|
PureBytes Links
Trading Reference Links
|
Norman,
What is being said here is that Babson had a way of predicting the markets,
using technicals.
Pencil, ruler and chart.
Babson said the theory came from Newtons laws of motion.
Where did Newton get his Action Reaction theory from? ............. Hermes
There is a significant body of evidence that Hermes was the father of
modern Science.
Therefore........
If the market can be acurately predicted based upon SCIENCE ...technical
analysis
then the markets move according to laws of nature and not the whims of man.
If the market moves based upon natural geometry and the laws of physics then
what we are doing is applying science to mass human behavior.
Improtant************ If it is based upon science and not a system that is
based upon optimization then we have natural and predictable reocurring
patterns to the market that will occur regardles of what is on the
news....Much like the work of Gann.
RM,
So are you saying that the principles of analyzing the markets are not
really Babsonian in nature but are really Babylonian? Are there any Cliff's
Notes available for this extensive dissertation?
Anciently,
Norman
> Alan,
> Here is a quote from the Babson.EDU site on Stock markets and Roger Babson.
> http://www.babson.edu/archives/rwbbio.html
>
> Having amassed a sizable fortune, Roger Babson was not content to
> join the idle rich. Instead he shared his
> business knowledge to
> protect investors, and invested his own
> wealth in industries and
> endeavors that would benefit humanity.
> After witnessing a dramatic
> stock market crash and financial panic in
> 1907, Roger Babson
> expanded his investment practice to include
> counseling on what to
> buy and sell as well as when it was wise to
> purchase or unload
> stocks. Working with M.I.T. Professor of
> Engineering George F.
> Swain, Roger Babson applied Isaac Newton's
> theory of "actions and
> reactions" to economics, originating the
> Babsonchart of economic
> indicators, which assessed current and
> predicted future business
> conditions. Although the Babsonchart has
> since proved to be an
> imperfect tool, through it Roger Babson
> earned the distinction of
> being the first financial forecaster to
> predict the stock-market crash of
> October, 1929, and the Great Depression
> that followed.
>
> If Roger got his theory from Newton where did Newton Get it from?
>
> Newtons theory came from the emerald tablet.
>
> http://www.mension.com/hermes3.htm
>
> The Emerald Tablet
> Isaac Newton
>
> 1.Tis true without lying, certain & most true.
> 2.That wch is below is like that wch is above & that wch is above is
> like yt wch is below to do ye miracles of one only
> thing.
> 3.And as all things have been & arose from one by ye mediation of one:
> so all things have their birth from this one thing by
> adaptation.
> 4.The Sun is its father, the moon its mother, the wind hath carried it
> in its belly, the earth its nourse.
> 5.The father of all perfection in ye whole world is here.
> 6.Its force or power is entire if it be converted into earth.
> 7.Seperate thou ye earth from ye fire, ye subtile from the gross sweetly
> wth great indoustry.
> 8.It ascends from ye earth to ye heaven & again it desends to ye earth
> and receives ye force of things superior & inferior.
> 9.By this means you shall have ye glory of ye whole world & thereby all
> obscurity shall fly from you. 10) Its force is above
> all force. ffor it vanquishes every subtile thing & penetrates every
> solid thing.
> 10.So was ye world created.
> 11.From this are & do come admirable adaptaions whereof ye means (Or
> process) is here in this.
> 12.Hence I am called Hermes Trismegist, having the three parts of ye
> philosophy of ye whole world.
> 13.That wch I have said of ye operation of ye Sun is accomplished & ended.
>
> Where did the Emerald tablet Come from?
> http://marlowe.wimsey.com/~rshand/streams/scripts/tablet.html
> The Emerald Tablet
>
> "The Tablet probably first appeared in the West in editions of the
> pseudo-Aristotelian Secretum Secretorum which was actually
> a translation of the Kitab Sirr al-Asar, a book of advice to kings which
> was translated into Latin by Johannes Hispalensis c.
