Boris,Good morningold john
Dear John,Very good morning to youGood Trading
Good morning boris and john, question for you boris, since you are a gann cycle student as I understand it, gann does not pick tops or bottoms just turns.Am I correct on that. thanks as always and John keep taking those kids fishing. Good man. Waldo.
Dear Waldo,I am not sure I can speak for GANN. Great trader. I can only speak to my assimilation part of what I hear about his techniques. I read little, unfortunately, so that shows.I think thought that the main idea, that I take, supposedly from his work, is that the best time to enter the market is on the retracments from the, perceived hgihs and/or lows and not to catch the highs and lows themselves, which even he, apparently, thought were wery hard to do.So, I agree with that. I would be more aggressive on such retracements from the first big reaction from the preceived lows or high. So, example would be the SPX has made a low on July 16 and then went high and then lowef to 1234 for 62 FIBO retarce, that was a good point to enter LONGGOod Trading Dear Waldo
Waldothanx, along with the kids, I took a 54 yr old man who had never fished before. It took him much longer to catch on than it did the kids.old john
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