EL is a contrarian who disdain egoistic hedonism. EL is a movie aficionado. CEO who practices charlatanism to win investors' trust has only a 50/50 percent chance of winning the game.

W.D. Gann's letter to clients from 1928:

"When the time cycle is up, neither Republican, Democrat, nor our good President Hoover can stem the tide. It is natural law. Action equals reaction in the opposite direction."