> 1140 and by Philip of Tripoli c.1243. Other translations of the Tablet may
> have been made during the same period by Plato of
> Tivoli and Hugh of Santalla, perhaps from different sources.
> "The date of the Kitab Sirr al-Asar is uncertain, though c.800 has been
> suggested and it is not clear when the tablet became
> part of this work. Holmyard was the first to find another early Arabic
> version (Ruska found a 12th century recension claiming to
> have been dictated by Sergius of Nablus) in the Kitab Ustuqus al-Uss
> al-Thani (Second Book of the Elements of
> Foundation) attributed to Jabir."
> - Jon Marshall, "The Emerald Tablet of Hermes -History of the Tablet"
>
> 0) "Balinas mentions the engraving on the table in the hand of Hermes,
> which says:
> 1) Truth! Certainty! That in which there is no doubt!
> 2) That which is above is from that which is below, and that which is
> below is from that which is above, working
> the miracles of one.
> 3) As all things were from one.
> 4) Its father is the Sun and its mother the Moon.
> 5) The Earth carried it in her belly, and the Wind nourished it in her
> belly,
> 7) as Earth which shall become Fire.
> 7a) Feed the Earth from that which is subtle, with the greatest
> power.
> 8) It ascends from the earth to the heaven and becomes ruler over that
> which is above and that which is below.
> 14) And I have already explained the meaning of the whole of this in
> two of these books of mine."
> - From Jabir ibn Hayyan [Holmyard 1923]
>
> "Shortly after Ruska found another version appended to the Kitab Sirr
> al-Khaliqa wa San`at al-Tabi'a (Book of the Secret
> of Creation and the Art of Nature), which is also known as the Kitab
> Balaniyus al-Hakim fi'l-'Ilal (Book of Balinas the
> Wise on the Causes). It has been proposed that this book was written may
> have been written as early as 650, and was
> definitely finished by the Caliphate of al-Ma'mun (813-33)."
> - Jon Marshall, "The Emerald Tablet of Hermes -History of the Tablet"
>
> "0) Here is that which the priest Sagijus of Nabulus has dictated
> concerning the entrance of Balinas into the hidden
> chamber... After my entrance into the chamber, where the talisman was
> set up, I came up to an old man sitting on
> a golden throne, who was holding an emerald table in one hand. And
> behold the following - in Syriac, the
> primordial language- was written thereon:
> 1) Here (is) a true explanation, concerning which there can be no
doubt.
> 2) It attests: The above from the below, and the below from the above
> -the work of the miracle of the One.
> 3) And things have been from this primal substance through a single
> act. How wonderful is this work! It is the
> main (principle) of the world and is its maintainer.
> 4) Its father is the sun and its mother the moon; the
> 5) wind has borne it in its body, and the earth has nourished it.
> 6) the father of talisman and the protector of miracles
> 6a) whose powers are perfect, and whose lights are confirmed (?),
> 7) a fire that becomes earth.
> 7a) Separate the earth from the fire, so you will attain the
> subtle as more inherent than the gross, with care
> and sagacity.
> 8) It rises from earth to heaven, so as to draw the lights of the
> heights to itself, and descends to the earth; thus
> within it are the forces of the above and the below;
> 9) because the light of lights within it, thus does the darkness flee
> before it.
> 10) The force of forces, which overcomes every subtle thing and
> penetrates into everything gross.
> 11) The structure of the microcosm is in accordance with the structure
> of the macrocosm.
> 12) And accordingly proceed the knowledgeable.
> 13) And to this aspired Hermes, who was threefold graced with wisdom.
> 14) And this is his last book, which he concealed in the chamber."
> - Another Arabic Version (from the German of Ruska) [Anon 1985]
>
> "Scholars have seen similarities between this book and the Syriac Book of
> Treasures written by Job of Odessa (9th century)
> and more interestingly the Greek writings of the bishop Nemesius of Emesa
> in Syria from the mid fourth century. However
> though this suggests a possible Syriac source, none of these writings
> contain the tablet."
