Dear Member, I am very pleased to present this second part of our Foundation history overview – this time covering the years 1960 through 2000. To put this portion of our series together, we dug into our archives and various Web sites to bring you some “scrapbook” memories. There is so much history behind the Foundation that if we gave any more than a cursory overview for each decade, this e-mail would be likely be 100 pages long – which obviously wouldn’t work for most of our members. So, our apologies if we fail to mention some our amazing past board members, many of whom are legends in their fields. We’ve undoubtedly left out many important names, but will hopefully include mention of them in future articles. Without further adieu, I present to you, part 2 of our Foundation history: The 1960s
Our Directors in September 1964
One of our most influential leaders and financial backers was the legendary W. Clement Stone. "You
affect your subconscious mind by verbal repetition." Stone was the first major success story born from the
research and teachings of Napoleon Hill,
legendary author of the world’s all-time best-selling success book titled Think and Grow Rich.
Here’s a snippet from a 50th Anniversary letter:
From Wikipedia: Stone ran $100 into millions with a strong desire to succeed and by putting into practice the principles in the book Think and Grow Rich by Napoleon Hill.[1][3][4] He was the living example of the proverbial rags-to-riches protagonist in Horatio Alger's stories he loved so much. Eventually he became an 'angel' to others lifting some from the gutter, to incredible heights. A quote from a New York Times article “Clement Stone Dies at 100; Built Empire on Optimism”: Mr. Stone lived his life as a prime exponent
of his own version of Norman Vincent Peale's ''Power of Positive Thinking'' and
Napoleon Hill's ''Think and Grow Rich.'' He emphasized using a ''positive
mental attitude'' to make money, both for himself and for the millions of
people who became his disciples through the self-help books and magazines he
wrote, edited and published.
Some of Stone’s inspirational quotes: “I
feel healthy! I feel happy! I feel terrific!”
“Be careful the environment
you choose for it will shape you; be careful the friends you choose for you
will become like them.”
“Aim for the moon. If
you miss, you may hit a star.”
“All
I want to do is change the world!”
“Be generous! Give to those
whom you love; give to those who love you; give to the fortunate; give to the
unfortunate; yes — give especially to those to whom you don’t want to give.”
Additional quotes from W. Stone on the subject of “generosity”, an attitude that Stone considered essential for success, can be found here. Below is a snippet from Stone’s book that he co-authored with
Napoleon Hill titled, Success Through a Positive Attitude; discussing cycles, Edward R. Dewey and the
Foundation.
Synchronistic Correlation with Our More Recent
Software Developments:
In the 2000s we introduced Techsignal Intraday. This period matched up with the Foundation in the 1960s when Stone was Chairman. During his tenure, Stone began getting more traders involved with and interested in the Foundation’s work. He also donated over $1 million to the foundation to help further our research. Also in the 1960s, The New Yorker magazine published a fascinating article about Edward R. Dewey titled “Something Out There,” by John Brookes, 1962.
The New Yorker magazine; “Something Out There,” by John Brookes, 1962 The 1970s
Our Directors, February 1970 included…
Also strongly associated with Dewey, the Foundation and W. Clement Stone, was the famous author, Og Mandino—author of “The Greatest Salesmen in the World” among many other best-selling “Positive Mental Attitude” titles: W. Clement Stone mentored Mandino: “One of his great successes was the famed Og Mandino, an alcoholic at the
time whom Stone took under his wing. The relationship engendered a new life for Mandino who became the publisher of Success Magazine at the time.”
Here’s a letter Dewey wrote to members about Mandino’s book on cycles:
In cycle synchrony with this period, came the introduction of Techsignal Enterprise. This version of Techsignal matched what was happening in the 1970s when Paul Tudor Jones got involved with the Foundation. With Enterprise, we began deriving buy/sell signals for individual assets using technical indicators at close of market day and by cycle turns. We also learned in the 70s that it’s not a good idea to trade a composite cycle draft. These composites are for projections only, not predictions. R.I.P. Edward R. Dewey
The 1970s also saw the passing of our esteemed founder, Edward R. Dewey, whose work undoubtedly lives on.
