Friday 24 February 2017

Safety First

Paul Henry O'Neill (born December 4, 1935) is both a well-known politician and businessman in the United States. He served as the Secretary of the Treasury under President George W. Bush until 2002. Before he joined the government, he was chairman and CEO of Pittsburgh-based industrial giant Aluminum Company of America — or Alcoa, as it was known — where he had a very memorable experience which people pass on as a valuable lesson for business leaders (Duhigg, 2012).

Friday 17 February 2017

The Hero’s Journey

Joseph Campbell is an American mythologist who is famous for his study in ancient stories around the world. He discovered that all famous stories, no matter which part of the world it originates, share a very similar structure. Campbell also found that all characters in those stories fall into comparable archetypes which tend to repeat and again. In 1949, he published his masterpiece, Hero of a Thousand Faces, to disclose his findings, and many believe this to be one of the most influential books in the century.

Saturday 11 February 2017

The Natural Law

[The following is a famous interview of legendary market forcaster W. D. Gann by another famous stock market legend Richard Wyckoff in 1909. In this interview, without uncovering his exact method, Gann revealed some principles underlying his stunning predictions.]

Sometime ago the attention of this magazine was attracted by certain long pull Stock Market predictions which were being made by William D. Gann. In a large number of cases Mr. Gann gave us, in advance, the exact points at which certain stocks and commodities would sell, together with prices close to the then prevailing figures which would not be touched.

Saturday 4 February 2017

Overhead Supply

The best time to buy shares in the market is when the supply of shares begins to dwindle. In laymen terms, it is a time when the sellers have done their selling and starts to disappear. As soon as there are no more people selling the shares, the price will be free from a burden of supply and ready to go higher.