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<DIV><FONT color=#000000 size=2>Hi John,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>I Use Gann virtually exclusively and rely on
:(1) Pattern (2) Price (3)Volume (4) Wave structure & (5) Time cycles ,as
taught by Gann. Time is the most important and once (1 - 4) are in place, time
is the confirming factor in forecasting and looking for a change in trend. The
more time cycles coming out on a particular day the stronger the chance of a
change in trend.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Bill McLaren a former American and Gann Expert
gives 2 day workshops here in Australia (AU$1600) and you take away with you the
notes and Videos of the Seminar - the best money I have ever spent. He also has
a book out "Gann made easy" (AU$350) which is really your Phd in Gann
teachings. It is not light reading and a study of 3 - 4000 hours is required. He
is very approachable but I do not know if he will sell the videos on their own.
If anyone is interested send me an E-mail and I will provide his contact
address.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>If you search the web for "Gann" you
can get a lot of information on his methods.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>The Gann indicators in Metastock do not work as
a chart has to be square, ie: 1 point rise in price per day. Consequently I use
the chart program "Ganntrader" most of the time.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>The only indiator I use in Metastock are 2
MACD's I have made up utilizing the 2 common time cycles, in a separate window
of their own ( I use it as a confirming indicator only and not a stand alone
indicator). These are a moving average 15,45 with a signal line15,45,90 and a
moving average 36,72 with a signal line 36,72,144. These MACD's send out a
strong signal when the 15,45 line crosses over the other 3 lines within a few
days. It is then prudent to wait a few days for a counter trend or you will find
yourself buying/selling the dips. You will note that the 15,45 line has its own
turning points and resistance but it must be scaled or it moves about when you
zoom in and out. Of course this can be put into an Exploration to bring up
selected stocks if you only trade shares.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2><STRONG><U>S&P 500
Cash</U></STRONG></FONT></DIV>
<DIV><FONT color=#000000 size=2><STRONG><U></U></STRONG></FONT> </DIV>
<DIV><FONT color=#000000 size=2>The close of 1069 below the 1072 critical level
is bearish <U>and if it moves lower tomorrow</U> the party is over. Moving lower
tomorrow will set up 16 - 19th of October as a critical date as it will be 90
days from high and also 30 years from the 17th October 1968 top which is a major
cycle. It is most likely to be a high.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>If there are any other Gann fanatics out there
send me an E-mail - it gets lonely doing this stuff in isolation.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>By the way can anyone tell me how to send charts
with an an E-mail</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV> </DIV>
<DIV><FONT color=#000000 size=2>Regards,</FONT></DIV>
<DIV><FONT color=#000000 size=2>Dick.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV> </DIV>
<DIV> </DIV></BODY></HTML>
</x-html>From ???@??? Tue Aug 11 16:50:35 1998
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Date: Tue, 11 Aug 1998 17:57:45 -0700
From: Al Taglavore <altag@xxxxxxxxxxxx>
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John, I will certainly share with you. I do trade principally bonds and
currencies. As of late, I have been trading stocks. I find them MUCH
more risky than futures. I hesistate to put forth my methodology,
because I am very short term oriented and prefer to trade (although I do
maintain two investment accounts with different portfolios) Also, my
concept of TA is different than most of the posts I read on the List. I
will, however, share with the list and post a simple methodology that
has served me well. I will do this later the evening. Thank you for
asking.
Al Taglavore
John Manasco wrote:
>
> Al
>
> You seem to have been on this list at least as long as I have and I was
> wondering if you would share some of your ideas. I know you trade
> futures which is a scary thing to me, now that I think of it stocks are
> pretty scary right now also <g>. What sort of systems do you use or are
> you working on, i.e. channel breakout, moving average, etc? Do you do
> strictly mechanical trading or are you also a discretionary trader? Are
> you a daytrader or longer term? Am I nosey or what? Not really trying to
> be nosey but I think you have a lot to contribute to the group.
>
> Thanks
>
> John Manasco
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