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Strategies & Market Trends : Tech Stock Options
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To: Patrick Slevin who wrote (35429)2/24/1998 11:44:00 AM
From: Chip McVickar  Read Replies (1) of 58727
 
Hello Patrick

Many thanks for Bonnie's Links....lot of "stuff" to wander through.
>What type of Gann analysis do you want?<
>Do you know astrology?<

I've just begun to look into the work of Gann. What I've found so far
is his mathematical and geometric principles -- Gann Angles, Gann-Retracemant Lines
and his percentages. I am slowly beginning to understand his language and
methods of application. I'm interested in the time applications of his
work and how he measured the relationship to price movements.
Wonder Why..? >chuckle<

I know that he used astrology to pin-point potential turning points...as
well as moon and equinox cycles. He believed that mass pschology effected
markets and thought this could be measured through astrology. That big
astrological events could effect the greed and fear of market players.
A big event -- similar to what Astroecon has brought to our attention.

I personally have a cursory knowledge of astrological terms (squares, conjucts, etc),
but have never realy attempted to approach the finer applications of these influences.
And have not astro traded.....In your opinion will this hinder the usefulness of
Gann's work..?
If so....Robert Hitt and the success of his interpretations, becomes
very important if one is to use all of Gann.

So far...Gann is kind of an enigma...he's mentioned in one breath as a
legendary trader and in the next as just getting by at the end of his
life selling books and teaching courses on his work.
Maybe the 'Stars' turned against him...>chuckle<...or maybe he just got
bored at being so successful..?
Patrick...have you incoporated any of Gann into your trading?
Chip
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