulling at straws but you need to just bear
with me because the fact that he has this habit of doing this is
going to show you for yourself without any doubt that you NOW
HAVE THE MASTER TIME FACTOR. You see going back to the Course
Description that we are considering; it is necessary to identify
which course that Mr. Gann was talking about in his brochure
because he had so many and different ones at different times.
It's like I changed certain parts of my story in this booklet and
sent some of you different versions. To show you that the 1939
lesson on forecasting By Time Cycles11 is the one again that he
is describing, look back at that same paragraph "There is a
definite relation between Time and Price. -Then next sentence-
"In the previous Lessons you have learned about Formations
and Resistance Levels-M-Now look back to page 15 in the brochure
and you see the Lesson I and Lesson II matching the description
and order of this described course. This is all in the Stock
Market Course today. Now on page 16 he calls this same course
described on page 15 as his Course No. 2 Complete Course of
Instructions-consisting of Four Lessons -the ones we have Just
described except for the Volume Lesson which wasn't important
to my discussion. Now in this course No. 2, look at the price,
he says it is more complete than ones he has sold for $5000 in
the past, and he says that it is worth $5000, but now in 1939-40
times are hard; so hard (he doesn't say this-that’s my
observation) that he is going to reduce it to $1000. No
mention of the master time factor. If this course is better than
what he sold in past years for $5000, then I'm glad I didn't
get it, because I have it now, you do too, if you have the Stock
Market Course, and I could not trade off it well enough to make
any money without knowledge of the master time factor. On
page 16, look at Course No. 1, that's the starter set for young
people it is Lesson 1 and 2 only and it costs half the price of
Course No. 2 because it is half the course. In case you are
wondering what the initials mean in the description of Lesson 1
under Course No. 1, it means break-a-way points. Also notice the
difference in the description in this Lesson 1 in Course No.
1 and the description in Lesson 1 in Course No. 2-; but, they are
the same lesson in both cases, just advertised in different words
to appeal to different pocketbooks and tastes.
P a g e 1 6 - b o t t o m o f p a g e - N o . 3 M a s t e r F o r e c a s t i n g M e t h o d -
N O W W E COME TO THE "REAL McCOY", THE COURSE NO.
3, THE MASTER FORECASTING METHOD, THE ONE WITH THE
BEST DESCRIPTION OF THE MASTER TIME FACTOR THAT YOU
WILL EVER SEE IN MR. Gann’s OWN HANDWRITING. BUT MY
BACKGROUND INFORMATION THAT I HAVE BEEN GIVING YOU
IN WMY STORY-A SEARCH FOR W.D. Gann ’s MASTER TIME
FACTOR" IS THE THING THAT ALLOWS YOU TO KNOW WHAT IT
WAS AND HOW TO USE IT, BECAUSE MR. GANN STILL DID
NOT WRITE IT OUT AND SAY "HERE IS THE MASTER TIME
FACTOR", EVEN WHEN YOU PURCHASED THE COURSE.
BECAUSE, LIKE THE ANCIENTS AND ADEPTS, HE DIDN'T
KNOW IF THE PEOPLE HE SOLD IT TO WOULD ALLOW
OTHERS TO COPY IT, OR RENT IT, OR GIVE IT AWAY TO
FRIENDS, JUST TO BRAG THAT THEY HAD THE MASTER TIME
FACTOR. IF YOU WILL, IT WAS HIS METHOD OF "COPY-
PROTECTING" AS IS DONE TODAY WITH COMPUTER SOFTWARE.
I REALIZED THAT WHEN I SOLD THIS BROCHURE TODAY
THAT I WAS VIOLATING THIS
56
PRINCIPLE, BUT I FELT THAT THE GOOD OF SHOWING THIS INFORMATION
TO A SELECT FEW SERIOUS STUDENTS THAT HAD WORKED HARD
TO UNDERSTAND MR. GAHN'S TRADING PHILOSOPHY VERSUS ITS
POSSIBLE (PROBABLE) ABUSES WOULD MAKE IT WORTHWHILE TO DO SO.
HIS COMPLETE METHOD WHEN PROPERLY UNDERSTOOD BY USING THE
MASTER TIME FACTOR AS THE FOUNDATION AND THE REST OF HIS
TECHNIQUES AND RULES AS THE BODY OF HIS TRADING SYSTEM IS TOO
VALUABLE TO BE ALLOWED TO GO TO WASTE BY LACK OF
UNDERSTANDING AND IT IS TOO VALUABLE TO HAVE PEOPLE
"TURNED OFF" BY ALL OF THE COUNTERFEIT ANALYSIS OF HIS WORK
THAT IS ALL TOO PREVALENT TODAY. BY MY SMALL, NOT WIDELY
DISSEMINATED PUBLICATION I HOPED TO ACCOMPLISH BOTH OF THE
ABOVE OBJECTIVES AT THE SAME TIME. FURTHER, I TRIED TO PUBLISH
THIS VERY VALUABLE INFORMATION AT A PRICE THAT EVERYMAN
(includes everywoman) COULD AFFORD, SO THAT NO PERSON WHO
DESERVED THIS INFORMATION WOULD BE LEFT OUT. THERE IS NO
REASON FOR YOU TO EVER PAY ANYONE ELSE AGAIN FOR MR. Gann’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
Method11-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 secret
discovery of the Master Time Factor" and the words that he
uses in the lesson itself on page F-9, "my discovery" tells
us that he is now talking about the master time factor. You
see he left out the word "secret" in the 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’t you think that it would be a good idea to keep it that
way? AT LEAST UNTIL YOU HAVE HAD AN OPPORTUNTITY TO GO BACK
AND APPLY HIS OTHER RULES WITH NEW UNDERSTANDING TO YOUR OWN
TRADING SITUATION. IT WILL TAKE TIME AND WORK ON YOUR PART FOR
YOU TO LEARN JUST HOW VALUABLE THIS INFORMATION IS. YOU MAY
NOT IMMEDIATELY SEE ITS VALUE, BUT IT IS THERE, IT’S JUST THAT
YOU MAY NEED TO CHANGE YOUR SELF (MINDSET) SOMEWHAT. I HAVE
BEEN TRYING TO HELP YOU THERE TOO.
Page 16-bottom of page- same sentence that we have been
analyzing—, to continue, -"and a new way of Forecasting by
Mathematical Rules that are simple and practical."—That new
way of forecasting is reflected under the heading, RULES FOR
FUTURE CYCLES, on page F-3 in the master time factor
lesson, but the part that he called the "Mathematical" part
of the forecasting, that is based on pages F-6 and F-7 under
the heading Bull and Calendar Years on page F-6. He says that
part (the mathematical part) is simple and practical. And
counting 1 through 10 once, then twice is the simplest math
that you can come up with. He tells you in the second
paragraph under the heading Bull and Bear Calendar Years,
that "All you have to learn is to count the digits on your
fingers in order to ascertain what kind of a year the market is in".
NOW, THAT'S WHAT I WOULD CALL SIMPLE AND PRACTICAL MATH.
WOULDN'T YOU?
Page 17-Top of Page-under the heading "MATHEMATICAL RULES OR
REASONS:"-The f i rs t sentence reads, " I t i s poss ib le to get
as many as n ine confi rmat ions or reasons why a s tock should
be bot tom or top at a cer ta in t ime and the greater number of
confirmations the surer the chances of making profits."—This
sentence relates to information that he gave in Lesson 2 of the
4 Lessons included in the No. 3 Course ( the one with the
master t ime factor in i t ) . This Lesson 2 was ent i t led
"RESISTANCE LEVELS" and i s no t inc luded in my
append ices . I t i s in the present day W.D. GANN STOCK MARKET
COURSE AND IS PAGES 293 THROUGH 311- The nine
confirmations he is talking about begin on page 309, under the
heading "NINE PROOFS OF RESISTANCE" and continues to half-
way of page 309- (If you have an older course than my copy,
you may find that the page #s are not the same).
Page 17-2nd par a. -In the last sentence of this paragraph he
says,
58
"This course gives mathematical proof of how I forecast the 1929
Bull Market and the Panic which followed to 1932. "--Again, from
Mr. Gann’s advertising habits, we find another proof that I have
given you the master time factor. Look on page F-9 of the master
time factor lesson under the heading-"1929 FORECAST"-read both
paragraphs; also, in the last sentence of the 2nd paragraph under
that heading, he says, "There is no other way, outside of using
the 20 and 60-year cycle that we could have forecast this great
bull campaign and its culmination so closely in 1929."—THERE YOU
HAVE AGAIN, IN MR. GANN'S OWN WORDS, PROOF, that I have given
you Mr. Gann’s master time factor in my booklet, "My Story-A
Search For W.D. Gann’s Master Time Factor". If I had had any
doubts that his master time factor could have been anything
else, I would never have charged you for your time. But I have
gone into so much detail, BECAUSE, I wanted you to SEE IT
clearly, because this is going to be the base (foundation) of
your future use of Mr. Gann’s trading system.
Again, I wil l 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”(today, you w i l l f i n d t h a t l e s so n i n t h e S t o c k C o u r s e o n
p ag es 3 1 t h r o u gh 55); Lesson 2-"RESISTANCE LEVELS"
(today, you will find that lesson in the Stock Course on pages 293
through 311); Lesson 3-"FORECASTING" (it contains the master
time factor and is not present ly in any of Mr . Gann ’ s publ ished
books or courses, but i t i s g i ve n t o yo u i n i t ' s en t i r e t y i n my
Ap pe nd ix I V , an d I hav e been referr ing to i t as the master
t ime factor lesson) ; Lesson 4- "VOLUME OF SALES" (today, you
will find this lesson in the Stock Course on pages 128 through 144).
THE ABOVE GIVES YOU THE ENTIRE COURSE NO. 3 AS ADVERTISED
BY MR. GANN IN 1939- HE CHARGED 2 AND ONE-HALF TIMES MORE FOR
THIS COURSE THAN HE CHARGED FOR WHAT HE CALLED HIS
COMPLETE COURSE (COURSE NO. 1). THIS WAS IN 1939 DOLLARS
AND IT IS THE MOST VALUABLE OF ALL HIS COURSES BECAUSE IT GIVES
YOU THE MASTER TIME FACTOR. HE DID NOT TELL YOU WHAT YOU
NEEDED TO KNOW TO USE THIS MASTER TIME FACTOR, NOR DID HE
TELL YOU WHAT IT WAS THAT HIS MASTER TIME FACTOR WAS BASED
ON; BUT I HAVE TOLD YOU THE ANSWERS TO BOTH OF THE THINGS HE
DIDN'T TELL YOU; AND, I HAVE ONLY CHARGED YOU FOR YOUR TIME,
BECAUSE WHAT I REALLY WANTED YOU TO SEE WASN'T THE MASTER TIME
FACTOR, BUT MY CREED.
