" lt one way be better than another, that you may be sure
"
My understanding ol Gann has
exploded in the past monlh, and that
makes this first issue of 1988, the
most exciting newsletter I have ever
written.
Markets are created in two
dimensions; time and price.
Both are equally important. But at
certain points time overrides price.
Therefore, certain conclusions can
be made about time, independently
ol price.
The bulk of this letter focuses on
time, because timing is the most
critical lactor to moving successlully
in markels. Powerful argumenls for
both inllation and deflation exist.
Both can be right over time, but
usually one or the other dominates
in specilic lime frames. That is what
I expect of 1 9BB. Huge moves where
now deflation rages, and now infla-
tion.
lf you look at past price charts,
you will see that only a few dates
dominate per month. So the lirst task
I undertake is lo reduce 20 potential-
ly hazardous days of decision to 2 or
3 per month. I do this by reducing
raw data lrom Gann into pattems of
time, which are generally related to
the solar clock of the change ol
seasons.
The process is somewhat
laborious, but the conclusions are
simple and straight forward. Certain
times are more pregnant than
others. One is alerted fully a month
ahead of time, as to which times are
is Nature's way.
the most potential. lf price
parameters are right in a right time
parameter, one is ready to move.
But about price, it is much more
difficult to make intelligent state-
menls that will still seem intelligent
in a month's time. That is the nature
of commodities. lt is important to try
to isolate the "natural" vibration of
lhe commodity that interests you,
and Gann is of immense help here.
The Oct 19 crash is a taste of
what we are in lor in price. The
market can discount fundamentals
in minutes. The market can move
so deeply in a single day that the ex-
pectation and lhe event occur simul-
laneously! We will see a LOT more
ol that in 1988. "Systems" are going
lo have a devilof a time in 1988.
One must have a methodology
in place to deal with changing
markets. Markets ARE changing
with computers and systems. I do a
VERY DETAILED study of the dates
such events are likely lo occur, so
that I am very clear about when price
behavior is more likely to be at an
exlreme.
When price appear to be at an ex-
treme, I run several Computrac
programs to measure EXACTLY
"how" extreme that exlremity was. I
apply Andrew's techniques, and the
Gann nalural number sequences,
plus the Ganntrader. lf enough
evidence lines up, a commitment is
made.
ARTSTOTLE (384 -322 BC)
A prolessionaltrader does nol
have an attitude problem. lt is com-
pletely irrelevant lo him whether he
buys or sells a given commodity on
a given day. He goeswith the market
when the evidence, to him, is over-
whelming. He has been humbled
enough times to know, that what he
personally wants to happen is total-
ly irrelevant.
Sound methodologies are ab-
solutely essential, because many
crazy things are going to happen in
19BB. "We believe 19BB is shaping
up to be one ot the most sig-
niticant years of the 20th cen-
tury." That is from Ray Merriman.
(Cycles Report, Box 1074, Birmin-
gham, Ml 48012). Ray does solid
geocosmic work. One doesn't need
to look deeply into lundamentals to
see the forces that are building up,
and preparing to unleash.
Read this issue with great care.
Every number you will see is sig-
nificant. Numbers have lheir own
"natural" sequences and properties,
and , if you can discover lhem, and
move in harmony with lhem, it gives
you an entirely different sextant,
lrom which to take market bearings.
First relax deeply. Get into a quiet
inner space. Proceed slowly. Other
wise these are just words, and we
are already plagued with too many
words.
Good luck and Good trading!
1/*,
/Y" I

