The Law of Vibration: The revelation of William D. Gann
A**R
Fabulous book
As others have said, this is well written and hard to put down. The author has made a thorough academic study of his subject and lays out the facts in a clear and easily digestible way. Most of all it was both exciting and refreshing to find hard evidence for subject matter that I mostly have to rely on an overdose of trust and faith to believe in. The information and explanations provided in the book have given me new confidence in what I have always believed in but could never hope to explain.This is essential reading for anyone who is in the process opening their mind. I should rephrase that and say absolutely essential.
C**X
Astounding. It will truly
I found the contents of the book, and its implications, astounding. I would say the conclusions of the research seem very far-fetched but it is impossible to escape that what superficially appears as improbable or coincidental when they are contradicted by the sheer combinations of mathematical example followed by mathematical example, all of which fit together too perfectly to be coincidence. It is truly hair-raising to think a) what W.D. Gann must have known, b) what he had access to, c) what, once one overcomes the religious dressing, the encoded information in the bible really is about and c) what else might be hidden within the bible in either its current form or its original (i.e. including lost books, such as the book of Jasher, etc.)
A**R
Four Stars
Interesting but unlikely to improve your trading, in my humble opinion.
L**O
Superb!
This book is a fantastic accomplishment, collating, examining and presenting considerable research and insight which I note from an absence of lengthy acknowledgements has most likely been a sole exploration. I'm not an economist or trader and came across this book by chance (or according to the book, probably not by chance!)....it covers some complex mathematical relationships yet the author has managed to make it fully accessible and writes with an easy tone.Regardless of ones, background I think it an excellent book - I was fascinated and couldn't put it down. What it elegantly demonstrates is profound, especially as it's consistent with wisdom from many other (if not all) ancient civilisations and cultures and with the current state of our planet it couldn't be more timely.
S**O
Good explanation
This book nails it..he can explain difficult topic in an easy way
A**R
Easy to learn.Hard to believe.
Amazon have just reminded me, that I downloaded Tony's book on April !st 2014.Since reading it three times as recommened by William Gann, my trading has been transformed.Perhaps Tony 's book re organised my thought patterns built up over 10 unsuccessful years,I dont know,However,believing in Tony and William Gann is like believing in God.You do or do not.There is no middle path.Tonys perception of Ganns work,will be different to ours,but it reveals more in one volume than all the trading books I read in the City of London Library.Buy it to improve your trading.Robb Garlick.
J**N
This is a very disappointing book
In 2010 Harriman House publishers approached me (viz. James Smithson) and said they would like to commission me to write a book on William D Gann. I declined this offer, stating that I needed to carry out further research before I could rediscover Gann's actual forecasting and trading methodology. I was therefore very interested to read "The Law Of Vibration: The Revelation Of William D Gann", written by Tony Plummer, that Harriman House recently published. Unfortunately I was very disappointed.THE BACKGROUND TO PLUMMER'S WAVEIn order to fully understand this book, it is necessary to firstly understand some background information about the book and its author.Tony Plummer is a proponent of the Elliott Wave Theory. The Elliott Wave Theory was thought up in the 1930s by Ralph Elliott, an elderly American accountant working on the railways in Central America; who devised the theory whilst recovering from an illness in hospital. According to this theory there is a fundamental price pattern in the financial markets, comprising five waves up and three waves down, which reliably recurs and can therefore be used to forecast the financial markets. During the 1980s the Elliott Wave Theory became very popular amongst financial market forecasters but more recently its popularity has declined. This decline in popularity is probably because more intelligent practitioners of the Elliott Wave Theory have increasingly realised that, when forecasting a financial market, depending on one's particular wave count, one can quite legitimately forecast either a bull market, or a sideways market, or a bear market. Thus the fundamental flaw in the Elliott Wave Theory is that in its application one can quite often simultaneously forecast any market outcome; and therefore the Elliott Wave Theory in fact has no predictive ability. It may be noted that novice practitioners of the Elliott Wave Theory often attribute their lack of trading success to their own inexperience, when in fact the EWT itself is fundamentally flawed.Tony Plummer apparently accepts that the Elliott Wave Theory is fundamentally flawed because he has devised a different wave theory. More specifically, although Plummer similarly believes that there is a fundamental price pattern in the financial markets, he proposes that this pattern in fact comprises three waves up and three waves down. Importantly, Plummer first proposed this idea some time ago; as stated in a