Now you have been given the best proof that I am able to give
you, that, you do, in fact, have in your possession, the master
time factor. The best proof that you can give yourself is to go
back and begin reading and studying all the Gann rules with the
"new light" that you now have. If you will learn and acquire
knowledge before you trade you will be successful.
There are 3 more pages of this brochure that we have been
analyzing. I have given you my best evidence already, but
there is more useful information in the last 3 pages too, so
we will cover them too and we will have the added benefit of
acquiring a habit of finishing what we start.
59
Page 17-the part under the heading, "WHY YOU CAN MAKE MORE
PROFITS TRADING IN COMMODITIES THAN STOCKS"— the first
paragraph, he says, "In trading according to my Mechanical Method &
Trend Indicator or according to my 1936 New Master Forecasting
Methods on Cotton, Grains, Rubber and other commodities there are
many advantages over trading in stocks"- . Then he lists the
advantages. This paragraph allows me the opportunity to address the
s i tuat ion that I had when I adver t ised my brochure. I lost most of
my orders because commodity traders did not want to know anything
about the stock market. They had the same mindset regarding the
stock market that I, myself, had and the one which I have been
describing to you in my story. They refused to see the value in
what I was offering (even though I used the master t ime factor
i tself) , because it was not what they wanted to hear or it was not
what they thought they wanted to hear; they wanted something that
would tell them all the tops and bottoms in the commodity market
that they wanted to trade. I had many people respond to my
advert isement by saying, "I only trade beans-I don ’t trade stocks,
your brochure didn't mention beans, it only ment ioned stocks; i f i t
doesn ’ t cover beans, then I am not interested in i t" . I used to feel
that same way myself . I was a bean t rader . I d idn ' t want to know
anything about s tocks. I rejected the stock market as being
valueless to me. That mistake in my mindset is what cost me so
dearly in time and money. You see, I didn't seem to care whether I
could make PROFITS, BUT, I JUST SEEMED TO CARE THAT I COULD
TRADE BEANS! My mindset confused trading a part icular market with
trading for profi ts. I couldn't tell these people that wanted the
master time factor to be about beans (o r go ld , whea t , ca t t l e ,
be l l i e s , e t c . ) tha t i t would be that way. THE TRUTH IS WHERE WE FIND
IT; NOT WHERE WE WANT IT TO BE. (Fortunately, for us the truth is
everywhere, but most easily found in that which we reject as having
no value; once we find it in the refuse , then we can go back and
f ind i t in the p laces where we. once searched so vainly.) There are
a couple of good reasons that I could not address the bean market
(and other commodities). One PRIMARY reason is that I did not
have the adequate data in the form of prices back to 1901 (or
further). Without the data, I could not tell you how the master time
factor would work with the different types of commodities. I knew
that beans did not always follow stock prices. I had the data In the
stock market in the form of the Dow-Jones Averages that I could carry
back to 1901, AND I HAD MR. GANN'S STOCK MARKET LESSON ON THE
MASTER TIME FACTOR. (Actually, I had it for a long time, I was just
unable to be aware of it because I INSISTED ON SEARCHING FOR IT IN
MY BEAN MARKET.) Now that I have the stock market master time
factor and the data accumulated, AND THE VEHICLE (stock indices
futures and options) TO TRADE IT, why do I need to insist that I have
to trade something else that I don't have the data on, but just
simply l ike to trade (out of habit) . Of course, i f you are making
prof i t s consistent ly in whatever you are t rading, then you
should hold fast to tha t which is a l ready working. If you are a
hedger, and you want to use the master time factor in your part icular
commodity, you will have to develop your own data back in time
or get someone to do it for you. I am
60
in the process right now of acquiring data back in time to i860 on several different
commodities. Until that time I will not try to utilize the master time factor with other
trading vehicles, because I have seen that each has its own variations. I only need one vehicle
to specialize in and if I am a speculator, I already have it, as I said above.
Mr. Gann says in that paragraph on page 17 that his master forecasting methods work
on all commodities as well as his method works on stocks. But, I can't prove that at this
point, simply because I don’t have the necessary data. But I can (and will) get it. You can too.
We just have to do some work and searching. Do you understand what I'm saying? In the
meantime, while we are acquiring the data in these other commodities that we want to
trade, we can study and learn to use what we have already. My creed tells you that if you
want something, FIRST USE WHAT YOU ALREADY HAVE AT HAND, and then
the other things that you need, will come. Besides, Mr. Gann did not have the stock
indices to trade as we now have. It is my opinion that he would have told you to trade the
stock indices if he had had them, because his master time factor apparently works
better with the Stock Averages than with anything else. Therefore, until we can acquire data,
and do better, every one of these comments about trading commodities that he mentions
on pages 17 and 18 apply equally well (perhaps MORE APTLY) to the stock indices and
options that we can trade today. WE HAVE A WONDERFUL OPPORTUNITY
HERE-THINK ABOUT THE POSSIBILITIES! I tell you-FOR THE GANN
TRADER, THE STOCK INDEX MARKET CAN BECOME "KING" FOR A
LONG TIME TO COME. Page 18-under heading, "FORECASTING METHOD ON
COTTON OR GRAIN11-right under that he says,” Contains Master Time Factor". —
Now, there are many more things that I have not been able to tell you about Mr. Gann's work.
My goal in this booklet was stated. I only wanted to show you the path where you can start. I
hope I have done that. I have tried to show you that you can start in the stock market
index or options. For those of you who Insist in only looking at beans and agricultural
markets (if you are a hedger, this is understandable), I am going to show you a path that
you can start on in your search for the master time factor in grains. On page 18, when he
says that his Forecasting Method on Cotton or Grain Contains the Master Time Factor,
we have another clue available to us. If you have the W.D. Gann Commodities
Course, you will find the nearest version to what he is talking about in the Chapter #6,
entitled, "the basis of my forecasting method for cotton11. In my course it starts on page 68 and
goes through page 89» But the part that contains the master time factor that he is referring to
starts on page 80 under the heading, "forecasting cotton by time cycles". Now, you will note
there, that the 60-year cycle is the same old master time factor that we have in the stock
market, but if you have learned ANYTHING from my story and the Importance of
OBSERVING, you may see some different possibilities for the importance of certain time
factors within the master periods. Also, you know what the time cycles represent; therefore,
I have given you the knowledge (sincere Gann student) where to begin in
agricultural commodities. Just because the 20 year period is the most
61
important factor within the master t ime periods (and is
therefore , a lso the same th ing of which i t i s a par t ) of the
STOCK MARKET, it does not have to hold true to the same degree in
the grain markets, there can be other factors within the grain
markets that are more important than the 20 year period. If you
don't understand this now you need to study my story more and Mr.
Gann’s work then you will SEE. Naturally, you must first acquire
good clean data far enough back and you must organize it into the
proper format to be useful to you.
There are 19 pages in this small, overlooked, pretty-well unknown
advertising brochure that we have been analyzing. On the 19th
page, Mr. Gann gives some pretty good advice, and the title of
the brochure, "LEARN BEFORE YOU LOSE OR WHY YOU HAVE LOST
MONEY IN STOCKS AND HOW TO MAKE IT BACK" tells you the
truth too. But, the most appropriate way that I can think to end
this chapter is by paraphrasing the last paragraph on Page 18, the
one under the heading, "KNOWLEDGE IS POWER".
Webster said: "The man who can teach me something is the man I
want to know." You may think my price is high, but stop to
consider that you have the use of these Methods during your
entire lifetime and that the knowledge I have given you about Mr.
Gann’s knowledge will be worth the money you paid me. You can
easily lose in the market on one trade the price you paid me
for my story, and the market leaves you with no valuable
knowledge after your losses. LEARN TO SEE AND KNOW FOR YOURSELF
WHAT COMMODITIES AND STOCKS WILL DO; THEN YOU WILL MAKE A
SUCCESS.
Well we are approaching dusk in my story. But before the sun goes
down, whi le there i s s t i l l l igh t , I wi l l t ry to show you a pa th
that you can take which will lead you to more insight about Mr.
Gann’s Master Time Factor. That is what "a seeker" is supposed to
do; just find the path. I can tell you again that the best, most
rewarding path leads to Appendix V. "THE SEEKER'S CREED". It’s the
one jus t beyond the mas te r t ime fac tor appendix . I to ld you
earl ier that they probably go together!
62
CHAPTER 8
HERE IS A PATH. YOU COULD TRY THIS ONE
Well-, I have come quite a "way" from where I first stumbled into the
Gann jungle. I t was such a big wilderness with so many dangers.
I have tried most of the paths that I saw in there and I got
"banged-up" and bruised pretty-badly on some of those paths. Finally I
climbed a mountain by the name of "Master Time Factor" and it
allowed me to get high enough to see the surrounding t e r r i t o r y . I
t h e n s a w t h a t I d i d n ' t h a v e t o g o t h r o u g h th a t jungle to f ind
what I was looking for . I had i t a l ready. Right wi th me. So do
you. I d idn ' t want you to have to go in to the jungle l ike I did. So
I thought that I would wri te my story for you so that if you did
insist going into the Jungle, you would at l eas t be ab le to t rave l
eas ie r than I d id .
If I were looking for a proper course to take now that I "know"
what Mr. Gann's master time factor is, I would study the maps
(charts) in great detail . I would go back and check every one of his
forecasts so that I could see where he was right and where he was
wrong. I would log those detai ls and see if his r ight ones were
more right at certain times and if his wrong ones were more wrong at
cer tain t imes. I can tel l you that he was not a lways right . But he
was right more than anyone else that I studied. I would rea l ize , i f
I were looking for a proper course to take , that no forecast ing
tool is a lways correct and I would never expect more from any
market tool than it could deliver. What has happened in the past seems
to happen in the future to a certain extent, but hardly ever to the same
extent. We CAN NEVER BE TOO SURE THAT SOME EVENT IN THE
MARKET WILL OR WILL NOT OCCUR. WE MUST NOT ALLOW AN ABSOLUTE
MINDSET TO TAKE CONTROL OF OUR PRUDENCE. Mr. Gann sometimes made
this very common human mistake. If you have his book "45 Years In
Wall Street 1 1 , there is a sub-book inside of it by the name "NEW STOCK
TREND DETECTOR", if you turn to page 26 in that sub-book you will
find the heading, "WILL STOCKS GO BACK TO 1929 HIGHS?". Mr. Gann
gave the answer, "I am confident that the Dow-Jones 30 Industrial
Averages will NEVER sell at 386 again". Mr. Gann should have
known better than to make a statement like that. He made this
statement in the latter part of 1935, but he included the material in
a book that he published in the summer of 1949, so he still believed
it then. Remember, he would rarely, if ever, publish something that
he thought might not prove true in a book, because it was then "set
in stone" so to speak and he had a remarkable record of correct
forecasts and it does not look good for a forecaster to have bad
forecasts lying around in books where anyone can see them. So, I
be l ieve , tha t even in 1949 he s t i l l be l ieved his s ta tement tha t he
made on page 26.