HOW TO USE THE
GLOBALTIMES.
1) EIIiott Wave Theorists - look
for wave counts to work themselves
out on EXACT Gann days, as a con-
firmation of signilicant turning
points.
2) Computrac Users, elc. - on
exacl Gann days run severalstudies
to help deline il the market is at an
"extreme". My own lavorite study is
the "detrend" which plots a moving
average (l use the 10 day and 2
month separately) as a straight line,
and measures the distance the
market travels lrom the moving
average. I got the insight ol the value
ol this approach lrom Drummond's
Point & Line charting. ("How to Make
Money in the Futures Market", Ghas
Drummond, Box 985 St. Q., Toron-
to, Canada, M4T 2P1).
3) Ganntrader I Users - The
monthly "aspectarian" I produce is
the perfect companion for Gan-
ntrader lfor it tells you what squares
to use lrom what dates, and you can
quickly visually see how much ener-
gy that square is emitting to that
market and which angle lines are
signilicant. lf your Ganntrader has
been gathering dust through f rustra-
lion, it usually means you weren't
focused in the right place. (Gan-
nsoft, 11670 Riverbend Dr., Leaven-
worth, WA 98826)
4) Andrews Students - While
Andrews lechniques combine time
and price, lhe timing is still diflicult.
Plotting Median lines and A/R lines
on Gann dates gives a sharper
focus. (Reinhart I M, Suite 210,125A
Oakmean Pkwy, Silicon Valley, CA
94088)
5) Wyckoff students - The Wyck-
off material is brilliant. Look lor the
significant points (Such as "last point
of supply", "jump across the creek",
etc.) to occur on very exact Gann
days, and increase your confidence
on the validity ol the signal il it oc-
curs on a critical day. (SMl, 715 Sier-
ra Vista Dr., Phoenix, Ariz 850'14)
6) Cycle Analysts - the greatest
weakness of cycles is the plus or
minus 10 "/" variability in timing.
Gann is very exact, usually within a
day ol signilicant pivots. Cyclic ex-
pectations can be merged with the
MORE SIGNIFICANT Gann points
in time.
7) Option players- Buying options
only makes sense if a MAJOR move
is in the ofling. Otherwise the time
erosion ol options eats you alive.
Look lor MAJOR aspects lo square
out to purchase options, especially
in lhe commodities that appearto be
"ready to go" around equinox's and
solstices. The rest ol the time, stay
oul, or use a sophisticaled option
writing program.
8) Day traders - look for sharp
movements on the Gann days.
"Market prolile" patterns should
occur on these days. That means,
you have a much higher chance of
getting in WITH THE TREND, and
the market will move enough to let
you out on the same day, with a
profit. Especially on Mondays!
9) Position traders - position only
on major working out ol the
dominant squares. When several
occur within a f ew days, the odds in-
crease dramatically that a major
shift is in process and a significant
move will result. Waiting forconfirm-
ing news is a sure way to miss the
move. You need to be able to an-
ticipate lhe news and position pure-
ly on technical considerations.
10) Farmers and grain elevator
operators - acquire and dispose of
your inventory with the same at-
titude of the position trader. That
means conf ining pricing decisions to
one or two days per month, when
major Gann aspects are squaring
out. lt will eliminate a lot of luzzy
decisions.
INTER-RELATED'IESS
Rememberthatthe market is one
big ball of wax, and what happens in
one market aflects the others. That
is why I have placed the lirst live
groups ol commodities together;
bonds, stocks, the US Dollar, gold
and the CRB lndex. Think of it as 5
parts of one big market. Large fun-
damental lorces causing a radical
shift in one, will affect the condition
of allthe others, AND THEY REACT
SWIFTLY.
The same holds true for many
Gann squares. Each market has a
uniqueness, but many share the
same squares. A good example is
gold and bonds. All markets will
vibrate off every major square com-
ing lrom Oct 19 lor the next lew
years. Watch them all.
Remember to always place
more emphasis on what I say about
TIME than what I say about PRICE.
We are going to see more deep
one day corrections in 1988. Espe-
cially watch Jan 18. The square ol 9
chart is powedulon such days, as is
the Computrac detrend. Watch my
January dates and these tools on
those days, and you will see what I
mean.
The next thing, is that I see very
massive shifts in MOST markets
very shortly after the winter solstice
(Dec 23). lt should create HUGE
MOVES, that I see climaxing on Feb
17. More on Feb 17 next
month...For the record, I see bonds
UP, Stocks UP or DOWN, gold
DOWN, US Dollar UP, CRB lndex
UP or DOWN and grains and live-
stock UP. But remember that TIME
overbalances PRICE on CRITICAL
DAYS!
BONDS
Fundamentals
Bullish The stock market crash
suggests a recession which would
curb demand for loans. Hence the
enormous rally. lf a recession
develops, bonds have MUCH higher
to go.
Bearish The fundamentally
weak US Dollar creates pressure on
interesl rates to compensate lor cur-
rency losses. The crisis almosphere
of the dollar forces interest rates

