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Just after the Advanced Manual first came out (1980),
Drummond used to keep in touch with the 'students',
usually monthly, and at the end of each year, he gave
his predicted high and low for the oncoming year.
To follow is a graphical representation of a summary
created in 1982, as to a record of what was predicted
in the year 1980, and that is shown herein. The thrust
of this 'paper' is to show how he did it. As you can
see, the predictions were quite accurate. They are
based on the simple geometric format that can be achieved
on any time period: thus one can geometrically predict
within reason, the high and low for the next week,
as well as the next year.
To
Quote:
Anyway,
before we start our exercises, I want to look at the
record of those yearly guesses I made for 1980, 1981,
,,, they rather speak for themselves, and if you doubt
their authenticity, I may be able to drag out some
old P&L'ers who remember this. And, remember,
that these projections were basically visual, simply
coming quickly from my noggin,,,(brain), without little
focus on my part, as to what I was doing. ( in a flash,
I did it.) This same format, will be portrayed in
our exercises tonight, as we go through the weekly
charts, and the rationale will reveal itself.
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