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HI ALL,
I'm a visual artist who took a detour on the way to see an art exhibition.
S0, I may be WAY off base here....
("How did THIS guy get on our list?")
I was fascinated by Lenny's picture. It looks like the 'Secret Geometry' of
Old Master paintings. The Masters employed squares, diagonals, and vertical
and horizontal lines through intersections centuries before Gann drew his
first breath. Something about Pythagoras and his Golden Section, apparently.
Norm's response was one of those "Whoa, this is good" posts. The information
he shared is obvious to the initiated, but a mystery to others. Left
unstated in his post is that vector intersections also define potential
horizontal support and resistance levels. Also left unstated is that 1/11
represents the completion of the square for this cycle. finally, the
intersection outside the square at 02/02/00 may define the completion of the
cycle. Time will tell....
Attached is my attempt at Stock Market Art. a couple of vectors and some
horizontal lines have been added to Lenny's gif to 'complete the picture.'
Perhaps he could replicate these additions and post an updated gif. it makes
a pretty picture.
On a daily chart, the base of the square may represent a growth spiral of
about 3 1/2 lunar cycles. The height represents the squaring of price with
time. The fundamental ratio of the vectors is 0.3333. The vectors represent
the hypotenuses of right triangles whose sides are 1:3/2, 1:3, 2:3, 4:3,
8:3, 16:3, and 32:3. Gann's favorite, 1:1 was omitted.
This square may be overlaid on charts that have not been 'squared.' Place
the bottom left corner on a 15-18 week low (or flip the square vertically
and place the top left corner on a 15-18 week high.) For contracting (decay)
spirals, flip the square horizontally.
Adjust the horizontal dimension to about 75 days. Tweak the horizontal
adjustment go get a 'best fit' correlation of verticals with pivots as
prices move through the beginning of the square. Adjust the vertical
dimension so that diagonal and horizontal lines correlate price levels.
Scaling the square to the chart should be equivalent to squaring the chart.
It may be desirable to scale the square with previous 15-18 week cycles;
then tweak it to fit the current cycle if required. Observe whether prices
correlate with the 'lines of attraction' as they move through the remainder
of the square. When these lines correlate well with prices, the right edge
of the square may define the completion of the growth spiral.
This is just a prototype. Both positive and negative feedback are welcomed.
("Where's that #$&%# delete button. Get this guy off our list.")
-Stan
> -----Original Message-----
> From: listmanager@xxxxxxxxxxxxxxx [mailto:listmanager@xxxxxxxxxxxxxxx]On
> Behalf Of ROSOW@xxxxxxx
> Sent: Saturday, January 08, 2000 4:51 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: [RT] Re: Daily Vector
>
>
> Norm,
> I decided to throw up Daily PX charts like the ones I did on
> the Weekly.
> Here is the CIT chart followed by the support/resistance one. Lenny
>
Attachment Converted: "f:\eudora\attach\Square1.cdr"
Attachment Converted: "f:\eudora\attach\Square1.gif"
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