I wi l l t e l l you why he bel ieved i t a f t er we look a t another
forecast he made in the same book "45 YEARS IN WALL STREET", but by
now when you see the forecast, you will know why he said what
63
he did, because, now you have the master time factor. On page 130 of
tha t book, he says , under the heading, "Future Trend of Stocks",
-"The Master Time cycle which I have used to forecast every
important boom and depression or panic for more than 30 years, will
in my opinion accurately forecast the next panic. "-He is writing this
in the summer of 1949. He goes on to say, on page 131, "My cycle
theory indicates that the business boom following the war ended in
1948 and that the trend is now down." In the next paragraph he
says, "My study of time cycles Indicates that the business
depression wil l get worse in the last half of 1950 and in 1951 and
1952 we will run into real panicky and depressing conditions which
the government will be unable to cope with." Finally, on page 132,
under the heading, "Preview of 1951 to 1953", he says, "1951 and
1952 indicate very depressing years for business and a bear market in
stocks. Many stocks will go much lower than people ever dreamed
they could go.11
You see, of course, that he was looking for the top to come in
1948 , o r 1949 , jus t as in the pas t , and then the sharp bear
market from 50, 51> 52. Look again on page 129 of the same book.
He says, "The depression and panic will come before the New Deal
(Roosevelt Administration carried on by Truman) goes out of office
in 1953. NOTHING CAN PREVENT IT. PANIC AND DEPRESSION HAVE ALWAYS
FOLLOWED WAR.W See he is forecasting by his master time factor. But look
at my charts. This time he was wrong. Or was it tha t the master
t ime fac tor was wrong? I t ’ s the same th ing, because all of his
forecasts are based on the master time factor. But often it is a very
valuable tool for forecasting. Look at how it has been working for
the 1941-1944, 1961-1964, 198l-19current periods. Do you begin to see
how it can be useful to you? It’s not perfect. I want you to see that
here in my booklet. I don ’ t want you to find that out in the market.
You must have learned from my story that you must exercise
prudence.
O.K., then where is the path? First, you go back to studying his
method. You review with whatever materials that you have on hand or
that you want to acquire. In part icular, you look at every forecast,
right and wrong, and you look at my monthly charts and see what
happened and didn ’t happen. You now look at his rules again and
understand what he meant by double, triple, bottoms and tops, etc. We
haven ’t gotten into studying price cycles in this booklet, because I
couldn't cover all those things. But you can apply the same studies
to price that we have to time. Don't worry about the angles. They are
not the same as they were when Mr. Gann created his rules (by
empiricism). All they were and are is the division of circles of
different t ime periods and different price cycles and the
relationship of the two together. As I told you, old astrologers
utilized ANGLES as ASPECTS, which is the division of the circles. YOU
CAN USE ANGLES TODAY, BUT YOU MUST CREATE THEM THE SAME
WAY THAT MR. GANN DID, BY EMPIRICISM. But you are free to do that,
now, because you have the master time factor and they were created
to reflect movements at the time of the 1901-1920, 1921-1940, cycles.
You have the FREEDOM, now to experiment with all these things, now
that you "know" why he had them and what he was looking at.
Squaring price and time of
64
course was the same as using the angles, that is what we are
talking about, the relationship that occurred when the angles
squared out. Now you will be able to go back and really study
these relationships and see what they were telling him. YOU MUST
OBSERVE. Pay attention to all the patterns within a cycle and
over all the cycles. For instance, you have seen where Mr. Gann
would be talking about a cycle and he would say that one time
period put a base or foundation on a cycle and that other time
periods would make up the walls and that another would make up
the ceiling or top of a cycle. Just l ike in a building, he would
say. LOOK AT MY CHARTS. LAY THEM OUT 1,2,3- FROM BOTTOM TO TOP
(SHEETS). LOOK AT THE CYCLE FROM 1901-1920 IN YELLOW ON SHEET 1.
THEN LOOK AT THE SHEETS 3 AND PART OF TWO. ALSO IN YELLOW FROM
1961-1980. NOW WALK AROUND THE SHEETS LAID OUT 1,2,3- AND LOOK
AT THEM FROM THE TOP TO BOTTOM DOWN. Do you notice the
similarities between the top one and the bottom one (in the
swings-ignore price, we aren't talking about price; we are talking
about bottom cycles and top cycles and walls in between them).
These are the types of things that you must observe.
Check each zone in the 5th year of the 20-year cycle. What
happened to the price swings, generally, in the 5th year? Would
you want to approach that 5th year market from the short side?
How would you write your rules to trade that 5th year? What could
you have worked out in the 4th year and said, "I will start
out on January 1st , and I wil l look for . . . . ; then if that
happens. . . or new.... takes place.... etc. I will put my stop;..."
You must do these things for yourself. YOU HAVE LOTS OF WORK TO
DO, BUT THERE ARE REWARDING PROFITS WAITING. You must look
at monthly chart as THE MAIN TREND, but you will have to use the
weekly charts to see what is Inside of the monthly charts; then
you can catch your entries, pyramids, and exits from the daily or
semi-daily charts-BUT ONLY IN CONJUNCTION WITH THE ABOVE TWO MOST
IMPORTANT CHARTS. You unders tand WHAT THE MAIN TREND IS NOW,
don ’ t you?
It appears that there may have been a "shift" in the cycles
during the period of 1948-on. Mr. Gann, you will recall,
forecasted panics and depressions that did not come. Instead new
all-time highs took place. With the proper rules (which you can
devise for yourself) you can still utilize the master time factor
(and others that you can study and learn) to 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 trading method with the new insight
that you have about time. His rules are all useful. Some will
be more useful to you than others. But, YOU NEED TO CREATE YOUR
RULES FOR YOURSELF, YOUR OWN SITUATION. Make sure you
understand what it is
65
that you want to do.
I do not want telephone calls, because they interfere with things
that I try to do each day and one phone call sometimes throws my
whole day off schedule. But if you want to write me a short
statement about yourself, your situation, capital that you are
using, time that you have for the market, and time that you
have for study, your objectives in the market, problems you
have had or are having, what rules you are using or trying to
use; I will try to respond with whatever comments that I can.
Of course, whatever you write will be confidential. I am
willing to act as your "sounding board11, if you will. However,
you must have written out your own rules and tell me how you
plan to use them and tell me enough about your situation that I
can see what you are trying to do. I am not soliciting this
from you. You understand? Just if it will help. And, again, I
am certainly not implying that I know the answers. I am just
offering to look at what I can.
Well, there is the path. Looks rocky already, huh? I never said
that it would be smooth. I just promised to show you a path that
started with "The Master Time Factor". And I have kept my
promise.
The master time factor is probably not what you thought it
would be. It wasn't what I used to think it would be. But
that's the way it is. There must have been some reason for you
searching for it. There was a reason for me searching for it.
I found the reason. It was so that I could find MY TREASURE at
the end of one of the dead-end paths that I took when I was
looking for the master time factor. My treasure is called "THE
SEEKER'S CREED". I will share my treasure with you if you
want me too.
66
CHAPTER 9 WTHE
SEEKER'S CREED11
I have been telling you throughout my whole story that the most
valuable thing that I found in my search for Mr. Gann ’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 I will STOP
trading until I find out what is wrong.) BUT THE MARKET IS OF
INCONSEQUENTIAL IMPORTANCE; MY LIFE AND MY FAMILY AND MY
NEIGHBORS AND MY COUNTRY AND YOUR LIFE AND YOUR FAMILY AND YOUR
NEIGHBORS AND YOUR COUNTRY ARE THE IMPORTANT THINGS FOR US TO
PRESERVE AND PROTECT, FOR THERE IS WHERE THE REAL LONG LASTING
TREASURE LIES.
" T h e S e e k e r ' s C r e e d " i s a g u i d e t o t h e n a t u r a l l a w s o f t h e
universe. I t requi res thinking and act ing on what you see in the
guide. It allows you the distilled knowledge of all the past
throughout the history of the human race. It gives you the
WISDOM to protect and preserve those important things
mentioned above. It is broken down into ten parts, just like
my story, and just like Mr. Gann's counting of the decades
in his master time cycles. The first question in this booklet
asked, Where Can WISDOM be found? The last answer in this
booklet tells you where you can find WISDOM. WISDOM is found in
"The Seeker's Creed". As always WISDOM is found in the circle.
You can even find information about how to trade the market
in the Seeker's Creed. Look under Section IX. LAW OF TIME, CYCLES,
RHYTHMS, SEASONS. But be sure to read the other nine sections.
Don’t just read them, put them into practice. In your
business, in your health, in your family affairs, and yes in
the market, you will find that the practice and proper use of
this Seeker’s Creed will do wonders for you.
The concepts given in the Seeker's Creed were nuggets of gold
found in all my seeking throughout all the strange places I had
looked in during my lifetime. None of them are mine. I just
picked them up. That’s the way it is with REAL TREASURE. Its just
there for the having. It’s not stealing when you pick it up.
It’s yours. It was meant for you and me. As I said, none of
these ideas were mine I gleaned them from great souls over the
ages. But they don’t care if you and I use them. And I don ’t
care if you use them. Make copies of "THE SEEKER'S CREED" in
Appendix V. and give them to all whom you think can benefit from
knowing the natural laws and principles that govern the
universe.
67
If the seeker's creed seems too long to you, just take out and
use what you need. It was written to cover any and all situations
that a seeker may encounter off in some wild forsaken no manes
land. It was also written to allow the seeker to look at every
side of the same "elephant", because the seeker has a bad
habit of building blinders and mindsets that keep him from
seeing clearly.I f you want to know what i s the most importan t p iece o f information that I can tell you after my long years of searching for the mysteries of the markets and life, I WOULD HAVE TO SAY THAT THE SEEKER'S CREED CONTAINS ALL THE GREATEST MYSTERIES OF THE UNIVERSE COMPILED INTO ONE BOOKLET. THERE IS EVIDENCE THAT THESE MYSTERIES PERFORM
WONDERFUL FEATS BUT THEY HAVE TO BE LIVED RATHER THAN JUST READ AND NO ONE KNOWS WHY THEY WORK!
