The Ledger (ex Candlesticks thread)

SOCRATES · Jun 20, 2007

GammaJammer said:
And there you have it - in a nutshell (although we have had to endure some awful rot to get here). The candles don't show cause (at least not on their own, and certainly not to someone who doesn't really know what they're looking for). And without this causal information, sometimes the only way to truly master the price action is to watch it tick by tick (I'm sure DBP etc would agree with me here).

My $0.02 as always

GJ

DBP's hypothesis is exclusively mainstream. I have told him many times.

This will interest you.

Several years ago, an office in a block in New York, and just round the corner from Wall Street became vacant not only because the lease on it had ended but also because the last of the occupants had passed away and apparently there were no surviving relatives willing or interested in carrying on.

This office was located in Broad Street if I remember the address correctly.

But no matter.

The new occupants were not interested in the contents and decided to dispose of everything, and rather than just chuck it in the bin, they sold it on for a nominal fee.

It turned out to be a priceless hoard of material from the great stock market operators of legend and who were closely known to each other and who shared this address and about whom many books have been written.

This material was broken up and sold to collectors and specialists worldwide within a matter of hours.

I know that the original WD Gann papers went to Robert Prechter and some to a friend of his, written in his own hand, in lilac ink, but I have his fountain pen, an American Conklin fountain pen with a gold nib and operated by a plunger, with his initials engraved in gold letters on the shank.

Another gentleman in Minnesota also acquired some original material relating to other market personalities, but I acquired the private annotations and observations of the grandaddy of price time and volume, some entries in ink and some in pencil, written as a private journal in a black leather Ledger measuring approximately 5 inches by 8 inches and about 3/4 of an inch thick.

I was allowed to acquire this material on the understanding the contents would not be allowed to be released into the public domain.

I therefore cannot discuss the contents with you in detail.

But I can tell you that what is in the public domain is superficial and incomplete. That is why there is so much confusion as to whether candles ( which are bars displayed in different format) work at all or not, (and in conjunction with volume). This is because the key material relating to this is missing. It was considered too powerful to release for public dissemination at the time, and as nothing changes in the market, the same applies today.

The Ledger, which is my property, is not in this country.

wasp · Jun 20, 2007

SOCRATES said:
DBP's hypothesis is exclusively mainstream. I have told him many times.

This will interest you.

Several years ago......................

Is there a 'we're not worthy' aka Wayne's world smilie?

Why tell us all that to then say your not going to tell us what it said? You are an odd man Soc.

A Dashing Blade · Jun 20, 2007

SOCRATES said:
I was allowed to acquire this material on the understanding the contents would not be allowed to be released into the public domain.

I therefore cannot discuss the contents with you in detail.

And I've got a 14" pen!s but I am bound by a sacred oath not to show it to anyone.

SOCRATES · Jun 20, 2007

wasp said:
Is there a 'we're not worthy' aka Wayne's world smilie?

Why tell us all that to then say your not going to tell us what it said? You are an odd man Soc.

I am not an odd man. I am under solemn oath not to reveal the contents in detail.

But this does not prevent me from trying to help you.

I am trying to help you by holding to my oath but at the same time trying to point you in the right direction, for you to think deeply and have realisations as a result, but it seems that every attempt made on these boards to try to elevate and enlighten are met with abuse or aggression.

new_trader · Jun 20, 2007

SOCRATES said:
DBP's hypothesis is exclusively mainstream. I have told him many times.

This will interest you.

Several years ago, an office in a block in New York, and just round the corner from Wall Street became vacant not only because the lease on it had ended but also because the last of the occupants had passed away and apparently there were no surviving relatives willing or interested in carrying on.

This office was located in Broad Street if I remember the address correctly.

But no matter.

The new occupants were not interested in the contents and decided to dispose of everything, and rather than just chuck it in the bin, they sold it on for a nominal fee.

It turned out to be a priceless hoard of material from the great stock market operators of legend and who were closely known to each other and who shared this address and about whom many books have been written.

This material was broken up and sold to collectors and specialists worldwide within a matter of hours.

I know that the original WD Gann papers went to Robert Prechter and some to a friend of his, written in his own hand, in lilac ink, but I have his fountain pen, an American Conklin fountain pen with a gold nib and operated by a plunger, with his initials engraved in gold letters on the shank.

