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W.D. Gann |
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The legendry astro-trader
who used Indian
Astrology for his
trading decisions. |
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The
degree of success can only be adjudged based on actual
results. Therefore permit us to share a chain of events
in their chronological order. Convinced of the veracity
of the efforts invested since 1987 and feeling that the
time was ripe, we decided to share our views with the
outside world in 1996.
Between 12th November and 22nd November 1996,
we sent an
open letter
to more than 8,000 fund managers, portfolio
managers, stockbrokers etc, all over India, introducing
our method of analysis and prediction. Therein also was
a set of predictions pertaining to the movement of
leading pivotals on the Indian stock market for the
period until 31st March 1997.
That this is not a tall claim in
retrospect is borne by the fact that a leading financial
newspaper,
"Business Standard"
carried an article based on this very letter on the
front page of its edition dated 5th December 1996. It
must be mentioned that the tone of the article was
satirical in nature, but that is not a matter of
discussion here.
Herein below is the
list the events, in chronological order, to assess what
happened thereafter. We collected the news cuttings from
leading financial news papers for next few months.
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"Economic
Times" dated 29th Nov.1996 (headlines):
"SBI
posts Rs.640.80-cr net profit in first half (of 1996-97)".
The profits were substantially higher than previous year's
(1995-96) Rs.230.40 cr. only .The SBI scrip flared up in
kerb (un-official) deals immediately.
We had predicted that the relative strength of SBI
scrip may be the main anchor for BSE sensex stability
during the first quarter of 1997, when other heavy weight
might be in turmoils |
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"Economic Times" dated 3rd Dec.1996 reports that:
"MRTPC slaps notice on Bajaj Auto
for restricting dealers".
We had predicted that Bajaj Auto Ltd. is bound
to enter in turbulent waters from 7th Dec.'96 onwards. |
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"Business Standard" dated 5th Dec.1996 (headlines):
"Shares hit new lows as Sensex
dips 52 points."
Sensex hits 2745.06 figure on
4th Dec. According to analysts at UTI Securities, the
Sensex is expected to touch 2600 within the forthcoming
settlement. Such a gloomy atmosphere persisted in
the first week of December 1996 when
we very courageously predicted that sudden upsurge
from 13th Dec.'96 was imminent. |
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"Business Standard" publishes a satirical article
in its 5th Dec.1996 edition, titled "Prophets have
field day as indices plumb depths", based on
our forecast-letter. Article's highly sarcastic nature
indicates that our predictions were totally opposite to
the prevailing market mood. However, publication of this
article on 5th December 1996 created an irrefutable
evidence that our forecast letters reached its
destinations before 5th Dec.1996. |
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"The Economic Times" dated 12th Dec.1996 (Headlines):
"Sensex shoots up 143
points after PM's promise"
Sensex shoots up 143 points
(5.11%), from 2798.57 to 2941.36, in a single day, after
PM's 'promise' that the Govt. will review the
controversial minimum alternate tax (MAT) on
companies before next budget. It was in confirmation of
our forecast that BSE Sensex can witness a sudden
upsurge from 13th December 1996 for a very short time,
till Christmas holidays. This was for the first time in
many months that the Sensex witnessed a rally of such a
magnitude. |
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"Economic Times" dated 20th Dec.1996:
"Sensex shoots up further during
the week and closes at 3110.19, due to persistent and
heavy all-round buying support."
It was a hefty 311.62 point rise within a span of 10 days
only just before the Christmas holidays,
as predicted.
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"Economic Times" dated 22nd Dec.1996 (article):
The paper
carried an article by P.N.Vijay, a well known stock
analyst, titled "Buoyant
week for market", in which he wrote that it was
interesting that this type of rally should take place at
the fag end of the year. Normally this is the time when
shares should have fallen. His article was a testimony
to the efficacy of financial astrology
which predicted it a month in advance. |
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"The Economic Times" dated 15th May 1997
carried a
statement of Rahul Bajaj (Chairman, Bajaj Auto Ltd.), of
which, some excerpts are as follows:
- "The industrial growth
was quite satisfactory in the first half (of 1996-97). But
it fell in the second half. It is difficult to pinpoint
the reason for the decline."
- "The liquidity problem in the second half was not
worse than what it was in the corresponding period of
'95-96. Similarly, interest rates were not higher than
those in the first half of the year or in the second half
of the previous year. Hence, there must be some other
reason. It could be political uncertainty. But even the
political uncertainty began after February'97."
- "I had to cut down production plans for
two-wheelers."
His statement was in exact conformity of
our forecast in November 1996 that Bajaj Auto is bound
to enter in turbulent waters from 7th Dec.'96 onwards. |
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"Economic Times"
dated 3rd Oct.1997 carried an article, headlined - "Bajaj
stock value plummets 40%" . It said that Bajaj
Auto was the biggest victim of a drop in market
capitalization (MC) on BSE, after the Sensex shed more
than 700 points or 15% over its 52 week high. Bajaj Auto
witnessed the maximum fall (40%) among the Sensex stocks.
We had predicted it months in advance. |
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Needless to mention that our predictions regarding the
movement of the pivotals on Bombay Stock Exchange were
almost correct. These forecasts were later on
beautifully analyzed by
Anshumalee Sood
in his article
"Ashtakvarga
and The Financial Astrology".
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Stock-markets |
BSE Sensex;
NIFTY
Dow Jones,
Nikkei etc.
(Performance
of overall
index,
individual
stocks and
industry
sectors)
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Commodities |
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Coffee, Tea,
Rubber,
Cotton, Rice,
Sugar,
Ground-nut,
Mustard (also,
other
oil-seeds),
Menthol, Silk,
Jute, Jeera,
Wheat,
Red-chillies,
Black-pepper,
etc.
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Currency pairs |
U.S.Dollar /
Indian Rupee
U.S.Dollar /
Euro
U.S.Dollar /
Jap. Yen
... and
many other
pairs
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Others
markets |
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Many other
markets which
are not
covered under
above
categories
(like
lotteries).
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Sports,
Horse-racing |
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Various sports
have not
remained
simply
"Sports"
today. Outcome
of matches
involve huge
amounts of
money.
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Customized
services
Our financial
astrology
services can
be customized
to meet your
specific
requirements.
Contact us
with details. |
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