 |
Gann Management Ltd- Celebrating 28 years of
continued success!
|
Telephone 0161 285 4488 | Fax 0161 494 6432 | Email
info@gann.co.uk |
|
05th March 2008 |
The reflection of the FTSE 100 2001 continues to move
in line with the FTSE 100 today.
The reflection of the FTSE 100
2001 continues to move in line with the FTSE 100 today. This has been observed
since October of last year and has a remarkable resemblance enabling us to
anticipate moves with a great deal of accuracy.
As anticipated there has been a short term rally of
31 days. The 2001 rise from 19/3/01 topped out after 31 days then slipped a bit
before rallying back to the tops. There was then a sideways move before the
market collapsed 20 days after the initial top. We cannot expect a perfect
mirror image to last for ever. However, as we stand today it is suggesting the
recent rally is over and there is a move sideways before the collapse. This is
also suggested by the Gann timing angle under.
Another important indicator we use is the informed buyer's index
where informed buyers are bearishly selling into recent strength.
We have also
reached Gann resistance at 6000 but the timing angle is still some way from
where we stand today also suggesting patience is probably necessary before the
index falls.
Over recent years our analysis has failed to expose
'Short' positions but this has now reversed dramatically with 50% of our future
signals being 'Shorts' We also have more bear sectors than bull sectors
emerging from our Sector analysis. This is also indicative of a bear market for
2008.
Our medium to long term trend analysis from 2 week charts is
showing the vast majority of share and market trends turning to the downside.
If you are trading on 'hope' you would be wise to face reality as you could get
smashed before you realize that living on hope is NOT a strategy in bear
markets…and don't listen to that nonsense that markets always rise in the
end. It might strictly be true but will it be in your lifetime and you will
probably need the cash rather than being the devastated owner of useless share
certificates? A hopeful investor in 1929 would have got his money back in 1957
if he wasn't with the great Guru in the sky!
The January Barometer
bellows out crash; crash and more crash and it is 80% accurate. The January
move suggests a fall until the summer followed by a disappointing rally until
the end of the year.
With all these overwhelming bearish indicators now
is probably the time to make money from the downside. We have already started
this process with many more probabilities in the pipeline.
DON'T FOCUS ON MAKING MONEY; FOCUS ON PROTECTING WHAT YOU
HAVE……PLAY GREAT DEFENSE, NOT GREAT OFFENCE….THEN THE PROFITS
WILL FOLLOW' - PAUL TUDOR JONES
This was our headline last
month. We have followed this strategy with some success in a falling market
putting us in line with world leaders with the best still in front of us.
Despite market
falls our 2008 results show that at no point has there been any slippage in the
capital employed. In the first two months we have enjoyed a 6.8% profit which
when annualised is indicating a possible 41% return over the year. Our
extravagant aim this year is 100% if the markets go the way we anticipate.
However markets have a horrible habit of proving you wrong. If they do this
time then our great defence will rescue us from our dreams and our analysis
will force us down the right road.
As we stand today (3/3/08) we are
fully invested with a sustainable level of leverage with happily 45% in short
positions; happily 22% silver and gold holdings and not so happily with two
smaller holdings in South Korea and UPM.
Our pension plans are 45% in cash and 55% Inflation
linked stocks which could be increased shortly on a move into new high ground.
Is it time to join us…we are very good in falling
markets?
|
RING 0161 285 4488 TO BOOK YOUR
FREE SEAT AT ONE OF OUR FORTHCOMING SEMINARS OR CLICK HERE
TO BOOK ON-LINE.
© 2008 Gann Managament Ltd.
All Rights Reserved. Gann Management Limited is authorised and Regulated by the
Financial Services Authority.
GML Company Reg Number: 2069317 GML VAT
number: 616003878
All information on this website - www.gann.co.uk are
subject to the terms of this:-
DISCLAIMER. |
|
