Tuesday, September 30, 2014

Harmonic Vibrations

W.D. Gann used sacred geometry, harmonic ratios and other esoteric methods in his analysis of markets. One such study was known as the 'squaring of price and time'. A squaring of price and time was an important harmonic since changes of trend, accelerations or major highs and lows could be expected on these harmonics. Other harmonics such as 30*, 36* 60* & 72* (triangle and pentagon) should be calculated as well.
On Friday September 19th the S&P 500 Index made a high of 2019.26. September 19th was 2020 days from the March 9 2009 low.
Gann would extend a ONE DAY/ONE POINT angle (45*) from the zero line and looked for points where price equalled or 'squared' time. Such a square occurred on the 19th. Another square occurred at the November 16 2012 low. (1343 price low & 1348 days.)
Yet another harmonic--this time 60 degrees or 1.73:1--occurred on the April 26, 2011 high. Note how the 2012 low at 45* was at the same price level as the April 26th (60*) High at 1343-1347. ( see chart in comments). This is a "harmonic high and low" and represents a very important level in the future. The March 9 2009 low was 667. 667 x 2 = 1334. 3 times the March 2009 low is 2001...close to the 2020 harmonic. Therefore 1325-1350 represents a major support level for the S&P 500. Breaking below that MAJOR HARMONIC means big trouble. Likewise, 2000-2025 represents a strong point of resistance to any sustained price advance.


It is just like a symphony!!!!!




Thursday, December 12, 2013

Decision Point

Long QID @ $16.77 (Average)

Wednesday, December 4, 2013

Long 500 QID @ 17.40  November 7 2013   50%


BUY  500 QID @ market opening December 4, 2013 @ $16.15  50%

Average COST: $16.77


Stopped out of SHORT NQZ13 November 29, 2013  ($3000 loss: 3475-3325)

Thursday, November 7, 2013

PERFECT

Build short positions on any rallies.....

Thursday, October 31, 2013

Tuesday, June 25, 2013

My Sentiments Exactly!!!!!

"The corruption of the exchanges catering to high-frequency traders condones front running of public order flows by HFT (high frequency trading) computers tarnishes a once great history. Public investors are fleeing in droves for good reason. It looks like Wall Street owns its regulators & like public elites, never get prosecuted for their crimes. I'm disgusted with the moral degradation in a financial industry where I've spent the past 50 years of my life."

Ian McAvity

Wednesday, June 19, 2013

UPDATE (Cash Levels)

GOLD

Cancel Buy Stop on Gold: Stand Aside
If Short, Place Stop at 1425.00 (Close Only)

SHORT S&P

Lower Stop (Close Only) on S&P 1675.00
If S&P trades below 1595, Lower Stop (Close Only) to 1660.00

Thursday, June 13, 2013

Tuesday, June 4, 2013

Monday, June 3, 2013

S&P and USB Industrial Metals Index.

Does the adage 'Strong Market: Strong Economy' still hold?


Friday, May 31, 2013

Thursday, May 23, 2013

Wednesday, May 22, 2013