江恩真义

股海小鱼

忍耐
忍耐是一种美德，特别是在金融市场中尽你所能的学会它。你必须要忍耐,以便等到一个恰当的机会来临。不要过于急切和渴望并那么快就进入市场里。一旦你买入或卖出一只股票而它也如你所愿的那样运动，你就必须坚持去持有它，直到有一个很好的理由或者足够的原因来结束这个交易。

勇气

勇气是首要的。在我的过往经历中，我暴仓40次，并失去了我所有的钱，但是这从来没有使我丧失勇气。追悔过去除了带来遗憾不会带来别的。我永远信仰用勇气和理想来直面未来。但是要使这份勇气和理想建立在一些可靠和有效的法则上，这样可以有效的防止你过去惨重的损失再发生。当一个很好的机会来临时他们反而没有勇气去行动了。这种情况下，勇气比资金更有价值。

知识

经验只能从实际训练中才能获得，一个小孩要通过把他的手指头放到火上才能知道到被火烧的感觉很疼。错误是很正常的并且很难避免。错误对我们来说是件好事，因为假如我们从错误中得益，错误就变成有价值的东西。分析你所犯的每一个错误以及导致你损失的原因，以便使你避免在未来重复同样的错误，并使每一个错误成为你不断进步不断发展的阶石。我把我所得到的经验，好的或着坏的，积累成市场认知，而这种对市场的认识是最有力量的，资产的积累总是开始于知识和认识的积累。

健康和休息

良好的健康的身体是在投机市场里获得成功的非常重要的一个基本要素。人过久的从事交易得不到休息缺乏变化，他的判断力就会生绣而变的扭曲。当你局限在市场之中时，不管你是成为市场多空双方的哪一方，你作为一个“人”就会很自然的期望市场按你的想法来运行，你因此会下很大力气来找到几乎所有你能找到的，从表面看上去对你有利的事件或信号。而当你跳出市场时，你就能看到市场中真实的情况，并且用没有被市场所歪曲的视角来判断这个市场，从而消除贪婪和恐惧的影响。那些频繁的在市场中日进日出，不愿意放过任何一个交易机会，绝不允许自己浪费任何交易时间的那些交易者，或早或晚会输光他们所有的钱。

---摘自江恩<股票图形中的真理>第22-25页


"You must not give too much weight to the averages, but should determine the position of each individual stock which composes these averages. … The law of averages works when applied to life insurance. The actuary can figure the lives of 1000 men at various ages and tell on an average how many of them will die each year, but the actuary cannot figure on one individual and tell when he will die from the position of the average because of the fact that men born at different times are grouped under the same average. Stock averages are also made up of stocks from companies which are 5, 10, 20, 30, 50, and 100 years old. With such a wide difference in the time of the incorporation, and with the industries located in different parts of the country and influenced by local as well as other conditions, it is only natural that some of them must go opposite to the trend of the average group.

你不要总是在指数上花太多时间，但是一定要确定这些代表着每一只个股的平均指数的位置和状态。保险业要使用平均法则，保险精算师可以计算1000个不同年龄的人并可以告诉你他们之中每年有多少人将死去，但是精算师不可能根据平均指数来推算并告诉你每个人什么时候会死，因为事实上不同时间出生的人聚合在一起具有相同的平均出生率。股票指数也同样由那些5, 10, 20, 30, 50, 和 100年历史的上市公司的股票所组成。具有很大的成立时间上的不同，产业定位于不同国家和领域，并受当地的其他环境条件影响，它们之中的一些将与指数趋势形成反方向运行仅仅是其自然本性的原因。

Therefore, in order to get a reliable Forecast, each company and its stock must be analyzed separately, judged and forecast individually and not collectively."
因此，要想获得一个可靠的预测，每一个公司和它的股票都必须单独分析，单独判断和预测而不是从总体上去这样做。

W. D. Gann, Wall Street Stock Selector, pp. 29-30 《华尔街股票精选》

1.Leave queer-acting stocks alone. Stick to the ones that favor you.
离那些走市古怪的股票远远的，牢牢沾住一个你能很好把握的股票

"The kind of stocks to trade in are those that are active and those that follow the rules and a definite trend. There are always queer acting stocks and some stocks that don't follow the rules. These stocks should be left alone." W. D. Gann, New Stock Trend Detector, p. 34

适合交易的股票种类是那些活跃的并且跟随法则具有明确趋势的那些股票。那些走市总是很古怪的股票和那些不跟随法则的股票，我们应该让它们自己去表演。

" When you find that a stock does not seem to work well for you, leave it alone. Quit trading in it, and stick to the ones that favor you. I could explain to you the cause for this, but it is not necessary, and many of you would not believe it.

当你发现一个股票并不象你分析的那样运行时，就请离开它，退出在它上面的交易，而要去粘住一个适合你的你能很好把握的股票。我可以解释这其中的原因，但不是必须的，你们其中的很多人也未必相信这个解释。

It makes no difference whether you know or do not know the reason why a thing works or does not work; just as soon as experience teaches you that there is something that works against you, the only thing to do is quit." W. D. Gann, Truth of the Stock Tape, p. 75

你是否知道为什么一件事情发生或不发生的理由是没有太大差别的。你只需要让经验事实告诉你有些东西正在和你对着干就足够了，你仅仅需要的是退出。

2.Know when to quit. Determine when your trend is changing one way or the other.
知道什么时候退出。当你的交易趋势正在变化时你有办法知道。

"A man's life runs in cycles just the same as stocks. He reaches his apex and does not know it. His time for money making ends, and he should keep what he has already made, rather than try to make more.

一个人的生命在一个循环中运行就象股票一样。他到达他的顶点但他自己并不知道。他赚钱的时间结束了，他要保存住他先前所获得的要比他努力赚更多更重要。


There is a seasonal trend and a mathematical scientific cycle which determines the time and limits to which a man can go and when he bucks the law and the tide turns against him. The most important thing for every man to know is when to quit. After a man has made money, he must know when he has enough, stop and keep what he has. …

一个周期性季节性的趋势和数学的科学循环确定了一个人可以到达的时间和范围，以及什么时候它违反法则使得趋势向与他预期的相反方向的逆转。对每个人来说最重要的事情是知道什么时候退出。在一个人赚到钱后，他必须知道什么时候就足够了，什么时候停止并保持他所拥有的。

"Man's seasonal trend changes just as the market and he has his good and bad cycles. By keeping a record of your own trades, you can determine when your trend is changing one way or the other. I have been able to make as many as 200 consecutive trades without a loss. If I had no way to forecast it, what sign should I watch to tell when the tide had turned against me and I should get out and wait? The first indication that something was wrong would be the first trade on which I made a loss. …

人类的季节性趋势变化正象这个市场一样有好的和坏的循环。通过对你自己的交易记录，你可以测定什么时候你的个人趋势的变化。我可以连续200次交易不会有一点损失。假如我没有预测市场的方法，我怎么能在趋势已经向我预期的方向发生逆转的时候发现一些迹象并作出卖出或观望的决策呢？首要的是在第一次交易时就不要使自己失败和损失……

"There is no use staying in, holding on and hoping, when things go against you. Take your loss quickly and get out. You will make money by staying out of the market and waiting for an opportunity when the market is right, your physical condition good and your mind at its best. To beat the stock market is a battle of wits. Your mind must be active, keen and alert. You must be able to change your mind and act quickly. When you find that your mind gets sluggish and you cannot act quickly, you are in no position to be in the market." W. D. Gann, Wall Street Stock Selector, pp. 34, 35

当趋势离你而去的时候，死撑毫无意义，抱着侥幸没有一点用。尽快承认损失并离开市场。你将因为离开市场来“赚”到一笔钱，并等待适合你的市场机会，这样你的物质条件良好，心态也不错。打败市场是一个智力的战争，你的心态要积极，敏锐，警觉。你要学会快速的调整改变你的心态和行为。当你的心态变的迟缓，你的行动就会失去果断快速，你在市场里就根本无法立足。

------------摘选自 的江恩原著 <华尔街股票精选> 部分章节

股海小鱼

第七章 交易者基本素质

PATIENCE 忍耐

Patience is a virtue, especially in the stock market. Acquire it if you can. You must have patience to wait for the right opportunity to come, and not be overanxious and get in too soon. Once you buy or sell a stock and it starts moving in your favor, you must have patience to hold it until there is a good reason or sufficient cause for closing the trade. Never close a trade just because you have a profit; do not become impatient and get out for no real reason. Every act, either in opening or closing a trade, must have a sound basic cause behind it. Hopes and fears must be eliminated. There is no use selling a stock because you fear it is going down, nor buying it because you hope it is going up. Look at your charts and see which way the trend points and follow it. If no definite trend is shown, use patience and wait.

