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Stretching this pretty far, but consider this...
log of 386 = 2.586587
log of 5150 = 3.711807
difference = 1.12522
difference to 10th power = 4.240656
almost exactly = to fib expansion # 4.236 (i.e. 610/144) with in
1/10th of 1 %
spooky, don't you think?
Regards,
Chris Cheatham
--- In realtraders@xxxx, "Norman" <nwinski@xxxx> wrote:
> 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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