In the next and final chapter, I will do just that.
68
CHAPTER 10 FOR ME - THE
CLOSING OF A CIRCLE
Now I'm at the sunset of my story day. Like any regular day, my
time has passed all too quickly. That's the way it is with
time. It will not stand still for us. We must go with it. It
will not wait for us. There are many things that I wanted to
tell you in my story day, but now the sun is going down and it
(time) will not wait for me to tell you. The working time is
gone and just as in every day, the things that we wanted to do
may not all get done.
In looking back over my story the time seems to have been so far
away when I first began my search for W.D. Gann’s Master Time
Factor. Yet, it seems only yesterday. 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
seeking is worth the time that we have to pay for it with.
Because, the final currency that we must use to pay for
everything, is 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 treasures.
The circle has come full now. One thing that I learned was
that my creed really works. When I first advertised my
brochure in late June of this year (1983), I knew what the
master time 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 Master Time Factor. On August 7, 1983, after my
advertisement was already out and I was getting response, MY
SUPPLY came in. It came in the form of "Learn Before You Lose-"
which you have seen in my Appendix III, exactly as it came to
me. I had never seen nor dreamed that such a document existed
and I had searched all over for all of Mr. Gann's documents and
papers. You have witnessed the actual working of "The Seeker's
Creed" in action. I had started something that I felt great
desire to do (not knowing why, because I am a very private
seeker and did not nor do not want publicity of any kind, nor
did I want to reveal Mr. Gann's master time factor); then I
used what I had at hand, did the best I could and let nature (if
you want to call it that) take its course. Nature's course was
to do what it always does. It gave me the supply once I
created the need. And IT did it in the most curious strange
fashion (as always).
The document came to me through a friend only 14 miles away,
right in my yard, so to speak. This friend had lived right
there for years and years, and I had met him at the first seminar I
had attended in Florida. But we had never known one another
(this is a rural area). Even then, after meeting him in Florida we
never really got to know one another well, until the last few
months (as it became time for my story to be told). My friend
knew that I was writing my story, but he didn't know that I didn’t
have the thing that I needed to give undisputed evidence. One
night, August 6, 1983, he told me in a casual phone conversation
that a friend had sent him a copy of an old Gann sales brochure
and he wondered if I had seen it. Of course I had all of Mr.
6annfs old ad pieces that I had been able to find and I
assumed that I had that one too, - so did my friend. But he
started reading the name of one of them to me and I had never
heard of it. I went to his home the very next morning
and....now you have it in appendix III. Coincidence? Maybe?
But I got the supply that I so badly needed and this story
would not have been told without it. Stranger still is that my
friend in Dillon, S.C, 14 miles away had a friend in
Mississippi who had sent the brochure to him, and that friend
turned out to be the same person that was the first one to
order my booklet. Naturally, I felt obligated to send him a
complimentary copy because, without him the story would not
have been written either. What a strange curious circular
story.
I could not close this story without acknowledging that my friend
who lives 14 miles away has been the greatest possible help in my
story. I simply could not have completed this story without his
help. He supplied my badly needed CONCLUSIVE EVIDENCE. He did my
weekly charts for me in Appendix VII. He encouraged me to
finish my story whether I published it or not. I had looked all
over the country for someone to create some computer software for
me that would allow me to do research that I want to do after
this story is completed. As usual, I learned that the BEST GANN AND
MARKET COMPUTER EXPERT that I had found anywhere was right
here in my back yard, only 14 miles away. I also learned that
this friend that helped me so much was already practicing a
creed similar to mine, even though he didn't even know I had a
creed. I must thank him. Without his help there would not have
been the telling of
70
this story. He has the most valuable piece of computer
software for researching the market that I have seen anywhere.
I predict that some day in the not too distant future his software
and his company will be a household name for commodity and
stock traders and researchers.
Also, I want to thank Interstelle Communications, Tucson,
Arizona for their idea for the cut of the man holding the lamp
(hermit) and for their excellent handling of my
advertisement in Commodities magazine. I told you I was
"lucky". I always seem to find the right people at the right
time.
I could not conclude this story without mentioning to you that I
also heard from "my friend"; you know, the one who took the
"SUBSTANTIAL" amount of money from me and gave me nothing in
return. He called me for some "reason"; the first time I had
heard from him since I had "given up" when the man at the bank
said he had never heard of him. "My friend" said that he
called me to let me know that he had been thinking about how he
had done me and that he was sorry about the whole thing and that
he didn’t know why he had done me that way. This call came on
Sunday morning, the 14th day of August, 1983- "My friend"
said that he was going to open a savings account and from time
to time put money in there until he had it all "back to me". My
creed has taught me that you judge a tree by the fruit it"
produces. I sure hope that savings account doesn't get in the wrong
bank and gets mislabeled "children's hospital11. But my creed
teaches me that I must forgive "my friend" because if I want
forgiveness for my errors, then I must first forgive In
order that I may be forgiven. Besides, harboring bad thoughts
hampers one's attention from the real task at hand; -seeking. If
you are going to be a seeker you cannot allow distractions to
color your vision. It must be clear so that you can observe
all the little things.
I have sent a complimentary copy of My Story-A Search For W.D.
Gann’s Master Time Factor to “my friend" because I knew that he
had searched long and hard for the master time factor (and would
probab ly NEVER f ind i t , i f d idn ' t g ive i t t o h im) ; and because
he, l ike you and I , and al l "Seekers" have been promised that "I f
you seek, you wi l l f ind . I f you knock, the door wi l l be opened" .
And I sent a copy to "my f r iend" because I to ld you I had f i r s t
GIVEN him the thing that I PAID HIM FOR, WHICH HE DID NOT
HAVE, BUT WHICH I ALREADY 'HAD AND GAVE TO HIM, AND HE SOLD
ME THAT WHICH HE DID NOT HAVE, BUT I GAVE HIM WHAT WE WERE
BOTH LOOKING FOR. I GAVE HIM THE CREED IN THE BEGINNING OF THIS
CIRCLE AND NOW AT THE ENDING OF THIS CIRCLE I GIVE HIM HIS
LONG SOUGHT AFTER MASTER TIME FACTOR. BUT I WANT HIM TO
KNOW THAT I HAVE LEARNED THAT THE FIRST WAS MORE VALUABLE
THAN THE LAST, AND THAT WITHOUT THE FIRST AS THE BEGINNING
(BASE) THE LAST IS NO GOOD. And I gave him a copy of this booklet
to demonstrate again to myself and you and him and any seeker
tha t may read th is l i t t le bookle t in the future that my creed says,
THAT IF YOU PAY THE PRICE THE THING IS YOURS, NATURAL LAW
AS REVEALED IN MY CREED SAYS THAT WHEN YOU HAVE PAID THE
PRICE AND KEPT YOUR BARGAIN (WITH LIFE), THAT YOU WILL NOT BE
DEPRIVED OF WHAT YOU PAID FOR; NATURE (if you want to
71
call i t that) WILL COMPENSATE YOU IF NO ONE ELSE DOES.
JUST LIVE BY YOUR CREED OF NATURAL LAWS AND LET THE
REST TAKE CARE OF ITSELF.
And finally, I gave a copy to "my friend" so that I could close
this circle for me, for him, for you, and for Mr. Gann.
Because, we are back to the beginning of a true story of a
strange and curious search for a strange and curious secret of a
strange and curious man who died almost 30 years ago. --Oh! -I am
writing the preface again. Well-
GOOD
SEEKING, "THE
SEEKER"
September 28, 1983
72
APPENDIX I "FORECASTING
BY TIME CYCLES"
WRITTEN: August 3, 1939 BY:
W.D. GANN
BACKGROUND:
THIS IS WORD FOR WORD THE FOURTH CHAPTER IN THE PRESENT W.D.
GANN STOCK MARKET COURSE (pages 90-106). THIS COMPLETE COURSE
CAN BE PURCHASED FROM LAMBERT-GANN PUBLISHING CO. INC., BOX
0, POMEROY, WASHINGTON 99347. IF YOU ARE GOING TO USE MR.
GANN'S METHODS, THIS COURSE IS WORTH YOUR MONEY. AGAIN, I
HAVE NO CONNECTION WHATSOEVER WITH THE PUBLISHER.
I THANK LAMBERT-GANN PUBLISHING CO. FOR PERMISSION TO COPY
THIS 1939 LESSON BY MR. GANN. I HAVE INCLUDED IT SO THAT
YOU CAN COMPARE THIS LESSON WHICH MR. GANN APPARENTLY
PUBLISHED IN ALL HIS REGULAR STOCK COURSES, TO THE LESSON
HE PUBLISHED EARLIER (NOVEMBER 1935) WHICH CONTAINED THE
MASTER TIME FACTOR AND WHICH HE APPARENTLY QUIT PUBLISHING
EXCEPT IN THE COURSE ADVERTISED IN THE BROCHURE IN APPENDIX
III.
IT IS VERY IMPORTANT THAT YOU COMPARE WORD FOR WORD WHAT
IS SAID AND NOT SAID IN THIS LESSON, DATED AUGUST 3, 1939,
RELATIVE TO WHAT IS SAID AND NOT SAID IN THE EARLIER
NOVEMBER, 1935 LESSON IN APPENDIX IV.
APPENDIX I
APPENDIX II
FRAGMENT OF 4 PAGES
"METHOD FOR FORECASTING THE STOCK
MARKET" WRITTEN: APPARENTLY IN WINTER OF 1921 BY:
W.D. GANN
BACKGROUND:
THIS IS A FRAGMENT OF THE OLDEST UNPUBLISHED MATERIAL
THAT I FOUND. I HAVE INCLUDED IT SO THAT YOU COULD SEE
AGAIN HIS REFERENCE TO THE SAME TIME CYCLES (JUPITER-
SATURN) FROM THE EARLIEST TO THE LATEST DATES ON HIS
UNPUBLISHED LETTERS AND LESSONS. ALWAYS IN DIFFERENT
WORDS AT DIFFERENT TIMES IN HIS LIFE WE SEE THE SAME
REFERENCES TO JUPITER AND SATURN AS THE CAUSE OF THE MAIN
TIME CYCLES.