footnote on page 153 of "The Law Of Vibration: The Revelation Of William D Gann": "I have been using this very specific three-phase behavioural pattern in economic activity since the late 1990s (see, for example, Tony Plummer, `Forecasting Financial Markets'). The pattern was fully incorporated into my forecasting processes at Rhombus Research Ltd (2001-07), and is now central to my work at Helmsman Economics Ltd (2007 to date)". For ease of reference, I will refer to Tony Plummer's three waves up/ three waves down wave pattern as "Plummer's wave".GANN'S FORECASTING METHOD AND PLUMMER'S WAVETurning now to the detail of "The Law Of Vibration: The Revelation Of William D Gann", Gann enthusiasts will want to know what has all this to do with Gann and his forecasting and trading methodology? In summary, Plummer is proposing in his book that his Plummer's wave, which he has been actively using to try to forecast financial markets since the late 1990s, is in fact also the basis of Gann's forecasting method. Unfortunately for Plummer this central idea of his can be refuted right away. More specifically, Gann consistently stated throughout his writings that time (and time cycles) was the basis of his forecasting method. For example, Gann stated:"The most important thing of all is the Time factor, which I use in making up my annual forecasts. It is not my object here to give away that secret, but I am showing you plain enough and giving you rules enough that, if you follow them, you will be able to make a success in the stock market" (W D Gann, "Truth Of The Stock Tape", 1923, page 116)."The time factor and time periods are most important in determining a change in trend because time can over balance price, and when the time is up the volume of sales will increase and force prices higher or lower" (W D Gann, "45 Years In Wall Street", 1941, page 10)."Time is the most important factor of all and not until sufficient time has expired does any big move start up or down. The time factor will overbalance both space and volume. When time is up, space movement will start and large volume will begin, either up or down. At the end of any important movement - monthly, weekly or daily - Time must be allowed for accumulation or distribution or for buying and selling to be completed" (W D Gann, "How To Make Profits In Commodities", 1951, page 56).Thus, for the avoidance of doubt, Gann stated that time (and time cycles) is the basis of his forecasting method, and it is time that drives prices and the volume of sales in financial markets. Therefore Plummer's suggestion that his Plummer's wave is the basis of Gann's forecasting method is nonsense.GANN'S NOVEL "THE TUNNEL THRU THE AIR" AND PLUMMER'S WAVEAt this point Gann enthusiasts will probably wish to know how on earth Plummer could come to believe that his Plummer's wave is the basis of Gann's forecasting and trading method. The answer is as follows.In chapter 10 of his book, Plummer focuses on Gann's semi-autobiographical novel entitled "The Tunnel Thru The Air" (which Gann wrote in 1927). Plummer highlights the fact that in the foreword to this book Gann wrote "The `Tunnel Thru The Air' is mysterious and contains a valuable secret, clothed in veiled language". Gann also states in the foreword to his book that this secret is likely to be discovered after reading the book three times ("The greatest number will find the hidden secret when they read it the third time"). In analyzing this, Plummer reaches the widely-held conclusion that this "Valuable secret, clothed in veiled language" is probably Gann's actual forecasting and trading method.However, instead of following Gann's recommendation to carefully read the book three times, Plummer concludes that the content of this book is irrelevant. Instead, Plummer decides to produce a graph of the number of pages in each chapter against the 36 chapters of Gann's novel. Plummer proposes that the resultant line graph conforms closely to his Plummer's curve. Plummer therefore concludes that the basis of Gann's forecasting and trading method is the Plummer's curve and that Gann deliberately hid such a pattern, not in the content of his novel, but in the total number of pages in each chapter. Plummer then attempts to strengthen his bizarre theory by cynically and deliberately deprecating the content of Gann's novel "The Tunnel Thru The Air". For example, Plummer describes Gann's novel as "dreadful" (page 3), "tediously long and seemingly meaningless" (page 95), "flaccid text and weak story line" (page 99), "an appallingly trivial book" (page 157) and "a largely irrelevant book" (page 177).Ignoring this nonsense from Plummer, Gann enthusiasts will wish to ask the question: since Gann stated that there was a valuable secret contained within his novel "The Tunnel Thru The Air", where might this be found? In summary, the answer is likely to be found in Gann's discussion of cycles (chapter 7), Gann's discussion of astrology and the Bible (chapters 6 and 14), and Gann's detailed analysis of trading in cotton and Major Motors stock (chapter 16). In conclusion the evidence strongly suggests that Plummer's proposal, that Gann encoded a Plummer's wave in the number of pages-per-chapter of his novel and hence the content of the novel is irrelevant, is in fact palpable nonsense.GANN'S NOVEL, ST. MATTHEW'S GOSPEL AND PLUMMER'S WAVEDespite his negative comments on the content of Gann's novel "The Tunnel Thru The Air", Plummer nevertheless highlights one section, which is as follows:"The Bible points the way to read the signs and the stars. St Matthew 12:38, 39 and 40 -`Then certain of the scribes and Pharisees answered, saying, Master, we would see a sign from thee'.