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

To: Patrick Slevin who wrote (96)	11/21/2000 9:09:08 AM
From: Ken Adams	Read Replies (2) \| Respond to of 191

...used those cycles counting trading days or calendar days yet. He used both! This is one of the problems I had with Gann. It seemed to me that his methods were more useful in hind sight. In the early 90's I wrote a piece on the Square of 52 and the DJIA. I was able to fit it to the Industrials almost perfectly, but all after the fact. I just dug that out and it got my juices running. I had a lot of this work built into several Lotus spreadsheets and was able to crank it out pretty fast. I just wasn't able to make the projections turn profits. This is what I found in conversations with a lot of people trying to use Gann's methods. Ken

To: Patrick Slevin who wrote (96)	11/21/2000 1:46:33 PM
From: John Pitera	Read Replies (1) \| Respond to of 191

a compass and a ruler. Even a draftboard with a fixed T-Square and triangles. That had to be his instrument. Have not even seen one of those since engineering school. Gann was a Freemason, and the triangle and compass are not on their insignia for no reason. It's also interesting to construct grids that are not at angles and are perpendicular to the time and price axis I've done those by hand in the past. the Fibonacci arcs can be done from a low point to a high point, in fact the burgandy Fib Arcs were generated from the lowest low near the number 1 ball and the high was the point of the highest high right near the number 2 ball. I'm far enough down the road to realize that it seems that soom of these "spinning circle" may ideally best found by fixing the high and low points to the correct grid spots. The idea being that like a rosebush or ivy plant, it would grow up, around and through a lattice fence. In sacred Geometry books they show how you can look at Greek Statues or a medieval European Church and it has distinct proportional relationships in them due to the fact that the designers were members of Guilds that studied these concepts in a group and passed the learning along. I have a really neat and affordable book I got from Amazon a while ago. It's Sacred geometry philosophy and practice, by Robert Lawlor, amazon.com the cover of the book, coincidentally looks to be the same one that is on the cover of this weeks Barron's. John