I went to work when I was just out of grammar school. I got a job as quotation-board boy in a stock-brokerage office. I was quick at figures. At school I did three years of arithmetic in one. I was particularly good at mental arithmetic. As quotation-board boy I posted the numbers on the big board in the customers' room. One of the customers usually sat by the ticker and called out the prices. They couldn't come too fast for me. I have always remembered figures. No trouble at all.
Wednesday, 29 October 2014
Tuesday, 21 October 2014
Sunday, 12 October 2014
This book is considered a classic by many investors, where Mr. O’Neil shared the lessons he learnt from the like of Gerald Loeb, Bernard Baruch, Jesse Livermore, Nicolas Darvas, etc. Here are a few great excerpts from the book (2009, 4th edition):
Saturday, 4 October 2014
Tuesday, 30 September 2014
[This is the complete Chapter 7 from W. D. Gann’s book, The Tunnel thru the Air, published in 1927.]
In making my predictions I use geometry and mathematics, just as the astronomer does, based on immutable laws.
I am a believer in the Bible. It is the most wonderful book ever written, a book of science, philosophy and religion. I claim that all scientific laws are laid down in the Bible if a person knows where to find them.
Sunday, 28 September 2014
If you will look at your calendar years and rules, you will see that the 9th year at that time was the “blow-off” year in the cycle; the reason for this was because Jupiter-Saturn, the cycle that the master time factor is based on reached approximate position of opposition approaching; and symbolically (ideally) and actually past study of his indicated that this was why and how the stock market actually acted in past similar cycles. Giving (as he said) not only the cause but the proof of market action. The same thing happened in 1929 but it was a much bigger “blow-off” because it was the end of the 60-year cycle (or 3rd 20 year cycle).
Tuesday, 16 September 2014
“When Robert was a little over two years old, his mother gave birth to a girl, the first born to her, but still she showed great interest in Robert; talked much of his future and took great interest in teaching him to live according to the Bible.”
That was the only sentence in the book that Gann ever mentioned about his sister, and his sister never appeared in the story again.
While it may seem like a trivial fact in the story, it is believed that Gann actually hid some important information in it.
Hint: look at the astrological chart slightly after Robert’s birthday in 1908. Robert was born in 9th June, 1906.