I never thought, even in my wildest dreams, that I would ever write this book ... much less publish it.
However, an almost unnoticed ad in a national newspaper in the sum-mer of 1990 started a chain of events that resulted in the publication of this book.
On the day the ad was published, two of the Delta Directors (from dif-ferent parts of the world) called me regarding the ad. They were con-cerned that the Delta secret, for which they had each paid $35,000 to learn was out! •
One of them faxed the ad to me and I must admit I was shocked and alarmed by what I saw. Someone (whom I shall call Gary Mackhan) was looking at me, stating that he was offering a book for sale which revealed the secret of "the most important discovery ever made about the markets."
The ad layout and wording was almost exactly like the ad I had pub-lished in newspapers and magazines all over the world in 1985 and 1986 regarding THE DELTA SOCIETY INTERNATIONAL. The picture of George Marachal`s chart ... the statement that the turning points on the same two time frames could be predicted ten years or more ahead . . . and even the accuracy ratings (slightly changed) were all as in my previ-ous ad. I knew immediately that nothing on this planet but The Delta Phenomenon could make the claims that were in that ad.
Not only was I astonished that someone was publishing a book about Delta, but he had the audacity to use my ad to try to sell it!
First, I tried to obtain a copy of the book, but was told that it would not be ready for three or four weeks. Next I tried to contact Gary Mackhan, but was unsuccessful. Then I called an emergency meeting with my attor-neys and we set out a course of action. We sent Mr. Mackhan a regis-tered letter demanding that he cease immediately from publishing my ad and expressed our fears that he was knowingly involved in an illegal scheme that involved a breach of contract . . . etc. We also asked for a book.
This book is published by and available from
THE DELTA SOCIETY INTERNATIONAL P.O. Box 128
5615 McLeansville Road McLeansville, NC 27301
It is the intent of THE DELTA SOCIETY INTERNATIONAL to publish and maintain the availability of
THE DELTA PHENOMENON or
THE HIDDEN ORDER IN ALL MARKETS
The price is one hundred and seventy-five dollars.
The technique for utilizing the concept and underlying materials as disclosed herein is the subject of pending patent applications. Such patent rights will be strictly enforced against violators.
©Copyright 1991 The Delta Society International
All rights in the text and materials herein are reserved to the copyright owner. Reproduction of these materi-als in whole or in part is prohibited without the written consent of The Delta Society International.
We informed all appropriate magazines and newspapers that Mr. Mackhan was about to be enjoined in litigation regarding plagiarism of my ad copy and warned that publication of the ad might involve them in the litigation.
Mr. Mackhan hired a lawyer who exchanged letters with my attorneys. He admitted nothing and tried to defuse the issues. He would not send us a copy of the book and finally stated that Mr. Mackhan had decided to do more research and rewrite the book . . . whatever that means!
It was obvious to all involved that the secret was out and it was only a matter of time until someone would try to capitalize on it. It was also obvi-ous that one of the Delta Directors had broken his contract not to reveal the secret.
I must admit that at first I was devastated by this turn of events. Then, gradually, as I began to consider the options, a plan began to take shape.
First, I would obtain a patent on the Delta secret. Then I would write the only original and proper book revealing it in its entirety. I would give back to the Delta Directors three-fourths of the profit from the book. Although the book would fully reveal everything I had taught to each Delta Director who came to Greensboro to learn the secret, it would not give solutions or future turning points for ail markets.
To do so would be a breach of trust to the members of THE DELTA SOCIETY INTERNATIONAL who get this information every year until the year 2000.
The book would enable anyone who purchased it to duplicate the work that Jim Sloman and I had done in solving any market for Delta on any of the five Delta time frames. This would then enable him to develop computer programs that would give future dates for any market. How-ever, since the Delta Phenomenon is patented, he could not dis-tribute or sell this information ... but he could use it for himself.
The more I considered this plan, the more it appeared that the gains to everyone outweighed the losses.
The Delta members would continue to be the only exclusive group to get the future Delta turning points and my monthly members letter which maintains a constant update on all markets and points out the best trading situations developing in all markets on all but the Short Term Delta time frame. They would get a copy of the book which would give them the secret of Delta. They would also have the information on the Short Term Delta time frame as shown in this book.
The Delta Directors would still be the exclusive group who would have all the solutions to all markets that I had solved, for both stocks and com-modities. They also would be the only exclusive group to have all the future Delta dates on all time frames on all commodities and stocks as far into the future as they want for their lifetime. They also would, over time, probably get back as much or more from the proceeds of this book than their membership cost initially.
Both groups, the Delta members and Directors, would be protected (remain exclusive groups) by the patent. Obviously, the readers of this book will benefit from the revelations put forth. For a time, they also may become Members or Directors of the Society. However, the total member-ship will continue to be limited.
To be brief, I sent a comprehensive report to each Director detailing the action I had taken and was continuing to take against Gary Mackhan. I laid out my plan as outlined above to write and publish the proper and only Delta book. I asked them to supply their comments and suggestions and to vote whether I should proceed.
Their input was good and was very appreciated. The vote was almost unanimous. That is why you are reading this book.