忍耐是一种美德，特别是在股票市场中。尽你所能的学会它。你必须要忍耐并等到一个恰当的机会来临，不要过于急切和渴望并那么快就进入市场里。一旦你买入或卖出一只股票而它也如你所愿的那样运动，你就必须坚持去持有它，直到有一个很好的理由或者足够的原因来结束这个交易。永远不要仅仅因为你有了一点利润就结束交易，不要急躁，并在没有一个合理原因的情况下就退出交易。每一个交易动作不管你是开始交易还是停止交易，都必须事先有一个可靠的彻底的基础理由来支持你。希望和恐惧就可以得到排除。因为你恐惧一个股票正在运行的下跌而卖出股票或者因为期望一个股票涨的更高而买入都是毫无价值的。看看你的图表并观察趋势是什么路数，跟随它。假如没有发现明确的趋势，就学会忍耐和等待。


NERVE 勇气

Nerve is just as essential as patience; in fact, nerve is the equal of capital. In getting my experience, I have been broke over 40 times, I have lost all of my money, but there never has been a time yet when I lost my nerve. Years ago, when I was experimenting and working on methods for forecasting the market, I would get in the market wrong and lose all my working capital, but I never let it get my "goat." I studied very carefully how I made the mistake and what the cause of the loss was. In this way, I profited by every mistake and loss, and was enabled to perfect my method of forecasting and trading so that I could make a success.
勇气是和忍耐一样是基本素质，事实上，勇气是首要的。在我的过往经历中，我暴仓40次，并失去了我所有的钱，但是这从来没有使我丧失勇气。多年以前，当我还在实验并总结市场预测中的法则的时候，我犯了很多错并失去了我所有的运营本钱，但是我没有被打倒。我仔细的研究了我是如何犯错的以及什么原因导致我亏钱。这样，我在每一次错误和损失上得到收获，使我能够形成自己完美的预测和交易法则并导致我最后的成功。
Looking backward brings nothing but regrets. I always believe in facing the future with nerve and hope. But let the nerve and the hope be based on some sound principle that will prevent costly mistakes of the past. During my career I have seen many traders who had made one mistake after another and suffered severe losses, and still had some capital to work with but when an opportunity appeared, they lacked the nerve to act. In cases of this kind, the nerve would have been more valuable than capital.

追悔过去除了带来遗憾不会带来别的。我永远信仰用勇气和理想来直面未来。但是要使这份勇气和理想建立在一些可靠和有效的法则上，这样可以有效的防止你过去惨重的损失再发生。在我的股市生涯里我曾经看到大量的交易者一次次犯错并遭受沉重的损失，但他们仍有大量的资金来操作，但当一个很好的机会来临时他们反而没有勇气去行动了。这种情况下，勇气比资金更有价值。

KNOWLEDGE 知识


In the early part of my career I made some great success, and what might be called lucky strikes. I made a lot of money easily and then I spent or lost it easily. But I did not give up or lose my nerve. I always figured that I was a better man after each reverse, because I had acquired experience. Experience is the only school to learn in and the burnt child is the one who knows the pain from having put his fingers in the fire. Mistakes are all right and hard to avoid. They are good for us, because if we profit by them, they prove valuable. But it is wrong to make the same mistake the second time. Therefore, use every mistake as a stepping stone to progress; analyze each mistake you make and the cause of every loss, in order to avoid repeating the same error in future. With each experience I had, good or bad, I accumulated knowledge, and after all, knowledge is the greatest power of all, for capital will always come to knowledge.

在我事业生涯的早期我很顺利的就获得了一些成功，而这些成功更应该称为走运。我很容易的就获得了大量的金钱而我花费或者说损失的也很容易。但是我从没有丧失我的勇气。我始终坚信我在每次逆境之后都会变的更出色，因为我从逆境中获得了经验。经验只能从实际训练中才能获得，一个小孩要通过把他的手指头放到火上才能知道到被火烧的感觉很疼。错误是很正常的并且很难避免。错误对我们来说是件好事，因为假如我们从错误中得益，错误就变成有价值的东西。但是如果同样的错误出现两次，就是件坏事了。所以，分析你所犯的每一个错误以及导致你损失的原因，以便使你避免在未来重复同样的错误，并使每一个错误成为你不断进步不断发展的阶石。我把我所得到的经验，好的或着坏的，积累成市场认知，而这种对市场的认识是最有力量的，资产的积累总是开始于知识和认识的积累。


HEALTH AND REST 健康和休息


Good health is essential to success in any line. It is one of the great assets for success in the speculative market. At least twice a year a man should close up all of his trades, get entirely out of the market, and go away for a vacation or stay away from the market and rest up. Let your mind rest and your judgment get clear. The man who continually sticks to any business too long without a rest or change gets his judgment warped. He gets in a rut and sees things from a one-sided point of view. When you are in the market on either side, it is but human nature for you to hope that it will go your way, and you, therefore, give greater weight to any event that seems to indicate a favorable move to your side. When you are out of the market, you are able to see things as they really are, and judge the market without a distorted view, with hope and fear eliminated. Traders who are continually in the market day in and day out and never allow any time to elapse between trades, sooner or later lose all their money

良好的健康的身体是获得任何行业成功的基本要素。它也是在投机市场里获得成功的非常重要的一个基本要素。一个人在一年中至少要有两次停下他所有的交易，完全的离开市场，度假或在远离市场的地方休息。让你的身心得到休息并使你的判断力变的更敏锐。人过久的从事交易得不到休息缺乏变化，他的判断力就会生绣而变的扭曲。他会变的老套呆板并且从一个极端的方面来看问题。当你局限在市场之中时，不管你是成为市场多空双方的哪一方，你作为一个“人”就会很自然的期望市场按你的想法来运行，你因此会下很大力气来找到几乎所有你能找到的从表面看上去对你有利的事件或信号。而当你跳出市场时，你就能看到市场中真实的情况，并且用没有被市场所歪曲的视角来判断这个市场，从而消除贪婪和恐惧的影响。那些频繁的在市场中日进日出，不愿意放过任何一个交易机会，绝不允许自己浪费任何交易时间的那些交易者，或早或晚会输光他们所有的钱。

I know one trader who follows scientific forecasting and makes a success. He never makes more than five or six trades in the year. If he buys stocks during the winter or early spring for a rise, and the advance materializes as he expected, he sells out and takes his profits. Then he leaves the market alone, sometimes for several months. In the summer, if he sees indications of a bull or a bear market starting, he gets in again, and if the market moves his way, he may follow it up and pyramid for several months. When he gets an indication that the end is near, he closes up his trades, takes his profits, and like the wild geese, wends his way to the sunny South. Sometimes he stays all winter in Florida, hunting and fishing; then goes over to Hot Springs, Arkansas, takes a course of baths; returns to Wall Street in good health and fit for another tilt with the Bulls and Bears.

我知道一个交易者他跟随着科学的预测并使自己获得了成功。他在一年中的交易次数从不超过6次。假如他因为冬季或者早春季节的上涨而买入股票，当上涨达到他自己的合理期望位置时，他就落袋为安。之后他就放任市场自己去波动，不去管市场的涨跌，并常常就这样不闻不问几个月。到了夏末，假如他看到了一个牛市或熊市开始的信号指示时，他又回到市场来了，假如市场按他预想的运行，就会使用金字塔方法逐步累进跟随趋势几个月。当他看到趋势快要结束的信号时，他就立即平仓落袋为安，并象天鹅一样飞到阳光明媚的南方。有时他会在佛罗里达呆上一整个冬天，打猎钓鱼，然后转道去体会一下阿肯色洲炎热的早春，舒服的享受一系列洗澡沐浴的乐趣，再身强力壮的返回华尔街，有能力应付任何牛市和熊市的挑战。

He makes a specialty of trading in certain favorite stocks. He studies them closely and watches for certain signs that he considers almost infallible. When these signs come, he acts. He does not hurry until the time comes, but when it does, there is no hesitation -- he buys or sells. He keeps cool, calm and collected, and waits for the time to open or close a trade. Another thing he never does is to expect any fixed amount of profits or set any specific time for getting out. I have often seen him make a trade and it would go against him. He would get out and say, "Well, I guess I'll go back to my office and watch them for awhile." Sometimes it would be days or weeks before he made another trade, but when he did, it was based on some good sound reason, and 90 per cent of the time the second trade proved a winner. But suppose he had held the first trade he made and hoped it would move his way. His judgment, being biased, would have become more unreliable all the time. There is nothing like being out of the market and looking them over from an impartial viewpoint. When there is no definite trend, stay out, watch and wait, and your patience will be rewarded.

他使自己成为几个他喜爱的股票的交易专家。他精密的研究它们并关注着他几乎认为是一贯正确的可靠信号指示。当这些信号出现，他就会行动。他不会在时间到达前急噪，但是当时间到达，买卖就从不犹豫。他保持自己沉着冷静，精神集中，并等待开始或结束交易的时间到来。另外他从来不设置任何固定的收益比例或者设置任何机械的出局时间。我经常看到市场与他交易的方向相反的情况，这时他总是马上出局并总是说：“哦，我想我该回到我的办公室把这些情况做些研究了”有时他会在数日或数周之后才进行另一次交易，但是当他做交易时，它总是把交易建立在可靠的理由上，而90%以上的情况是，他第二次交易的成功证明了他仍然是个胜利者。但是假设他仍然坚持第一次的错误并总是期望市场有一天会按照他的想法来运行。此时，他的判断力就被严重扭曲了，他的想法在所有时候都变的越发不可靠。他不会象那些没有进行交易的站在市场外的人那样用一种平衡的视角来看问题。没有明确的趋势时，就不要参与交易，关注着市场，耐心等待，你的忍耐终将获得酬劳。
----W. D. Gann, Truth of the Stock Tape, pp. 22-25

股海小鱼

摘自江恩<股票图形中的真理>第22-25
The Human Body

人类的躯体


There are seven opening in the head -- two eyes, two ears and two nostrils, equally divided, three on each side. From this we get our Law of Three and know the reason why the change comes after two and in the three periods. The seventh opening in the head is the mouth and everything goes down. Study your seven-year periods and see how your markets go down and make tops and bottoms.