1- JLINE '88 T BONDS
higher. WATCH THE DOLLAR
AROUND THE EQUINOX!
Technicals
On Oct 19the bond market ex-
ploded upward in knee jerk reaction
to the dellationary implications o{ the
stock market crash. There was no
time to think. Either one saw the im-
plication of the crash or one didnl.
See the Nov 1 issue of The Global
Times to see why il happened on
Oct 19.
Get Oct 19 very firmly fixed in
76 which falls on Sunday, Jan 3. lt is
your brain, for it is THE MOST lM-
the prime reason why bonds should
PORTANT DAY of 1987, from which
GAP into 1988.
to measure time lor the NEXT TWO
YEARS, IN EVERY COMMODITY!
That is attested to by the quantity of
blood letting that day. A lot of the
brothers faced total ruin, and it burns
deeply into the consciousness.
Look at the chart and you will
see two important highs in Novem-
ber. Now see where they fallon the
square of 144. The Nov 6 high was
the 18th day, and the Nov 24 high
was the 36th day, the 1/8th and 114
divisions of that square. Next watch
the 72nd day (Dec 30). The square
o1144 is alive and well!
that square of 76 (see Dec issue of
?gi0
9di5
94ffi
I td5
0?i0
8d95
84d0
8225
79?0
7755
/520
7tr4c
, .UJ
PROJECTED BOND PIVOTS
Look at the Dec 10 break. lt oc-
curred on the 52nd day from the
crash. lt was the 17 billion US trade
deficit ligure that triggered this
move. Fundamentals happen on
exact Gann days. The square of 52
is alive and well! Watch the second
square of 52 on Jan 31 , 1 988.
Especially watch the square of
The natural vibration of price
appears to be 24, a numberthat one
constantly runs into. The drop from
contract high to conlract lowwas just
under 24 points ($24,000), so that
one can break the price into 4
naturaldivisions of 600 points.
FORECAST
The 3 most important days in
Bonds in January, 1988 are Jan 4,
Jan 18 and Jan 29.
1) On Jan 3, a Sunday, we have
THE GLOBAL TIMES) that has
dominated bonds in 1987, squaring
out. The completion of that square
should bring powerful energy into
ALL MARKETS on Monday, Jan 4.
2) The next significant pivot should
occur Jan 18 as several squares
come in on the weekend (see the
aspectarian).
3) Then look to a very extreme
close on Friday, January 29 as no
less than 4 squares occur on Jan 31 .
It should cause a very important
pivot on Feb. 1.ln such a situation,
where several squares occur on the
weekend, ALWAYS assume that
strength on a Friday will cause
MORE STRENGTH on the lollowing
Monday. lf January is up, as I
suspect, look for a signilicant
CLIMAX the {irst day of February.
A NOfE...Astro-physical
evidence suggests a climactic en-
vironment in MID-FEBRUARY, and
my Gann material CONFIRMS
MAJOR SIGNIFICANCE ON FEB
17. lt could be FINAL CLIMAX in
many markets. More in the next let-
ter.."
I will assume the trend out of
the equinox is capable of being sus-
tained into mid-February.
S&P INDEX
Fundamentals
Bullish- The economy SO FAR
has only slowed marginally.
Bearish - Total debt to GNP
remains at untenable levels and this
willcreate instability untilthat debt is
more closely aligned with the value
of the underlying earning power.
$150 billion fiscal de{icit plus $150
trade deficit, plus a recession com-
ing equals a mess of red ink. The
stock market is rightly worried.
Are we going to have a depres-
sion? My own opinion is yes. How
can one have another opinion when
the problem is that spending must
contract by $SOO billion? But it will be
very confusing, because some sec-
torswill boom, and likely inflationwill
flare when deflation produces politi-
cal alternatives. The last depression
will not be a good guide.
Technicals
This is a difficult market to quan-
tily technically, because the Oct 19
crash likely represents a 60 year ex-
treme and augurs in a new era. lt can
stay in a trading range for several
months. 19BB will be the year when
{he reality of our collective irrespon-
sibilities are focused upon, and one
can hardly get enthusiastic about
the stock market if one knows some-
thing of economics.
PRICE
Since the S&P gapped exactly
al 270 and hit 't8l on the low, a
natural division for the S&P is
divisions of 45 (like July corn and
Feb gold!).
FORECAST
lf a major transition occurs, it
should happen out of the winter
solstice. See bonds because the
same squares are at work in almost
all the markets. lf bonds go into a
bull, that should leave stocks in a
bear market into 1988. Look for a
GAP on Jan 4, either way.
Minor pivots occur Jan 7 and
Jan 14. Seyeral squares come in the
week of Jan 22, and the way they are
spread out suggests volatility. I think
the close on Dec 31 will decide the
direction for January. WHEN lN
DOUBT, STAY OUT!
A very powerful close should
occur on Jan 29 culminating in a
climax on Feb 1.
GOLD
Fundamentals
Bullish - a deteriorating US Dol-
lar has inflationary implications. A
resort to easy money to come out of
the current crisis of debt would
cause inflation.
Bearish - The stock maftet
crash suggests inherent def lation in
the economy, and gold is divorced
from the monetary system. ln a
depression, the fear is a resort to in-
flation, but the current reality, is that
people eat food, not gold, when
things get difficult. So gold can be
moved by powerfuldeflationary for-
ces before an inflationary option be-
comes politically viable. This is my
PROJECTED GOLD PIVOTS
20 high. The volatility of the past f ew
weeks is more reminiscent of dis-
tribution than of accumulation. The
deep sell off of Dec 17 occurred at 1
1/2 squares of 90 {rom Aug 4 top. I
would assume that more tesling of
supply around the equinox, or short-
ly thereafter can set up the makings
ol a powerful bear move as 19BB
begins. The proper approach is
to GO WITH WEAKNESS ON.Dec
30 and 31, as there should be
powerful follow through of trends
into the first half of January.
PRICE
Feb gold has a range of $132,
or almost '135. Since Feb gold has
had a high of 510, and has general-
ly held $45 below that, one can
break this contract into 3 nice
divisions of $45.00 (112o190). Thus
breaking below $465 would give a
"natural" objective of $420 at the
bottom of the second division. The
next natural support would be
$375.00.
FORECAST
The market will GAP into 19BB
run sharply, especially if it is
. A minor pivot should be
ormed on Jan 8., but the time of a
nificant pivot should occur about
18, as 5 squares complete in
weekend period. lt should be
QUITE IMPORTANT.