> - Jon Marshall, "The Emerald Tablet of Hermes -History of the Tablet"
>
> The Emerald Tablet came from Hermes. Who was Hermes?
> http://home.fireplug.net/~rshand/streams/scripts/hermes.html
> Hermes Trismegistus
>
> The Archaic Underground Tradition
>
> (1) Ancient Egyptian Tradition
>
> "In the ancient city of Annu (later called On in the Bible and Heliopolis
> by the Greeks) there was a great sacred pillar, itself
> named Annu - possibly before the city. This, we believe, was the great
> pillar of Lower Egypt and its counterpart in Upper
> Egypt at the time of unification was in the city of Nekheb. Later the city
> of Thebes, known then as 'Waset', had the title 'Iwnu
> Shema', which meant 'the Southern Pillar'."
> "The twin pillars of the Two Lands became the Pillars of Hermes and the
> attributes of the ancient Egyptian moon god Thoth
> became absorbed into Hermes...It was said that this god [Thoth] possessed
> all secret knowledge on 36,535 scrolls that were
> hidden under the heavenly vault (the sky) which could only be found by the
> worthy, who would use such knowledge for the
> benefit of mankind."
> - Christopher Knight & Robert Lomas, The Hiram Key: Pharaohs,
> Freemasons and the Discovery of the Secret
> Scrolls of Jesus
>
> The tradition of a secret doctrine of Thoth appears to be well established
> in Egypt:
> 1.) According to a papyrus dating to Dynasty 12 of the Old Kingdom:
>
> "Then [His Majesty] King Khufu, the vindicated, said: Now as for the
> rumor that you know the shrines of the
> secret chambers of the enclosure of [Thoth]? Dedi said: By your favor,
> I do not know their shrines, Sovereign, my
> lord, but I do know the place where they are. His Majesty said: Where
> are they? And Dedi said: There is a
> passage of flint in a chamber called the Inventory in Heliopolis in
> that passage."
> - "A Marvel in the Time of King Khufu Himself"
>
> 2.) A chapter in the Egyptian Book of the Dead, according to its rubric, is
> said to have been found at:
>
> "Shmun [Hermopolis] under the feet of the majesty of this sublime god
> [Thoth] upon a slab of upper Egyptian
> granite in the script of the god himself in the tomb of...Mycerinus,
> by Prince Hor-dedef. He found the spell when
> he was engaged in inspecting the temples."
> - The Egyptian Book of the Dead
>
> "Divine authorship elevates religious literature from present day
> existence; similarly, the accounts about the discovery of such
> works ascribe them to a more or less distant past. This exemplifies the
> tendency to emphasize the antiquity of sacred writings,
> which is particularly evident in the retention of ancient linguistic forms
> or the deliberate choice of archaistic expressions.
> Egyptians could also adopt the customs of bygone ages in their mode of
> writing."
> "There is a particle of truth in the statement of Clement of Alexandria
> that the Egyptians had forty-two sacred writings by
> Hermes (Thoth), in so far as these texts, which include geographical and
> medical works among others, constitute the entire
> range of material available for the education of priests. The reference to
> Thoth's authorship...is based on ancient tradition; the
> figure forty-two probably stems from the number of Egyptian nomes, and thus
> conveys the notion of completeness."