Another gentleman in Minnesota also acquired some original material relating to other market personalities, but I acquired the private annotations and observations of the grandaddy of price time and volume, some entries in ink and some in pencil, written as a private journal in a black leather Ledger measuring approximately 5 inches by 8 inches and about 3/4 of an inch thick.

I was allowed to acquire this material on the understanding the contents would not be allowed to be released into the public domain.

I therefore cannot discuss the contents with you in detail.

But I can tell you that what is in the public domain is superficial and incomplete. That is why there is so much confusion as to whether candles ( which are bars displayed in different format) work at all or not, (and in conjunction with volume). This is because the key material relating to this is missing. It was considered too powerful to release for public dissemination at the time, and as nothing changes in the market, the same applies today.

The Ledger, which is my property, is not in this country.

Is it possible for anyone who does not follow mainstream candle theory to complete the missing piece? Hard work, study and practice?

wasp · Jun 20, 2007

SOCRATES said:
I am not an odd man. I am under solemn oath not to reveal the contents in detail.

But this does not prevent me from trying to help you.

I am trying to help you by holding to my oath but at the same time trying to point you in the right direction, for you to think deeply and have realisations as a result, but it seems that every attempt made on these boards to try to elevate and enlighten are met with abuse or aggression.

I'm not being abusive nor aggressive Socrates, you have just posted you have the answers at home (or overseas somewhere) but won't actually tell anyone anything.

the only thing you actually said regards candles was...

But I can tell you that what is in the public domain is superficial and incomplete.

If someone gains advancement in their trading from that, kudo's to them.

rols · Jun 20, 2007

SOCRATES said:
DBP's hypothesis is exclusively mainstream. I have told him many times.

This will interest you.

Several years ago, an office in a block in New York, and just round the corner from Wall Street became vacant not only because the lease on it had ended but also because the last of the occupants had passed away and apparently there were no surviving relatives willing or interested in carrying on.

This office was located in Broad Street if I remember the address correctly.

But no matter.

The new occupants were not interested in the contents and decided to dispose of everything, and rather than just chuck it in the bin, they sold it on for a nominal fee.

It turned out to be a priceless hoard of material from the great stock market operators of legend and who were closely known to each other and who shared this address and about whom many books have been written.

This material was broken up and sold to collectors and specialists worldwide within a matter of hours.

I know that the original WD Gann papers went to Robert Prechter and some to a friend of his, written in his own hand, in lilac ink, but I have his fountain pen, an American Conklin fountain pen with a gold nib and operated by a plunger, with his initials engraved in gold letters on the shank.

Another gentleman in Minnesota also acquired some original material relating to other market personalities, but I acquired the private annotations and observations of the grandaddy of price time and volume, some entries in ink and some in pencil, written as a private journal in a black leather Ledger measuring approximately 5 inches by 8 inches and about 3/4 of an inch thick.

I was allowed to acquire this material on the understanding the contents would not be allowed to be released into the public domain.

I therefore cannot discuss the contents with you in detail.

But I can tell you that what is in the public domain is superficial and incomplete. That is why there is so much confusion as to whether candles ( which are bars displayed in different format) work at all or not, (and in conjunction with volume). This is because the key material relating to this is missing. It was considered too powerful to release for public dissemination at the time, and as nothing changes in the market, the same applies today.

The Ledger, which is my property, is not in this country.

Truth is indeed stranger than fiction.

Though I fear we, like Pavlov's dogs will be left dribbling in anticipation in aeternum

new_trader · Jun 20, 2007

wasp said:
I'm not being abusive nor aggressive Socrates, you have just posted you have the answers at home (or overseas somewhere) but won't actually tell anyone anything.

the only thing you actually said regards candles was...

But I can tell you that what is in the public domain is superficial and incomplete.

If someone gains advancement in their trading from that, kudo's to them.

(IMO) You can't take 1 thread alone. Socrates has posted hints, allegories and cryptic clues in many different threads. I (think) I am beginning to assemble a much clearer picture of what he is trying say. Intent, the twig bird etc all fall into place, but then sometimes he hints at something deeper which makes me wonder if I have really have all the pieces necessary to complete the picture correctly.

SOCRATES · Jun 20, 2007

wasp said:
I'm not being abusive nor aggressive Socrates, you have just posted you have the answers at home (or overseas somewhere) but won't actually tell anyone anything.

the only thing you actually said regards candles was...

But I can tell you that what is in the public domain is superficial and incomplete.

If someone gains advancement in their trading from that, kudo's to them.

