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<DIV><FONT color=#000000 size=2>Good posting, Dick.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>And from the WIG's fallout the conclusion can be made THE
PARTY IS OVER (MID-term!!!).</FONT></DIV>
<DIV><FONT size=2>After 1034+ will have provided Support(A), a Pull
Back(sep/okt) to previous breakout 1120(B)</FONT></DIV>
<DIV><FONT size=2>or WIGs' previous rising-</FONT><FONT size=2>support
trend-line(by then 1180+) will take place, </FONT><FONT size=2>in an attempt to
futher</FONT></DIV>
<DIV><FONT size=2>continue the former uptrend,but:</FONT></DIV>
<DIV><FONT size=2>With the recently presented halve year results, </FONT><FONT
size=2>and also the Asian-outlook on future co's results,</FONT></DIV>
<DIV><FONT size=2>this is bound to fail(Resistance) and an </FONT><FONT
size=2>excelerated downfall is to be expected(as everyone wants</FONT></DIV>
<DIV><FONT size=2>to </FONT><FONT size=2>get out through the same door, once the
ball gets rolling), this will then have created a double top,</FONT></DIV>
<DIV><FONT size=2>also a</FONT><FONT color=#000000 size=2> TOP H+S pattern too,
<FONT size=2>and from these patterns </FONT>a down </FONT><FONT color=#000000
size=2>collapsing-target 960-(Support), </FONT><FONT color=#000000
size=2>being</FONT></DIV>
<DIV><FONT color=#000000 size=2>midst of former LT-</FONT><FONT color=#000000
size=2>resistance/trading zone, can be set.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Pattern then is e</FONT><FONT size=2>vedentialy a</FONT><FONT
size=2>n EWAVE-a,b,c and with the above, as well as with </FONT><FONT
size=2>GANNs' miracalus</FONT></DIV>
<DIV><FONT size=2>measuring ways, </FONT><FONT size=2>will again have helped in
predicting the okt/nov98 targets.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Check-out the WIG on the DOWs charts as well(not att.), as are
on plenty of other intnl. Exchange/Index-charts.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV>
<DIV><FONT color=#000000 size=2>Also see attachements.</FONT></DIV>
<DIV><FONT color=#000000 size=2>(Regarding sending charts:</FONT></DIV>
<DIV><FONT color=#000000 size=2>In email programs you can attache to and send
just about any file with your mail).</FONT></DIV></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Regards,</FONT></DIV>
<DIV><FONT size=2>Ton Maas</FONT></DIV>
<DIV><FONT size=2><A
href="mailto:Ms-IRB@xxxxxxxxx";>Ms-IRB@xxxxxxxxx</A></FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV> </DIV>
<DIV><FONT size=2> </FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><B>-----Oorspronkelijk
bericht-----</B><BR><B>Van: </B>Dick Simmons <<A
href="mailto:simmons@xxxxxxxxxxxxxxx";>simmons@xxxxxxxxxxxxxxx</A>><BR><B>Aan:
</B>metastock@xxxxxxxxxxxxx
<<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR><B>Datum:
</B>woensdag 12 augustus 1998 3:32<BR><B>Onderwerp: </B>Re: Market
discussion<BR><BR></DIV></FONT>
<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></BLOCKQUOTE></BODY></HTML>
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