在头部有7个开放的孔--两只眼，两只耳朵和两个鼻孔，对称的分开，每一边有三个。通过这个我们获得了我们的“3的法则”，并且懂得了为什么在两个之后的第三个周期会发生改变的原因。头部的第7个开口是嘴，什么东西都会被咽下去。研究一下7年周期，你就会看到市场是怎么传承下去的以及是怎么形成头部或顶部的。

Woman is more perfect than man because she can create. Her body contains 12 openings.
Man's body only contained 11. The 12 represents the 12 signs of the Zodiac. The fact that
Man’s body only contains 11 openings proves why a man betrayed Christ and not a woman.
Note the angle of 11.25. Note the number 11 on all of different charts. Study the position
of 7 times 7 or 49 on all of your permanent charts. Then you will understand why the children of ISREAL marched 7 times around the walls of JERICHE, blew the ram's horn 7 times and the walls fell down on the 7th day. This law is also backed with astrological proof, but anything that can be proved in any way or by any science is not correct unless it can be proved by numbers and by geometry.

女人比男人更完美因为她们能创造生命。她们的酮体包含有12个孔。男人的身体只有11个。12代表了12个黄道符号。男人的身体只有11个孔的事实证明了为什么背叛基督的是男人不是一个女人。注意11.25的角度。在所有不同的图表里注意11。25。研究7的位置7X7=49在所有永恒图表里的位置。然后你就将明白为什么以色列的儿童要围绕着JERICHE外墙走7圈，吹羊角号7次，以及墙在第7天倒塌。这个法则同样可以被占星所证实，事物有多种验证方法，但是没有经过数字和几何学验证过的科学一定不正确。

The human body represents the time cycles and every measurement of angles. You have 5 fingers on each hand/ they are above the waistline or solar plexus and represent the 10-year cycle or the two 5-year cycles, which are 1/4 and 1/2 of the 20 year cycles. You have 10 toes, but note that there are 5 on one side and 5 on the other. This indicates that one 10-year cycle which is below the base line, must run opposite to the 10 above the base line, but that the 10 and 20-year tops and bottoms will come out according to the proper measurements from the base or beginning point. Study the different divisions of your limbs.

人类的身体象征了时间循环和每一种角度的度量。你每只手有5个手指它们越过了腰腹部代表了10年循环或者两个5年循环，而10年循环和5年循环分别是20年循环的1/2和1/4。你有10个脚趾，一边各有5个，这象征着一个低于基准线的10年循环，一定有一个反方向运行的在基准线之上的10年，这些10和20年循环将形成的顶部和底部是可以从一个基准的起点被精确的测量到的。请仔细的研究你四肢的不同划分。
Note the 3 divisions of your fingers, and that the third join or ends of your fingers are shorter than the other two, and that the thumb really contains only two spaces or joints, where your fingers contain 3, Learn the secret of this and you will learn why the thumb is so important. Study all of these master charts; apply them to space, time and you will find the cause of tops and bottoms and will know how to determine resistance levels. Go back over and of the old charts you have and study the places where they have had the greatest resistance.

注意手指的第三节，这个手指的末段比其他两节短，大拇指只包含两节，而其他的都是三节。明白这个秘密你就明白为什么大拇指是如此的重要。学习所有这些重要的图表，在空间和时间中都存在，你将找到顶部和底部的成因并且你会知道如何确定阻力水平。回顾过去的历史图表，研究那些曾经出现过巨大抵抗的地方。

Note the price, than determine the time by weeks, months or days, and you will be able to learn how to understand future movements. Look up the position of your master twelve chart and your square of nine, then consider your geometrical angles from west to east, according to time, then consider your angles from the different bases or beginning points and you will be able to determine the position of a stock.

注意价格，并测量以周，月，日为单位的时间，你将能够明白和理解未来的走市怎么运动。在主要的12图表和9方图中查找，依照时间思考从西到东的几何角度，然后思考从不同基准和起点出发的角度，那你就能测定一个股票的位置。

The square of nine, the master twelve square, and the geometrical angles are all mathematical points and do not contradict each other but harmonize and prove up the different mathematical points.

9的方图，主12方图，几何角度都是数学方法，它们不是互相抵触而是互相协调，并且证明了不同的数学方法的统一有效性。

January 17,1931 W. D. Gann

1931年1月17日，江恩签名

The Mysterious Origins of the W. D. Gann’s Square Of Nine

江恩的9方图的神秘起源

By W. Bradstreet Stewart

作者 威. 布拉德斯特里特. 斯图尔特

The Square of Nine is undoubtedly the most mysterious and popular of W. D. Gann’s financial market calculators. There is something about this strange number wheel.

9方图无庸质疑的是江恩金融市场计算方面最受欢迎最神秘的工具。这里介绍一些有关这个神秘数字轮的 事情。

One wonders what it is about this spiral number chart that so peaks everyone’s interest. Is it simply the promise of great fortune for decoding the secret calculator of a legendary market master? Or is there something more subtle, something mysterious, ancient, and unknown that resonates deeper in the being of those intrigued by this chart?

这个数字螺旋的图表居然让这么多人痴迷，其实就是因为预期获得巨大财富的密码就隐藏在一位传奇式的交易大师所使用的这个图表里？

It is said that Gann discovered the Square of Nine in India, a story that has not been verified, but would not be surprising since the Square of Nine may be found all over India. In Hindu temples throughout the land, there are small 5 x 5 squares (the inner square of the Square of 9) next to the doorways.

传说江恩是在印度的时候发现了9方图，这个传说没有确实的证据，但是请不要惊讶，你可以在印度随手 就能找到9方图，在印度的寺庙的地板上，门口有小型的5X5 方形（9方图的内方是5X5方），

This leads us to an ancient Vedic diagram called the Parmasayika Grid (Figure 1). In this diagram a lotus grows out of the naval of the cosmic man, at the exact center of the grid. This lotus is “Brahma” the universal vital principle, extending itself out through the lotus blossom into the multi-dimensional grid of the manifesting universe.

这就带领我们面对一张叫做“Parmasayika Grid”的远古印度的图表，见附图一。在这张图表的中心有一 个莲花生长成一个宇宙人，这个莲花就是梵语中的“Brahma”意思是说一个普遍的至关宇宙的法则，这个 人通过莲化的生长壮大而使自己和包绕自己的格子不断壮大和伸展，使他自己能够到多维空间去，以充满 全部的宇宙。

Since vegetable growth, along with all life, extends itself in spiral motion, it would circumambulate the grid from center ring to outer, just as price and time do on Gann’s calculators. As the lotus grows, it progresses from the greater deities at the center to the lesser deities at the outer edge, the deities representing in the sacred tradition, universal laws and principles by which all that is born and exists in manifest space-time is governed. See Figure 1.

这个宇宙人在格子中旋转，并象蔬菜生长一样，在螺旋运动中使自己变大变强壮，这不就是江恩所说的时间和价格的运动吗？它的神力在中心最大逐渐向外延递减，这个普遍的原理和规则控制着时空和整个宇宙的生存和发展。见图一。


This universal vital principle, “Brahma”, which comes forth from the center as the lotus flower extending itself into 3 dimensional space-time, is pure consciousness projecting itself into form according to mathematical relationships and harmonies. This projection can take on individual and physical form like a tree or a person, or it can be a group form like a business, a school or even an essentially non-physical thought form like a financial market.

“Brahma”的普遍法则，是从伸展进三维时空的莲花中心产生出来的，按照数学的和谐关系它是一种纯意识形式。它呈现出的是一个实在的人和物，比如一棵树和一个人，或者他可以是一个经济实体，一个学说或者一个从本质上非物理性的思想形式类似金融市场。

That group form is composed of all of the thought, work, energy and activity of any kind that is connected with that particular pattern of form. Hence, soybeans and charts of soybean behavior are graphical representation of the conglomerate of thought energy about soybeans

这种法则和时空模型可以适用于几乎所有的思想，工作，能量和行动中。因此大豆和大豆的图表里就隐藏着全市场所有人思想的集合。

In The Hindu Temple, Stella Kramrisch presents the ground plan for Hindu temples since ancient Vedic times, called the Vastupurusamandala (Figure 2), again our Square of 9, defining it as, “the place for the meeting and marriage of heaven and earth, where the whole world is present in terms of measure, and is accessible to man…” She explains that its essential form is a square which, “can be converted into a triangle, a hexagon, octagon and circle of equal area and retain its symbolism…”

在印度的寺庙里，Stella Kramrisch介绍了远古时期印度寺庙的平面图，被叫做“Vastupurusamandala” （见图2），在这张图上我们再一次看到9方图，它被称做“天与地相会与交合的地方，就人们容易理解和 观测的角度而言，这里几乎可以展现出全世界”她解释说：“它本质的形状就是个正方形，它可以换算成 一个三角形，一个六边形，一个八角形，以及一个同它面积相等的并保留了它的象征和符号的圆”

Sounds strikingly similar to Gann’s Coffee Rio, Hexagon, and 360 Degree Charts. She further explains that, “the Vastu of 64 squares is meant for the construction of shrines and for worship by Brahmanas, and the Vastu of 81 squares is for the construction of other buildings and for worship on behalf of kings.” Here with the 8 x 8 square, we discover Gann’s Squareof 4, the inner square of the Square of 8, as the alternative to the Square of 9, perhaps giving us an explanation for Gann’s use of 8 x 8 grid paper for his charts.

