One of the most astonishing calculations made
by Mr. Gann was during last summer [1909]
when he predicted that September Wheat
would sell at $1.20. This meant that it must
touch that figure before the end of the month
of September. At twelve o’clock, Chicago time,
on September 30th (the last day) the option
was selling below $1.08, and it looked as though
his prediction would not be fulfilled.
Mr. Gann said, ‘If it does not touch $1.20 by
the close of the market it will prove that there
is something wrong with my whole method of
calculation. I do not care what the price is now,
it must go there.’ It is common history that
September Wheat surprised the whole country
by selling at $1.20 and no higher in the very
last hour of trading, closing at that fifigure.

1902 1912 1922 1932 1942 1952 1962 1972 1982 1992 2002 2012
The philosophy behind price and time
Gann observed that price cannot exist outside
of time. He was able to quantify that whilst the
price of any stock, bond, commodity or currency
stops trading as the market closes, time continues
forward and is indifferent to price.
Most of you would be familiar with how a stock
chart plots the price of a stock or commodity
displaying its historical price action as a function
of time.
Price is depicted on the vertical y-axis of a chart,
whilst time is recorded on the horizontal x-axis.
Gann identified that there is a total regularity to
time. Each of the hours, minutes and seconds
of a day can be scientififically measured with
precision and measured against a predictable
time line on a chart. At the time, this was a
revolutionary concept.

So much for what W D Gann has said and done
as evidenced by himself & others. Now as to
what demonstrations have taken place before
our representative.
During the month of October, 1909, in
twenty-five market days, W D Gann made,
in the presence of our representative, two
hundred and eighty-six transactions in various
stocks, on both the long and short side of the
market. Two hundred and sixty-four of these
transactions resulted in profit; twenty-two
in losses.
In other words, in a period which covered less
than a month, Gann made 286 trades with an
extraordinary win to loss ratio of over 92%. That
trading resulted in a return of over 1000% of his
original capital.
And just in case you thought that was a typo, it
was 1000%. In my view, this is a trading record
that I have never seen repeated by anyone…
ever! If somebody has, then they certainly aren’t
telling anyone about it.



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