|
PureBytes Links
Trading Reference Links
|
----------
> From: tmurrey <tmurrey@xxxxxxxxxxx>
> To: Hugo Noomen <100413.2325@xxxxxxxxxxxxxx>; MetaStock Mailing List
<metastock-list@xxxxxxxxxxxxx>
> Subject: Re: Gann analysis
> Date: Sunday, June 08, 1997 8:33 AM
>
> This was one of W.D. Gann's Tricks where he lied to you all. He said
that
> there may be as many as 4 rise/fall up/down high/low extremes over a
short
> period of time (6 months), so take the 4 and average them and find the
> middle and that will be your greatest support/resistence.
> That is not how it works.
> He wanted to confuse you all.
> Besides, I am amazed that so many of you have never understood anything
> about W.D. Gann.
> You shouldn't be allowed to buy any software in the future without first
> knowing about Elliott (Robert Prichtor was on CNBC-TV last week and said
> that his 1987 crash was predictable on the Elliott Wave theory, but he
has
> been wrong too many times to know what is really happening anymore).
> People are leaving the Elliott wave simply because it never works until
> after it is over. Besides, any man who predicts the future should walk
in
> the other room and predict what his wife will say or do and I shall call
> him a "profit" and divorced.
> Anyway, Elliott stole this grand wave theory from Roger Babson from the
> 1888's.
> The second person everyone should have to study is W. D. Gann.
> He is only the greatest traded in the World ever besides Muneshia Homma
> (Japan 1724). You should have to know him also. He studied the japanese
> rice commodities for 20 years in a row and then deduced the japanese
> Candlesticks.
> If you don't know the "great citizen" Steve Nison then you are a slow
> learner. He too has gone past the edge by making a simple 64
candlesticks
> harder by giving the average person too much too soon.
> And the third person you must be required to learn is me !
> You must understand here and now, I have never asked on of you to buy
> anything (except free time to re examine your trading philosophy based on
> some other man's math model that only works at extreme highs and lows.
> I want only students who admit to themselves that Nature is governed by
> Geometry and symmetry (that is why W.D. Gann quoted Farraday on page 34
> (hint of those who are too lazy to search Gann's writings) and so is your
> body constucted to visibly show 64 different sets of 3/8 ths and 5/8 ths
> distances such as look at your "bird finger" is not the closet
metatarsal
> 3/8 ths the total legnth of your hand ?
> You should have seen that obvious 3/8 ths - 5/8 ths the first time one of
> your teenage friends shot you the "finger" when you were a teenager. We
> all did it and did well and often as a gesture of communication. You
don't
> really want to be any smarter then you would have to blame your failure
on
> yourself, not some failing indicatore or Metastock for not giving 125
> indicators to waste your "family time" trying to see how profitable any
> system was in the past.
> The past is of little significance as all those new letters that try and
> predict the future too far out from 4 trading days. The S&P 500 Cash
> market closed 5/1000 ths from where I said under Murrey Math Last Frdiay
> that it sholud fall to move up any higher that one day. $ 8,000 invested
> in an OEX Option would have netted you more money than you have made
> trading your system the whole month of May, because 90.% of this country
is
> either poor or ignorant. Only 38.% of all high school students graduate
> from the average big city and they can hardly read or write. P.D.
Ospensky
> (the great russian philosopher) who discussed the possiblility of the
Great
> Internal Octave (Murrey Math) in 1917 in Moscow said it in his book on
page
> 136, In Search of the Miraculous, but he said he couldn't apply it to
> anything specific. He visited Newy York City in 1921 and that is where
> W.D. Gann found his real knowledge about the Internal Octave (of which
you
> have 64 sets that you can see starting with your "bird finger" but you
are
> offended at what your friends say it means yet it means something
diggerent
> in other countries, but this country thinks they are smart, yet 90.% of
all
> the knowledge used to day was known at the time Christ traveled the back
> roads and the only "bird" he displayed was the "Dove" after the rains.
> Since last January, you had an opportunity to make up to $250,000 dollars
> off an investment of just $ 8,000 by doing nothing more than getting up
and
> turning on the t.v. and buying an OEX put or call (depending upon
direction
> for that day) and closing it out anytime you made more than $ 1,500
duhh!!!
> to any so called trading system past the "guts" to commit fast and "sell"
> early while the momentum is in your favor. Remember I am the one who
made
> 11 of 12 OEX Options winners in a row recently. I don't sit on a hill a
> "preach and teach" I do like Mac/arthur and I may lose every now or then
> but I do "Retake the Beach."
> You would be better served to do as W.D. Gann said don't believe anyone
> unless his system has proven to be better and simpler than anyone's.
(and
> it takes the least amount of understanding (deductive reasoning: this
> country has none). It is obvious from what is on T.V. You have to be
> "stupid" to allow your children watch the energy "knowledge growth years"
> laying on their backs and asking their parents to get them a coke (drugs)
> from the pharmacy rather than have them use enough effort to learn to
read
> and write.
> At the time of George Washington 70.% of this country was "dumb" and 33.%
> were out of work or "poor." It's almost that bad today. Things don't
get
> better for followers. They are just convinced that what they are doing
is
> right. You do what someone tells is right and don't try to learn for
> yourself because you never studied the Socratic method of Discovery.
