Summary
The first email in PSE’s dedicated Gann subscriber series. Phil Anderson introduces Gann’s core principle that markets price in future events well before public news breaks, using the February 2020 COVID sell-off and a Bloomberg report on elite hedge fund briefings as a live case study. He then connects this to Gann’s time-axis work — specifically the March equinox as a known turn date — and previews the broader cycle framework of 30/60/90 degree time intervals across days, weeks, months, and years.
Key Claims
- Markets discount future events in advance; insiders act before news becomes public — confidence: high
- Buying good news or selling bad news is almost always a losing strategy because the move is already priced in — confidence: high
- Price lows form on headline bad news; price tops form on headline good news — confidence: high
- The February–March 2020 market top and crash is presented as a textbook example of this principle — confidence: high
- W.D. Gann was uniquely focused on the time axis of charts, not just the price axis — confidence: high (attributed claim)
- The March equinox marked the major trend turn in 2020 and is a knowable date in advance — confidence: medium (cycle-based, not independently verified here)
- History repeats in set time frames organised around the circle: 30, 60, 90 units (days, weeks, months, years) — confidence: medium
- 360 months = 30 years (one full circle); 360 weeks = 7 years — confidence: high (mathematical claim, core Gann framework)
- Never trade against a strong trend unless you have a clear time-based reason combined with confirming news — confidence: high
Mex Pete References
None.
Stock Picks / Signals
None.
Predictions / Forecasts
None — this email is retrospective and educational, using February–March 2020 as a historical example. No forward price or date forecasts are issued.
Notable Quotes
“The big turn of trend happened at the March equinox. That’s a ‘time’ date you can know — or look out for — in advance.”
“Only one — W.D. Gann as far as I know — ever thought to ask himself something like: ‘I wonder what the other axis of the chart does, the time axis? Not just the price axis.‘”