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Strategies & Market Trends : Gann's cycles

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To: nicewatch who wrote (24)12/17/1998 9:09:00 PM
From: Gale A. Thompson  Read Replies (3) of 191
 
Hi Frank,

"What are the very few books that you have found to be clear and or concise?"

A well written Gann book is an oxymoron. However, I do believe "45 Years On Wall Street" by Gann to be a pretty straightforward book and easy enough to follow. It isn't going to contain the grail, but it does offer several helpful techniques.

I have read the Cowan's, the Gilmore's and own Gann Stock's course. I also have read Bill McLaren's book, "Gann Made Easy". It is a very good book, but it does not make Gann easy.

As far as its (Gann) worth, beauty lies in the eyes of the beholder. For me, Gann is the only way to go. Indicators are always after the fact and monitor the price. Not that they can't be effective, but line studies seem to work better for me.

Gann takes a great deal of time and patience. It is not the sort of thing that lends itself to writing software scans. However, if one spends the time to learn some of the Gann techniques, I believe these techniques carry over well into whatever TA preference you currently use.

-- Gt --
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