Customer Reviews

New Stock Trend Detector: A Review of the 1929-1932 Panic and the 1932-1935 Bull Market : With New Rules and Charts for Detecting Trend of Stocks

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In my opinion, this is probably the most important book written
by W.D. Gann. I usually listen many comments from other Gann
student who consider '45 years in Wall Street' as the best book
of this author, but this is better. I think that if you read many times 'New stock trend detector' you will find hidden some very important trading techniques that will help you to keep a good track record in your future operations. Naturally, the work for 'decode' this techniques among the examples made by Gann,is hard but if you 'love' the stock market and you need a real help in your trading, this is the book for you.

AN EXCELLENT BOOK.A MUST FOR ANY TRADER AND ANYBODY INETRESTED IN UNDERSTANDING GANNS METHODS & TECHNIQUES FOR FORECASTING STOCK PRICES

Great book. I just wish Gann was around to help us out with the stock market today. I think he's a good instructor. He tries to illustrate his meaning over and over again with plenty of examples. I think it's so interesting to read about the history of the stock market and the financial situation in the U. S. I know from other readings that his great secret was the use of astrology to help him predict the stock market. There's plenty of evidence of others who were successful in its use also. It's too bad so many people are so closed minded. Gann became a millionaire 50 times over because he wasn't. There's something to say for that.

I wish everyone could read the last two pages of the book where he talks about Roosevelt's mistakes. It looks like Obama is trying to repeat the the same policies as Roosevelt even though they didn't work and only made things worse.

Here is a quote to illustrate: "No one man or set of men is greater than all of the people of this country. The majority of the people voted to elect Roosevelt and did not know they were electing him to direct a lot of 'brain-trusters' to run the country. Congress has submitted to Roosevelt and permitted 'brain-trusters' to run things. The government is no different from any other business or individual who spends two or three times as much as it earns and may eventually go bankrupt. Government's interference with business and the government's heavy expenditures simply mean trouble ahead and a day of reckoning must come and the bill must be paid by the taxpayers......If the policies that are now being pursued in Washington continue for another four years, this country will be ruined........."

I wish I could quote the whole two pages to you, but it would be well worth your while to check Roosevelt's history as a president on Wikipedia. That was a revelation to me. I had always been told he was a great president, but now I know better. One does have to wonder why an administration would try to repeat failed policies if they really have the welfare of this country in mind. Roosevelt fooled my parents and my grandparents with promises of great retirement incomes from Social Security. You see what happened to that. Now we are asked to believe we will have great health care if we just turn over our lives to the Federal Government. Too bad so many people have to learn the hard way.

Gann was not only a brilliant man, but he spent a lot of time in old age that he didn't have to spend trying to help others to learn about the stock market. I think the only reason he didn't tell people about the astrology was he didn't want to contend with the prejudices against it.