The 1980s
The 80s saw the passing of the torch from W. Clement Stone to a new Executive Director, Clarence “Bud” Coleman, son of W.C. Coleman, founder of The Coleman Company, Inc, best known for being the world renowned manufacturer of camping gear.
Also during the 80s, billionaire hedge fund titan, Paul Tudor Jones, began working with the Foundation more closely. You can read a more complete profile for Jones here. Tudor’s firm now manages over $19 billion in assets and Tudor’s 2010 net worth was reported to be over $3.2 billion. Tudor generously provided a great deal of funding to help
further the Foundation’s research
Jones is said to have predicted Black Friday in 1987 when he tripled his money on short positions. His crash prediction, along with his mention of “cycles”, was mentioned in the movie “Trader” – of which he bought up all available copies… some say to protect some of his trading secrets that may have unintentionally been revealed during the film. The film “Trader” is a fascinating PBS documentary that many of the Foundation members who are traders may find quite interesting. To quote a blog post about the movie ‘Trader’: This is hedge fund manager & legend Paul
Tudor Jones in his element. He is notorious for predicting and profiting from
the stock market crash in 1987. The video takes you inside Tudor Investment
Corp back when they were only 22 employees large and managing around $130
million. Today, obviously, they are much, much bigger.
If interesting, we found the film online* at http://www.tudou.com/programs/view/XH5W4vffBbY/
*You can enlarge the
“Trader” video to full screen by clicking the “rectangle with the arrows in the
corners.”
Unquestionably one of the brightest cycle analysts the Foundation has seen is also one not one lacking in controversy. Some have called him the original “Bernie Madoff” – although we will probably never know if allegations against him were true or not in light of what may have been a highly “coerced” guilty plea. As one person told the story, the United States CIA (Central Intelligence Agency) phoned Armstrong at the Foundation asking him to come down to their offices and explain how he was able to predict the market so accurately. His response to them was somewhere along the lines of “Fu*k off!” … just before reportedly slamming the phone down on the agent. If this story is true, this was probably not the wisest response. Subsequently an investigation was launched and he was jailed for 7 years for contempt … perhaps the longest time anyone was ever held for such a charge. So, perhaps it wasn’t really about his financial dealings. His daughter doesn’t think so: According to Armstrong's daughter Victoria
Armstrong, "It took nearly 30 years for my dad to develop this model and
his refusing to turn over its source code to the government is a big reason why
he has been held in jail for over 7 years without a trial. His model was his
life’s work and his passion that ultimately landed him in jail. Although it's
great to hear people that have benefited from his insight, after seeing what
has happened to him I wish he kept it to himself."
Marty is still in jail at Ft. Dix, a low-security facility, where he’s still writing newsletters from jail on an old typewriter. In 1990 The New Yorker wrote an article about him titled The Secret Cycle: Is the financier Martin Armstrong a con man, a crank, or a genius? You can access that article at The New Yorker or on Scribd. Incidentally, Marty doesn’t think we’re about to see a recovery anytime soon and neither do we…
The above snippet is from Armstrong’s Jan. 5, 2011 newsletter. An unofficial website sharing various Armstrong newsletters begins with: Martin Armstrong,
America's #1 Political Prisoner, author of the Economic Confidence Model based on an 8.6 year business
cycle theory inspired by the work of Nikolai
Kondratieff. You can learn more about Marty and read some of his
newsletters at this site: http://www.martinarmstrong.org/economic_projections.htm
Coinciding with this period, we introduced Enterprise Intraday, which coincided with Tudor’s focus on intraday trading. The 1990s Our director during this period was Peter F. Borish, legendary hedge fund manager and right hand man to
Paul Tudor Jones. He was also interviewed in “Trader.”