引人注意的相似的声音也来自江恩的咖啡期货分析图，六边形图，360度圆形图。她更进一步的解释说： “Vastu的64方图所指的是神庙的解释和对“Brahmanas”的崇拜，而81方图是对其他的建筑物的解释和对 国王的崇拜”。这里出现一个8X8的图，我们发现了江恩4的方图，它是8方图的内方，是作为9方图进行排 列的可供选择使用的图形形状，这也许就为我们解释了，为什么江恩在画9方图时总是使用8X8的格纸

股海小鱼

Kramrisch continues, “the square of the Vastupurusamandala is divided into small squares and in diagonals…their points of intersection are the vital parts and tender spots (marma) of the site…these must not be hurt or interfered with…”, Gann’s familiar crosses forming the “hot spots” on the Square of 9. See Figure 2.

Kramrisch接着说道：“Vastupurusamandala的方形可以被对角线分割成小的方形，它们的交叉点就是哪个生命有关的柔软的区域，这里绝对不能被伤害或者被打扰” 江恩的被人所熟知的交叉线构成了在9方图 上热点，见图2


However, we may still wonder what exactly these sensitive “marma” points are measuring; how is this “marriage of heaven and earth” quantified? An ancient Hindu architectural text dedicates its wisdom, “for the pleasure of the astronomers and astrologers, as it has been transmitted from Brahma to our days through an unbroken series of sages. Building is begun under favorable stars. They are consulted when the ground is taken possession of and when the rite of depositing the Germ of the temple is performed. The regents of the planets and the stars have their allocation in the diagram of the temple and their images are carved on its walls. By them are regulated the measurement of the whole building and its parts; the life of the donor, and the age of the temple too. The temple is built in the likeness of the universe and is its reduced image.”

然而，我们更想知道的是怎样去精确的测量这些敏感的“marma”点，怎么把这个所谓“天地交合”的点 进行量化？一本远古印度的建筑学书籍体现了这种智慧：“作为天文学家和占星家的乐趣和荣幸，是作为 连续的完美的圣人把来自宇宙最高最神圣的实体和精神传播到我们每天的生活中来，建筑开工要在有利的 星体状态下。他们要考虑什么时候去拥有土地以及寺庙的落成仪式应该在那一天举行最好。有控制力的行 星和星体被安置在寺庙的图表里，而它们的图象也被刻在墙上。通过这些星体来控制和调节整座建筑和它 的组成部分的尺寸，捐献人的生命，寺庙的寿命也同样就被控制和调节了。寺庙被构建的和宇宙非常近似 甚至就是宇宙的翻版。”

Growth within the builder’s grid ensues from a specific point of birth, and exactly at the point when the seed is germinated and growth initiated, the planets and stars are carved into their positions on the walls of the grid. On the walls of Gann’s grid we find the 360 ° circle of the zodiac, marking the motions of the planets and stars, and the birth point is likewise an essential key for Gann, for it is the beginning point of the number count in the square, and essential for casting a proper natal chart.

从一个出生的特别点开始继而在创建者的格子里成长，这非常象一颗种子发芽并开始生长的时候那样，行星和星体按照它们的位置被雕刻在墙上的格子里。在江恩为我们所搭建的这面墙的格子里我们找到了分布有12黄道宫的360度圆形，来象征行星和天体，而出生的哪个点对于江恩来说也是同样重要的关键点，因为它将是方形图上计算数量的开始点，是形成一个正确的占星诞生星位图表的关键。

The Square of 9 is an instrument which calculates the mathematical measure of the growth of a form from a germination point, and correlates the motion or growth of that form with the astronomical and astrological influences governing it, allowing the analyst to read the stages of and influences upon the development of the Stupa, lotus, form or market.

9方图是一个工具，计算从一个特有的萌芽点状态形成生长的数学度量，使得由这个起点产生的特有的运动和成长形式与天文和占星的影响和控制与调节作用力产生关联，这样可以使得分析家可以读取到宇宙发展运动的进程和影响状态。

Daniel Ferrera in his new course, said clearly that the Square of 9 as a mathematical and astronomical calculator. He also points out that the Square of 9 is not to be perceived in only its two-dimensional perspective, but as a pyramid, spiraling from the center around and down to the outer ring at the base of the pyramid.

丹尼尔，佛尔瑞拉在他的新书中明确的指出9方图是天文数学的计算器，他也指出9方图不仅仅是2维空间的透视图，它是立体的四维的成金字塔样螺旋向外伸展的。

Manifest form projects itself into the three dimensions of space and time in the form of a three-dimensional conic, not a two-dimensional spiral. Therefore we should perceive the growth of our form taking on extension in the Z-plane forming a vortex, whirlpool, or conic spiral as it rotates through the mathematical grid of planetary and stellar influences.

形式本身所显现的东西证明了三维时空的形态是一个三维的二次曲线，不是一个两维的螺旋，因此我们要认识到我们所知道的事物发展形式是一个成旋涡状态运动的，在行星和恒星影响下所组成的，数学定义下“Z字形平面”。

India is not the only ancient civilization to have possessed this subtle wisdom. Again, in Ancient Egypt we find the same design built into the ground plan of the Great Pyramid, probably the oldest surviving structure on Earth, dated by recent research to perhaps earlier than 10,000 B.C.E., and theorized by some to be the last remnant of the legendary Atlantis.

古印度不是唯一掌握这种精细智慧的古老文明，在古埃及我们找到了同样的建筑形式那就是金字塔的设计，这些古代文明的遗迹最近被证明为大约在公元一万年前甚至更早的时候就已经存在了，而这些文明很可能就是传说中的大西州亚特兰迪斯文明中残存下来的。


Of the importance of the Square of 8 and 9 grid relationship, Schwaller says, “These two lengths, 8 and 9, are related to musical harmony. This is the tone in music and also the ratio between the diameter of a disk and the side of a square of the same surface area. The sum of 8 and 9 is 17, the famous number of Jabir [the famous Arabic alchemist of the 8th century C.E.]. It is associated with 28 and is the key number for the “balance” (mizan,measure of balance).”
对8方图和9方图的重要关系，古埃及考古学家，金字塔研究专家史沃乐先生说：“这两个长度，8和9，和 音律和谐规律是相关联的，它们是音乐中的调和与增强，也是一个圆的直径和等面积直角方形的边长的比率。8和9的和等于17，它是一个著名的阿拉伯术士在公元8世纪所使用的一个著名的数字。它是和28结合 在一起的，是一个测量平衡状态时的关键性数字。

“As Above, So Below.” Is it surprising, then, that a diagram of such importance to the ancients is to be found applicable to the modern financial markets? Obviously the ancients chose this design as the basis for their most holy and magnificent achievements for an important purpose. We see in both the Egyptian and Vedic traditions that the Square of Nine has, since the beginning of time, been used as a measure of the relationship between man and cosmos.

“ As Above, So Below.” 这句话字面意思令人不解，但是从远古时代遗迹上发现的这句话是否对于当 代的金融市场同样重要呢？ 远古时代的人在它们神圣和华丽的建筑基础上选择刻上这么一句话，应该是 明显的有重要的意图的。我们在古代埃及和古代印度的传统9方图上都能找到这句话，自从有时间记载的年代开始，这句话就用来度量人和宇宙之间的关系。
The Hexagon Chart
六边型图


Since everything moves in a circle and nothing moves in straight lines, this chart is to show you how the angles influence stocks at very low levels and very high levels and why stocks move faster the higher they get, because they have moved out to where the distance between the angles of 45 are so far apart that there is nothing to stop them and their moves are naturally rapid up and down.


因为任何事物都是循环运动，没有什么东西是直线运动的，所以这个图是想展示给你角度是怎么在比较高和比较低的价格水平时影响股票价格变化的，以及为什么当股票达到比较高的价格时会出现比较快速的运动。 原因是他们已经移动到距离45度角足够远的分离位置，没有什么能使他们停下来，她们的运动自然而然的就是飞速的上或者下。

股海小鱼

We begin with a circle of “1” , yet the circle is 360* just the same . We then place a circle of circles around this circle and six circles complete the second circle , making a gain of 6 over the first one , ending the second circle at 7, making 7 on this angle ，a very important month, year , and week as well as days , the seventh day being sacred and a day of rest .


在六边形里最开始的位置是 1 ，也正好是360度的循环位置。然后我们放置一个循环中的循环在这循环中，6个循环后结束第二个循环，距离初始位置增加了6。第二循环的结束位置是7，7在这里可以代表重要的月.年.周.日 ，而7日就正好是上帝安排的安息日。


The third circle is completed at 19 . The fourth circle around is completed at 37 – a gain of 18 over the previous circle . The fifth circle is completed at 61 , a gain of 24 over the previous circle . The sixth circle is completed at 91 , a gain of 30 over the previous circle ,and the seventh circle at 127 , a gain of 36 over the last circle .


