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本帖最后由 银河金星 于 2009-2-22 01:39 编辑
Gann高手给评评?
Jeffrey Cooper Feb 19, 2009 9:25am
The Gann Wheel, or what is commonly called the Square of 9 Chart, is a calculator - or a device that squares the circle. It's a way of measuring using square root progression and logarithmic progression as opposed to linear progression.
It's called the Square of 9 Chart because it's a number grid that spirals out from the number 1 in the center, with the first "square" ending in 9. The second square ends in 25, the third square ends in 49. So you can see the square-root relationship of these numbers.
Hence, 360 degrees or one full revolution up from 25 is 49. You can arrive at a full price cycle of 360 degrees from any point by taking the base number, finding the square root of that number, adding 2 and square it. For example, if a stock makes a low at 25 and I want to know what a 360 move up projects to, I find the square root of 25 which is 5 and add 2 to it giving 7.Then I square 7 which equals 49.
By adding 1 to the number 5 and squaring it gives a 180 degree move. In other words 6 squared equals 36 and is the corner number opposite 49. By adding ½ to the square root of a level and squaring it will give a 90 degree move. In other words, 5 ½ squared equals 30.25. On the wheel, the corner number up from 25 is 30 to 31.
This number grid is encompassed by a circle representing the days of the year which will show the harmonics between a number and the date of the year, or a square out in time and price which often times represents a turning point.
Let’s take another example. The square root of 15 is 3.87. Adding two to the square root of 15 gives 5.87. Square 5.87 and we get 34.49 which rounds off to 34. Now we see that adding two to the square root of a number and squaring that sum is the same thing as a 360 degree rotation up on the Gann Wheel.
In his famous interview with Richard Wyckoff in 1909, Gann attributed market movements to an undefined Law of Vibration. Since Gann said his greatest discovery was made in 1908, it is thought that techniques related to number vibration underlying the Square of 9 dominated his forecasts and strategies.
“...just as the pendulum returns again in its swing, just as the moon returns in its orbit, just as the advancing year over brings the rose of spring,so do the properties of the elements periodically recur as the weight of the atoms rises.”
W.D. Gann
The ancients used to keep time by the rotation of the moon which is approximately 28 days. This is related to the Saturn cycle which is 28 years. While we keep time by the sun and the moon on earth, it is thought by some that our solar system keeps time by Saturn, for which the Greek name is Chronos (as in chronology). Note that spring 2008 is 28 years from spring 1980 which was the low preceding the great bull market.
With the Square of 9, price and time become interchangeable by converting them to degrees of a circle. W.D. Gann said that all significant highs and lows are related to a previous price, range or time.
Gann discovered that support and resistance levels could be calculated by taking the price of a market top and dividing this price by four and by three--in other words, into quarters and thirds.The square and the triangle in the circle of the Gann symbol illustrate this concept.
Gann also made significant discoveries involving time cycles, including his famous Master Time Factor. He studied major cycles such as the decennial pattern, the 60 year cycle and 100 year cycles watching for market action of the past to be repeated in the future. For example, he called the 5th year of each decade the ‘year of ascension’. Every fifth year of the decade has been a bull market year for the DJIA from 1905 through 2005.
Gann was the first analyst to study and discover the relationship between time and price. He wrote, “when time and price coincide change is imminent”. Coincide may be another way to say ‘square out’.
The important thing to understand is that not all squares are created equal. The key to speculation is observation to determine how a market reacts to a possible time/price harmonic. While not all square outs are significant tops and bottoms, most all significant tops and bottoms can be proved to be significant square outs and harmonics of past highs and lows in price and in time.
As the chart below shows, 94/95 was the low of the S&P at the major low in 1980.

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This low was lower than the 102 low in 1982 approximately 28 months later.On the Square of 9 Chart, the number 95,768 and 1576 are all on the same axis. They are conjunct. They vibrate off each other. 768 was the 2002 bear market low 20 years or 240 months (a triangle in a 360 month cycle) from the 1982 low.

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1576 was the all time high in October 2007, 20 years from the significant turn 20 years before in 1987 in October.

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Moreover, 95, 768 and 1576 are "conjunct" the date of the first week of July which coincides with an important anniversary date for the U.S.,July 4th-- a date which was not picked randomly by our forefathers many of whom were Free Masons.
The first week in October is 90 degrees or square the first week of July. The significant high in 2007 was the internal high of the
bull market as the October high was a false overthrow and a test failure.
The November 21 low of 741 is 80 degrees, or square the price of 95, 768,and 1576 while the price of 741 is a harmonic of the first week of October.

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Yesterday, the market was 90 degrees in time from November 21st so wewill see if it represents a short term turning point for a possible rally phase into early March which is opposition or 180 degrees in time from the important historical pivot of the first week of September.

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The first week of September is the anniversary date of the 1929 high, and the test failure in 2000, the beginning of the rollover in 1987, and of course the beginning of the Crash of 2008.

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