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

To: Gale A. Thompson who wrote (61)	12/31/1998 4:29:00 PM
From: nicewatch	Read Replies (1) \| Respond to of 191

All: Have a happy and prosperous new year!!!! I am going on a skiing vacation in a couple of days, so I will be MIA for a week or so. Talk to you next year, take care. Regards, Frank

To: Gale A. Thompson who wrote (61)	1/1/1999 11:47:00 PM
From: Darrin Vernier	Respond to of 191

Gale, <Too bad they couldn't have made that mistake in gym class <g>. ROFL!! Darrin

To: Gale A. Thompson who wrote (61)	1/21/1999 9:49:00 PM
From: Gale A. Thompson	Read Replies (1) \| Respond to of 191

Here is the current data on Gann's January Effect: W.D.Gann: "Watch January 2nd to 7th and 15th to 21st; watch these time periods each year and note the high and low prices. Until these high prices are crossed or low prices broken, consider the trend up or down." Market Time High Low Dow 01/02 - 01/07 9759.44 9089.00 Dow 01/15 - 01/21 9499.14 9124.02 Dow 01/22 - 01/22 0000.00 0000.00 NasDaq 01/02 - 01/07 2369.55 2192.68 NasDaq 01/15 - 01/21 2474.30 2276.80 NasDaq 01/22 - 01/22 0000.00 0000.00 RUT 01/02 - 01/07 432.03 420.54 RUT 01/15 - 01/21 435.30 420.04 RUT 01/22 - 01/22 000.00 000.00 For the Dow, the highs are getting lower and the lows are getting higher, an inside day. So when we cross below 2192.68, we will be in a down-trend until we cross 9759.44 For the same period, NasDaq actually shows higher highs and higher lows, which would suggest an up-trend. When the price falls below 2192.68, Nasdaq will be in a down-trend. The Russell 2000 is showing higher highs and lower lows like an outside day. When the price drops below 420.04, the Russell will be in a down-trend. -- Gt --