Gann again , page-6

Hi folks,

No need to go to the expense of new software, Arthur.

You can do all that you need with Metastock ... those
individual Gann lines will be come one of your best
indicators, if they are used properly.

Many traders have trouble with Gann's stuff, because
he wrote in a very oblique writing style ... sometimes
he said what he meant, but at other times he only
hinted at a trading solution.

His most frustrating book was written as a romance,
in 1927. In it, he inserted coded astrological messages
about his timing methods for the markets.

TIME works as well today, as it did in Gann's heyday.

We also have the advantage of being able to construct
charts in seconds, something that was a very laborious
job for the people he employed in those days.

It is naive to think that no advances have been made
in analyzing the TIME axis since Gann's day too.

Don't get too bogged down in Gann's work, as now it is
considered as only a stepping stone to some better
methods.

One of the problems associated with his work was the
original charts that were made on graph paper that
was 8-squares-per-inch, to cater for the 1/8th
increments that US stocks trade in their markets.

That paper is VERY difficult to buy for most overseas
students and then they still have the problem of
"squaring-the-scales" and hand-drawing the chart.

None of these problems exist with the new methods,
that approach TIME as an entity in itself and make
both TIME and PRICE projections much easier.

No need for expensive software, just a pencil and
paper to do some very simple calculations.

If you doubt how effective such TIME cycles can
be, just check the AYO posts on here, Egoli and the
AussieOilers site, posted BEFORE this recent low.

Other examples also exist on this forum, where the
turn has been called WEEKS in advance and the cycle
has come in right on TIME ... TIM 310701 and CVI on
121201 to name just two of them ...

None of this is rocket science, but it does require
some study and the DISCIPLINE to include it in your
trading plan.

Using TIME axis analysis can also confirm previous
analysis in ANY market. Whether we use technical
analysis or fundamental analysis, it matters not ...
TIME axis analysis will give us more complete
data, on which to base our trade entries and exits.

Have a great weekend all

yogi