Neither the fountain pen nor the ledger are in this country for security reasons.

They are in a safe deposit box at an authorised depository overseas.

I have told you enough to get the grey cells working. I cannot tell you more, because as I explained to you I am under oath, and even if I were not, but just had the whole thing revealed to me in confidence, I would not reveal either as I am not in the habit of betraying confidences.

(A case in point is the writings of a certain member we shall call the Jersey Bus Driver, whose letters I have been given to me to read in the past but feel it would be improper, given the circumstances to reveal what was in them either. )

You have to learn to push your own envelope. You do this by applying deep and incisive thought instead of allowing the thinking to be done for you, as is the problem not only on these boards, but in circumstances in which people are apt to gather, in which the individual sacrifices and sublimates his own views in deference to that of the crowd.

You must learn to stand on your own two feet and not rely on others. You must self generate the right thinking processes in order to progress.

SOCRATES · Jun 20, 2007

Correction of Errata:~ " to those of the crowd".

wasp · Jun 20, 2007

SOCRATES said:
Neither the fountain pen nor the ledger are in this country for security reasons.

They are in a safe deposit box at an authorised depository overseas.

I have told you enough to get the grey cells working. I cannot tell you more, because as I explained to you I am under oath, and even if I were not, but just had the whole thing revealed to me in confidence, I would not reveal either as I am not in the habit of betraying confidences.

(A case in point is the writings of a certain member we shall call the Jersey Bus Driver, whose letters I have been given to me to read in the past but feel it would be improper, given the circumstances to reveal what was in them either. )

You have to learn to push your own envelope. You do this by applying deep and incisive thought instead of allowing the thinking to be done for you, as is the problem not only on these boards, but in circumstances in which people are apt to gather, in which the individual sacrifices and sublimates his own views in deference to that of the crowd.

You must learn to stand on your own two feet and not rely on others. You must self generate the right thinking processes in order to progress.

Thanks for that bit of worldly advice. I had figured that part out on my own many years ago. As in anything in life, following the herd will get you nowhere. Yet, as the crowd shouted back to Brian that 'we are all individuals', people still wondered about the point of that post.

new_trader · Jun 20, 2007

wasp said:
Thanks for that bit of worldly advice. I had figured that part out on my own many years ago. As in anything in life, following the herd will get you nowhere. Yet, as the crowd shouted back to Brian that 'we are all individuals', people still wondered about the point of that post.

Ummmmm...maybe it was written for people who ARE interested.....Who appointed you speaker on behalf of the forum?

You figured it out ages ago? Congratulations, lets shut this forum down then.

wasp · Jun 20, 2007

new_trader said:
Ummmmm...maybe it was written for people who ARE interested.....Who appointed you speaker on behalf of the forum?

You figured it out ages ago? Congratulations, lets shut this forum down then.

I was referring to the 'not being part of the crowd section' to which I assumed everyone here has done anyhow.

As for people being interested in what Soc says, I am too strangely enough, but only when he says whats relevant.

I'm not interested in derailing this thread and I only posted to query why Socrates told us about a book he owns somewhere.

SOCRATES · Jun 20, 2007

wasp said:
I was referring to the 'not being part of the crowd section' to which I assumed everyone here has done anyhow.

As for people being interested in what Soc says, I am too strangely enough, but only when he says whats relevant.

I'm not interested in derailing this thread and I only posted to query why Socrates told us about a book he owns somewhere.

Because in this leather covered book with pages in gold leaf, which was originally printed as a private ledger with thin red lines vertically decorating the pages... the owner..... disregarded the red lines..... used it to annotate his most innermost thoughts accompanied by little scribbled charts to illustrate points to himself that he never published, and in fact, in many instances, the explanations given in the public domain are, if not the opposite, then thowaway ideas. This clearly infers he did not consider his private thoughts (which in the context of what is popularly followed is dynamite)........ he clearly did not consider them suitable for release to the public, that's all.

temptrader · Jun 20, 2007

SOCRATES said:
Because in this leather covered book with pages in gold leaf, which was originally printed as a private ledger with thin red lines vertically decorating the pages... the owner..... disregarded the red lines..... used it to annotate his most innermost thoughts accompanied by little scribbled charts to illustrate points to himself that he never published, and in fact, in many instances, the explanations given in the public domain are, if not the opposite, then thowaway ideas. This clearly infers he did not consider his private thoughts (which in the context of what is popularly followed is dynamite)........ he clearly did not consider them suitable for release to the public, that's all.

hmm . . . that sounds like the log book of those aquarists who managed to breed synodontis granulosus - look it up if you need to know.

