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


To: Gale A. Thompson who wrote (69)5/14/1999 1:34:00 PM
From: Jaime H. Ayalde  Read Replies (1) | Respond to of 191
 
Gann was always looking for the equilibrium in Price X Time.
Time was the most important component. Time does go on in continuum so he divided the time component into 360 degrees. The circle. The 0 being March 21 and moving clockwise or forward. The square is the Price component and moves counter clockwise with corners every 90 degrees or days. The center being 1 and moving out to form a spiral. SEE GANN WHEEL. Two of the three formations of creation. Circle and square.

We have reached a very interesting point in time as the Price has squared itself already with 10999 = year 1999.

Watch actual tick highs to occur on the 1 & 0 numbers.

TIME, the key is also here, MAY 14, 1999 is the last day as the NYSE started its creation on MAY, 17 in 1792. An anniversary date.

The potential exist for the high to occur here.
Use extremes for protection, against this bearish stance.

Time will tell,

Later

Jaime