第三个循环结束在19， 第四个循环结束在37 ，比上一个循环增加了18 ，第5个循环结束于61，距离上一个循环增加了24 ，第6个循环结束在91，距离上一个循环是30 ，第7个循环结束于127，距离上一个循环是36。

Note that from the first the gain is 6 each time we go around . In other words, when we have traveled six times around we have gained 36 .


注意到了吧，从第一个循环开始，每次循环之间我们增加6。也就是说，当这种循环进行6次后，我们可以得到“36” 。


Note that this completes the first Hexagon and as this equals 127 months , shows why some campaigns will run 10 years and seven months , or until they reach a square of the Hexagon ,or the important last angle of 45* .


如上所讲的那样，这样就结束了第一个六边形的循环，这可以等价于127个月 ，这就解释了为什么一段大行情会运行10年零7个月 ，或者直到价格达到了6边形的方形，或者重要的最近的45度角才结束。


The eighth circle around is completed at 169 , a gain of 42 over the first .This is a very important angle and an important time factor for more reasons than one . It is 14 years and one month , or double our cycle of 7 years . Important tops and bottoms culminate at this angle as you will see by going over your charts .


第八个循环结束在169，距离先前的循环得到42 。这是一个非常重要的角度，也是一个非常重要的时间循环成因 ，他等价于14年零一个月，或者两个7年的循环，重要的顶低的极端点都落在这个角度上，你全都可以在这个六边形图上找到 。（我的注释：169为13的平方 ）


The ninth circle is completed at 217 , a gain of 48 over the previous circle . The tenth circle is completed at 271 , a gain of 54 . Note that 271 is the ninth circle from the first , or is the third 90* angle or 270* , three fourths of a circle , a strong point .. All ，this is confirmed by the Master Twelve Chart , by the four seasons and by the Square of Nine Chart , and also confirmed by the Hexagon chart ., showing that mathematical proof is always exact no matter how many ways or from what directions you figure it .


第9个循环结束在217，距离先前的循环得到48的距离，第10个循环结束在271，获得距离54 ，如上所说，271是从1开始的第9个循环，是第三个90度，或者270度角，一个圆的四分之三，一个非常强大的点！所有的这些都被主12图，被四季的季节循环和9方图证实了，这一点也被六边形图证实了，无论你用多少途径或者从什么方向去演算，这些数字所展示的数学证据总是那么精确。（注释：这些数字无庸质疑的证明了，任何条件下，数学都可以作为指引我们操作方向的一种强大工具之一 ）


The eleventh circle is completed at 331 , a gain of 60 over the last circle . The twelfth circle is completed at 397 , which completes the Hexagon ., making a gain in 11 circles of 66 from the beginning .


第11个循环结束于331，距离前一个是60的距离，第12个循环结束于397，结束了全部的六边形，获得从1开始的11个循环，和66的距离。


66 months , or 5 years and six months , marks the culmination of major campaigns in stocks . Note how often they culminate on the 60th month , then have a reaction , and make a second top or bottom in the 66th month . Note the number 66 on the Master Twelve Chart . Note it on the Square of Nine and note that 66 occurs on an angle of 180* on the Hexagon chart , all of which confirms the strong angle at this point . We have an angle of 66* , one of 67.5* and one at 68 , confirming this point to be doubly strong for tops and bottoms or space movements up or down .


66个月，或者5年零6个月，标定了一个主要的大级别行情的顶点位置。但是要注意到，市场经常是在60个月达到顶点，然后出现反方向运动，而头部或底部的第二个顶底位置落在第66个月，一定要注意在主12图上66这个数字的位置！！注意他在9方图上的位置是180度角上，所有的这些都证明了这个强大的角度位置。我么可以选择一个66度的角度，一个在67.5度，一个在68度 ，确认了这个点对于顶和底或者价格空间的上下移动具有双倍强大的作用。


Note the number 360* on the Hexagon Chart . It completes a circle of 360* . From our beginning point this occurs at an angle of 180 * on the Hexagon Chart going around , but measuring from the center , it would equal an angle of 90* or 180* , making this a strong point , hard and difficult to pass, and the ending of one campaign and the beginning of another .

注意在六边形上360度的数字，它代表一个360度的循环终结的位置 。从开始点出发这个点出现在图形周围180度的位置上，但从中心点测量，它可以等于一个90度或者180度角，使其成为强大的位置点，非常难以通过，这通常是一个行情的结束或者一个行情的起点。


Again with the center of the Hexagon Chart at “1” notice that 7,19,37,61,91,127,169,217,271,331, and 397 are all on this direct angle and are important points in time measurement . Beginning with “1” and following the other angle , note that 2,9,22,41,66,97,134,177,226,281, and 342 are all on a same angle of 90*, or an angle of 60* and 240* as measured by the Hexagon Chart .


再次通过中心点就是六边型图的1这个位置，注意7,19,37,61,91,127,169,217,271,331,和397都在这个方向的角度上，这些点是测量时间循环的重要位置！！从1开始，跟随着其他的角度，标定2,9,22,41,66,97,134,177,226,281,和342，都是同样规则的落在90度角上，或者60度和240角上 。


Go over this Chart and the important angles each way and you will see why the resistance is met either on days, weeks, months or years, and why stocks stop and make tops and bottoms at these strong important points according to time.

仔细检查这些图和这些图上的每一个重要角度，你会发现为什么在日，周，月和年上出现价格抵抗，为什么股票会依照时间在这些强大和重要的点上停下来并出现顶底


When any stock has passed out above 120* or especially above 127* or 127 points and gone out of the square of the first Hexagon , its fluctuations will be more rapid and it will move faster up and down . Notice near the center that in traveling from 66 to 7 you strike the angle of 180* or 90* , but when the stock gets out to 162,it can travel up to 169 before striking another strong angle . That is why fast moves occur up and down as stocks get higher and as they move from a center of time.


当一些股票的价格通过并超越了120度，特别是超越了127度和127点并且跳出了第一个六边形中的方形 ，它的波动将变的更快速疯狂，更加快速的涨跌！！注意在中心附近从66滑到7，你将撞击180度或90度，但是当股票跳过162去，在撞上另外一个强的角度之前他们可以达到169 ，这就是股票从时间的中心开始运动并为什么在比较高的价格上发生快速上下运动的原因。 （注释：这段可能翻译不够准确，但大致意思基本可以肯定）

股海小鱼

Remember that everything seeks the center of gravity and important tops and bottoms are formed according to centers and measurements of time from a center , base or beginning point , either top or bottom .The angles formed going straight up and across ,may form just the same going across as the stock travels over for days, weeks, months or years .Thus , a stock going up to 22.5 would strike an angle of 22.5 * .and the higher it is when those angles are struck and the angle it hits going up , the greater the resistance to be met . Reverse that rule going down.

记住，任何事情都是要寻找一个引力中心，重要的顶和底的形成都是遵照一个价格中心和一个可测量的时间中心点，一个基准或起点，或者某个顶部和底部，一个角度形成直接的向上或者穿越交叉， 可能形成一个同样的在股票运行的日，周，月，和年的穿越和交叉。因而当一个股票越过22.5，将打穿一个22.5的角度，而当那些角度被打破股票就会涨的更高，那么就会碰到更大的阻力，下跌过程的法则刚好相反。


Market movements are made just the same as any other thing which is constructed . It is just the same as constructing a building .First the foundation has to be laid down and then the four walls have to be completed and last , but not least of all , the top has to be put on . The cube or hexagon proves exactly the law which works because of time and space in the market . When a building is put up it is built according to a square or hexagon. It has four walls or four sides,a bottom and a top ; therefore , it is a cube .


市场的运行模式类似其他普通事物的增长模式，这就如果你要建筑一栋大楼！你先要打好地基，然后最后才能在地基上面盖四面墙，不过还没有完，最低限度，你还在这四面墙上盖上房顶，四方形和六边形可以完全证明市场时间和空间的运行原因和规律，你可以想象在市场里建造一个建筑物，你需要根据四边形或者六边形来建造四面墙。四面墙有四个面向(理解指中途的顶底），有地基（底部）和房顶（顶部），这不是市场中的一个立方体吗。


In working out the 20- year Cycle in the stock market , the first 60* or 5 years , from the beginning forms the bottom of the cube . The second 60* , running to 120* , completes the first angle or the first side and runs out the 10 year Cycle . The third 60 * or the second side , ends 15 years or 180 *. It is very important because we have the building half completed and must meet the strongest resistance at this point . The fourth 60 * , or at the end of 20 yrs or 240 months , completes the third side . We are now two thirds around the building , a very strong point which culminates and completes our 20 – year Cycle .The fifth 60 * , or 300 * point , days,weeks,or months completes 25 years , a repetition of the first five years , but it completes the fourth side of our building and is a very important angle . The sixth 60 * , or 360 * , completing the circle and ending 30 years as measured by our Time Factor , which runs 1* per month on an angle of 45 * , completes the top .This is a complete cube and we begin over again . Study this in connection with the Hexagon Chart . It will help you .

Jan 1931 WD Gann.