> - Siegfried Morenz, Egyptian Religion
>
> Regarding the "Pillars of Hermes" of "Seth" and of "Solomon"
> "In the 9th chapter of the [Egyptian] Ritual of the Dead they are referred
> to as the 'Pillars of Shu', the 'Pillars of the Gods of
> the Dawning Light', and also as 'the North and Southern Columns of the Gate
> of the Hall of Truth'. In the 125th chapter, they
> are represented by the sacred gateway, the door to which the aspirant is
> brought when he has completed the negative
> confession. The archaic pictures on the one Pillar are painted in black
> upon a white ground, and those on the other in white
> upon a black ground, in order to express the interchange and reconciliation
> of opposing forces and the eternal balance of light
> and darkness which give force to visible nature....The archaic
> illustrations are taken from vignettes of the 17th and 125th
> chapter of the Ritual of the Dead, the Egyptian Book of the 'Per-em-Hru' or
> the 'Book of Coming Forth into the Day', the
> oldest book in the world as yet discovered."
> "...The general design of the White Pillar is a pictorial synthesis of the
> gradual freeing of the soul from the body, left to be
> mummied and its union with Osiris, Lord and Judge of the Dead and of the
> resurrection, the sun in his rising....The Black Pillar
> symbolizes the pathway of darkness, the Negative Confession, as the White
> Pillar represents the Hymn to the Rising Sun, the
> Pathway of Light, and the Positive Confession."
> - G. H. Frater, "The Core of the Tradition"
> The Complete Golden Dawn System of Magic
>
> (2) Greek Accounts
>
> "Explaining the Egyptian pantheon of twelve gods to his countrymen, the
> Greek historian Herodotus also wrote of an 'Immortal
> whom the Egyptians venerated as "Hercules".' He traced the origins of the
> worship of this Immortal to Phoenicia, 'hearing that
> there was a temple of Hercules at that place, very highly venerated'. In
> the temple he saw two pillars. 'One was of pure gold;
> the other was as of emerald, shining with great brilliancy at night."
> - Zecharia Sitchin, The Stairway to Heaven
>
> "Plato's Timaeus and Critias state that about 560 BC in the temple of Neith
> at Sais there were secret halls containing historical
> records which had been kept for more the 9,000 years. Proclus gives the
> name of the high priest with whom Plato spoke in
> Sais - Pateneit. It is probably from him that the Greek philosopher learned
> about the oldest archives of Egypt. Another
> interesting fact to notice is that the high priest of Egypt Psonchis,
> teacher of Pythagoras, also mentioned sacred registers which
> even speak of a collision of the Earth with a giant asteroid in a remote
> past."
> - Andrew Tomas, On the Shores of Endless Worlds
>
> "Greek philosophy and Egyptian lore really came together at the time of the
> Lagides, who gradually made Alexandria the
> intellectual, scientific, philosophic and religious center of the
> Hellenistic world....Manetho [his hieroglyphic name meant 'Gift of
> Thoth'], the Egyptian priest of Heliopolis, was also famous for translating
> the mysteries into Greek. He lived during the final
> years of the fourth and first half of the third centuries B.C. in the reign
> of the last two Ptolemies."
> - Murray Hope, Practical Egyptian Magic
>
> "Manetho extracted his history from certain pillars which he discovered in
> Egypt, whereon inscriptions had been made by
> Thoth, or the first Mercury [or Hermes], in the sacred letters and dialect;
> but which were after the flood translated from that
> dialect into the Greek tongue, and laid up in the private recesses the
> Egyptian Temples. These pillars were found in
> subterranean caverns, near Thebes and beyond the Nile, not far from the
> sounding statue of Memnon, in a place called
> Syringes; which are described to be certain winding apartments underground;
> made, it is said, by those who were skilled in
> ancient rites; who, foreseeing the coming of the Deluge, and fearing lest
> the memory of their ceremonies be obliterated, built and
> contrived vaults, dug with vast labor, in several places."
> - General Albert Pike, Morals and Dogma
>
> Hermes Trismegistus "invented many things necessary for the uses of life,
> and gave them suitable names; he taught men how to
> write down their thoughts and arrange their speech; he instituted the
> ceremonies to be observed in the worship of each of the
> Gods; he observed the course of the stars; he invented music, the different
> bodily exercises, arithmetic, medicine, the art of
> working in metals, the lyre with three strings; he regulated the three
> tones of the voice, the sharp, taken from autumn, the grave
> from winter, and the middle from spring, there being then but three
> seasons. It was he who taught the Greeks the mode of
> interpreting terms and things, when they gave him the name of [Hermes],
> which signifies Interpreter.
