Bill Meridian on Eclipses

Bill Meridian is a famous financial astrologer. Robert W. Colby, America’s foremost expert on technical analysis, wrote that Bill is “an internationally renowned financial researcher, fund manager, and designer of analytical software, including the first program developed for researching the correlation between time series data and cycles.”

In the following series of videos, he explains the predictive power of solar and lunar eclipses in mundane affairs. He used the natal charts of many different famous people in history to demonstrate his point. This is highly recommended if you are interested in mundane astrology.

Sepharial’s Stock & Share Key

Below are the summaries and examples of Sepharial’s Stock & Share Key. The content is expanded and rearranged to make it easier to read. Many examples and diagrams are not included in the original article.

The Great Deacon

[The following passage is an excerpt from Reminiscences of a Stock Operator (Lefèvre, 1923), a fictionalised biography of the legendary speculator Jesse Lauriston Livermore (1877-1940).]

I remember a story I heard about Deacon S. V. White when he was one of the big operators of the Street. He was a very fine old man, clever as they make them, and brave. He did some wonderful things in his day, from all I’ve heard.

A Song of Bulls and Bears

In a land very far away, there is a divided kingdom called the Market. Always ongoing in the country is a civil war between the North and the South. The Northerners are known as the Bears, and the Southerners the Bulls. A horizontal border separates the two sides, and it is known as the Price. Every day, the Bears try to push the Price south, and the Bulls want it to go north. As a result, the Price keeps going up and down every day.

Costa Bolsa

Some people asked me if I can write a little parable which explains the workings of the stock market to complete strangers who have never bought or sold any shares or derivatives in their lives. The short story below, entitled Costa Bolsa, is my attempt at meeting this challenge. I am by no mean the first person in the world to write similar tales, but I hope it is still educational to those who want to know more about the financial world.

The Mississipi Bubble

John Law (1671-1729) was a famous Scottish economist who originated economic ideas such as the real bills doctrine. Outside of the academic world, he was an equally impressive man. He was a brilliant gambler with a great calculating ability, which allowed him to win cards games across Europe for a living. In addition to that, he also killed a man in a duel, and enjoyed what one biographer called “extraordinary success with the opposite sex”. However, his most well-known achievement was his effect on the French economy when he was effectively the central banker of the country (Murphy, 1997).

The Natural Law

[The following is a famous interview of legendary market forcaster W. D. Gann by another famous stock market legend Richard Wyckoff in 1909. In this interview, without uncovering his exact method, Gann revealed some principles underlying his stunning predictions.]

Sometime ago the attention of this magazine was attracted by certain long pull Stock Market predictions which were being made by William D. Gann. In a large number of cases Mr. Gann gave us, in advance, the exact points at which certain stocks and commodities would sell, together with prices close to the then prevailing figures which would not be touched.

Overhead Supply

The best time to buy shares in the market is when the supply of shares begins to dwindle. In laymen terms, it is a time when the sellers have done their selling and starts to disappear. As soon as there are no more people selling the shares, the price will be free from a burden of supply and ready to go higher.

Buy at New High

[The following passage is an excerpt from Reminiscences of a Stock Operator (Lefèvre, 1923), a fictionalised biography of the legendary speculator Jesse Lauriston Livermore (1877-1940).]

When a man makes his play in a commodity market he must not permit himself set opinions. He must have an open mind and flexibility. It is not wise to disregard the message of the tape, no matter what your opinion of crop conditions or of the probable demand may be. I recall how I missed a big play just by trying to anticipate the starting signal. I felt so sure of conditions that I thought it was not necessary to wait for the line of least resistance to define itself. I even thought I might help it arrive, because it looked as if it merely needed a little assistance. 

Seven Primers

Many people want to speculate successfully in the stock market, but most of them do no know where to start. In view of this, the writer decides to share his list of top ten books which are a must-read for all inspiring growth investors or momentum traders. The list is in ascending order of beginner-friendliness so that the first few books are the least technical and easiest for people with no experience to understand.

My Trading Method (Part 4)

The following is the final part of an article series which details my method of operating in the stock market. Click here for the first part (on selection), here for the second part (on initial entry and its sizing) and here for the third part (on taking profits). In the final part of this series, it deals with pyramiding.

My Trading Method (Part 3)

The following is the third part of an article series which details my method of operating in the stock market. Click here for the first part (on selection) and here for the second part (on initial entry and its sizing). In the third part of this series, it deals with taking profits.

My Trading Method (Part 2)

The following is the second part of an article series which details my method of operating in the stock market. Click here for the first part, which deals with the selection of possible candidates in the watchlist. In the second part of the series, it discusses initial entry, position sizing, and portfolio allocation.

My Trading Method (Part 1)

My purpose of writing this series of posts is to lay out my method of operating in the stock market. This process outlined here is by no mean an original creation of my own. Rather, it is a synthesis of many different ideas which I have learnt from other great investors in the past, after many painful years of trial and error. For this reason, I have decided to release the information contained herein for free.

The Great Paradox

It is an adage in the stock market that you should “buy low, sell high”. It sounds very logical to most people. After all, the most natural way to make money is to purchase a good at the moderate price and sell it to someone else at a margin. However, what everyone knows isn’t worth knowing and what everyone does isn’t worth doing. Some experienced investors do not consider it the best way to make money in the stock market, and even think that it could be a recipe for disaster.

On Charting

When it comes to technical analysis, there are two extreme schools of thoughts. The first group are the pure technicians, who regard fundamentals as unnecessary information that is ultimately discounted in a stock’s share price. The other group are the pure fundamentalists who only believe in data in the balance sheet and disdain chart analysis as something akin to reading tea leaves. In my opinion, price charts are very useful, but they are not as magically predictive as some chartists claim.

Cutting Losses

Itzhak Ben-David is a prominent economist in the United States. In 2012, he co-authored a ground-breaking paper, which was titled “Are Investors Really Reluctant to Realize their Losses? Trading responses to past returns and the disposition effect” (Ben-David & Hirshleifer, 2012). As the title suggests, it studies how retail investors to enter and exit as their positions develop.

The Price Cycle

Richard Wyckoff is one of the most famous traders and analysts in the stock market. He invented many ground-breaking concepts in technical analysis which still remain valid today. One of his greatest contributions is his analysis in the different stages of the market. According to his work (e.g. Wyckoff, 1931), the share price of a company usually goes through four stages. Each stage has different characteristics in terms of fundamental and technical behaviours, and should be handled differently as a result.

Magic T Theory

The T Theory is a method of analysis in the stock market. It was developed by former U.S. Marine Corps Terrence H. Laundry, and is highly endorsed by famous trader Martin S. Schwartz. The basic premise of the theory is that, if the market just spent six months going sideways before hitting a low, then the theory predicts that it will go up from there for 6 months. Therefore, if you can measure the time of the previous correction, you will have a good idea when the current trend will end.

Macro Always Wins

In the early twentieth century, there was a very large global conglomerate in the United States. It had various businesses in a number of countries, including coffee plantations in Guatemala, hydroelectric plants in Bolivia, banks in Peru, steamship lines around the world plus a large export business. This conglomerate was a favourite company of many investors because of a number of things. Firstly, it had a fine diversification of business around the world; secondly, its directors were some of the wealthiest and ablest financiers in the United States; and most importantly, the company always paid its quarterly dividends.