Let us take another word; ballow ptiXAta (Greek) which as the dictionary reveals, means the ball. However, shifting the letter beta back into f, we have the word "fallen" in German which means to fall, to drop. The balloon, no doubt, has its name from bailo, the (&>) (Greek letter omega) being a double oo (w). Therefore, it also means to fall, or that which falls. One may object to this and sa.y: a balloon rises in the first place and goes down, only by secondaiy sequence. However, we say: the first thing ¡s thé cause; the second thing is the e¡¡ec¡ of the first... In other words, what goes up, must come down, such as is the case with stock market prices or wirh the value of securities in general. Therefore, when we analyze Greek words, we have to consider constantly that what is said is said oj itj cjjrct and not oj its tame. In this idea is hidden the art of foresight, of prediction, of finding out future events. When a balloon, such as a stratosphere balloon, stares on its journey, everybody seems to be anxious to sec it get started ; tiiey care very little about how it ever comes down agtain, where it will land or whether the occupants will survive the high altitude. I presume that most of my readers will have some training in economics or some experience trading in markets, i.e. trading stock or commodities. These markers grVe an ideal field to illustrate all those things which I am. trying to explain. Let us assume we were watching the muket back in Spring of 19*42. Prices were low; nobody wanted stocks or commodities. The voiume of transactions was very small. On the New York Stock Exchange we found that for many weeks, only about 500,000 shares changed hands. They all were available, but nobody acted. This is when the Stock Market "balloon" was ready to go into the stratosphere. The so-called Dow Jones averages were around 92 or ?3. Mind you, what 1 said: The public was looking, but not acting. The get-away was easy, because there were but few aboard. Of coursc, we constantly must bear in mind, whenever we speak or compare stock movements, that the entire volume of shares, distributed among the public by corporations, is AT ALL TIMES the same, never more, never less. What moves is the price of the security and not the quantity of shares outstanding. The quantity of shares traded each day has a movement within itself, a sort of a secondary movement which rises and falls, too, the same, as the price of the security. Up we went. As we did so, the price of the stocks appreciated. The volume of transactions increased. The higher we went in the price, the more shires changed hinds, or, in other words, the volume of transactions increased. When the balloon gets into the stratosphere, ic gradually enters thinner air, until it reaches a spot where the balloon just won't go no farther. This compares to the saturation point in the market. Prices are very high and good-looking; volume is tremendous; from, an original 300,000 shares transaction' each day when we were around the low level, we find 2 million shares changing; hands right along. This represents our doxa, "glory and fame"; in other words, the Oxen. Newspapers bring reports abour splendid earnings, about this new and that new era (such as they spoke of during the summer of 19291), of plenty for all. "But that place is what the ancient German wizards called doxa, the oxen, who don't see that a balloon is really a "ballo", one that has as its "effect" the jail. Stocks are then at dizzy heights; now, when glory and fame represent the very same, it is no wonder that those who are coming into glory and fame are also due to get dizzy and don'c see the abyss, vide Mussolini, Napoleon, most likely, after a while, Mr. Hitler, tool
This is why in ancient works we are constantly reminded of the "Golden Middle Way ", that is an area beween the low level and the high level. In that case one can fly. Some thought they could fly faster in aeroplanes, if they first would rise into the stratosphere and: then shoot through, just below the "ceiling" and drop only out of the stratosphere at the place of destination. See price chart of »'heat for 1904 to 1905 during the Russo-Japanese War, which is annexed to my "Handbook of Trend Determinations". But, you figure out now which is better and safer.
W; are getting off Che subject. This will happen to us rather often, in this work, since we ate trying to etect a tree which has many branches and twigs.
To describe such a tree it is essential that -we entec one branch, describe it and its twigs which gradually end, as we all know, requiring the stepping back into a larger branch, else we "ballo" off the tree.
This here work is not going to be a Grammar or a work wherein things ace described systematically, paragraph by patagcaph, but it may be considered to become the painting of the "Tree of Life", in which we climb around and see whatever can be handily seen.
I am merely going to take my Greek dictionary, of some S lbs. in weight and page ac random for several words, which I shall explain, as far as their meaning is concerned, giving, whenever possible examples for illustration. The first word selected is:
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