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Moving away from some mudslinging, and the domestic squabbling of whether
share trading or selling books would make a fortune, let's have a look at
the Australian Share Price Index (SPI) and see how it traded vis a vis Gann
techniques.
If Gann techniques can help make trading profitable, Metastock would be
more desirable to have more Gann indicators than the Gann Fan. We would
need the Swing Chart, the GannPullback indicators etc..
So fellow Metastock'ers, and those who were asking about the Square of
Time, let's go to this site and see whether Gann is relevant today to
Metastock'ers as much as it is relevant to Gann at his time:
http://www.researchtech.com.au/bryce.htm
Regards,
Peter
At 06:46 PM 8/2/97 -0700, you wrote:
>Dear Mr. Estes,
>
> Do you really want to teach us a thing or two about Gann/Fibonacci?
>I am certain you would find many on this list who want to learn (me
>including). If you see how to do it, your contribution will be very much
>appreciated. If not, I don't know how possibly we could change your low
>opinion of this list.
> Hope we can get constructive on this Gann/Fibonacci business.
>
> Yours,
> Vitaly Larichev
>
>
>Richard Estes wrote:
>>
>> VITALY
>>
>> We distrust ignorance not all people. Nothing is worse than ignorance
served up with arrogance. You were offensive, as you intended.
>>
>> -----Original Message-----
>> From: Vitaly Larichev <vitaly@xxxxxxxxxxxxx>
>> To: metastock-list@xxxxxxxxxxxxx <metastock-list@xxxxxxxxxxxxx>
>> Date: Saturday, August 02, 1997 1:50 PM
>> Subject: Re: [Fwd: Square of time]
>>
>> No intention to generalize, but ... why do champions of GANN/Fibonacci
>> approach have this misanthropic streak? Just curious, no offense.
>>
>> Richard Estes wrote:
>> >
>> > And What the hell does Elder know? A simple TA primer that rehashs
>> >indicators that don't work well. His examples are futures, there is only
>> >about 5 stock charts. But his book seem to be appropriate to the level
of TA
>> >knowledge expressed in this list.
>>
>> >BTW: Where does Elder's money come from? Books? As I understand he
does not
>> >trade much, and if he used anything in his book, I doubt he could be
>> >sucessful. You and others would do more for your accounts if you applied
>> >GANN/Fibonacci to your trading. But I don't think many on this list will.
>>
>> ---------------------------------------------------------------
>
>
>
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