There are many books like these all over the world, and their contents might, just might, be valuable to someone. But since you allude to this in your inimitable style I can only say that, alas, there will be many posters on this thread who want to know the contents of said notebook . . . .

Paul71 · Jun 20, 2007

SOCRATES said:
DBP's hypothesis is exclusively mainstream. I have told him many times.

This will interest you.

Several years ago, an office in a block in New York, and just round the corner from Wall Street became vacant not only because the lease on it had ended but also because the last of the occupants had passed away and apparently there were no surviving relatives willing or interested in carrying on.

This office was located in Broad Street if I remember the address correctly.

But no matter.

The new occupants were not interested in the contents and decided to dispose of everything, and rather than just chuck it in the bin, they sold it on for a nominal fee.

It turned out to be a priceless hoard of material from the great stock market operators of legend and who were closely known to each other and who shared this address and about whom many books have been written.

This material was broken up and sold to collectors and specialists worldwide within a matter of hours.

I know that the original WD Gann papers went to Robert Prechter and some to a friend of his, written in his own hand, in lilac ink, but I have his fountain pen, an American Conklin fountain pen with a gold nib and operated by a plunger, with his initials engraved in gold letters on the shank.

Another gentleman in Minnesota also acquired some original material relating to other market personalities, but I acquired the private annotations and observations of the grandaddy of price time and volume, some entries in ink and some in pencil, written as a private journal in a black leather Ledger measuring approximately 5 inches by 8 inches and about 3/4 of an inch thick.

I was allowed to acquire this material on the understanding the contents would not be allowed to be released into the public domain.

I therefore cannot discuss the contents with you in detail.

But I can tell you that what is in the public domain is superficial and incomplete. That is why there is so much confusion as to whether candles ( which are bars displayed in different format) work at all or not, (and in conjunction with volume). This is because the key material relating to this is missing. It was considered too powerful to release for public dissemination at the time, and as nothing changes in the market, the same applies today.

The Ledger, which is my property, is not in this country.

The stories change, but the underlying principle of the con is still the same.

Keep them interested and wanting more.

For this particular attempt,......3 out of 10.

Reason. Ridiculous story, totally unbelievable.

Must try harder!

temptrader · Jun 20, 2007

SOCRATES said:
The Ledger, which is my property, is not in this country.

You know I have a little notebook that I write stuff in as well, it contains:

1) a proof of the Riemann Hyphothesis
2) a proof of the Goldbach conjecture
3) a new knot polynomial much more powerful than HOMFLY

but unfortunately I cannot, and will not, make in publicly available. Like you, I am totally arrogant and utterly vain, and can't bear criticism, because what I write in my book is correct, and therefore my proofs are correct - so there!!

dbphoenix · Jun 20, 2007

temptrader said:
hmm . . . that sounds like the log book of those aquarists who managed to breed synodontis granulosus - look it up if you need to know.

There are many books like these all over the world, and their contents might, just might, be valuable to someone. But since you allude to this in your inimitable style I can only say that, alas, there will be many posters on this thread who want to know the contents of said notebook . . . .

I saw that movie. Harrison Ford was in it

temptrader · Jun 20, 2007

a fair sized synodontis granulosus costs 400 pounds in this country. So if I were to choose between keeping a fish that is rarely seen in captivity and a 400 pound bulldozer I would choose the fish any day of the week. Unfortunately I have no room for either, so I was thinking of spending my 400 pounds on ten tickets to see Jesus Christ Superstar

counter_violent · Jun 20, 2007

new_trader said:
Ummmmm...maybe it was written for people who ARE interested.....Who appointed you speaker on behalf of the forum?

You figured it out ages ago? Congratulations, lets shut this forum down then.

Do you see now what happens when he is encouraged....next thing you know...there will be an invite in your P M to the P L ....or is that what you want?

The Ledger (ex Candlesticks thread)

Veteren member

Legendary member

Experienced member

Veteren member

Legendary member

Legendary member

Experienced member

Legendary member

Veteren member

Veteren member

Legendary member

Legendary member

Legendary member

Veteren member

Well-known member

Senior member

Well-known member

Guest Author

Well-known member

Legendary member

Similar threads