`But he answered and said unto them, An evil and adulterous generation seeketh after a sign; and there shall no sign be given to it, but the sign of the prophet Jonas'.`For as Jonas was three days and three nights in the whale's belly; so shall the Son of man be three days and three nights in the heart of the earth'.I have read the Book of Jonah thru very carefully, and I believe that I understand what the Saviour meant when he said: `No sign shall be given, but the sign of the prophet Jonas'.I believe there was a secret meaning in what in what he said; that the Son of man be three days and three nights in the heart of the earth. I believe that a man who understands the meaning of that has all the power under heaven and earth, as the Bible says he shall have. I believe that that is the key to the interpretation of the future. I am sure I have found it and know how to apply it" (W D Gann, "The Tunnel Thru The Air", 1927, page 69).Now, in order to analyze this key section from Gann's novel, Plummer does not actually read and examine the text. Instead, Plummer takes the original Greek text of Matthew 12, verses 39 and 40, assigns each word a numerical value (under the principles of gematria), adds together each 4 sequential words and graphs the result to produce what he believes is a Plummer's wave. Plummer thereby claims that not only did Gann in 1927 encode a Plummer's wave in the number of pages-per-chapter of his novel, but St Matthew also encoded a Plummer's wave in 2 of the 50 verses of chapter 12 of his gospel when he wrote it 2000 years ago.At this point Gann enthusiasts are likely to ask what is a more likely explanation for this key section of Gann's novel? The answer is likely to be found, not in Plummer's bizarre graphical approach, but by examining the context and content of this passage. Firstly, this key passage in Gann's novel is contained in a letter whose dominant theme is that "The Bible makes it plain that the stars do rule" (page 66). Secondly, this passage starts with the more specific statement that "The Bible points the way to read the signs and the stars" (page 69). Thus the key points being made in this letter are that the Bible does not merely state (in numerous places) that planetary cycles have a real influence on earth, but the Bible also indicates part of the specific method by which the future may be forecast by planetary cycles/ signs of the zodiac.This view is reinforced by another part of St Matthew's gospel, in which Jesus apparently berates two groups for their inability to predict the future using planetary cycles:"The Pharisees also with the Sadducees came, and tempting desired him that he would show them a sign from heaven.He answered and said unto them, When it is evening, ye say, It will be fair weather; for the sky is red.And in the morning, It will be foul weather today; for the sky is red and lowring. O ye hypocrites, ye can discern the face of the sky, but can ye not discern the signs of the times?A wicked and adulterous generation seeketh after a sign; and there shall no sign be given unto it, but the sign of the prophet Jonas. And he left them and departed" (Matthew, chapter 16, verses 1 to 4).Gann himself refers to this passage in the chapter of his novel on cycles (chapter 7):"The Bible is the book of all books, and if we only study it and understand it, we can gain a proper knowledge of all things. I believe it is the duty of any man who understands science and mathematics and the cycle theory, and knows what is coming, to warn the people in order that they may prepare for trouble ahead. Many will scoff and laugh and refuse to believe until it is too late. The Bible is full of references where God has given us signs by which we may know what is coming, if we will only believe them. He says: `O, ye hypocrites, ye can discern the face of the sky, but can ye not discern the signs of the times?' ....... How few people are willing to study the Bible in order to understand the signs and discern the future and profit by it" (W D Gann, "The Tunnel Thru The Air", page 83).In summary therefore, in this key section of his novel, Gann is highlighting how the Bible does not merely emphasise repeatedly that planetary influences are a real phenomenon, but that the Bible also describes (in symbolic language) part of the specific method by which the future may be forecast from these planetary influences and signs of the zodiac. This point is emphasised repeatedly throughout Gann's novel and is consistent with the statements made by Gann before and after he wrote this novel that cycles were the basis of his forecasting method.CONCLUSIONThe principal thesis of Tony Plummer in his book "The Law Of Vibration: The Revelation Of William D Gann" is that he has recently discovered that his Plummer's wave, which he has been actively using since the 1990s, is in fact also the basis of Gann's forecasting and trading method. In this review, it has been shown that Plummer's thesis is without any merit whatsoever because Gann consistently stated on numerous occasions that time (and time cycles) was the basis of his forecasting method. Therefore it is not possible for any particular price pattern (which includes Plummer's wave) to be the basis of Gann's forecasting method.Indeed, there are also serious doubts about whether Plummer's wave itself has any merit whatsoever in terms of forecasting financial