Smart and Sexy Tuesday, page-39

Seak

You were saying yesterday that using Gann is superstitious and you need more evidence.

It always helps to have confirmation.

eg. After the 1992 cycle low the next cycle low was March 2003 and more precisely was March 13th.

That was confirmed 13 months ahead of time by a Gann 1/8th cycle (393 days) from the XAO 2002 top.

To obtain price I had a series of 670 that suggested 2680 for SPI.

Then weeks before the low, measured moves of upward corrections suggested 2678.

To be cautious I did a huge reversal to buy position at 2681.

It wasn't the low. The bear low was 2679 on that day.

Bugger I missed out on 2 points by being cautious.