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As a young stockbroker, W.D. Gann already suspected that there were unseen causes,
operating behind the scenes that were responsible for price movements in stocks
and commodities. He liked to think that these hidden causes were part of a natural
law that was secretly at work in the markets. As he acquired more knowledge and
developed his theories, Gann systematized his theory of price movement and called
it the "Law of Vibration".
In the Ticker Magazine1 interview Gann states, "In going over the history of markets
and the great mass of related statistics, it soon becomes apparent that certain laws
govern the changes and variations in the value of stocks, and there exists a periodic
or cyclic law which is at the back of all these movements. I soon began to note the
periodical reoccurrence of the rise and fall of stocks and commodities. This led me
to conclude that natural law was the basis of market movements."
Gann believed that all successful men -- be they scientists, doctors, or businessmen,
have devoted years to the study of their particular professions before attempting to
practice them. Similarly, Gann spent many years in the pursuit of knowledge, leaving
no stone unturned. Gann states, "After exhaustive research and investigations of the
known sciences, I discovered that the "Law of Vibration" enabled me to accurately
determine the exact points to which stocks or commodities should rise and fall within
a given time. The working out of this law determines the cause and predicts the effect
long before the Street is aware of either."
Gann concludes by stating, "If we wish to avert failure in speculations we must deal
with causes. Everything in existence is based on exact proportion and perfect
relationship. There is no chance in nature, because mathematical principles of the
highest order lie at the foundations of all things."
What does Gann mean when he refers to the highest order, vibrations, and cycles?
Some are familiar with cycles research which attempts to understand price cycles in
the markets, but many times this study is ineffective because all the supposed regular
time cycles are in fact irregular, occurring at varying time intervals. Since "Time" is
based upon the Earth's rotation and it's cycle around the Sun, all standard time cycles
have an Earth/Sun planetary base.
However, by studying other planetary cycles, we readily observe both regular
(heliocentric), and irregular (geocentric) cycles.
Of all the sources which Gann studied, perhaps the one who most influenced him was
Pythagoras, who started a school of philosophy, and believed that an object could be
understood by knowing its number vibration. Pythagoras is credited with the discovery
of the Diatonic Scale, in which numbers and ratios determine the whole science of
music.
Having established music as a science, consisting of exact harmonic ratios,
Pythagoras then proceeded to divide all Creation, according to the law of harmonic
intervals, into proportionate planes and spheres, each of which was assigned a
number, tone, harmonic interval, and color.
Gann's "Law of Vibration" incorporates Pythagoras' Law of Harmonic Intervals. It is
obvious that Gann drew heavily from Pythagorean mathematics, when he developed
the squaring of "Price and Time", and the ratios by which highs and lows could be
divided. A lesser known part of the Pythagorean System includes numbers ruling
planets, and the ratios of their orbits, which are in harmonic relationships to each
other. This harmonic organization of the cosmos was called the "Music of the
Spheres."
While it is well known that Gann's primary market timing tool was based upon cosmic
correlations, what is not understood my most Gann adherents is that Gann's Astro
work was based upon empirical research, irrespective of traditional astrological
doctrines. Gann makes this clear when he states, "these vibratory forces can only be
known by the movements they generate on the stocks and their values in the market".
In other words, to obtain a high degree of accuracy when applying natural cycles, one
must learn through empirical research which cosmic cycles and events correlate
historically with particular Stocks, Indexes, or Commodities. This can only be
ascertained by doing original research to discover the historical correlations!
For example, the October 19, 1987 Crash low was perfectly timed by the 84 year
Uranus Cycle. Uranus reached the exact same position in the Heavens where it was
on November 9, 1903, the day of the 1903 Crash low.
The 1987 Crash was preceded by the August "Harmonic Convergence", a rare
planetary alignment which was widely advertised in the mass media (see Newsweek,
8/17/87). Our March 1987 forecast for a major top to occur at the New Moon on
August 24th and to be followed by a 3 month correction perfectly timed the 1987
Stock Market top within one day.
FOOTNOTES:
1) Richard Wykoff's interview of W.D. Gann, in Ticker Magazine, 1909.