A minor pivot should occur on

ly bearings off Jan 25, and a more important pivot
the gold on Feb. 1 as 3 squares complete on
market is AC- Jan 31.
UALLY
CRB INDEX
Technicals
In 1987 al-
Fundamentals
t all the Bullish-Crashing US Dollarhas in-
najor pivots
n gold were f lationary implications.
P POSITE
onds. Ex- Bearish - Money supply is again
ect that contracting dangerously, as the
lationshipto economy appears overwhelmed by
nue. inherent def lation.

The Dec PRICE

14 high was 4 The range of the Dec CRB
squares of 52 lndex is 36, so that gives 3 natural
from the May divisions of '12. That means watch-
2 -JUNE'88 GOLD ing the square ot 144 in it's divisions
of 12 once this range is exceeded.
The objective as per Wyckoff would
be a move of 36 points ($18,000),
once inf lation or dellation moves lull
tilt, for a total movement of 72 or 1 /2
ot 144.
FORECAST
My outlook is mixed, for I see me-
tals bearishly and grains and live-
stock bullishly.
Watch Jan 7 as it is the end of the
second square ol 144 from March
25, and Jan 6 is the 3rd square of 52
from Jan 6. A Jan 7 extreme can
pivot the lollowing Monday, Jan 11,
as the 2/3rds of 360 squares on Jan
10.
Then watch Jan 18, as Jan 17, a
Sunday, is 90 off the Oct 19 mas-
sacre. (Watch this in all markets...)
Look for the next signif icant pivot
to be on Feb. 1, as the square of 52
catches the October 19 high (two
squares out);plus a second square
of 90 from Aug 3 to add zing.
U S DOLLAR INDEX
The outlook for the US Dollar
has MAJOR implications for ALL
commodities. The fundamenlals on
the US Dollar are bearish, and I per-
sonally have no idea how the US is
going to balance it's books. ln fact,
in the next few years, the red ink will
likely double and triple as the
economy contracts severely.
But I also know that the dollar has
been falling for 2 years and dis-
counted a lot of bearishness, and
the dollar will already be a long way
up before dullards as myself have
Iigured out why. Watch the solstice,
as the dollar has made severalturns
already around this time frame.
See
the
aspec
tarian
the sig
nif ican
points PROJECTED CATTLE PIVOTS
market, or heavy chop (So far it's
SW/SS FRANC chop!) which will linally appear as
FORECAST accumulation in a wild market. But
1) Jan 4 should be a GAP. We
the issue should be resolved on
Dec. 31, the anniversary of last
have a 120 from Sep 3 on Jan 1, a
year's low. From Dec. 26 no more
144 from Aug 11 on Jan 2 plus the
strong days appear, until Dec. 31,
76lrom Oct 19.
when I have no less than four points
2) Jan 14 - a square of 52 f rom Aug
in time f rom the past focusing on this
11 (3 squares) and Oct 1 (2 squares)
day. So Dec. 31 should be a very
hits today. powerful day of over 100 points, and
3) Jan 18 - This day should cul-
the close on this day should mark
minate several squares; a square of the direction in which the market
52 from May 1 (5 squares ago), and should GAP on Jan 4, and the
the square of 90 from Ocl22 which generaltrend through the month o{
also includes the Sep 3 low at 1 1/2 January.
squares (135 days).
4) Jan 26- Square ol270lrom Oct
PRICE
1 and a square of 144 the previous
The seasonal drop in prices
day from Sep 3.
was EXAOTLY 900 points, or
5) Feb 1 - on the weekend before
$3,600!
the square of 120 from Oct'1 and the
2nd square of 52 from Oct 19.
FORECAST
The lirst thing to note, about the
Gann aspects for January, is that
CATTLE they are more di{fused than in the
hogs. ln other words, the dates are
Fundamentals not as bunched and about half the
Bullish - Live cattle supplies should days have some aspect coming in.
be down 4 % in 19BB So the dates I give are likely NOT as
- We are in a seasonaltime reliable as in the hogs. ln such a cir-
of strength. cumstance, it makes a lot of sense
to run a program like Computrac,
Bearish - A recession would hurt
demand. sell when one is a set distance