> Everyone hated me the 1st hour and now they want to know more of the
> obvious, except the ones who don't have the patience to try and figure
any
> thing out on their own. You don't have to listen to me, or like me, but
> the markets are going to run to my trading system because it has no
choice
> as long as "humans" execute the orders (for every person is composed of
the
> Golden Mean) you have no choice; pure and simple ! No more Church today.
> Some people have told me to get off this Intellectual forum, because my
> presence was slowing down what was really happening nothing but
intelligent
> men looking for gnats in a hay stack that would burn up and not reveal
what
> they were looking for in the1st place. Go "forward" (CNBC_TV) required
> word to use 64 times each day and learn about Munesha Homma, Steve Nison,
> W.D. Gann and Murrey Math. Your family will love you more for passing
down
> the knowledge of the ages; otherwise you are just another group of
> "followers" who has to learn the hard way every time the market goes up
too
> far it makes a hard correction that you shall "see" very soon and after
it
> is over you shall see the greatest buying opportunity that has ever
existed
> (better than the last 6 months) remember I am the one who told my
personal
> friends to buy Intel Warrents (100.) when the stock was selling at $
23.00.
> did you do it ? No, everyone wants confirmation ! "Guts to pull the
> trigger" is lacking in 87.% of so called traders. Remeber that 87.% of
all
> commodity trades are loser and the advice given them is wrong 75.% of the
> time, but you always choose a broker who costs you too much (so you can
> blame him when you lose) or who thinks like you. This is the olnu place
> where you should listen to everyone and follow only one (you know wh
othat
> is), but as soon as someone with 168 I.Q. comes into the forum and sks
you
> to start querying all these theorms (that don't work in slow markets) you
> come to the defense of the very formulas that keep you trapped into past
> related trading. Jenny Sampson is 27 (beautiful) and she over herd me
> talikng about a book I was going to write over 2.5 years ago and last
week
> she called and I met with and gave a book and she took it home and the
next
> week she came back and had the reversdal points memorized for every
market
> you trade. (she knows noting and doesn't care about what they say on
T.V.)
> you can ";goose" a runner and he will start faster but he will only go as
> far as Murrey Math will let him. There are only 64 different price
levels
> that all stocks want to reverse on. Now what 6 year old can't memorize
64
> different numbers ? Is our country that "lazy" or stuped ? The Odessey
> was a big book, but one man was required to memorize it and repeat for
days
> in a row because that was his job. The funniest thing I see when I am
out
> is adults with suits on have to get a pen to take down a phone number
when
> the phone company found that a Moron 84 I.Q. could remeber a 7 digit
number
> if you gave him 3 plus 7 (which is an Octave in Murrey Math) plus making
> the other two relatvie t one another. If you haven't read it get the
> Memory Book and go to the page with the 100 different words for each
digit
> between zero and one hundread and go and sit down with your family and
> learn somrthing besdies who the Presiden or donald Trump is "trumping."
I
> bet your children can learn them all quicker. Reward them $ 10.00 for
each
> one they learn and you pay them $ 10.00 for each one you fail. Since
most
> people are "Lazy" you won't do it because you have a great piece of
> software that is making you a $ 1,000 per week right now. I have the
> dryfus discipline fund and I draw down (for spending money) $ 400.00 per
$
> 5,000 ervy 3 weeks and I trade this Index Fund (S&P 500) just like you
get
> in and out of your Mutual /Funds.
> I never take more than a two day lose. How long or lazy are you to see
> your proifts evaporate ? Can't pull the trigger can you ?
> Greed and lack confidence should be an indicator in all software becasue
> the problem is in your "head" not your computer.
> I have had too many people come to my seminars and they all have the same
> problem that all golfers have (they choke) when they get on the 1st tee
> they have to count their score. Golf is the only game where your failure
> is rewarded and counted as excellance via a handicap. What if you got a
> handicap with your relationship with your wife (oops only 50.% of us are
> married or divorced) using the same handicapping system ?
> My friends buy Harleys to make their 50 year old bodies look 18 and then
> they get in the sauna at the YMCA (and you think that they are going to
the
> North Pole and they have to store fat all the way up to ther necks (62.5%
> of America is fat !) just look around at work everyday. (50.% of all
> operations is sewing yp the fat so your body isn't lumpy when you go home
> after your by-pass fastfood heart surgery. Isn't America great for what
> your freinds will pay for your bad eating habits ?
> Debate, when you get an opportunity for rebuttal lets one person learn.
> THMurrey
> ----------
> > From: Hugo Noomen <100413.2325@xxxxxxxxxxxxxx>
> > To: MetaStock Mailing List <metastock-list@xxxxxxxxxxxxx>
> > Subject: Gann analysis
> > Date: Sunday, June 08, 1997 2:53 AM
> >
> > To the group and T Murrey
> >
> > The discussion on Gann analysis inspired me to take a look at the
theory
> books
> > and have the practise use of this theory in MetaStock. However when I
> apply the
> > Gann grid or Gann lines in MetaStock I encounter a problem. The Gann
> analysis
> > works with the rise/run properties. My question is from which point to
> which
> > point do you measure the rise/run. Is it peak and bottom or bottom to
> bottom or
> > maybe otherwise? The correct analysis and practical use stands or falls
> in
> > measuring the correct rise/run. It makes a lot of difference when you
> have a
> > rise/run from trough to peak or trough to trough. Has anyone an idea?
> >
> >
> > Hugo Noomen
> >
> >
>
|