GML - Where to from Here? - 25th April 2013 - (Updated 30th April 2013)

CATCH A FALLING STAR
for Golden Returns
AND HEDGE IT WITH OUR SOLID PERFORMER

During my life time analysing the world’s investment opportunities there are times when exciting matters of great importance emerge… now could be such a time.

The first time I experienced a similar opportunity was way back in December 1974 two years after I first encountered the genius of Gann and had learned to believe in the exactitude of natural law on the behaviour of the markets. This enabled me to follow the rules and enter the UK stock market after it had an 85% fall. My clients at the time extracted up to 300% from this opportunity. In order to act, a firm belief is always vital at that time. My level of belief is now far ahead of what it was in those days and my techniques whilst still solely based on Gann are far more effective. Note the ability to precisely anticipate well in advance future tops and bottoms and the exact timing of trend reversals http://www.gann.co.uk/signals.htm This ability resulted in a remarkable 34 consecutive exact timing and price levels being predicted during what was a difficult period for most investors.

If we now go back to the 1970’s making a decision to move from a 100% cash stance to equities was preceded by many temptations to enter the market mainly with the clamour from others that the market was far to low. Gann’s general advice that it is never too high to buy and never too low to sell helped keep me out until there was overwhelming evidence that the market was about to bottom out. Prior to this, in 1973, for 6 months there was a rising expectation that the market was stabilising and many were sucked in (See point A on the chart)…then the devastating crash from 450 to 300 in a few weeks shattered the bulls dreams! From there onwards sharp falls were persistent followed by meaningless rallies.

Then the magic numbers 66.66% & 50% from lows emerged backed by other less important percentages and a vital rising angle. The highly significant natural square number of 144 (12/12) was then hit which precisely heralded the massive rise.