In the December issue of "Traders' Catalogue and Resource Guide"1, our November
Newsletter was featured as the "Guest Newsletter". Our forecast stated, "Those who
took profits in late August and/or early September when the Dow reached 3660 should
be looking to buy Stocks in November. Look to buy Stocks on dips in November, as we
expect a very strong rally starting on or shortly after November 29th, which should
last into the first week of January."
The November 29th Lunar Eclipse date was also the closing low date on the S&P
Futures, and this level was never taken out on a closing basis. The Dow Jones
Averages did rally to new highs going into the first week of January, and those who
bought the dips made good profits.
This forecast, along with our forecasts for the July 16, 1990 Dow 3000 top, and the
August 25, 1987 "Harmonic Convergence"2 top all had the same kind of Astro-Harmonic
indicators that provided the information necessary to forecast all three rallies
months in advance. There have been many articles published on various Astro-Harmonic
methods, some of which are based upon solid statistical research. For example,
Edward R. Dewey who was with the Foundation For The Study of Cycles, published an
article in the October 1969 issue of Cycles magazine entitled, "Stock Prices and
Space"3 .
The study covered the Dow Jones Industrial Averages from 1897-1961. The report
showed a significant correspondence between monthly price changes and the
geocentric conjunctions (0 degrees), and oppositions (180 degrees) of certain planets
when they are located in different segments of the heavens. Stock prices usually
moved up when the planets were aligned near the Galactic Center, 92% of the time.
He stated that these statistical correlations were profound, and that there must be
some kinds of extra forces in the Solar-system having an effect on Stock Market prices.
The Cycles magazine article revealed that planetary conjunctions and/or oppositions
would have a different effect on Stock prices depending upon where they were located
in the heavens. The graph (Figure 1) shows the percentage that Stock prices advance
or decline from 30 days prior to the date of the geocentric conjunctions and oppositions
between certain planets. The broken lines on each chart represent chance
expectations. Mr. Dewey stated, "The consistency with which stock prices tend to
advance during the 30 days prior to conjunctions or oppositions of Mars, and Jupiter,
and the superior and inferior conjunctions of Mercury, when in the same segment of
space, is truly remarkable, and is surely not chance." Using this and our own research,
we forecast all three rallies and pin pointed when the tops were going to occur.
For example, our May 1990 Market Systems Newsletter stated, "On July 13th there is a
major planetary pattern which could be a major top, or trend change date. Since it
occurs near the Galactic Center, it portends higher prices going into this time-frame.
Therefore, long term traders should look to be buying the dips into this time-frame."
As we approached the month of July, more Astro Harmonic information became
available, thus, in our June issue we stated, "We do expect the July 12th/13th timeframe
to be a significant turning point date, and possibly an intermediate top. We would
like to see the market "squeeze" the shorts and rally into July 13th. If the technicals
confirm and/or if we reach the 3000 level, we would like to short a spike top."
A few weeks later, on June 20th, we broadcast our forecast on FNN's Ira Epstein Show
"The Dow will go to 3000 by July 16th". Amazingly, the Dow did reach 3000 on a print
basis for the first time on Friday, July 13th, and then closed at 2999.80 on Monday,
July 16th which was the high of the year! This uncanny forecast prompted Jeff Bower
(Guru Review Show; FNN T.V.) to ask me for a live interview on July 25th.
During this 30 minute interview, I referred to my Market Systems Newsletter forecast
which stated that the Market would drop into the August 6th Lunar Eclipse (exact low
tick on the S&P futures occurred at the exact time of the Lunar Eclipse); rally for
topping action on the 15th; decline into the August 23rd/24th High Energy Turning Point
Date; then rally into the September 11th turning point date. The forecast, available on
VHS, was 100% accurate. Obviously, those who say that it is impossible to forecast the
Stock Market, and turning point dates, are short-sighted.
These and many other accurate forecasts of ours reveal beyond a doubt that W. D.
Gann was on the right track when he incorporated geometry, Astro-indicators, and the
Law of Vibration Harmonic Method, to forecast Market turning point dates.
FOOTNOTES:
1) Traders' Catalog and Resource Guide is published by Crawford Associates, Inc.
2) The August 1987 "Harmonic Planetary Convergence", was a rare planetary
alignment which correlated with the August 25, 1987 Stock Market top (See Newsweek,
8/17/87) .