AT THIS PARTICULAR TIME HE DID NOT MENTION THE 60 YEAR CYCLE
BUT HE DID SAY AGAIN THAT THE 20 YEAR CYCLE WAS THE MOST
IMPORTANT CYCLE OF ALL AND THE 60 YEAR CYCLE IS OF COURSE
THE 3RD 20 YEAR CYCLE.
ALSO:
ONE PAGE OF A LETTER
ENTITLED: SOYBEANS-PRICE
RESISTANCE LEVELS
WRITTEN: January 18, 1954 BY:
W.D. GANN
BACKGROUND:
THIS IS ONE PAGE OF THIS LETTER WHICH EVERYONE SEEMS TO
PUBLISH -WHEN THEY WRITE SOMETHING ABOUT MR. GANN'S WORK. I
JUST INCLUDED THIS ONE PAGE SO THAT YOU COULD SEE FROM THIS
LETTER; ONE DATED NEAR THE END OF HIS LIFE, THIS SAME THEME
(JUPITER AND SATURN ASPECTS). HE PLAINLY STATES THAT THESE
RELATIONSHIPS IN TIME CAUSES THE SOYBEAN MARKET TO CHANGE
TREND.
IN THIS PARTICULAR LETTER HE DID NOT MENTION THE 20-YEAR
CYCLE NOR THE 30-YEAR CYCLE NOR THE 60-YEAR CYCLE, BUT HE
WAS SAYING THE SAME THING.
APPENDIX II
APPENDIX III
"LEARN BEFORE YOU LOSE
OR
WHY YOU HAVE LOST MONEY IN
STOCKS AND HOW TO MAKE IT
BACK."
WRITTEN: APPARENTLY IN LATE 1939 OR
EARLY 1940 BY: W.D. GANN
BACKGROUND:
THIS WAS AN ADVERTISING BROCHURE THAT MR. GANN
MAILED OUT TO
PROSPECTIVE PURCHASERS OF HIS COURSES.
I HAVE LEARNED A GREAT DEAL ABOUT HOW MR. GANN
THOUGHT AND THE EXPRESSION OF HIS LANGUAGE IN THE
DIFFERENT ADVERTISING PIECES HE USED. HIS VARIOUS
DESCRIPTIONS OF HIS COURSES AND BOOKS IN DIFFERENT
ADVERTISING PIECES HELPED ME RE-DISCOVER HIS MASTER.
TIME FACTOR,
THIS BROCHURE IS VERY IMPORTANT EVIDENCE ABOUT THE
MASTER TIME FACTOR AND WE WILL ANALYZE THIS PIECE OF
MATERIAL IN A NUMBER OF WAYS. IT IS ANOTHER PROOF OF
THE MASTER TIME FACTOR AND IT IS IN MR. Gann’s OWN
WORDS.
THIS COPY IS HARD TO READ, BUT IT IS THE BEST COPY I
COULD GET FOR YOU. I 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 CREED11.
APPENDIX III
APPENDIX IV
"FORECASTIN
G"
WRITTEN: NOVEMBER 1935
BY: W.D. GANN
BACKGROUND:
THIS 21 PAGE DOCUMENT IS IN MY OPINION THE MOST
IMPORTANT MATERIAL OF ALL OF MR. Gann’s WORK. I DO NOT
BELIEVE THAT WE WILL FIND A BETTER EXPLANATION OF MR.
Gann’s MASTER TIME FACTOR. (AT LEAST NOT IN HIS OWN
WRITTEN WORDS.)
THIS DOCUMENT WAS THE CENTRAL LESSON THAT MR. GANN
INCLUDED IN HIS NO. 3 MASTER FORECASTING METHOD.
IN 1939 MR. GANN CHARGED $2500.00 FOR THIS COURSE NO. 3
AND HE PLAINLY STATES THAT THIS COURSE INCLUDES HIS "SECRET
DISCOVERY OF THE MASTER TIME FACTOR AND A NEW WAY OF
FORECASTING BY MATHEMATICAL RULES THAT ARE SIMPLE AND
PRACTICAL". (SEE MY APPENDIX III-BROCHURE "LEARN BEFORE
YOU LOSE-", PAGES 16 AND 17.)
IF YOU HAVE PURCHASED THE PRESENT W.D. GANN STOCK MARKET
COURSE-AND TAKE CHAPTER 2,"FORM READING AND RULES FOR
DETERMINING TREND OF STOCKS"(pages 31-56); ALSO CHAPTER
5,"VOLUME OF SALES"(pages 128-144); AND CHAPTER 10,
"RESISTANCE LEVELS"(pages 293-311) AND THEN ADD THIS
LESSON ON "FORECASTING THAT IS IN THIS APPENDIX-THEN YOU
HAVE PRECISELY WHAT MR. GANN CALLED HIS COURSE NO. 3
MASTER FORECASTING METHOD WHICH HE SOLD FOR $2500 IN
1939 DOLLARS!
THE MASTER 20-YEAR FORECASTING CHART THAT MR. GANN REFERS
TO IS IDENTIFIED AS CHART #19 IN A PACKET OF GANN CHARTS
SOLD BY LAMBERT-GANN PUBLISHING CO. THIS WAS A SWING
CHART THAT MR. GANN MADE, BUT IT WAS POORLY REPRODUCED.
THEREFORE, I MADE MY OWN COLOR CHARTS (MONTHLY), FROM
1901 THROUGH THE PRESENT (1983) SO THAT THIS IMPORTANT
MATERIAL ON THE MASTER TIME FACTOR WOULD BE CLEARER TO YOU.
MR. Gann’s WHOLE TRADING METHOD IS BASED ON THE
FOUNDATION OF THIS MATERIAL IN THIS 21 PAGE LESSON. YOU
MUST UNDERSTAND THIS MATERIAL BOTH IN ITS SYMBOLIC
TERMS AND IN ITS REAL TERMS. ALL OF HIS RULES ARE BASED ON
THIS TIME FACTOR. STUDY IT WELL. IT GIVES THE MEANING TO
THE REST OF HIS BOOKS AND COURSES AND RULES.
I HAVE COPIED IT DIRECTLY AS HE SENT IT OUT IN 1935- YOU
SEE IT IN HIS OWN WORDS ON HIS OWN LETTERHEAD EXACTLY AS
HE SENT IT OUT I N 1 9 3 5 .
ALSO, I HAVE INCLUDED AT THE END OF THIS PARTICULAR
APPENDIX, A COPY OF THE SQUARE OF 20 YEARS THAT HE
REFERRED TO AS THE NEW YORK STOCK EXCHANGE PERMANENT
CHART. IT IS IMPORTANT AND I HAVE DISCUSSED IT IN MY BOOKLET.
APPENDIX IV
APPENDIX V
"THE SEEKER'S CREED"
WRITTEN: JUNE 1971;
BY: "THE SEEKER"
BACKGROUND:
THIS WAS WRITTEN BY "THE SEEKER" IN 1971, 8 YEARS BEFORE THE
'AUTHOR EVER HEARD OF MR. GANN. IT WAS WRITTEN FOR THE
PERSONAL AND PRIVATE USE OF THE AUTHOR. IT WAS NOT
INTENDED TO BE MADE PUBLIC. IT IS COPIED HERE EXACTLY AS IT
WAS TAKEN FROM THE AUTHOR1 S PERSONAL NOTEBOOK.
THE ONLY PERSON THAT THIS WAS EVER GIVEN TO PRIOR TO THIS
TIME WAS THE MAN THAT WAS SUPPOSED TO BE SELLING THE AUTHOR
MR. Gann’s MASTER TIME FACTOR. THE BOOKLET, "MY STORY-A
SEARCH FOR W.D. GANN'S MASTER TIME FACTOR" DESCRIBES WHAT
HAPPENED.
"THE Seeker’s CREED" WAS WRITTEN IN AN EFFORT TO ALLOW THE
AUTHOR TO COMPILE HIS BELIEFS AS LEARNED FROM A LIFETIME OF
READING AND SEARCHING FOR THE NATURAL LAWS AND
PRINCIPLES OF LIVING SUCCESSFULLY. NOTHING IN THIS CREED
WAS ORIGINAL WITH THE AUTHOR. IT WAS ALL STATED IN
DIFFERENT BOOKS THAT GREAT PEOPLE HAD WRITTEN OVER THE
YEARS. THE AUTHOR TAKES NO CLAIM THAT THESE IDEAS OR
BELIEFS ARE ORIGINALLY HIS. HE MERELY LEARNED THEM FROM
OTHERS, THEN COMPILED THEM AS THE BEST OF TRUTH THAT HE
HAD FOUND, THEN TRIED TO LIVE BY THEM, AND HIS EXPERIENCE
PROVED THEM TO B& VERY VALUABLE. HOWEVER, IN THE HUMDRUM
OF EVERY DAY LIVING AND IN THE SEARCH FOR OTHER MORE
EXCITING THINGS, THE USEFULNESS OF THIS CREED WAS
FORGOTTEN-LOST, IF YOU WILL. IT TOOK THE EXPERIENCES OF
THE SEARCH FOR THE MASTER TIME FACTOR TO CAUSE THE AUTHOR
TO RE-DISCOVER THE INCREDIBLE VALUE AND TRUTH OF THIS
CREED.
THIS CREED IS NOT MEANT TO BE A RELIGION OR ANYTHING
RELIGIOUS. IT IS MEANT TO BE AND IS A GROUP OF NATURAL LAWS
THAT ARE TRUE AND WORK. IT IS SCIENTIFIC-IP YOU WILL. I DO NOT
UNDERSTAND WHY THIS CREED WORKS, BUT IT DOES. THE AUTHOR
WAS BROUGHT-UP IN A PROTESTANT CHURCH BUT HAS NOT BEEN
PARTICULARY RELIGIOUS. WHATEVER YOUR FAITH-JUST
SUBSTITUTE AS YOU LIKE IN THIS CREED. ALL IS THE SAME IN
NATURAL LAWS; THERE ARE NO ETHNIC DIFFERENCES, THESE ARE
MAN-MADE. IF YOU WILL ADOPT THIS CREED FOR YOUR OWN AND
LEARN IT BY HEART AND PRACTICE IT, YOU WILL BE AMAZED TO
FIND THAT YOU WILL VASTLY IMPROVE ALL AREAS OF YOUR LIFE.
TRY IT!
THE DIRECT USE AND APPLICATION OF THIS CREED IS WHAT ALLOWED
THE AUTHOR TO FIND THE MASTER TIME FACTOR. THE KNOWLEDGE
AND PRACTICE OF THIS CREED IS FAR MORE VALUABLE THAN THE
MASTER TIME FACTOR OR ANYTHING ELSE THAT THIS AUTHOR HAS
EVER FOUND.