假设一个超过20年的市场循环 ，第一个60度或者说5年时间，是立方体的基础构筑部分 。第二个60度运行到120度， 将结束第一个角度循环，或者第一个循环超过了而形成10年的循环，第三个60度，是第二个循环结束的位置，它将结束于15年或者180度角的位置 ，这是一个非常关键的位置。好象我们房子盖到了一半，而碰到资金困难，而这种困难阻止你继续下去。第四个60度，或者是说240个月，或者说是20年循环的结束位置。它是第三个循环的结束位置，这就好象我们已经完成建筑工程的2/3一样，这将是一个几乎无法超越的位置，足以结束20年的循环而形成顶点第5个60度 ，或者是说300度角，300点，300日，或者300月，完成了25年 。重复第一个5年循环！这个5年将彻底结束我们所建筑的四面墙，是一个重要的角度。第6个60度 ，或者说360度，是时间因素规则中30年循环的终点。在一个45度角的位置上每个月运行1度的时候，市场完成顶部，这时一个立方体完成了，而一个新的又重复开始了。把我上述的观点和六边形图结合起来学习，将对你的理解非常有帮助。

1931年1月,威廉.戴伯特.江恩

中英文对照

Like causes produce like effects. Wireless telegraphy, the phonograph and the radio are based on this law. The limit of future predictions based on exact mathematical law is only restricted by lack of knowledge of correct data on past history to work from. It is just as easy to figure 100 years or 1000 years in the future as one or two years ahead, if you have the correct starting point and know the cycle which is going to be repeated.

相似的原因产生相似的结果。无线电报，留声机和无线电广播都基于这个法则。建立在精确的数学法则基础上的预测，对未来预测的深度广度，将受到认知缺陷以及缺乏所需的正确历史数据的限制。假如你有一个正确的起点并且知道哪一个循环将会被重复，那么你预测未来100年或者1000年就如同预测一两年以后的事情一样容易。

"A few years ago even scientific men, not alone the public, would have laughed at such a thing and refused to believe it. But mathematical science, which is the only real science that the entire civilized world has agreed upon, furnishes unmistakable proof of history repeating itself and shows that the cycle theory, or harmonic analysis, is the only thing that we can rely upon to ascertain the future.

在几年前，不仅仅是公众，甚至是一些科学家，都还在讥笑这样的事情（历史会重演）并拒绝相信它。但是数学，这个作为整个文明世界都一致公认的唯一真正的科学，对历史自身重演（这种现象）或者说谐波分析给出了明白无误的证明并展示了循环的真理，（数学）是我们探知未来唯一可以凭借的东西。

"'How do I forecast future cycles?' you may ask. In order to forecast future cycles, the most important thing is to begin right, for if we have the right beginning, we will get the right ending. If we know the cause of the effect, then there can be no doubt about predicting the future event or effect.

你可能会问：“我如何预测未来循环？”
为了预测未来的循环，最重要的事情是有个正确的开始，也就是说假如我们有一个正确的开始，我们就会得到正确的结局。假如我们知道导致结果的原因，那么之后我们就不会对预知未来事件或结果（这件事）产生怀疑。

"I have always looked for causes and when once I determine a cause I can always be sure of the effect or future event which I predict. IT IS NOT MY AIM TO EXPLAIN THE CAUSE OF CYCLES. The general public is not yet ready for it and probably would not understand or believe it if I explained it.

我总是在寻找（导致循环的）原因，一旦我确定了一个原因就总能确定使用这个原因所预测的事件或结果。我的目标不是解释循环的成因。假如我解释成因，公众也没有心理准备去接受它，可能无法理解或者相信它。（我对这段的注释：江恩的意思是说，他没有这个义务为公众去解释这个能够预测未来的原理，这个原理与大多数人的世界观和认知习惯相违背，不是每个人都愿意承认和相信的。）

"In every law of nature there is a major and a minor; a positive, a negative, and a neutral. Therefore, in cycles there must be a lesser, a greater and intermediate cycle, or cycles within cycles. Like Ezekiel says: 'Wheel within a wheel.'

在每一个自然法则中都会有主要和次要之分，它们包括推动趋势的积极的一面，消极的一面以及平衡但不确定的一面。因此，在众多循环中一定要有次要的，主要的和中间过渡状态的循环，或者说循环之中有循环。就象《圣经》的《以西结书》里说的“轮子之中有轮子”
（这段话国内翻译大多有问题，首先是词义理解不准确，大家可以对比一下，就不难发现，在这段话的用词上他们翻译的不够准确，不符合金融市场。也难怪他们，不做股票是翻译不好的。）

"Time is the great factor that proves all things. The measurement of time first originated and is based on the earth's motion upon its axis. One of the smallest cycles, or time factors, which repeats regularly in things that are very active and have a high vibration, is the four-minute cycle. The reason for this is that the earth moves one degree every four minutes. The next cycle is 24 hours, the complete time required for the earth to make one revolution upon its axis. That is how man measured his cycle of a day. The next important cycle is one year, the time required for the earth to move around the sun. This brings about the four seasons of the year. These are the minor cycles.

时间是考查检验一切事情的最伟大的因素。时间的测量最早发源于地球围绕它的轴自转并以其为测量基准。最小的循环或者说时间因素之一，就是4分钟循环，它是现行的在事物中均匀反复出现并具有高频率的循环。这个循环的成因是地球每4分钟要移动一度。另一个循环是24小时，是地球围绕其轴完成一次自转所需要的时间。这就是人类如何计量一日循环的方法。另一个重要的循环是一年，是地球围绕太阳运动一周的时间长度。这种循环带来了一年中的四个季节，它们是次要循环。


"The major cycles run in 100 and 5000 years with variations based on minor cycles. In order to be sure of world events and important changes, it is necessary to go back at least 1000 years and prove up the cycles. …

主要循环运行在100和5000年期间伴随着基于次要循环基础上的变异。为了确定世界性的事件和重大转变，有必要追溯到至少1000年前去勘探那些循环。

------------------------------------------------------------------------------
以上江恩的论述摘自《空中隧道》第7章，第75--81页

股海小鱼

这里再说两个问题，希望大家注意，

（1） 大家有没有看过郭小洲先生写的《江恩投资实战技法》一书，在其后附录了他翻译的《空中隧道》节选，他的翻译有些地方与原文相比有遗漏和比较大的出入，请大家注意

比如最后这段话:"The major cycles run in 100 and 5000 years with variations based on minor cycles. In order to be sure of world events and important changes, it is necessary to go back at least 1000 years and prove up the cycles. …

郭小洲先生是这么翻译的：“建立在次级循环上的主要循环，一般长达100年至5000年，若要确认大的事件和重要的变化，至少要回顾1000年以证实循环的存在。”

而其中“based on minor cycles”（基于次要循环基础上的）在语法上是修饰谁的？
是修饰“variations”（变异的）还是修饰“The major cycles”（主要循环）？
他没有体现“变异”这个单词的意思，这个词在翻译中被遗漏了，而这个词是如此的重要
大家自己去体会一下，另外“prove up” 虽然有“证明”的意思，但是在口语习惯短语就只有“勘探调查”的意思。循环不需要证明它也存在，而江恩的原意是“勘探循环”调查那段循环的成因才能知道如何重演。

我的翻译是这样的：主要循环运行在100和5000年期间伴随着基于次要循环基础上的变异。为了确定世界性的事件和重大转变，有必要追溯到至少1000年前去勘探那些循环。

另外还有一段

"In every law of nature there is a major and a minor; a positive, a negative, and a neutral. Therefore, in cycles there must be a lesser, a greater and intermediate cycle, or cycles within cycles. Like Ezekiel says: 'Wheel within a wheel.'

郭小洲先生翻译为:在每项自然法则中都包括：主要和次要，正、负和中性。所以，对于循环也存在着小型、大型和中型循环，或者说循环中的循环。正如以西结所说：轮中之轮。

我的翻译是这样的：在每一个自然法则中都会有主要和次要之分，它们包括推动趋势的积极的一面，消极的一面以及平衡但不确定的一面。因此，在众多循环中一定要有次要的，主要的和中间过渡状态的循环，或者说循环之中有循环。就象《圣经》的《以西结书》里说的“轮子之中有轮子”

不难发现，目前国内很多人在这段话的英语原文翻译用词上他们选择的不够准确，或者说不符合金融市场用语习惯。也难怪他们，对市场理解不够的话是翻译不好的。翻译不是直译，翻译的好坏还要看翻译者对原著作者思想的深入理解和领悟。

从这个例子，我怀疑目前国内对江恩理论的翻译工作，虽然我自己水平并不高，但我更愿意亲自看到原文是怎么说的，那样比看别人翻译好的中文能更好的理解江恩说了些什么。


（2）如果有条件的话，提示大家去看原版的《空中隧道》，这本小说充满字谜和隐语，没有读懂这本书的人。不要吹嘘自己破解了什么，知识不是吹出来的，吹牛的人最终会把自己也吹破的。

A Moon Beam Thru the Tunnel

通道里的一束月光

By Petter Ivar Amundsen
作者： 比得 爱瓦 阿莫恩得森

www.gudianw.com

The “Tunnel Thru the Air” is mysterious and contains a valuable secret, clothed in veiled language.” These are Mr. Gann's own words in the foreword of the novel. I have had the good fortune to discover a part of this secret. The reason for writing this article is to display the depth of his writing and inspire others to investigate its mysteries.