markets. This is because Plummer's wave is a simple price pattern derived from the Elliott Wave Theory and therefore suffers from the same fundamental flaw; namely that the EWT may apparently explain many market movements after the event but (due to the ambiguities of wave counting) can usually forecast any outcome (and hence cannot forecast one unique outcome) before the event.Thus, Gann enthusiasts are likely to be disappointed by Plummer's book. Despite this, Gann enthusiasts will nevertheless wish to enquire how they can develop their knowledge of Gann and his forecasting and trading method. In my opinion this can best be achieved by (1) reading the various books and two courses that Gann himself wrote; (2) reading the books on Gann's recommended reading list (this list, which Gann distributed to his students in 1946, contains approximately 80 titles by other authors); and (3) researching and investigating for themselves how time, and cycles of time, impact the stock and commodity markets (this is something that Gann also strongly recommended to his students).Finally, Gann enthusiasts will be aware that Gann was probably the most successful trader in the first half of the twentieth century but, despite writing a number of books and courses, he never disclosed his actual forecasting and trading method to anyone. Nevertheless a cottage-industry has developed of Gann charlatans and fraudsters producing (usually expensive) books, courses and DVDs purporting to disclose Gann's actual forecasting and trading method. These products almost invariably comprise incomplete work-in-progress and half-baked theories of little or no value. Clearly, Gann enthusiasts should take care to avoid all such products.PLEASE FIND BELOW TONY PLUMMER'S RESPONSE TO MY REVIEW OF HIS BOOK"James:This email is a response to the review that you have posted on Amazon.co.uk and on Amazon.com.It is not surprising that some of the ideas put forward in The Law of Vibration have created objections. And I would be the first to admit that there are likely to be mistakes in the book. It is after all new territory.However, I need to point out that I have never denied Mr Gann's use of astrology as a timing tool. As I mention in the book, astrological conjunctions do seem to have an influence on human behaviour and so need to be given a much greater consideration by researchers. My difficulty was/is that I do not know enough about astrology to provide investor-friendly comment.I also want to emphasise that I am not a proponent of the Elliott Wave Principle. Nor did I write the book with the intention of proving that what you call "Plummer's Wave" - I prefer "Price Pulse" - was the source of Mr Gann's extraordinary trading record. As it happens, a rhythmic six-wave pattern can be found in economic and financial market statistics and is therefore very useful in tracking cyclical behaviour. It is also the likely basis of Mr Elliott's pattern (not the other way around). I argued this in Forecasting Financial Markets about 20 years ago.The specific point that I made in The Law of Vibration was that the Price Pulse was the same as the six-wave energetic pattern in living organisms that was described by George Gurdjieff - not, as you assert, the same as the pattern that can be found in The Tunnel Thru The Air. The distinction between Mr Gurdjieff and Mr. Gann is very important because the original Gurdjieff pattern has a balanced profile, whereas the Gann pattern has a very distinctive left bias to it. The pattern in Tunnel revealed where I had originally gone wrong.You may have any number of reasons for supposing that such a pattern does not exist - either in theory or practice. At the moment, however, my position is that the mathematical coherence of the pages and chapter numbers in Tunnel is not accidental. Moreover, the resulting pattern correlates with similar patterns derived from at least two other unimpeachable sources (and I have since found a third). What may be of interest to you is that a deconstruction of the resulting pattern hints that the energy of Time itself is in some way independent of astronomical (clock) cycles. This idea is already creeping into physics, but it needs much more research. It may be that this is what lay behind Mr Gann's idea of squaring price with time.If all this is correct, Mr Gann's concentration on Time - which you correctly emphasise - may be best understood in terms of a triad of characteristics: astrological influences, sacred geometry relating time to activity, and the unfolding through time of his cyclical law of vibration. It would certainly help to sift out those astrological alignments that were not critical.The Law of Vibration was not designed to prove that the Price Pulse is the basis of Mr Gann's work, but to confirm the depth of Mr Gann's knowledge and to highlight how little we actually know about it. He's the genius here.If any of this strikes a chord with you, I would be grateful if you would consider removing your review from the Amazon websites. If Mr Gann did hide a pattern in Tunnel, then surely investors and economists might benefit from knowing about it?Tony".
C**E
Powerful and Revelatory Insights
This book has connected so many loose ends in my mind that I feel compelled to write a review after only 5 chapters. If you have any interest in how the esoteric manifests in the mundane world then read this book. The only negative review may be completely discounted - its tone should give the game away.
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