- Heavier supplies ol other above a 10 day moving average,
meats will and buy on days when one sees
hurt demand.
Technicals
An in
credible
amou nt of
dates line
with high
energy day
almost
day from
14lo Dec.24
and at lhis
point, I do not
know whet
that means a
directional
3 - JUNE '88 LIVE CATTLE
support at a preset levelbelow or at
that moving average.
For Ganntrader users, run allthe
squares from the January aspec-
tarian to identify which squares are
in power. And if you are conlusedt it
is really simple, STAY OUT!
FORECAST
Jan 4) Cattle should start the first
trading day of 1 988 with a banE, and
the bang should be UP. Look at this
4 tne ruov 3 low to Dec 4 low is 31
days to Jan 4 is 31 days
ii) The Oct 13 high to Nov 23 high
is 41 days to Jan 3 is 41 days. So we
have mirror dates from highs and
iows focusing into the same time
frame.
iii) Jan 3 is the second square of
52 {rom the Sep 21 contract high.
Because the dates in the
January aspectarian are so inter-
spersed, and seasonally we should
expect STRENGTH in this time
frame, the market could be vol
and correct as it moves up. 2 da
200 point corrections are entire
possible.
See the aspectarian for the
month dates.
2) Feb. 1 pattern out of the August 26 high.
4 - FEB '88 LIVE HOGS
From Jan 29 to Feb 2, we have PRICE bottomed on Dec. 4. Be-
squares of 90, 144 and 52 coming in cause PRICE was ahead of TIME, it
and it should result'in a more took TIME untilthe 17th to "run out".
dramatic extreme around Feb 1, Thus the market"marked time" near
than the intra month highs and lows. the lows, This is a phenomenon lhat
Odds would favour a SIGNIFICANT you will see many times in the next
HIGH in this time frame. yeat, so it is important to understand
how time and price balance.
HOGS December 17 was also the
powerfut square of 52 from the con-
Fundamentals
tract low on April 1, that has
dominated the hog market. At 104 it
Fundamentals are pulling in oP- marked the July 14 low (see Dec
posite directions in hogs. The in- contract). At 156 it market the Sep 4
creasing herd size suggests that contract high. At 208, it market the
lower prices are in store in 1988. But Oct. 26 low (See the June 'BB con-
seasonally we are now in a time tract), and on Dec 17 we were 260
when prices generally go uP. Whe.n days out! lt market the TIME low,
one looks at the current wave struc- while the PRICE low occurred on
ture, the argument lor higher prices Dec. 4. That was how I pegged the
in the near term is stronger. Dec. 17 low last month low as the
probable date of a major bottom.
Technicals
Look at the time symmetry of Monday, Dec. 28 is a culmina-
the Feb hog contract. lt appears to tion of several Gann points between
have completed a nice 5 wave bear Dec.25 and Dec.28, and likelyto be
very powerful. At this point, it would
appear important lows should be be-
hind us, and the direction should be
for a strong move into 1988. lf
Dec 28 is a strong day up, I will as-
me that January, 19BB will be
PROJECTED HOG PIVOTS generally a bullish month, until the
maket itself shows me otherwise. lf
this day is down strongly, it should
set a bearish tone to January. Let's
The put it this way. I would invest more
rop from in a bullish than in a bearish
the Nov 4 scenario.
high is in-
eresting in FORECAST
time The most important days in hogs
nd price in January are; Jan 11, Jan 13, Jan
nt e ract. 18, and then Feb.1.
The pre-
ious drop 1) January 11
wave 3 This Monday falls at the end of
ook '21 several sequences that are current-
alendar ly exhibiting great power in hogs.
lays (in
he Dec I Look at this sequence, moving in
multiples of 34 days from the con-
o nt ract tract high;
4low
as Nov.
). 21 Days Date Event
alendar Aug26 contract high
from 34 Sep29 important low
ov. 24 68 Nov 2 important low
as Dec. 10.2 Dec 6 important low
17. But'the 136 Jan 9 ???????????

