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I am using Gann's so-called "square of nine" to convert numbers into
degrees (in the post below 180^ means 180 degrees in the square of
nine). The idea is to look for coincidences when measurements from
different highs and lows are on the same angle or are 180 degrees on
the square of nine.
--- In realtraders@xxxxxxxxxxxxxxx, "Steve Walker" <steve@xxxx> wrote:
> Could you explain to me your calculation below?
>
> >>> topos8@xxxx 01/12/05 9:04 AM >>>
>
>
> I think it likely that the S&P's make a low today and begin a move
> above 1221.
>
> 1221 high - 39 (180^) = 1181
> 768 low + 410 (180^) = 1178
> 1163 high (March '03)+ 18 (180^) = 1181
>
> So support is the 1178-1181 zone.
>
> Carl
>
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