> "In Egypt he instituted hieroglyphics: he selected a certain number of
> persons whom he judged fitted to be the depositories of
> his secrets, of such only as were capable at attaining the throne and the
> first offices in the Mysteries, he united them in a body,
> created them Priests of the Living God, instructed them in the sciences and
> arts, and explained to them the symbols by which
> they were veiled."
> - General Albert Pike, Morals and Dogma
>
> "...The so-called Hermetic literature...is a series of papyri describing
> various induction procedures...In one of them, there is a
> dialogue called the Asclepius (after the Greek god of healing) that
> describes the art of imprisoning the souls of demons or of
> angel in statues with the help of herbs, gems and odors, such that the
> statue could speak and prophesy. In other papyri, there
> are still other recipes for constructing such images and animating them,
> such as when images are to be hollow so as to enclose a
> magic name inscribed on gold leaf."
> - Julian Jaynes, The Origin of Consciousness in the Breakdown of the
> Bicameral Mind
>
> "The Vision is the most famous of all the Hermetic fragments, and contains
> an exposition of Hermetic cosmogony and the
> secret sciences of the Egyptians regarding the culture and unfoldment of
> the human soul. For some time it was erroneously
> called 'The Genesis of Enoch', but that mistake has now been rectified."
> - Manly P. Hall, Masonic, Hermetic, Quabbalistic & Rosicrucian
> Symbolical Philosophy
>
> "The Neoplatonics believed in a world spirit, and that one could coax the
> spirit into matter through the use of the soul, which
> was located midway between spirit and matter. This use of the soul is what
> is known as magic. Augustine was revulsed by this
> practice and strongly admonished Hermes for practicing such magic."
> - Gerry Rose ,"The Venetian Takeover of England and Its Creation of
> Freemasonry"
>
> "The Trismegistus, then, came under the influence of the early Christian
> Gnostics, many of whom adopted large chunks of it in
> defense of their 'heresies'. The most notable of these was Basilides, whom
> the great psychologist Carl Jung believed to be either
> a fragment of his own group soul guiding him in trance
> >
> >>Phillip
> >>I sold today, the X is why after other things telling me
> >>a strong down move is likely
> >
> >
> >Where are these lines drawn from and why ?
> >Are they Babson lines ?
> >
> >
> >
> >
At 06:35 AM 7/26/98 -0500, Mark&TC wrote:
>The reality of the matter is that the "Market" which doesn't exist as an
>entity like a separate "thing" from us, "we", "us'ums" are the "Market".
>The Market is a "Conversation"....a human conversation...we create it every
>time someone says something and someone listens. And we make it reality
>very time two people say I will buy at this price and someone else says
>I'll sell at that price....a market is made. Listening to a particular
>business radio station in southern California, there were numerous soothe
>sayers bring into existence the possibility of a turn in the direction of
>the market conversation, some where around July 20-21. All of the
>listeners, excepted that created possibility and made it real...I pick up
>the phone or type on my computer and have a conversation with my
>broker...my broker has a conversation with the person at the trading
>desk....the trading desk person has a conversation with the pit
>runner....the pit runner has a conversation with the trader in the
>pit....the pit trader has a conversation another traders, etc., etc., etc.,
>and the conversation continues.
>
>The "CRASH" is a conversation, we will bring it into and make it a reality.
>
>Mark
>
>| In a message dated 7/25/98 3:57:13 PM Eastern Daylight Time,
>| RJones2279@xxxxxxx writes:
>|
>| <<
>| - someone is always talking about a crash; someone is therefore bound
>to be
>| right at some point, >>
>
>
>
|