《空中隧道》是神秘的，它带有一个重要的秘密，掩盖在隐含性的语言中。这是江恩在他的小说前言里自己说的。我幸运的发现了一些秘密。写这个作品的原因是为了展现他的理论并给所有研究他的理论的人一些启示。

Have you ever considered the title of the book? “The Tunnel Thru the Air or, Looking Back from 1940”? Strange, isn't it? The title will, however, give us two clues. The first is the slang spelling of the word through, the second is the year 1940. The last date in the book is in 1932. I was also puzzled by the fact that the subject of the title, the Tunnel, played merely a minor part in the plot. The story could have worked well without this artifact. There might just be a hidden meaning here somewhere...

你有没有仔细考虑过书的题目？ 《空中隧道》或者“从1940的回顾”？很奇怪是不是？
题目就是这样，它给了我们两个线索。第一个是用乡间俚语拼写的“通过”(Thru)，第二个是1940年。在书的最后结尾时间是1932年。我仍然对题目存在疑惑，”通道” 这个词在这个秘密中只扮演了很小的角色。这个小说故事没有这些东西也可以表现的很好，这个题目一定是隐藏了什么东西。

Another curious fact is the frequent use of the number 69. Robert Gordon was born on 6.9.1906. He occupied an office on 69 Wall St. and the Jonah “key” is on page 69. What if Mr. Gann was hinting at the Zodiacal sign Cancer, which is symbolized by this figure? When I consider the Jonah parallel, that the “Son of man (would) be three days and three nights in the heart of the Earth”, I cannot help thinking about the moon's disappearance during a lunation. It is invisible for three days and three nights. You could also say that it is “in the heart of the Earth” as it is placed directly between the Sun and the Earth, just as the voice of our heart receives the light of our Lord. The Son of man, Jesus, was the perfect reflector of the light from above. Cancer is ruled by the Moon.

另一个古怪的事情是频繁出现的69这个数字。罗博特戈顿出生于.1906年6月9日。他在华尔街的办公室是69号，约拿的启示是在69页。江恩是不是想暗示具有这种符号外形特征的，在12黄道上的巨蟹座？当我看到和约拿同时出现的那句话“基督在地心上三个白天三个晚上”我真的不能想象在一个阴历月期间月亮会消失，它将会消失三天三夜。你也可以把“在地球的中心上”说成是直接放置在地球和太阳之间，作为发自我们内心的声音感受到来自上帝之光。圣子，基督，在空中是一个非常好的光反射体。巨蟹座被月亮所控制。

On page 177 we find the first encounter between Robert and an astrologer. Robert wants to know how and when he will meet his Marie, and Professor Joyful, as he is called, tells him that they will reunite in New York, since this city is ruled by Cancer and his radix Venus is in this sign. On page 248 there is the letter from the Canadian astrologer who points to the heavenly constellations at the time Marie disappeared. Venus was about to change signs from Cancer to Leo and was separating from, among others, Mars. In the last sentence of the letter, he said that a progressed conjunction between Venus and Mars would bring her back. There are several methods for progressing a horoscope and progressing alone is not accurate enough to explain why they would meet at that date in 1932. What the statement does, is to throw some light on the association between Robert and Mars. The association between Venus and Marie is already well established.


在第177页，我们发现罗博特第一次和一个占星家相遇。罗博特想知道他将在何时怎么样的情况下会见到他的玛利亚，而卓尔佛教授，正象他叫的名字一样，告诉他在这个城市被巨蟹座所控制，并且他的主命星金星在这个符号下的时候他们将在纽约重逢。在248页上有一封来自于加拿大占星家的信，指出了玛利亚失踪时的天体星座。金星发生转向并变换了符号，从巨蟹座变换到狮子座并从那天开始分离，恰好在它们之间又出现了火星。在这封信的最后一句，他说火星和金星的重合在发展中，这个重合可以使她回来。这里有几种方法来对分析诞生星位，而这种单一的分析并不能充分的说明为什么他们会在1932年的哪天相遇。这个叙述所要做的，是想抛出一些明确的观点来使大家在罗博特和火星之间出现联想，在金星和玛利亚之间产生联想，这一点是肯定的。


If you cast a horoscope for the time and place Marie wrote her farewell note to Robert ( June 5, 1927 - 3 a.m.), you will find that Venus and Mars is within orb of conjunction in the sign Cancer. They would not share this sign until August 1932! There would be several conjunctions between the two planets, but none in Cancer as viewed from the Earth. But what about the incident in Paris, mentioned on page 241, where Robert was sure he saw Marie? If you look up your Heliocentric Ephemeris you will find that “in the latter part of February 1929” there was a conjunction in Cancer! No wonder why the morning was “sunshiny”!


假如你按照玛利亚给罗博特写下辞别信的哪个时间和地点计算一个诞生星位图的话（1927年6月5日凌晨3点），你就发现金星和火星象球一样的在巨蟹座出现重合。它们不能分享这个黄道宫，这种状态一直持续到1932年的8月。这期间它们两个天体之间也出现过几次重合，但是没有一次是从地球这个角度看上去处于巨蟹座的时候。此外关于巴黎发生的事件，在241页被提及，在那里罗博特确信他看到了玛利亚。假如你查阅以太阳为中心的星历表你就会发现在1929年2月的后段时间，出现了一个在巨蟹座的重合！
不要惊讶为什么早晨阳光灿烂！

I hope you see the pattern here, but one important question remains. Why did they reunite around 11 a.m. on August 30, 1932? Why that date and that time? Mr. Gann was careful to write 3 a.m. on the farewell note. Could we not suspect that the timing of the reunion should be as accurate?


我希望你能明白这里的分析模式，但是一个重要的问题依然存在。为什么他们会在1932年8月30日的上午11点钟左右重聚？为什么是这个日期和这个时间？江恩非常仔细的在辞别信上写上了凌晨3点钟。我们能不去猜想重聚的时间是早就确定的了吗？


It is here we must confer the moon. If you cast another horoscope for the exact time and place of this final event and check out the position of the moon you will get the answer. The Moon is at the exact same spot it occupied when they were separated! This event is called a Lunar Return, just as any anniversary date is a Solar Return. Mr. Gann must have been doing some detailed planning to mold this plot together! But it does not stop here. Now it is time to look back to the title.

这里我们要与月亮交流一下。假如你按照这个最后的情节和事件的精确时间和地点计算另一个出生时的星象图，并检查月亮的位置，你就会找到答案。在他们分离的时候（罗博特和玛利亚分离的时候）月亮精确的占据了同样的一个位置点。这种天文事件叫做回归月。就象一些周年纪念日处在太阳回归的位置一样。江恩一定是做了大量的详细的计划来将这些同小说的情节糅合到一起！但是这里并没有停止，现在应该回顾到标题了。

股海小鱼

“The Tunnel Thru the Air.” Doesn't it strike you that there is a similarity between this title and “The Lunar Return”? It sure made me take a closer look. The only problem appeared to be that you'd need an extra “r”. Hey, wasn't there a subtitle? I grabbed my game of Scrabble and wrote the whole thing, subtitle, numbers and all across our coffee-table. I tried several possibilities but nothing made sense. What about the number? Maybe it could be 0419 and point to some important page? No, the book is “only” of 418 pages.

“空中隧道”你有没有发现在“The Tunnel Thru the Air”和“The Lunar Return”有几分相似？它的确让我做了仔细的观察。但是唯一的问题出现了，你需要额外找到一个“R”。恩，这里不是有一个副标题吗？我开始了我的填字游戏，把所有的值得关注的东西写了一桌子。我尝试了几种可能性但是没找到什么感觉。这个数字有什么问题吗？是不是可能是0419并指向一个重要的页码？不是，这本书一共才418页。

Suddenly it dawned on me. Numerology! The numbers are letters, just as letters are numbers! Using the Pythagorean method and replacing zero with the letter “o”, it took only ten more minutes before I had the solution. The new title that emerged made sense, no letters were left over and it seemed I had the original idea for Mr. Gann to write the book! Why he would start with the mother, Amelia Gordon, and why he would end it as he did. Do you want to know the hidden title? Here you go: “From the Lunar Return, looking back to his mother.”

突然我就明白了。数学命理学！这些数字就是字母，就象字母代表数字一样！使用毕达哥拉斯的方法并用字母“O”替换掉哪个零，我只用了10来分钟。新的标题逐渐浮现出来了，左边没有多余的字母，看起来我找到了江恩最初写书的最初想法了。为什么他要从母亲开始写起呢，亚美利亚-戈顿，以及为什么他要终止它正象他所做的那样，你想知道隐藏的标题吗？它就是“从回归月回望他的母亲”

-----------------------------------------------------

记得有位署名“真心天诚”的先生写了一篇文章，居然号称他破解了江恩小说《空中隧道》的秘密 。当然卧他文中一些观点和解释值得肯定，对朋友们解读江恩有些帮助，但是，是否有点吹牛和肤浅，看完国外专家的研究文章，相信朋友们自己会做出正确评价的。目前内地对江恩研究仍缺乏资料，只是井底之蛙。香港的黄柏中先生所写的书籍全面的介绍了江恩理论，但也有很多问题，而且只是泛泛的谈。如果想深入学习，就需要寻找更多的国外资料。

附录

=====================================================

I Asked Mr. Gann: "What Is The Cause Behind the Time Factor?"

我问过江恩先生：“时间因素背后的原理是什么？”

He smiled and said:
"It has taken me twenty years of exhaustive study to learn the cause that produces effects according to time. That is my secret and too valuable to be spread broadcast. Besides, the public is not yet ready for it".

