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Another message from Brad Stewart...
(Moderators...please advise if you think this thread is getting to be
too much. A few of the comments I've received want to cut this
off....and others just love it.
Andre
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Dear Mr. Cowan,
I find it strange that you consider $3,600 to be an expensive price for
an
education of the level contained in Baumring's Courses. I am sure you
have
spent far more than this on your education, and are aware that most
universities these days charge over $20,000 per year for a standardized
education that has very little practical value or applicative relevance.
Most college students enter the work place finding it difficult to
obtain a
job due to their lack of experience even after spending over $50-80K on
their education, and most of them come out with very little knowledge,
and
with nothing that cannot be purchased at any public bookstore. The
course
work covered in the Baumring teachings is equivalent to a Ph.D. level
education, and covers more topics and fields than any university program
I
have ever seen. This sounds cheap to me, and I know that most traders
have
lost much more than this in their uneducated attempts at market trading.
Even Gann charged $5,000 in 1939 for his #3 Master Forecasting Course,
an
equivalent to $50,000 in today's dollars, and one can obtain this
material
today for a few hundred dollars. It strikes me that the world today is
suffering a crisis of value, when people are unwilling to invest as much
in
their education as the poorest person invests in his automobile.
To answer your question regarding Wendy Baumring's "need" for the money
from
the notebooks, she does not "need" it. Wendy has all the money she
"needs"
to take care of herself for the remainder of her life. Might we ask you
with all of your trading "expertise" why you "need" the money from your
books, or why you "need" to appropriate material from other original
sources
such as the Gann material you copied from Lambert-Gann and from the
Investment Centre in order to sell for your own profit, when you are
already
so rich from your own million dollar trades? Wendy Baumring's royalties
are
her legal rights as are the royalties from your books your rights, which
you
make so clear in requiring everyone to sign a non-disclosure agreement
at
risk of financial and legal penalty in order to obtain your books.
The material posted on my website has been posted there for over 6
months
and the selections were not in any way chosen with you in mind, hence it
is
strangely coincidental that even those few sample pages happen to cover
information which you claim Baumring never taught or mentioned to
anyone.
The listing of the contents of the Seminars should be very useful in
helping
people to verify the topics Baumring did or did not discuss, and the
reading
list containing, for example, numerous works on planetary cycles which
you
say Baumring never discussed, is clear evidence of the points we are
discussing. Whether this can be considered an "infomercial", I wonder,
particularly considering that I was drawn into this discussion through
your
own comments promoting your own work, the like of which I have heard
exist
in several places on the Internet, so I suppose you are qualified to
judge
its "infomercial" status.
As to whether Greg Ruff was ever a student of or worked with Cowan,
anyone
interested would have to ask Greg himself, though I think I know what
his
answer will be, and it will probably not be affirmative. I have
experienced
frustrating engagements with Greg of the same sort that I have
experienced
with Cowan, and have always attempted to openly work out whatever
differences arose between either of them privately, which I have done in
the
past with both of them. My personal comments to Cowan regarding Greg
which
accompanied the opinion letter posted earlier were never intended to be
shared publicly, that was Cowan's choice for his own reasons. As I have
said about Cowan's work, I think Greg Ruff's work is of value to the
serious
student, even though I don't agree with all of his methods of
presentation
as I have disagreed with Cowan's. I do respect Greg for at least giving
credit to his sources and his teacher, Baumring, something I for years
now
been at odds with in Cowan's case. I truly don't understand what gets
into
everyone when they decide to take the public stage, I can only chalk it
up
to ego. It is much simpler and smarter to be direct and clear about the
facts one presents to the world so as to avoid difficulties the like of
which Cowan has experienced in these and other discussions.
I must admit that it is my preference to engage philosophers and
scientists
over traders, as they are generally motivated by their quest for wisdom
rather than their quest for dollars. My experience has been that there
is
generally a much greater sense of respect and integrity evinced by those
whose goal is not financially orientated. As the Bible says, "The love
of
money is the root of all evil." Those who have read the correspondences
in
this discussion will understand exactly what I mean, as demonstrated by
the
slanderous and hostile comments and feelings propagated by those who
claim
to be the "teachers" and "masters" of this field of study. Imagine how
you
would feel about statements such as we have seen here if they came out
of
the mouth of a Buddha, Christ or Einstein, and you will understand why I
have never until now engaged in any such discussions. I propose we have
an
end to this discussion, as the parties involved seem to have left our
original topic in deference to whatever negativity they are able to find
about anyone even if not in any way pertaining to the topic.
I wish anyone seeking understanding of any kind success in their quest.
Brad Stewart
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