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Lynn:
I think you have effectively identified the problems
associated with this methodology. There has to be a more
consistent method out there; and I don't think this one fits
that bill.
Charles
-----Original Message-----
From: MRLYNNG@xxxxxxx <MRLYNNG@xxxxxxx>
To: rmac@xxxxxxxx <rmac@xxxxxxxx>; Realtraders@xxxxxxxxxxxxx
<Realtraders@xxxxxxxxxxxxx>
Cc: realtraders@xxxxxxxxxxxx <realtraders@xxxxxxxxxxxx>
Date: Saturday, August 07, 1999 4:29 AM
Subject: Re: Gen:Gann Square
>In a message dated 08/06/1999 9:59:07 PM Pacific Daylight Time,
rmac@xxxxxxxx
>writes:
>
><< The file I have
> attached measures the OEX from a low of 454.92 to the recent high of
> 735.86. It took 282 days (I include weekends) for the OEX to reach 733.80
> on Fri. 7/16/99 (on monday 7/19/99 the OEX reached a high of 735.86). >>
>************************************************
>Ron:
>Very good example. (1) Isn't this really a case of knowing the turning
point
>after the fact since it is probably difficult or impossible to know which
of
>these numbers will be square with each other ahead of time. (2) Assuming
>you always go from Low to High, wouldn't you have many possible lows that
you
>would have to consider so that you would have many different possibilities
>running at the same time?
>Lynn
>
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