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Most Helpful Customer Reviews
37 of 39 people found the following review helpful:
5.0 out of 5 stars
The Key To Gann's Method Of Forecasting,
By James Smithson (London, U.K.) - See all my reviews
This review is from: Tunnel Thru the Air or Looking Back from 1940 (Hardcover)
William D. Gann (1878 to 1955) was an outstanding stock and commodities trader. He was also a prolific teacher of how to make speculation a profitable profession, writing some seven books and producing two courses on trading the stock and commodity markets. However, Gann's superlative skill was his ability to produce annual forecasts of the stock and commodity markets one year in advance. Although he also sent his clients supplements, which corrected his annual forecasts when necessary, the overall accuracy of these annual forecasts is highly impressive. For example, Gann's annual stockmarket forecast for 1929, which was published in November 1928, unequivocally forecast the "Great Crash" in the fall of 1929.Gann's forecasts of the stock and commodity markets were based on his secret "time factor", which he described as follows: "Many people want to know what method I use to determine future indications on the market. I keep charts of the various active stocks and also a set of averages. My charts are different from the charts of the average statistician because they are based on a discovery of my own. I have discovered a "time" factor that enables me to determine important tops and bottoms one year or more in advance. My annual forecasts on stocks, issued in December for ten years past, have proved remarkably correct. The cotton and grain markets can also be forecast by this "time" factor, which enables me to tell when extreme highs and lows will be made, as well as the minor moves" ("Truth Of The Stock Tape", 1923, page 41 of appendix). Although Gann was unwilling to explicitly reveal his time factor in his books and courses on trading the stock and commodity markets, he was prepared to leave strong clues in his novel entitled "The Tunnel Thru The Air", which he wrote in 1927. The book describes the events in the United States leading up to the Second World War through the life of the principal character, Robert Gordon. Most importantly, in the foreword to this book Gann wrote, "'The Tunnel Thru The Air' is mysterious and contains a valuable secret, clothed in veiled language.....When you read it the third time, a new light will dawn. You will find the hidden secret.....The future will become an open book". Gann's "valuable secret, clothed in veiled language" in this book is that, as the Bible clearly states, astrology really works. This theme runs throughout the book and is illustrated in the following quotations: "Robert was a great believer in Astrology because he had found this great science referred to so many times in the Holy Bible. He had made notes as he read the Bible at different times where it referred to Astrology or the signs of the heavens and was thoroughly convinced that the influence of the heavenly bodies govern our lives" (page 172). "I believe in the stars, I believe in astrology, and I have figured out my destiny. The Bible makes it plain that the stars do rule" (page 66). "Through my study of the Bible, I have determined the major and minor time factors which repeat in the history of nations, men and markets" (page 70). "I have studied the Bible very carefully because I believe it is the greatest scientific book ever written. The laws are plainly laid down how to make a success. There is a time and a season for everything and if a man does things according to the time, he will succeed" (page 204). "Robert had gone deeply into the Bible study in order to learn more about the great science of Astrology" (page 213). "He read all the books he could get on astrology and began to understand why things had happened as they had" (page 215). In summary therefore, the "valuable secret, clothed in veiled language" of Gann's book "The Tunnel Thru The Air" is that, as the Bible clearly states, astrology really works. Consequently, the very important implication is that the "time factor" which Gann used to prepare his annual forecasts of the stock and commodity markets is in fact astrology. In conclusion, if we as investors and traders wish to emulate Gann's outstanding ability to forecast the stock and commodity markets, it is absolutely necessary that we too learn astrology and then apply this knowledge to the analysis of the financial markets. Once we have mastered how astrological influences affect the financial markets we will, like Gann, become the foremost investors and traders of our generation.
8 of 8 people found the following review helpful:
5.0 out of 5 stars
W.D. Gann; The Great Guru of Wall Street !,
By Russ (USA) - See all my reviews
This review is from: Tunnel Thru the Air or Looking Back from 1940 (Hardcover)
W.D. Gann was a legend in his own time. Although most people today have not heard of him, he was very well known in the first half of the 20th century. He was famous for making amazingly accurate predictions on the stock and commodity markets a year in advance. This book, 'The Tunnel thru the Air', is by far the best book he ever wrote. It is his ONLY book where he gives away his greatest secrets for predicting the markets (well, he sort of gives them away; the reader has to be willing to make a study of the book; that's why Gann advises readers to read the book three times). Using the information obtained from this book, I myself have made some very satisfying stock predictions. Seek, and ye shall find ! Study, and ye shall be rewarded !
9 of 10 people found the following review helpful:
5.0 out of 5 stars
Esoteric Masterpiece on Market Behaviour,
By fritz Fratz (St. Moritz) - See all my reviews
This review is from: Tunnel Thru the Air or Looking Back from 1940 (Hardcover)
There are certain literary endeavours which have several layers of meaning imbedded in them. This profound book is a very valuable key to economic independence. It requires patience and hard work and probably a life devotion to unwinding its esoteric meaning. Do not expect to read this once and obtain an understanding of what it means. This book requires a good deal of background in esoteric matters such as Astrology and Kabbalism; it also requires diligence because every line must be combed for veiled meanings. There is no quick scheme for riches here. If you enjoy learning, exploring and growing this book will reward you. If you are looking for a get rich quick thing I don't think you will appreciate this work. To the discerning reader, I would suggest that once you have attained Mastery of all this, the irony is that the obtention of the riches becomes almost irrelevant, since you have obtained a wealth that far exceeds that of the mundane world!
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