i/ On Jan 10 and the squares ol
11
52, 90 and 144 all square out. Jan
10 is 216 days from lhe Jun B high.
Jan 1 1 is 104 days lrom the Sep 29
low, and 90 days lrom Oct 13 high.
So we should assume Monday
willbe an extreme day in hogs.
2) January 13
Normally I would ignore this
date, but it is the second square ol
144lrom the April 1 low of last year,
and this square picked the Nov 3 low
along the way. lt could be a high or
low depending on whether this
square is working in harmony, or in
opposition to the Jan 10 and 11
squares. Either is possible.
3) January 1B
Look at this sequence from con-
tract high moving in 48's which cul-
minates the square ol 144 on Jan
17'.
DAYS Aug 26,87 contract high
48 Oct 13,87 high
96 Nov 30, 87 last break
144 Jan 17, BB pivol???
January 17 is also 135 days from
Sep 4. Therelore be very sensitive
to a significant shift in hogs on Jan
18.
4) Feb. l from the contract highs
Like in a lot of other markets,
strong aspects come in on Feb 1.
They are 216 lrom Jun 30 and 90
{rom Nov 3.
144.11you count the square
144by'12's you have the
tract high and low ol
wheat in the sequence. Look
12 24 36 48 60 72
84 96 108 120 132144
156 168 l80r 192 204 216
228 2401252D.M 276288
300 31 z@sa348 360
372384 396 408 424 432
By seeing where the high and
low fall you can see why the
next point ol resistalce on
breaking above 324 0s 360.
But there should be FOR-
MIDABLE resistance at $3.60,
especially if it is reached on a
key Gann date. A proper aF
proach is to sell out longs at
$3.59 and await a close
$3.60 to go long again. 5 -JLILY'88 WHEAT
FORECAST
Dec 23 is a pivotal day
wheat, and lwould expect a
rally lo occur from that date, EX
ACTLY. The Dec '87 contract
occurred on Oct. 17, '1986, and
PROJECTED WHEAT PIVOTS
winter solstice is exactly 3 squares
of 1 44 lrom that date ! Dec 23 is also
2 112 squares of 90 from the con- ABRUPTLY, and certainly the
evidence suggests UP. As I write,
Study these numbers wheat is at 3.12, and il it should hap-
pen to sell ofl to 2.88, it will be a
sucker play and a clean out ol weak
and lows of March '88 longs before a major rally. A swing
upward should go to $3.60. More
wheat! bullish developments would give a
$3.96 objective.

/ ,-=,1396\
16.'>eOO fl3boo."s ll my thesis is right, wheat will
WHEAT '','\ ":-t'frsza'1'*{'ocY
\'284'
t;6/
h? A close strong on Dec 30, 1987, and
gap up on Jan 4, 1988.
\\ \
Wheat fundamentals continue to "izsz
' _ e enlrar/
improve asthe USDAcut 100 million
- I l/ ,
1o^_,
Days that stand out in January
bushels f rom the latest carryover es- '"144 - are the 7th, the lBth, and the 27th.
timate. Check the detrend at that time. I

think strength out of the solstice can

Let's look where the Dec pivots
in the MArch contract occurred. The
Dec 2 high was exactly 2BB days
(144.2) from the Feb 17 low. The
test of that high on Dec 14 occurred
208 days (52-4) lrom the May 12
contract high.
Pricewise, the March contract is
vibrating directly off the square of
tract high. Finally Dec. 24 is
squares of 52lrom the contract low.
So many lhings coming together ex-
actly at the solstice is not a co-in-
cidence. The market will do
profound shift from that time.
These conclusions about TIME
are more important lhan con-
clusions about price. WHEREVER
wheat is on Dec 23, it should shift
3
conlinue into February.
a
SOYBEAN OIL
Soybean Oil fundamentals con-
tinue to improve, and lwould expect
the bean oilto take leadership of the
bean complex, as the world focuses
on FOOD versus FEED. Bean oil
should remain in a muhi month bull
market that still has a long way to go.
Key dates in January, are the
1th, 19th and Feb 1. A lirst "natural"
objective would be doubling the size
of the trading range, or around 22
cents. Next objective is 150 % of the
lows or around 24 cents.
CORN, BEANS & MEAL
The overallfundamenlals in the
grains and oilseeds have improved
dramatically in the past half year.
That lends a bullish 'tone" to the
market, and one should watch the
technical market {or places to buy.
The Gann TIME vibrations in
corn, meal and beans are exactly
the same, meaning that they share
the same high and low dates of
major pivots. My observalions on
wheat generally hold true to these
other grains.
FANECAST
I expect that the grain comPlex
will stage it's next rally out of the
winter solstice, with wheat and bean
oil taking leadership. Bul soybeans
and corn should also respond up-
wards INTO FEBRUARY.
The signilicant ciates in January,
alter Jan 4 (which should GAP), are
the 7th, 11th, 18th and 27th. But I
think strength out ol the equinox will
conlinue into February.
I will cover these grains more
thoroughly in an upcoming issue.
ANNOUNCEMENT
I am interested in working with
several dozen of you personally,
who think that your expertise and
mine together could make a power-
lul team, whether it is hedging, in-
vesting or speculating. But don't
delay too long. Very soon, I will be
lorced to restrict access to myself !
IN NEXT MANTH'S ISSUE...
The biggest problem most ol us
face in becoming successful inves-
tors, is that we are lacking in the dis-
ciplined money management that is
absolutely essential.
I am currently working on a
Gann based calculalor, thai defines
acceplable risks that can be under-
taken with different levels ol capital,
lrom as little as $7,200 to over a mil-
lion dollars. lf your capital is less,
still have suggestions on how lo
proceed.
It defines different categories ol
risk, and suggests the capital re-
quired to "shi{t" categories. When
you have too many losses, you
"shift" your risk downward, untilyour
capital is rebuilt. lf you win, you can
accept larger risks, but continue to
respect rnoney management. The
base is capital preservation, with
several built in insurance policies to
lessen the risk of disaster.
Using such a model, one builds
the inevitable losses that happen,
into acceptable operating costs. The
emotion of decisions is removed,
because the risk is always carefully
studied and acceptable to that
amount of investment capital. One
awaits the key dates before deciding
whether to assume the next risk.
Discipline!
As you can see in this newsletter,
the opportunites in the next 20 trad-
ing sessions are many. That is al-
ways the case. The problem is a dis-
ciplined use of capitalthat is in har-
mony with that capital's ability to
grow, without trying to overworkthat
amount of money.
The modei is built around the
natural numbers one finds in study-
I ing Gann. lt is very exciting!