Borish introduced various trading strategies to the Foundation that coincide with the introduction of additional technical indicators into Techsignal. He was a founding partner, vice president and Director of Research for the Tudor Investment Corporation. He began his career began at the New York Federal Reserve Bank where he monitored Forex futures and options.
A brief background:
To keep with your decade correlation, after Enterprise Intraday, we developed the Techsignal Elite platform. This version was the first to generate signals based on both technicals and Quant (quantitative analysis) and matched with Peter Borish’s tenure in the 1990s. The FSC received a 6-figure grant from Borish in exchange for faxing him cycles signals every day. Following Elite, we introduced the last in the Techsignal line – Techsignal Ultimate. This version was released after we brought the foundation back from hiatus in the late 90s, early 2000s. This version included the ability to automatically scan entire portfolios. In 2000 we finally had ability to scan full portfolios of stocks due to the increased computing power of Pentium chips. By this time we could scan an entire stock portfolio in the time it would take to scan a single stock in the 1990s. To Wrap it Up…
There’s much more to our history that has occurred in this 40-year span, obviously, but we’ll bring this section of our historical overview to a close now. We apologize if it seems a bit “rag tag” but, again, we’re doing the best we can with the time available. Just as we did with Part 1 of this series, we will be honoring our history from 1960 through the 1990s with several deep discounts off our already low 70th Anniversary special prices. These discounts will be available only until the next installment of our history (Part 3) is released, which will be in the next day or two. So, if any of these specials sound good to you, best hop on them fast, as they will be ending momentarily. With our sending of this email, any discounts offer in Part 1 have now expired. I hope you’ve enjoyed this stroll down memory lane. If you have any questions about the Foundation, or any comments regarding this historical series, please feel free to write me at admin@cycles.cc. I’m also happy to answer any questions you may have on any of our products or services, and donations are always GREATLY appreciated and are what allow us to continue our research. Sincerely, David M. Perales P.S. (Yes, there must always be a P.S.!) We did our best to pull this history together rather quickly given our busy schedules here. If you find anything doesn’t quite seem 100% accurate, let us know so we can publish a correction… though we think we got it right. P.P.S. With so many legendary figures standing behind the Foundation and its research, it is clear that each of these powerful men recognized – and greatly profited from – the Foundation’s research. And yet, each of these great men came before we finally “cracked the code” on cycles with Zarathustra when we had to rely on only the “shadow” cycles received here on earth. How much greater then will the future Foundation “giants,” “titans” and “legends” be when they base their work upon the actual cause of cycles? A whole new adventure is about to begin, and the next 70 years look to be even more exciting than the first 70! P.P.P.S. Great news! We just had another breakthrough with Zarathustra. These seem to come quite regularly providing we have enough time to actually focus on research. Such breakthroughs would undoubtedly be in far greater abundance if our members would respond more enthusiastically to our shameless “mendicant pleas” for funding. Our discovery last night involves a “saw-tooth” cycle pattern, as opposed to the sinusoidal pattern that has mostly been studied by the Foundation up until now. And, it involves a signal that terminates at one end—presumably the point of origin. It’s pretty amazing stuff, which I’ll share more about soon. Final P.S. ALL of our 70th Anniversary specials will be ending February 3 (extended due to email delivery issue). This is really your last chance to save big on Techsignal, Zarathustra and the 24k Club before prices increase… some of them significantly. Please see links below to order. We greatly appreciate your financial support and know these tools will be of great benefit to you as you acquire, learn and use them. Techsignal Professional Intraday: Reg. $1,558. Now $660 Techsignal Enterprise: Reg. $2,417. Now $777 Techsignal Enterprise Intraday: Reg. $2,417. Now $888 Techsignal Elite: Reg. $3,316. Now $999
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In the mid-80s, another colorful character and high-powered
investor named 
