Had to go to monthly to get the longer term trend lines.re...

Had to go to monthly to get the longer term trend lines.
re Gann
went to all of Bowden's courses- there was always another carrot.
Read all the books etc ( and still occ. refer to them)
David was a nice guy and convinced that he had the key and communicated this well.

Behind this there is another reality.

#Knew Harry Stanton who was David's pet psychologist.He died about 18 months ago but prior to this we discussed the Bowden phenomenum.Harry thought it was all commercially driven pseudoscience.He was paid for the use of his name.

# sat next to a couple at one seminar.Their business was going going down the gurgler to to try and save it they came along and put their last 30 G on the market.Thought is was safe as per the name "safety in the market"[that's what drew Asculpeous in because he hadn't learn to deal with volatility].Long story short the live market was being flashed on the screen and it gapped down through their stop loss .They got a text that they were sold out by their broker.They both started sobbing and walked out.

# Asculpeous entered all the data from Gann's Crysler trading into Metastock (took a few evenings) and tried to match this to the trades that Gann claimed he took.Not all matched.Looks like some backfitting was done to read well.

# Being a glutton for this sort of punishment, Asculpeous entered planetary data into Metastock and immediately saw correlations with some some companies SP.The steeper the trend, the closer the planet.It was very much form fitting and correlation doth not make causation.

# Suspect that David only told his top secrets to the chosen few (did they have to cough up 30G??) which he hinted at.Asculpeous was not one of these ( and by then didn't want to be) but worked it out nevertheless, and like the planets there were correlations until there weren't.

#Davids personal trading records were passed around.None appeared to conform to the systems he was teaching.These,like Gann,were backfitted to periods of time when they worked well.

All in all many valuable lessons were learnt.....primarily to stay away from high risk instruments and now never pay up to anyone who thinks they have the secret no matter how sincere,