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Alias Born 04/28/2008

Re: None

Tuesday, 08/19/2008 9:27:01 AM

Tuesday, August 19, 2008 9:27:01 AM

Post# of 1807
I want to take a moment to give "W.D. GANN" a big traders Thank you.
(Gann was considered a loony by many over 50 years ago...and now one of the greatest traders of his time.)

I purposely havent changed my ~RDN~ chart(notice how small the chart is relative to all my other charts).
I first constructed the chart on 7/28/08 for "The Cancun Party Bash".

Then on 8/15/08 I revealed what exactly was happening with the chart.

I want everyone to know that it wasnt me that called ~RDN~ but W.D. GANN.Just one rule of Gannology: GANN taught us that uptrenders usually travel at a 45 degree angle.Sometimes the slope is higher,but over time 45 degrees should be major support.Once 45 degrees breaks..."Watch out". In reverse order, 45 degrees can also be a huge resistance, as you see in ~RDN~.

I want to emphasize the square box that I created at the bottom of the chart.That box is the easiest way to achieve a 45 degree angle,just draw a straight line corner to corner.Instant GANN analysis.

-Fibonacci on call

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