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Brent wrote:
> I realize that this thread is getting a little tiresome for some, but I've
> got ask, Was this Dr. Baumring ever an actual student of Gann's?
>
> Also, are there any of Gann's actual students out there?
>
> Brent,
I don't know the answer to your question. But, here are some factors
that should determine the
odds of an actual student of Gann's being alive. My recollection is that Gann
died in 1955? Therefore,
assuming that someone was lucky enough to have connected with Gann when the
student was in
their 20s, lets say 25, this student would have been born in 1930, so would
now be 69-70 years old.
So, it is possible. However, the odds of someone pursuing Gann at such a young
age are probably fairly slim. The person would have to already be fairly
affluent at age 25, as Gann charged $5,000 for his course, which is what the
average house cost then.
The next best thing is to find someone who studied or knew one of
Gann's students. I fall into
that category. If you see Traders' World Issue #28, there is an article by Don
Hall which refers
to Renato Alghini (Reno to his friends). (Reno was a Gann student in the early
1950s, just before Gann's death). I was the person who introduced Don Hall to
Mr. Alghini, as both were friends of mine. I haven't had a chance to read this
article, so I don't know what it says. I have heard, based on a few remarks,
that Don has indulged in some exaggeration. I hope I am wrong about this. I
haven't been in touch with Don Hall for many years now, as I lost track of
him. Anyway, Reno died in about 1988 and I bought his library, which included
original Gann materials and Reno's many market charts and research.
An interesting story about Reno is that he and some friends approached
Ed Lambert (Gann's printer and by default partner), I think it may have been
in the early 70s, to buy all of Gann's materials. Reno, representing a group
of Chicago friends and traders, went to Lambert and offered a few thousand
dollars for everything. Why so cheap? At the time the collection looked like a
huge garbage heap. Reno told me that Lambert was so insulted at his low
offer, that he threw Reno out A few years later, Billy Jones bought the
collection from Lambert for a rumored $7,500. Billy and now his widow are
rumored to have made a nice living from publishing Gann's material. By the
early 80s, seeing what a big opportuntiy had slipped through his hands, I
think Reno regretted not being more aggressive about buying Gann's library.
Reno also met Marachel. That's another good story I will save for another
time.
Reminiscently,
Norman
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