他微笑着说：“我花费了20年的时间彻底的学习这个原理，提出事物发展将依照时间的影响”这是我的秘密，并且由于它太贵重太有价值了以至于绝对不能广泛散播。除此之外，公众也没有心理准备去接受这个原理”

"Water seeks its level," continued Mr. Gann.
"You can force it higher with a pump, but when you stop pumping it requires no force to cause it to return to its former level.

“水往低处流”（英语成语），江恩先生接着说道：“你可以强行用抽水泵使它到更高的水位，但是当你停止泵水时，不需要任何外力施加给它因为他要返回到它从前的水位去

Stocks are the same. They can be forced above their natural level of values to where lambs lase all fear, become charged with hope and buy at the top. Then stocks are permitted to sink to a level where hope gives way to despair and the most rampant bull becomes a bear and sells out with a loss. My discovery of the time factor enables me to tell in advance when these extremes must, by the law of supply and demand, occur in stocks and commodities"

股票市场也是同样的。它们可以被强制的超过他们自然的价值水平，并象一群失去警惕的小羊羔，变的很有激情，充满希望的在顶部买入。在这之后股票开始堕落到一个可以使你的希望崩溃成绝望的水平上，最猖狂的疯牛变成了狗熊让你卖出就要承受损失。通过股票和期货市场中的供求规律以及我对时间因素的发现，使我能预先知道这一切在什么时候一定会走到尽头。”


ECCL 1:9 of BIBLE

" What has been is what will be, and what has been done is what will be done; there is nothing new under the sun."

“过去已发生过的事情，以后还会发生，过去已经做过的事情，以后还会再次做，阳光下没有任何事物可以说它是新鲜的。”--《圣经》


ECCL 1:7 OF BIBLE

"All streams run to the sea,but the sea is not full; to the place where the streams flow there they continue to flow."
“百川归海，海水却永远不会满，江河从何处流就仍归回到何处”--《圣经》

The Moon and the S&P 500

月亮和标准普尔500指数

Dr. Hans Hannula

汉斯 汉诺拉 教授

Moon Tides 月亮潮汐

股海小鱼

There is absolutely no doubt that the Moon has a major influence on the S&P 500, especially during the trading day. This influence comes from a real, physical cause and effect relationship.
Everyone knows that the Moon has a strong effect on the oceans. It pulls the ocean waters into massive tides. On the average the Moon raises the entire ocean surface about six feet as the earth rotates. In a particular bay, the rise and fall may be far larger, due to the shape of the bay. In the Bay of Fundy, tides can rise 50 feet. So in ocean tides, there is an average level, and a "personalized" level for each bay.

不用怀疑月亮是主要影响SP500的因素。尤其是在交易日期间，这种影响是真实存在的，有因果关系的。每个人都知道月亮最大的影响是对海洋的影响。它拉动海洋的水出现巨大的潮汐。在地球自转的同时，月亮能够将海平面拉起平均达到6英尺的水平。在一些特殊的海湾，这种起落会非常的巨大，在FUNDY海湾，潮汐可高达50英尺，所以在海洋潮汐过程中，这里只是给出一个平均值，针对每一个海湾都有它自身的潮汐特点。

The same thing applies to the effect of the Moon on markets. There is an average effect, and a "personalized effect." But what is it that is being tugged by the Moon? What links the Moon to the intraday price swings? The link is through the earth's electric field. As the solar wind carries ionized particles from the sun, they form a charged layer around the earth, called the ionosphere. That layer charges up to about +300,000 volts. The earth's surface, upon which we stand, is the zero volt end of that battery. You, me, all of us, stand in that electric field. It places a voltage of about 250 volts on our heads. It causes a current of 250,000 nanoamperes to flow though us. Our brains work on currents near one nanoampere. So these external currents are much, much larger than our bio-currents. When these currents surge, we feel them as emotions. And when we feel emotional, we trade emotionally! So prices move up and down with tides in these currents. These tides can change 20 percent in a few hours.

同样的影响结果也同样出现在市场上。这里有一个平均影响，还有一个“个体”影响。但是月亮是怎么拖拉价格的呢？月亮和日间价格波动之间存在什么样的纽带？这个纽带是通过地球的导电的区域来实现的，就象太阳风从太阳带来大量的电离粒子，它们形成了一个非常活跃的层包饶在地球外面，被称之为电离层。这个电离层的电负荷高达30万伏特。在地球的表面，就在我们站立的地方，是这个巨大电池的零电位。你，我，所有人，站在一个导电的领域里。我们头顶上大致有250伏特的电压负荷。它导致了一个250，000毫微安的电流流过我们。我们的智力活动只需要大约一个毫微安的电流。所以这些外部的电流太大了，比我们自身的电流大很多。当这些电流出现汹涌澎湃的波动时，我们就会把它释放成一种情绪化。而当我们变的情绪化了，交易就建立在情绪上面了。因此价格的上升下降就和这些电流的潮汐逐渐趋向一致。这些潮汐可以在几小时内改变20%。

The Moon is a major contributor to these tides in the earth's electric field. At new Moon, the Moon is between the earth and the sun. It traps charges, lowering the voltage on the ionosphere, and on us. We feel down and sad. At full Moon, the Moon reflects charges that have passed the earth back into the ionosphere, raising the voltage. We feel giddy and happy. We trade according to how we feel.

在对地球电离层的潮汐影响上，月亮是一个主要的贡献者。在新月，月亮是处于地球和太阳之间的。它挡住了电荷（挡住了太阳风），使电离层的电压降低，也使我们身体上感应的电压降低。我们就感受到低落和悲哀忧愁。在满月，月亮反射那些已经穿过地球的电荷使他们再回到电离层，使得电压升高。我们感到兴奋和快乐。而我们交易是按照我们的感觉来进行的。

As the earth rotates, it moves the stock and commodity exchanges past the Moon every day. It moves them under the Moon, away from the Moon, and to Moonrise and Moonset positions. These four positions can be found in the intraday price actions of stocks and commodities. Each stock or commodity has a different sensitivity to these electric tides. Just as the shape of a bay determines the response of the bay to the average tides, the nature of the market determines the response of the market to the Moon tides in the earth's electric field.

因为地球的自转，使的股票和期货的交易每天都通过月亮，它会驱动它们处于月亮之下，远离月亮，月出，和月落的位置。这四个位置可以在股票和期货交易的日内的价格波动中找到。每一个股票和期货拥有一个不同的针对这个电流潮汐的敏感性，就象一个海湾的形状决定了它对于平均的海洋潮汐的反应。市场的自然属性决定了市场对地球电离层月亮潮汐的反应。

Learning to compute tides has taken mankind several hundred years. Only with the invention of the computer and intense mathematical modeling has the goal been reached. So it should come as no surprise that the Moon's electric tides have not been computed - until now. After many years of effort, I have learned to compute the Moon tides that effect the S&P 500. This is a very difficult task, and one I am proud to have accomplished.

学习计算潮汐已经花费了人类几百年的时间。仅仅因为计算机的发明才使得精细的数学建模的目的可以完成。所以直到今天还没有对月亮的电子潮汐进行计算就没什么奇怪的。在几年的努力之后，我可以计算月亮潮汐对SP500指数的影响。这是一个非常难的作业，作为自豪的原因之一是我完全熟练的掌握了数学模型。

Unlike the ocean tides, there are TWO Moon tides, a positive one and a negative one. They are caused by the counter-rotating waves set up in the earth's electric field. So one never has a perfect picture of which way prices will go, just when they will turn.

和海洋潮汐不同，这里有两个月亮潮汐，一个阳性，一个阴性。他们是导致在地球电场上形成逆向旋转波动的原因。因此不可能有非常好的图形方式去勾画价格将要运行的轨迹，更何况什么时候转向。

This is what leads to chaos is markets. The two forces work against each other, as the buyers and the sellers compete. When these forces balance, prices congest. When one force wins a temporary advantage, prices move rapidly - we call that chaos. Several examples will show just how powerful the Moon is in the S&P 500.

这就是市场的混沌。这两种电荷的力量互相冲撞，好象市场中的买家和卖家，空头和多头的竞赛。当这些电荷力量达到平衡时，价格好象也好象拥挤在一起，窄幅震荡。当一种力量暂时赢得优势时，价格就出现快速运动，我们称其为“混乱”。几个事例将向你展示月亮是怎么有力的影响SP500指数的。

为国

good

风舞九天

谢谢提供

kop123

very good,thx very much

zzl2001

先顶后学。

mcwhmm

楼主整理的很不错啊~~谢谢！

mcwhmm

原来是03年的老贴~~

xyzabc

哪里有可以做标记的六方图呢？

xyzabc

圈数        次序                点位
2        7        1991.6        114-137
3        19        1992.6        1429
4        37        1993.12        1044
5        61        1995.12        658-550
6        91        1998.6        1422
7        127        2001.6        2245
8        169        2005.1        1189-1265
9        217        2008.12

wbghgc

收藏，漫漫学

lsp1999

感谢学长。感谢论坛这个平台。

369258208

那些花儿

顶贴赚分

时间尺

好贴不能沉!

南山小猫

sharonlixie

lipg

transit2563

1000年前宋朝鼎盛時期
1000年後中國站起!
謝謝樓主

浮萍

月回归