GLOBAL FUTURES CORPORATION My best wishes to all of you lor a

Prosperous New Year!
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Published monthly by Global Futures Corporation , Suite 600,808 West Hastings Street, Vancouver, B. C.Y6C.2X4
The informa[ion contained in this publication is accurate to the best our knowledge. However, it should not be construed a
a direct solicitation to take positions in futures or options. Conditions change quickly in futures markcts. Therefore you arc
advised to have a comprehensive strategy before engaging in the volatile futures or options markets.
S[/14SS FRANC CATTLE HOGS

Dec 24 - 135 - Aug 11 Dec 23 - 216 - May 21 Dec 17 -260 - Apr 1

Dec27 - 240 - May 1 Dec24 - 90 - Sep 21 - 156 - Jul 14
Dec30- 90-Oct 1 Dec 26 - 72 - Oct 15 -104-Sep 4
- 72- Oct 19 Dec 31 - 240 - May 5 Dec 27 - 270 - Apr 1
- 135 - Aug 18 - 180 - Jun 30
- 104 - Sep 'lB Dec 28 - 90 - Sep 29

Jan 1-120 -Sep 3 Jan 3-104 -Sep21 Jan2-180-Jul 6

Jan 2- 144 - Aug 11 - B0-Oct15 -120 -Sep 4
Jan 4-384-Dec16 - 41 - Nov 23 (Mi - 60-Nov 3
Jan 13 - 104 - Oct 1 Jan 5-180-Sep21 JanlO-216-Jun B
Jan 14 - 156 - Aug 11 - 90-Oct17 - 180 - Jul 14
Jan 16 - 260 - May 1 JanT-120 -Sep 9 Jan11 -104-Sep29
-135-Sep 3 Jan 9-144-Aug18 - 90-Oct13
Jan 20 - 90 - Oct 22 Jan 13 - 90 - Oct 15 Jan 1 4-2BB - Apr 1

Jan 25 - 144 - Sep 3 Jan 15 - 24O - May 20 - 72- Nov 3

Jan 26 - 27O - May 1
Jan 29 - 120 - Oct 1
Jan 30 - 104 - Oct 19
CORN, BEANS, MEAL
Jan 17 -27O - Apr22
Jan 19 - 120 - Sep 21
-260-May 4 Jan 25 - 104 - Oct 13
Jan 20 - 180 - Jul24
Jan 21 - 156 - Aug 18
Jan 23 - 120 - Sep 25
Jan 29 - 270 - May 4
Jan 31 - 144 - Sep 9
Febl-90-Nov13
WHEAT
Jan 17 135 - Sep 4
-
Jan 24 - 208 - Jun 30
Jan 26 - 144 - Sep 4
Jan27 - 12O - Sep 29
Jan 30 - 208 - Jul 6
Feb 1 -216 -Jun30
- 90-Nov 3
OATS

Dec 25 - 135 - Aug 12 Dec 23 - 225 - May 12 Dec24 - 104 - Sep 11

- 72- Oct 14 Dec24 - 156 - Jul 21 Dec 25 - 156 - Jul22
- 52- Nov 3 Dec 25 - 72 - Oct 14 - 52- Nov 3
Dec 26 - 208 - Jun 1

