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His
indications were uncanny |
W.D.Gann was a “Wall Street Scientist”. He could forecast top of the Bull Market a year in
advance. He has scored another
astounding hit in his 1922 stock forecast issued in
December 1921. That forecast called for first top of the
bull wave in April, second top in August, and the final
top and culmination of the bull market October 8 to 15,
and strange as it may seem, the average prices of twenty
industrial stocks reached the highest point on October
14 and declined 10 points in thirty days after that
date.
Mr. Gann predicted a big decline for the month of
November. He said in the 1922 forecast: "November
10-14 panicky break". During this period stocks
suffered a severe decline, many falling 10 points or
more in four days and on November 14 lowest average
prices were made with 1,500,000 shares traded in on the
New York Stock Exchange.
People were just amazed by the result of Mr. Gann's
remarkable predictions based on pure science and
mathematical calculations.
ast century. |