3) The Foundation For the Study of Cycles is an international, non-profit, research and
educational institute, incorporated in 1941 by Edward R. Dewey. The Foundation is the
world's center for multi-disciplinary cycle research and education.
In our previous articles we revealed scientifically based research showing a high degree
of correlation between cosmic cycles and events; and specifically Stock Market cycles
and events.
Since the publication of our last article, I was interviewed by Richard Saxton on KWHY
in early March, and again on May 20th. In the March, 1994 interview, I forecast that the
S&P would stay up into March 21st, and then continue its decline. Our March
Newsletter had already forecast that the next significant turning point would occur
around April 4-6th. The S&P did stay up into March 21st, and then dropped
dramatically into April 4th, exactly as I forecasted it on KWHY, and in our Newsletter.
During the May 20th interview, I reviewed my May 1st Newsletter forecast which
recommended buying the leveraged OEX May options. We had forecast a big move
starting on the 16th. The leveraged May 420 Call options generated an amazing 20 to 1
return from May 16th into the 19th. Our June Newsletter includes trade confirmations of
these amazing returns.
When I tell traders that the accuracy of these forecasts are based upon natural laws
and Gann's Law of Vibration Method (Celestial Harmonic Analysis), many are skeptical
until confronted with the historical evidence. Gann was correct when he referenced
natural laws as the most important indicator for Stock Market timing. Was it just a
coincidence that the previous swing low occur at the time of the Solar Eclipse; and
another coincidence when the market rallied into the Lunar Eclipse, generating 20 to 1
returns? How were we able to pin point exactly when the fast move would start? Do
Eclipses generate changes in mass investor psychology?
On January 14th, 1991, the Dow Jones Averages made it's intra-day low one day prior
to the Solar Eclipse, and then rallied over 500 points. In our article published in
Traders World magazine entitled "Heavenly Influences and the 1990 Stock Market Top", we
stated, "Hopefully, the light will be seen before the next Solar Eclipse, which occurs
on January 15, 1991. Interestingly, there are also several Celestial Harmonic indicators
which occur the day before, and the day after this eclipse. This portends a major
change in mass (investor) psychology."
Our December 16, 1990 Newsletter stated, "If the international situation worsens, a
drop, into the Solar Eclipse on the 15th, is likely....The Market should trend in one
direction, going into the 8th/9th, or into the 15th. The 8th/9th also has some longer
term harmonics that could generate a 1 or 2 day reaction in the Market. However, the
most important time-frame will be the day before, and the day after the January 15th
Solar Eclipse (6:43 PM EST). Usually, a Solar Eclipse date is not a turning point date,
however, in this case there are High Energy Harmonics occurring at the same time,
therefore, fast moves with lots of action will occur."
On January 15th, Jeff Bower (Financial News Network) stated, "most of the Market
timers are short or flat, except Greg Meadors, whose Market Systems Newsletter states
that a "rally into the 18th is virtually a lock." The Market did decline going into the
Solar Eclipse, which was followed by a fast move, a 150 point rally, lasting two days,
going into the 18th, exactly as forecast one month in advance!
Understanding how man's psychobiological rhythms (mass investor psychology) are
affected by Cosmic Rhythms, is the essence of Gann's Law of Vibration Method.
In Gann's Law Of Vibration interview he states, "Science teaches that an original
impulse of any kind finally resolves itself into periodic or rhythmical motion, also
just as the pendulum returns again in its swing, just as the moon returns in its orbit,
just as the advancing year ever brings the roses of spring, so do the properties of
the elements periodically reoccur as the weight of the atoms rises. From my extensive
investigations, studies and applied tests, I find that not only do the various Stocks
vibrate, but that the driving forces controlling the Stocks are also in a state of
vibration." "These vibratory forces can only be known by the movements they generate
on the
Stocks and their values in the Market. Since all great swings of movements of the
Market are cyclic they act in accordance with periodic law. After years of patient study
I have proven to my entire satisfaction as well as demonstrated to others that vibration
explains every possible phase and condition of the Market."
Therefore, all of Gann's other methods are subservient to this Law Of Vibration. When
one learns how to use this Law of Vibration, and also incorporate our Harmonic
Indicator Method, one can then forecast trend change dates with "uncanny" accuracy.
TAG: Market market MARKET Price PRICE MOVEMENT LAW APPLIED
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发表于 2009-11-1 15:03
