Re: [RT] TIME & PRICE

["Steve McGuire" <smcguire77@xxxxxxxxxxxxx>]

Thanks Norm. Great work.
<BLOCKQUOTE 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  <A title=nwinski@xxxxxxxxxxxxxxx 
  href="mailto:nwinski@xxxxxxxxxxxxxxx";>Norman 
  To: <A title=gannsghost@xxxxxxxxxxxxxxx 
  href="mailto:gannsghost@xxxxxxxxxxxxxxx";>gannsghost@xxxxxxxxxxxxxxx 
  Sent: Tuesday, February 27, 2001 5:39 
  PM
  Subject: [RT] TIME & PRICE
  
  Dear W.D. Gann,
   
     I was experimenting on my calculator 
  today with some time and price concepts.  I was thinking that there seem 
  to be some parallels between the 1929 - 1930 DJIA and the 2000 - 2001 NAZ 
  Comp, which would fit with my outlook for the next six months.  So, I 
  thought, maybe there is a mathematical relationship between the DJIA high at 
  386 and the COMPAQ high at 5150?  
  The ratio is 13.34. Then I wondered if there was 
  any significance to that number as a harmonic?
  So, I took 360 and divided it by 13.34  and 
  found that it was very close to the 27th harmonic of 360 degrees. So, I asked, 
  what is the significance of the 27th harmonic?  Gee, I wonder if there is 
  any relationship between 27 and the time of the two peaks which is 
  approximately 70.5 years.
  70.5 divided by 27 = 2.6111 which I think is 
  a really neat Fibonacci ratio.  This little revelation serves to confirm 
  that the NAZ is following a 1929 type scenario with an initial crash and then 
  a big spring rally ala 1930.  If this turns out to be the correct 
  scenario, after the first half of this year, you don't want to own any NAZ 
  stocks and a further decimation is indicated.   The good news is 
  that within a few weeks, there should the start of a very good 
  rally, lasting several months, that will afford one the 
  opportunity to exit at good prices and prepare for a further decline in the 
  latter part of this year. 
   
       How's it going where you 
  are? 
   
   
  Respectfully,
   
  Norman Winski
   
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