APPENDIX V
"THE SEEKER'S CREED"
.CREATION
II................................................GOD1 S LAWS
III...............................................THE LAW OF ACTION
IV..............................................LAW OF HARVEST
V.................................................LAW OF INCREASE AND EXPANSION
VI...............................................LAW OF PURPOSE
VII.............................................LAW OF ATTRACTION
VIII.......................................... .LAW OF SPECIALIZATION
IX..............................................LAW OF TIME, CYCLES, RHYTHMS,
SEASONS
SUMMATION
"THE SEEKER'S CREED"
I. CREATION
1. I believe that God is the one Supreme Being, the Creator and
Ruler of the Universe! I believe that God is the primary
Cause. I believe that God always was and always will Be.
2. I believe that God is Mind.
I believe that God is Love.
I believe that God is Energy, or that Energy is the
instrument of God.
I believe that God (the energy of) is in all nature: the air,
the sea, the land, the cosmos. I believe that God is in
everything.
I believe that God is in me.
I believe that God is Truth and that Truth reveals God. I
believe that God is all Powerful, all Knowing, and all
Pervading in the Universe.
I believe that God has dominion over the Universe. I believe
that God is Infinite Supply. I believe that God is unlimited
Resources and Energies. I believe that God is Positive,
Love, Faith, Hope, Trust, Praise, Blessing, Joy, Happiness,
Peace, Health, Riches, and Infinite Power. I believe the God is
Perfect.
3. I believe that God created the Universe in the beginning and
that it (this creation) is a continual process.
4. I believe that God created the world out of His Mind through
imaging by a positive force of will caused by desire to
create. I believe that I and everything in the universe
is
part of God’s expression.
5- I believe that God created the universe by His Word (mental
image) first.
6. I believe that God created the universe and all in it by
imaging it; then by taking action to bring the image into
reality. The action took was using part of himself (His
Flux
or Energy). This creation was effected by His Desire
to
create something out of Him.
7. I believe that God set up the functioning systems or laws of
the universe at the same time that He created the
universe
and that He used the laws that He set up in order to create
the universe.
6. I believe that God created the universe through:
(1) Imaging.
1. 2.
3.
4. 5.
6. 7.
8. 9.
(2)Desire To Make Image Real.
(3) Action (Using Energy or Flux in proper manner to
create
image).
(4) Giving Of Himself (Putting part of His Energy into
the
creation).
(5) Using principles or laws in the creation, which
would
also govern the creation.
II. GOD»S LAWS
I believe that God created the universe in accordance
with certain principles or laws.
I believe that all of nature including man prospers and
functions best under these laws.
I believe that these laws are expressed in the bible,
in other religious writings, and throughout life and
the universe.
I believe that they are shown throughout the universe and
throughout history.
I believe that these laws are designed to show the glory
of God and to reveal God.
I believe that health, morals, mental, spiritual,
phys
ical,
econ
omi
cal,
and
in
fact,
all
phas
es
and
aspects of life are governed by these same laws.
I believe that specific things in life are symbolic
of these laws and that all natural phenomena reflect
these same natural laws.
1. 2. 3. I believe that for each action there is an equal
reaction
4. I believe that you ACT (do the thing) first and you shall have the power. You get the power by ACTING (doing the thing). I believe you must ACT first.
III. THE LAW OF ACTIONI believe that Action is one of the first natural laws. I
believe that there must be action (You must act).
I believe that there must be movement for anything to be
5« I believe you must act (pretend movement) the part you
want. I believe you must act the way you want to feel. I
believe you must act as if you are already what you want
to be. I believe you must act as if you already possess what
you want to have. I believe you must act as if you have
already created what you want to create.
6.I believe that acting in your imagination provides the
realization of what you Imagine. Thought is action
in
rehearsal. I believe that continuous Impulses of thought
have
a tendency to clothe themselves in their physical
equivalent.
7. I believe that energy follows the action of the mind.
(What
you think is what you get).
8.I believe you will be the way you act. How will you act when
you get what you want? Act that way now, thinks that way
now,
let that way of acting and thinking becomes a habit. I believe
you must relax when you act and concentrate your attention
on
the way you act and think.
9« I believe that when you act something enough, you BELIEVE
it; and BECOME it!
10. I believe that man is made by his belief.
11. I believe that as you believe, so you are. I believe that
as
a man thinking in his heart (his subconscious or image
making
apparatus), HE BECOMES (is).
12. I believe that your manner shows your attitude. I believe
your attitude shows what you expect- - -and WILL GET!
13« I believe that you should assume a virtue if you don ’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 masters
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.
Action cause heat and therefore increases motion.
Uncomfortableness
is one of the catalysts of achievement.
Action,directed,causes production of achievement.
14. I believe that resistance should not be offered to
directed
Action. Live spelled backward is evil. Any resistance
offered to God ’s laws is taking away from directed action.
Life is action. Every act rewards itself. Therefore any
resistance offered to action (life) directed (laws) is what
constitutes evil (the reverse of l ive).
V. LAW OF HARVEST
1. I believe that a basic law of the universe is: DIVIDE .. and
GROW!
2.I believe that this is the only method of increase known
nature since the beginning of time.
3. I believe that God divided part of Himself (HIS ENERGY) when
He created the universe.
4.I believe that all nature has its own built in image — except
man, whose reproductive image is built in, but man's mind
(sub-conscious and conscious) can produce images of its own,
making man a small God.
6.I believe that growth is caused by. Desire from within.
Desire
to be what the image is.
7.I believe that desire is the planting of the seed. The seed
is the mental image. The seed is the WORD.
8. I believe that like reproduces like. I believe that
everything reproduces after its own kind (its image) (whose
seed is in itself). Everything reproduces in its own
image
(likeness). BETTER WATCH YOUR IMAGES!
9. I believe the seed (image) has the ability to draw unto
itself what it needs for growth to perfect its maturity
(reproduction of itself after its own kind (image)).
10. I believe the growth of this seed is fertilized by blessing,
praise, giving, and thankfulness.
11. I believe that heat (desire) causes the seed to burst out
of
its shell (mindset or mold of habits) and to move towards
the
accomplishment of growing into its own image.
12. I believe the heat is caused by burying the seed in the earth
(in the subconscious); by giving it (seed) away to the earth,
by sowing i t in the ear th, by le t t ing i t (seed) die to the
giver or sower. It must be given, or used, or die before it
can be reproduced in life. Then after the seed is sown, God’s
sunl ight ( ins ight and desire) causes the heat in the
earth
(subconscious mind), and the shell expands and bursts
forth
new life from this heat.
10. I believe that this is the same thing that happens in man es
mind. The seed (mental image) must be burled with desire
in
the subconscious. It must be buried in the
subconscious
before it can come alive. That is why I must be very careful
about the images (mindsets) that I allow myself to develop.
11. I believe that each seed then can only reproduce itself,
whatever it was or is. It cannot produce something it is not.
15- I believe the seed dies when it stops dividing and growing. I
believe that the law of cycles further emphasizes this. When
growing (outgoing) reaches a peak (maximum out-growth),
disintegration begins (contracting phase begins).
16. I believe that the seed and plant draws upon the surrounding
energy for what it needs for growth, at will when needed and
in the amount needed. God supplies this energy through
his creative principles and laws!
17. I believe that God is the Source of All Supply. He is the
Provider of All. (This is most important that I
understand
this at all times). "How blest are those who know this
(their
need of God as the Source of All Supply)—the kingdom of
heaven (expansion and growth) is theirs.
18. I believe that there is a mystic pattern behind the Law
of
Harvest and that it symbolizes all of God’s laws in their
relationship to man’s creations. I believe that it goes like
this: Preparing the soil before planting; then
planting the seed; the seed bursting out of its shell and
a
like plant starting as a baby but knowing what its going
to
be like and growing into maturity; being fertilized,
watered, and cared for while growing; the bearing of
fruit
like Itself in due time while specializing in doing that one
thing only; the maturing of the plant and fruit into full
maturity; the harvest when the crop is gathered and the first
and best seed saved for the next planting (at least 10%
or
tithe); then the reaping of the sowing and carrying the
crop
to the market place to get paid for that done (reaping);
then
the plant dies after the harvest when its work
(usefulness)
is completed, its seed has been safely stored and saved
for
next seasons sowing; the no longer productive plant is
cut
under or burned and the field is plowed under and allowed
to
rest for the winter. Then the seed will be sown in the earth
again to die and the cycle will start all over again (and
will be better each year if the best seed is saved and sown)
so long as heaven and earth shall last. THIS IS THE STORY
OF
SEED AND PLANTS AND THIS IS THE STORY OF MAN AND LIFE.
19. I believe that, in growth, the more a plant lacks channels
through which to expand, the more it is inclined to burst
forth and flow with power. Limit the channels for growth and
you direct the growth toward that direction with greater
power. A plant cannot stand st i l l ; i t must grow or start
to
Die. It must move; it must act.
20. I believe a purpose of life is to have dominion—to
overcome obstacles in order to grow.
21. I believe that in the law of growing- you first create
the need, then the means will come. Every form of life
holds within itself vitality (energy) enough to draw to
it every element it needs for growth and fulfillment.
First, the need, and then the means. When you set
objectives (goals) you create the need and then the need
itself draws the means to satisfy. This is why setting goals
and objectives are so important. You use what you have at
hand and thereby create a vacuum (or need); then nature
(God’s Supply) comes along and fills the vacuum (or need).
V. LAW OF INCREASE AND EXPANSION
1. I believe that everything reproduces after its own kind.
I believe that everything increases after its own kind.
2. I believe that to increase and expand you must increase
the rate of motion (movement). I believe to increase
anything you must use that portion of the same thing that
you have. You must use it; put it to work; release it;
plant it; do it with purpose and deliberate intent. This
is the law of increase and expansion.
3. I believe that to increase a stock of anything, that
thing must be used, put to work, put out at interest.
4. I believe that you work for increase in the form of
whatever
you already have.
5. I believe that you must plant the seed before you can
reap
the harvest. I believe that you must sow before you
reap. I
believe that you must give before you can get.
6. I believe that you must give (First), and you must give
freely (release whatever you give) with intent and with
no
strings attached. (Except a kernel of wheat fall into
the
ground and die, it cannot bear fruit).
7. I believe that you cannot lend it; you must give it (sow),
freely and fully, and with express intent and purpose of
giving freely and fully.
8. I believe that if a thing be dead to you- if it is gone
beyond hope of return (when you have planted it for
an
express purpose of giving and for growth), then you
can
expect and look for a harvest. (The harvest may not
be
exactly in the form that you expected but it will be
a
harvest).
