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

To: Claud B who wrote (1002)	9/4/1998 11:33:00 PM
From: Claud B	Read Replies (1) \| Respond to of 1267

**CHARTS & COMMENTS There is much to be said for the week just concluded. Certainly too much to go into here. I'll keep it brief. For those who don't want to read all the verbiage and are interested in my "bottom line" I'm bullish!! 1. The bonds and the dollar have gone their separate ways. Prime reason: China has decided to sell some dollar-denominated assets and put the proceeds into Europe as a diversification move. (??) Rates will decline further. (Bonds higher) 2. The Summation Index has gone Acapulco cliff diving. It will change...I think shortly and dramatically. 3. The VIX is really "rubbing it in." <g>. It will retreat from these heights...as early as next week. 4. Our unloved Russell is at another key support line. I expect it to hold. 5. This week I've added two charts I normally don't post but watch very carefully. They are of the Japanese Yen and Crude Oil. There's been much talk about deflation. Maybe not! Check out crude and the 5-35 oscillator. Nice divergence. And the same for the Yen. Other futures charts look similar...grains in particular. If Asia and other parts of the world don't have the money to buy grains, etc., why are these markets starting to show signs of life? Finally, this week, the NYSE traded 4+ BILLION shares....a record! I think the lows are in.....for now. Factoid:** Did you know that no Latin American country issues fixed rate treasury notes in local currency beyond one year? In other words, there is no bond market south of the border. All have a great and safe Labor Day week-end. Claud -- pw1.netcom.com

To: Claud B who wrote (1002)	10/22/1998 1:16:00 AM
From: MechanicalMethod	Respond to of 1267

Claud, Speedlines are a former passion of mine. I've lots of research in that area, but still unable to make it work. I've given up on them. While I've never talked with you about them, I have noticed you use them. I'm still collecting data if you want to swap but it's not a priority anymore. Although it is one slick method, complete with alarms that sound while your lunching. I've long thought market maker's use these. :)) I've a huge conspiracy theory Doug could tell you about! Gann was a market maker. There is truth in speedlines, although it may not be as effective as it once was. There's a fellow named Bayer who preceeded Gann. If you have any info on him I'm interested. I've got Gann's series of Time/Price calculators in the form of plastic overlays and a bunch of his charts. There's interesting stuff there, but I've wasted too much time on it already. I don't pursue it except intellectually. My attempts to apply it have been unsuccessful. Although parallel lines often indicate a simple changing of the trend anchor while maintaining the same fractal parameters. Osci

To: Claud B who wrote (1002)	10/22/1998 1:27:00 AM
From: MechanicalMethod	Respond to of 1267

Claud, Here's a previous attempt to start a Speedline discussion that you may find something useful in? Osci Before computers, W. D. Gann pioneered a series of trendlines at different degrees of steepness using 4x4 graph paper. A 1x1 Gann line moves at the rate of 1 unit price, 1 unit time. A 2x1, 2 units price, 1 unit time. Fast markets, 4x1, 8x1. Slow markets, less than 45 degrees, 1x2, 1x4, 1x8, only 1 unit price movement over extended time, 2, 4 or 8 boxes. Plastic transparent chart overlays imprinted with these various degrees of trendlines were super imposed over various pivots, seeking relationships between previous and present price. Important support/resistance was a 1x1 gann line from an all time high/low and represented a true 45 degree trendline. Gann called these overlays Time/Price calculators and I've a series of them. Scaling being different for each market the overlays are labeled which market they were sampled from. Only my theory. Accelerations and reversals contain mathematical relationships to previous ones creating a maze of geometrical connections between pivots. Due to scaling problems, particularly since we no longer use 4x4 graph paper, Speedlines were invented. A fractal sample of a market containing a speedline golden section can anticipate the future. Markets tend toward specific rates of acceleration, fast or slow, acceleration mimics the past. Preferred degrees of steepness in trendlines are repeated in the future. To paraphrase Gann : There is nothing new under the sun. The future is only the past entered by a different gate. Speedlines exhibit where a branch in trend is related by .5, .618, .382 to previous trends. This matrix exists mathematically as strange fractal attractors. Magnetic splines that attract or repel. It can be calculated by computer without geometrically drawing the lines. .333/.666 maybe a preferred relationship. A relationship may exist without necessarily being a "natural" number, however the degree of variance between angles remains constant once the cadence is set. Fast market accelerates at the same angle as the last fast market or entrophies to a more sustainable velocity. Are pivots and trendlines geometrically related? Can a box representing previous price action be successfully anchored to newly formed pivots and have any validity? Hopefully this method of measuring speed, velocity,acceleration is viable. If I'm searching in the wrong area, please advise, as I am sincerely attempting to tie together many different lines of thought.