Dec 26 - 208 - Jun 1

Dec27 - 54 - Nov 3
Jan 3 -216 -Jun 1 JanT-24O-May12 Jan 3-216-Jun 1
- 144 - Aug 12 Jan 12 - 90 - Oct 14 Jan 9-12O-Sep11
JanT-240-May12 Jan 15 - 360 - Jan 20 Jan 13 - 240 - May 1B
Jan 10 - 208 - ..luir t O - 72- Nov 4 -208 - Jun 19
Jan 12 - 90 - Oct 14 - 60-Nov16 Jan14-72-Nov3
Jan 15 - 156 - Aug 12 Jan 17 - 180 - Jul 21 Jan 18 - 180 - Jul22
JanlB-216-Jun16 Jan 26 - '104 - Oct 14 Jan21 - 216 - Jun 19
- 336 - Feb 17 Jan 27 - 260 - May 12 Jan24 - 135 - Sep 1'l
Jan 26 - 104 - Oct 14 Jan 27 - 240 - Jun 1
Jan 27 - 260 - May 12
-24A - Jun 1

Febl-90-Nov3 Feb 2- 90-Nov 4 Febl-90-Nov3

Feb 2-260-May18 - 144 - Sep 11
 JANUARY 1 9BB ASPECTARIAN
BONDS S&P INDEX GOLD
Dec 20 - 27O - Mar 25 Dec 23 - 260 - Apr 7 Dec 23 - 240 - Apr27
- 180 - Jun 23 Dec 26 - 360 - Dec 31 Dec 26 - 144 - Aug 4
Dec 22 - 216 - May 20 Dec 30 - 72 - Oct '19 Dec 30 - 72 - Oct 19
Dec 26 - 144 - Aug 4 Dec 31 - 90 - Oct 12
Dec 30 - 135 - Aug 17
- 72 - Oct 19
Jan 3- 76- Oct19 Jan 2-270 - Apr 7 Jan 3-76- Oct19
JanT-2BB-Mar25 Jan 3 - 76 - Oct 19 JanT -156-Aug 4
- 156 - Aug 4 Jan 6-120 -Sep B Jan B-520 -Aug 6 86
Jan B-144 -Aug17 JanT-135-Aug25 Jan12-260-Air27
Jan 15 - 24O - May 20 Jan14-104 -Oct 2 Jan 15 - 240 - May 20
Jan 17 -2OB - Aug 4 - 240 - May 20 - 576 - Jun 18 BG
- 90-Oct19 Jan16-144-Aug25 Jan 16 - 208 - Jun22
Jan 20 - 156 - Aug 17 Jan 17 - 90 - Oct 19 - 72- Nov 5
Jan 25 - 216 - Jun 23 Jan 1B - 360 - Jan 23 Jan 17 - 90 - Oct 19
Jan 31 -312 - Mar25 Jan 20 -2BB - Apr 7 Jan 22 - 270 - Apr 27
-180-Aug 4 Jan 21 - 135 - Sep B Jan 24 - 216 - Jun 22
- 104 - Ocitg Jan 28 - 156 - Aug 25 Jan 31 - 180 - May 20
- 72- Nov 20 Jan 30 - 144 - Sep B - 104 - Oct 19
-12O -Oct 2
Jan 31 - 104 - Oct '19

CRB INDEX HEATING OIL US DOLLAR INDEX

Dec 25 - 144 - Aug 3 Dec22 - 120 Aug 24 - Dec 23 - 2BB - Mar 10

Dec 26 - 225 - May 5 Dec 27 - 156 - Jul24 Dec27-135-Aug14
Dec 30 - 72 - Oct 19 Dec 30 - 156 - Jul27 Dec 30 - 240 - May 4
-
72 - Oct 19

Jan 6-156-Aug 3 JanT -135-Aug24 Jan 5-144-Aug14

Jan 7 -2BB - Mar25 Jan 9- 52-Nov18 Jan B- 90-Oct10
Jan 10 - 240 - May 15 Jan 1 1 - 180 - Jul 15 Jan 17 - 156 - Aug 14
Jan 17 - 90 - Oct 19 Jan 1 5 - 144 - Aug24 Jan 19 - 260 - May 4
Jan 30 - 260 - May 15 Jan 17 - 90 - Oct 19 Jan 21 - 72 - Nov 10
-180-Aug 3 - 60-Nov18 Jan22-104-Oct10
Jan 31 - 104- O6t tg - Jul24
Jan 20 - 180 Jan 29 -270 - Mar 4
- Jul27
Jan 23 - 180
Jan27-156-Aug24
Jan 31 - 104 - Oct 19
Please note: This aspectarian has been designed for use with "GANNTRADER 1". The first
figure is the_date a square falls due. The second figure is the amount of days (a multiple of the
squares of 52,90 or 144), and the third figure is the date of origin. Begin s{uares at the third
figure,-use the square suggested by the s-econd, and you will have a square completing on the
date of the first fiqure! This will allow you to quickly ey-eball up the relative value clf that square.

Good luck and goo$frading!

h/