9. I believe that he that finds his life (in order to do so),
Shall lose it (buried in subconscious or turned over to the
subconscious); he that loseth his life (turns it over to his
subconscious properly) for obeyance of the laws shall
find i t .
10. I believe that he that gives all he has (his best efforts) in
the service of his fellowman shall find that in doing so
he
has planted seeds which will bring him a harvest of
happiness
and plenty.
11. I believe that if you do the thing you will have the power.
12. I believe that everything has its price. (When God
created
the universe, He paid the price of putting part of
Himself
into His Creation).
13. I believe that you must pay the price- and then take what
you
have paid for- (and you really want to make it grow, use
it
again).
14. I believe that in nature nothing is given; all things are
sold (paid for).
15. I believe that for any benefit received a tax is levied.
16. I believe that you must pay the full price. It is not
possible to buy anything for more or less than its price. If
you don't pay the full price you don't get the thing; you get
something else.
17. I believe that the law of increase say that what you keep
(hoard) to yourself you lose; that which you give away comes
back to you with more of its own kind (what you sent
out);
that which you send out comes back. BETTER BE CAREFUL
WHAT
YOU SEND OUT TO OTHERS, THEN. The reason for this I
believe
is because time and space is curved.
18. I believe that the tithe is the way the ancients used to
show
man the law of Increase and expansion.
19. I believe that this is so because all motion is cyclic; it
circulates to the limits of its possibilities and
then
returns to its starting point. (You reap as you have sown).
20. I believe that any act, which injures another, is contrary
to
the law of expansion and separates the actor from the
kingdom
of heaven (expansion and growth); any act, which helps
another,
is in accord with the law of increase and expansion and
brings the actor closer to the kingdom of heaven
(expansion
and growth). I believe that you must give (First).
Give
freely of what you have. You’re talents, your knowledge,
your
experience, and your self, whatever you have that you can
give.
You must give it to work for others and by so doing you
will
increase it. This is the law of Increase. When you stop
giving you begin losing.
10. I believe that you cannot hold onto riches; that you must
give (use) them and get greater riches in return. Remember
when you keep something to yourself you stop your need of it
and when your need stops then you have done away with the
vacuum (need); then the nearest vacuum (need) will pull what
you have away. (To have something you must use it; give it
away; put it out to work.) "To him that hath will be more
given; to him that hath not, will even that which he hath be
taken away. (To have not - hold on to what you have just
for
yourself - and you won't have it long! Use it or lose it).
11. I believe that you must be continually giving - and getting.
The parable of the talents expresses the law of increase
and
expansion.
23- I believe that everything you give increases after its own
kind. I believe that you get that which you give. If you give
happiness, health, praise, respect, service, life to others,
you will get the same thing in return - and in the same
proportions.
24. I believe that you cannot increase two things at the same
time. (You cannot serve two masters). You can only give
one
thing at the time. (Law of Specialization).
25. I believe that unhappiness is a criticism of God. I
believe
that it Implies dissatisfaction with the way God did
things.
26. I believe that any unhappy man gets what he gives
-
unhappiness.
27. I believe that any unhappy man cannot be grateful, or at
peace because he cannot be aware of God ’s great truths - if
he is unhappy.
28. I believe that a man cannot love God when he hates
or
dislikes his neighbor (God is in his neighbor). I believe
that a man cannot get or find happiness and service unless
he
first gives happiness and service to others. If a man lives
only for himself he will be unhappy - because he will not be
giving any happiness to anyone and therefore cannot get
because he did not give.
29. I believe that when you love (first), you shall be loved.
30. I believe that you must first give happiness to
get
happiness.
31. I believe that it is God’s plan to make man win happiness
through service, through adding to the happiness of others.
32. I believe that your life and your environment is an image of
what you gave (give).
24.I believe that what you have is an image of what you have
given.
25.I believe that what you have today is an image of what
you
gave (or didn’t give) yesterday (in the past).
36. I believe that what you give (sow) today, you will get
(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 receive
(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 expansion. 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
subconscious
toward whatever you want to increase.
43- I believe that the law of increase says that use causes
Increase—disuse 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 God’s 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 Images, so
they (your WORDS) must be controlled and directed too.
Control and direct them to accomplish whatever you wish.
47« I believe that you must appreciate (be fond of) the
things you want to increase. (Where your heart is, there
will be your treasure also).
48. I believe that the first step in using the law of increase
is
desire (to increase whatever you want; then use whatever you
have, right now, whosesoever you are and whatever you are
doing. (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. (Increase
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 fulfillment of
yesterday's desires - that which you will be tomorrow will
be
the achievement of today’s visions and images and desires.
53. I believe that with discipline you will do 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 doesn’t 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 commodity 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
(energy); 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 elements
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.
(Develops a greater need).
I believe that the one condition coupled with truth and
life
is
its
use
-
you
mus
t
use
it
free
ly. 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 thanksgiving let
your requests be known unto God; rejoice, be glad,
praise, give thanks, these are the ways to increase).
I believe that when you pray for something you must accept
it immediately and at once begin acting as if you already
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
(concentrate)
11
And act on what you want (love, riches, health) not what you
don't want (hate, poverty, illness).
73- I believe that the law of increase and expansion says that
mere increase is not enough, that you must have a purpose
for the increase, that it will be used for; and it (purpose)
must be a good purpose. (You must have need for the
increase).
74. I 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 expand
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 purpose.
3.I believe that the effect of the action is the purpose of the
cause.
6. I believe that in order to go somewhere, you must 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.
VI. LAW OF PURPOSE
15» I believe that your manner shows what you expect — and will
get.
16. I believe that whatever you look for (expect) is right.
If you expect you can — you can. If you expect you can’t —
you can’t. If you sow you can expect to reap. If you give you
can expect to get. If you do not give you can expect that
you will not get. If you expect trouble, poverty, poor
health, and hard times — you will get trouble, poverty,
poor health,
13
Hard times; you will get exactly what you expect. If you
expect happiness, riches, health, and a good life - you will get
i t .
! • I believe that a man es attitude tells you what he expects.
You may expect that he will get what he expects. I believe
that a man's condition and environment tells you what he
expected in the past. I believe that a man's attitude today
tells you what he expects — and will have tomorrow.
18. I believe that fear is negative expectation — Looking for
what you don't want to find. But if you look, you have to
find; that is the law. Fear is the anti-law. Don't mess
with it! Don't look for what you don't want to find. That is
a foolish thing to do!
19» I believe that life's purpose is to provide an arena for
expression of God and His Way, Will, Desires, etc.
through His Laws.
22. I believe that the law of purpose says that a purpose must
be
defined. It must be clear. It must be specific. It must
be
sincere. It must have bounds. It must be concentrated. It
must be at a certain level. It must have
potential
(possibility of realization).
23. I believe that the reason I do something is due to my
purpose
behind the reason.
24. I believe that the purpose is my intent for doing it.
25. I believe that I will produce according to the seed (purpose
and Intent) I sow. By their fruit you will know them. (By
their intent and purpose you will know them).
26. I believe that the law of purpose assures us that everyone
will always reach the goal (the real goal, intent, purpose)
desired most (THE REAL ONE!).
27. I believe that the law of purpose says that we do what we
really intend to do. You will always accomplish what your
purpose (intent, real goal, really want to do) is. This is
a
wonderful and frightening law.
28. I believe that the purpose or goal must always be kept in
the
forefront of the mind.
29. I believe that it must be continuously repeated and
14
Reaffirmed.
30. I believe that it must be watered with desire.
31. I believe that it must be acted upon. If not it will
evolve
into another purpose (rambling or will to fail).
32. I believe that once you set the purpose (intent, goal, or
objective), you must use a map (to see the best way there
and
the shortest or best route and to see that you don't get
off
track (always stay on track)) to start toward your goal. I
believe that you must see (image) yourself there (getting
there). I believe you must have desire (want to go) strong
enough to pay the price (enough desire to meet
the
requirements) to get there. I believe that you must know
(have faith) (belief, faith, self-confidence from other
successes building toward this one) that you can get there.
I
believe that you must be determined to get
there
(determination and persistence - once hand to plow, don’t
turn back). You must not stop (don't go off somewhere
else)
even if detoured until you get there (its all right to
rest
just so long as you don’t get off the track). You must be
thankful when you get there.
33- I believe my most important purpose in life is my own
personal growth and success in realizing my potential. I
believe that my potential is that which God would conduct
through me without my resistance to Him.
35- I believe that insulation can be strengthened with a
discipline.
VII. THE LAW OF ATTRACTION
1. I believe that you attract that which has like rate of
motion
(movement). I believe that you attract that which has the
same or nearly same vibration.
2. I believe that the only way to change (growth-change)
anything is by degrees, by minutes, a bit at a time, by
changing the rate of vibration or rate of motion by degrees.
3. I believe that this is so because the building blocks of the
universe is pure energy (God’s Flux) and it is the same.
4. I believe that the difference between things is caused
by
their vibrations or rate of motion. I believe that you build
up or tear down by degrees. You change the rate of motion.
5. I believe that you attract that which you are (your rate
of
motion) and repel that which you are not (a different rate
of
15
Motion).
6.
7. 8.
9.
10.
11.
12.
13.
I believe that a low rate of motion attracts a low rate
of motion and repels a high rate of motion - and the
inverse is also true.
I believe that to attract something you must have desire
for that which you would attract.
I believe that desire is the emotion that attracts like
to like.
I believe that to attract something you must vibrate with
it, tune it in (think about it with desire- release the
energy of the thought by the transmitter of your desire
within you).
I believe that to attract something you must use it
(that which you would attract).
I believe that you must have a need for something in order
to attract it.
I believe that anything you attract must be something
you have created a need for. I believe that to attract
something you must have a reason (purpose) for needing
it.
I believe that to keep something you must give it away
(use it, work it, spend it).
I believe that giving attracts high rate of motion things
into your environment because giving increases your rate of
motion.
I believe that love, faith, praise, joy, blessing,
kindness, and happiness attracts high rate of motion
things.
15.
16.
17-
18.
I believe that to attract more you must give more.
I believe that whatsoever you give (really give) becomes a
seed that you plant—for God to multiply back to you (by His
Natural Laws). But I believe that you must first initiate the
action yourself; you give first, you smile first, you love
first, you forgive first, you apologize first, you give
happiness first, you serve first.
19-20. 21. I believe that you cannot attract that which you
have not
16
I believe that you must first put something in, before
you take something out.
Wanted to attract.
