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Strategies & Market Trends : Gann's cycles -- Ignore unavailable to you. Want to Upgrade?

To: ynot who wrote (78)	11/13/1999 1:18:00 AM
From: ynot	Respond to of 191

interesting find... "Gann Square The Gann Square is a mathematical system for finding support and resistance based upon a commodity or stock's extreme low or high price for a given period. Attainment of a particular price level in a square tells you the next probable price peak or valley of future movement. The probable price levels tend to be more reliable if they are extrapolated from Gann Square values along one of the major axes of the Gann Square. The Gann Square is generated from a central value, normally a all-time or cyclical high or low. If a low is used, the numbers are incremented by a constant amount to generate the Gann Square. If a high is used, the numbers are decremented during the square generation." now what happens if you change direction of the square generation? change square dimension? switch odd>even or even>odd square? use another shape? questions, questions, lol ynot :)

To: ynot who wrote (78)	11/13/1999 3:12:00 PM
From: High Grader	Respond to of 191

You could develop an Excel spreadsheet to expand the I ching square and see if it has any uses in the market. I will experiment with this a bit. Connie Brown has a good chapter on the Gann Square in her book and Joe Duffy also writes about it. Personally I think Gann had a lot of ideas and kept his really good ones to himself. Gann is often a buzzword that lots of people use to sell their own ideas. Just like the oat bran craze a few years ago, add Gann and it will be better or sell better at any rate.