22. I believe that you must attract that which you want to
attract.
23. I believe that you attract today that which you wanted to
attract yesterday.
24. I believe that you will attract tomorrow that which you
want
to attract today.
25. I believe that the law of attraction says that all things
are
equal.
26. I believe that as you give of yourself you attract the
same
amount from the other side of the equation except that God
(through the law of compensation) adds to what you
receive
back. He does this through his natural laws and because He
is
The Source of Supply.
27. I believe that all things with life in them attract to
themselves the elements they require to meet their in-built
Images.
28. I believe that the law of attraction says that "that
which
you give (use) or would willingly give - you attract; that
which you withhold (refuse to use or give) or strongly desire
to withhold - you repel.
29- the law of attraction says that if you want to attract
something - use it; if you want to repel something - do
not use it. I believe that this holds true for everything in
the universe, because God's Natural Laws are universal.
17
VIII. LAW OF SPECIALIZATION
1. I believe that all life can accomplish a great deal more
by
specializing.
2.I believe that you can only do one thing at a time. (You
cannot serve two masters).
3. I believe that you should devote all energy, time efforts,
and resources to the accomplishment of one goal. (Then
you
can move on to another one).
5. I believe that you develop concentration by specializing.
I
believe that you focus your power, efforts, attention, and
results by specializing. The law of growth is divide. .
And
grow. Specialize. Nature does.
6.I believe that you should narrow down to specifics. Don't be
too wide.
? • I believe that the wide, broad, crooked road leads to
destruction (disintegration).
8. I believe that the narrow, straight, single purpose road
leads to life abundant.
9- I believe that all God ’s natural laws call for
specialization - but balanced specialization within the
bounds of his natural laws.
10. I believe that in order to achieve there must be a specific,
clear, defined goal. (Just as God had when He created the
universe). This is specialization.
11. I believe that awareness is specialization. That it
exemplifies specialization. Awareness is being fully aware
of
a moment. It specializes in the moment.
12. I believe that the Laws of Action, Harvest, and Growth,
Increase and Expansion, Purpose, Attraction, and Cycles - all
call for specialization. It is one of God ’s natural laws.
IX. LAW OF TIME, CYCLES, RHYTHMS, SEASONS
1. I believe that Energy is the Flux of God.
I believe that Energy is everything. I
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 repeated
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 pulsating,not
continual or steady but intermittent (in cycles).
8. I believe that flux or energy is curved outward while
Expanding...and curved Inward..........when contracting. I
Believe that our breathing symbolizes this.
9. I believe that things will be in harmony with each other
according to their vibratory rhythms or cycles. Things will
attract and be attracted by vibratory rhythms in harmonies
with its own rate (harmonics). Everything that you can see,
hears, or touch (and the things that you can’t); everything
you can be aware of in anyway is subject to cyclic law.
10. I believe that everything vibrates at, or responds to, or is
moved in a certain definite rhythm.
.1. I believe that all life and universe is motion, movement,
action, and oscillation. I believe that all motion is
cyclic. I believe that it (motion) circulates to the limit
of its possibilities (peak) and then returns (contracts)
to its starting point. This is the law of cycles.
12. I believe that any thought or action that is initiated while
this impulsing energy is gaining momentum (in its cycle)
carries along quite easily toward success; while those
thoughts or actions begun in a descending cycle (when
impulsing energy is losing momentum or waning) are
reduced due to the reverse cycle of momentum.
13 • I believe that everything in the universe has a cycle of
existence distinctly its own (like fingerprints, voiceprints,
etc.).
14. I believe that all life has cycles, which begin at its (the
life’s) inception.
19
15- I believe cycles vibrate at different rhythms (rate of
motion). Low thoughts vibrate at low rhythms. High thoughts
vibrate at high rates. Create and hold high thoughts.
16. I believe that the cycles of day and night, tides, and
seasons of the years are symbolic of the law of cycles.
17. I believe there are cycles, rhythms, seasons for
everything
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 favorable time for
something.
22. I believe that whatsoever thing you are doing at a particular
time - it should be done only, completely, solely, with all
concentration, attention, focus, awareness, zeal, enthusiasm,
and imaging (mind picturing).
23. I believe that when you do one thing you 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. I believe that this
and
the law of cycles are also symbolized by the Sabbath.
25. I believe that you plant when the time or season or cycle is
favorable (gaining momentum). When the time, season, or
cycle
is not favorable (waning momentum) you should wait until it
is again favorable.
26. I believe that there is a time to be active and a time
to
refrain from action.
27. I believe that there is a time to be talking and a time
to
refrain from talking.
28. I believe that the cycle of life and basis of the universe
is
symbolized by breathing, wind, waves, and pulsating
vibrations in energy.
29. I believe that thoughts, efforts, work, and anything can
be
most efficient by pulsating in rhythm with natural
relaxation
and ease.
20
30. I believe that God ’s law of the Sabbath expresses
this
pulsating cyclic rhythm.
31. I believe that the seventh day should be set aside for rest
and contemplation of the past week, and thanks for the good
accomplished, and thanks and worship to The Source of All
Supply, and for a break between cycles of weeks.
32. I believe that there is a cosmic plan, which encompasses
all
of creation. I believe its principles are:
1. ORDER - In nature all things evolve under system of
order.
2. HARMONY - Universe operates under beautiful
harmonious
system
3- BALANCE - Nature is balanced in her parts.
4. INTELLIGENCE - A reflection and expression of God.
5. GROWTH OR EVOLVEMENT - Must grow plus or minus.
6. ATTRACTION - All things attract elements required
after needs set.
7. FULFILLMENT AND DISINTEGRATION - When usefulness
(cycle complete) ends.
33• I believe that there is a rhythm for every person.
34. I believe that when one develops (finds) his rhythm, his
harmony, he becomes a flowing whole.
35. I believe that the danger of sideline temptations is that one
may break his stride (rhythm) when one steps out of his
rhythm; and it may be difficult to regain it when one steps
back in.
36. I believe that the circle symbolizes rhythm.
37. I believe that rhythm is expanding when there is little
resistance and not attempting expansion when cycle is
contracting or there is great resistance. Rhythm is not going
against the tide of nature.
38. I believe that in order to get your rhythm, you must:
1. Decide on a purpose or objective (in or with your
life).
2. Get into the rhythm of thinking of God’s Natural Laws.
3. Get into the rhythm of giving (using) what you have at
hand.
4. Then 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 cycle)).
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
history. I
believe that these laws must be lived by and practiced.
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 God’s Laws are the most wonderful laws in the
universe.
END
22
APPENDIX VI
"MASTER TIME FACTOR CHARTS OF THE DOW-JONES
AVERAGES" MADE BY EVERYMAN'S INC. JULY 1983- COPYRIGHT
1983.
BACKGROUND:
THERE ARE THREE SHEETS OF THIS MONTHLY CHART OF THE DOW-JONES
AVERAGES. THEY DATE FROM JANUARY 1901 THROUGH THE PRESENT TIME
(JULY 1983). THE PRICES ARE THE LOW CLOSE AND HIGH CLOSE FOR THE
MONTH.
SHEET 1 IS 240 MONTHS OVER IN TIME AND PRICE SCALE IS $1.00 PER
UNIT OF PRICE. PRICE ON SHEET 1 IS COVERED FROM $0.00
THROUGH $240.00. TIME IS 240 MONTHS (20 YEARS). THE YEARS ARE
LISTED AT BOTTOM OF SHEET AS 1ST, 2ND, 3RD, ETC. THROUGH 20TH.
IT IS COLOR CODED. OH SHEET 1, 1901-1920 IS COLORED YELLOW;
1921-1940 IS COLORED RED; 1941-1960 IS COLORED GREEN. SHEET 1 IS
PLACED ON SHEET 2 AT $240.00.
SHEET 2 IS 240 MONTHS OVER IN TIME (SAME AS SHEET 1), BUT THE
PRICE SCALE ON SHEET 2 IS $2.00 PER UNIT OF PRICE. PRICE ON SHEET
2 IS COVERED FROM $240.00 AT THE BOTTOM TO $720.00 AT THE TOP. ON
SHEET 2 RED IS TOP OF 1901-1940 CYCLE; GREEN IS PART OF 1941-1960
CYCLE THAT BEGAN ON SHEET 1; YELLOW ON THIS SHEET IS THE
BEGINNING AND PARTS OF 1961-1980 CYCLE. SHEET 2 IS PLACED ON
SHEET 3 AT $720.00.
SHEET 3 IS 240 MONTHS OVER IN TIME (SAME AS SHEETS 1 & 2), BUT
THE PRICE SCALE IS $3.00 PER UNIT OF PRICE. PRICE ON SHEET 3 IS
COVERED FROM $720.00 AT THE BOTTOM TO $1440 AT THE TOP. ON
SHEET
3 YELLOW IS PARTS OF THE 1961-1980 CYCLE; RED IS THE BEGINNING TO
CURRENT TIME OF THE 1981-2000 CYCLE THROUGH MID-JULY 1983.
THESE 3 SHEETS ARE MEANT TO BE STACKED ON TOP OF EACH
OTHER IN 1,2,3 FASHION. IN OTHER WORDS, EACH YEAR ZONE FROM 1ST
YR THROUGH 20TH YEAR IS PLACED IN LINE VERTICALLY ON EACH OF
THE 3 SHEETS AT THE PROPER 1,2,3 ORDER.
IF YOU WANT TO CONTINUE TO KEEP THIS CHART UP, ALL YOU NEED TO
DO IS TO TAKE THE HIGH CLOSE FOR THE CALENDAR MONTH AND
THE LOW CLOSE FOR THE CALENDAR MONTH AND COLOR IN RED
BETWEEN THOSE POINTS. THIS CHART IS NOT BASED ON THE
MONTHLY HIGH OR THE MONTHLY LOW, BUT THE MONTHLY
HIGH CLOSE AND THE MONTHLY LOW CLOSE. THE REASON FOR
THIS IS THAT THE DATA BACK IN THE EARLY 1900!S WAS ONLY
AVAILABLE TO ME IN THAT FORM AND I NEEDED TO KEEP THE CHARTS
CONSISTENT.
APPENDIX
VI
,
APPENDIX VII
WEEKLY CHARTS SHOWING MASTER TIME FACTOR
PREPARED FOR Everyman’s INC.-BY NEXUS RESEARCH
INC.
BACKGROUND:
THESE CHARTS ARE WEEKLY CHARTS OF THE DOW-JONES AVERAGES
FOR THE THREE YEAR PERIODS HAVE 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 'CHARTIST1, 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 favour 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)
top related