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he union。 Add to this。the fact that John L。 Gann inherited no cash upon his。father's passing — it passed to his。surviving wife； Londi — and you have all the motive needed for why the father and son did not see eye to eye。
The most important question needing clarification is。whether Gann's。money trail can be tracked。 It wasmon practice of high…net…worth individuals。to take funds。out of the United States to avoid ine tax； which was。staggering during the Depression。 During this。period of high taxation； Gann frequently flew to the Cayman Islands。out of Miami。 His。lifestyle substantiated his。trading success。as。he maintained his。Wall Street office through the Great Depression and kept his。employees。on a time…share basis。throughout this。difficult period。 He was。also one of a handful of businessmen able to own two planes and retain a pilot during this。historic。economicntraction。
Gann's pilot； Elinor Smith； worked for him for more than twenty years。 Their many flights。included Gann's。sojourns。to the Cayman Islands。 Elinor Smith's。fascinating stories。substantiate and clarify Gann's。transfer of funds。out of the United Suites。 My interview with Elinor Smith is。the most interesting I’ve ever conducted。 She represents the history of aviation。 She was。the youngest professional pilot； with a pilot’s。license signed by none other than the father of aviation； Wilbur Wright。 Gann and Elinor spent months。preparing for her solo flight attempt to Rome from New York。City。 Clearly； Gann had hoped to find a route by。air to Egypt to pursue his。research （a connection that will be explained more clearly in a moment）。 Unfortunately； because of the exorbitant costs。during the deepening depression； the plane was。eventually sold； to Amelia Earhart no less。 The lost opportunity to break Charles。Lindburgh’s。record for the longest solo flight was。Elinor's。greatest disappointment； though at one time she held even aviation record within the continental area of the United States。 Gann never forgot this。and upon his。passing； he gave Elinor a gift of tremendous value； the significance of which she admitted was。hard to fully prehend。 Without even knowing it； she held the key to Gann’s。methods。 Some day Smith's。full story needs。to be told； but her greatest contribution to the followers。of W。D。 Gann was。the old black。leather suitcase secured by two leather straps； which became a gift to me after the interview。
To understand the chart work。of W。D。 Gann； one must study the man。 As。his。obituary states； Gann was。a 32nd degree Freemason of the Scottish Rite Order。 The suitcase Smith passed to me was。filled with the source graphics。taught by the Freemasons。that Gann applied to his。chart work。 The teachings。of the Freemasons。are so pivotal to Gann’s。market analysis。that he draws。the insignia of the Freemasons。on the cover of his。book。The Tunnel Thru the Air （Lambert…Gann Publishing； 1927）。 The diving airplanes。turn into set squares。 The insignia itself is。on the bottom of the front cover at an exact 61。8 percent ratio from the left corner。 Gann’s pool of knowledge from the Freemasons was。the source of his。market analysis。methodology； and the son would have no part of the years。of study required to master the principles and concepts。
The Scottish Rite has。a number of various。side orders。such as。the Royal Arch； Rose…Croix； Rosicrucian Fellowship； and Knights。Templar。 The European orders。guarded their secret teachings。and Greater Mysteries。with punishment of death should one openly reveal the content。 The teachings。can be traced back to the Egyptian priests who trained Pythagoras。and Plato； from whom the philosophies。of modern…day civilization emerged。 Pythagoras。is。credited with the discovery； around 580 BC； of the golden mean ratio of 1。618 through sound harmonics。
As。a 32nd degree mason； Gann's。standing was。only one degree less。than the leader of multiple lodges； and he was。bound by the ancient custom of secrecy。 Therefore； in order to openly teach his。market analysis； which draws on the Freemason teachings； he wrote in a veiled language and used his。son's work。to disguise his。own。 The student armed with this background can discern in his。writings。the valiant effort he made to reveal all he knew。 Without this。clarification； the market brilliance of W。D。 Gann bees。lost in a tangled veil of mystery and confusion。 It is。ironic。that the material within Gann's。suitcase was。passed into Smith's。hands。and then mine； because the order's。teachings。are denied to women。
Gann traveled to Egypt not only to study the historical prices of cotton； but also—and primarily—to further his。understanding of the ancient quadrivium。 The word is。derived from the Latin roots quad （four） and via （ways； roads）： a crossing of four roads。of study。 In medieval universities； the quadrivium consisted of the four subjects： arithmetic； astronomy；
geometry； and music。 These disciplines。remain within the body of knowledge passed on by the Freemason orders。 Gann’s。market analysis。incorporates。all four disciplines。
The subject of mask。within the quadrivium was。originally the classical subject of harmonics； in particular the study of the proportions。between the musical intervals。of a monochord； which can be translated as。the harmonic。proportions。within a range。 In modern applications； the quadrivium may be considered the study of number and its。relationship to physical space or time： arithmetic。is。pure number； geometry is。number in space； music。is。number in time； and astronomy is。number in space and time。
Time Analysis
Gann was。a master of confluence cycle analysis。 Few students。of Gann realize the first edition of his。book。How to Make Profits。trading in modities。（W。D。 Gann & Son； Inc。； 1941） describes different charts。than does。his。revised 1951 edition （Lambert…Gann Publishing pany Inc。） in distribution today。 There are so few copies。of the 1941 edition that they are hand corrected。 Gann's。time analysis。goes。much further than mapping market turns。 His。method mapped the social； economic； and geopolitical cycles。defining periods。of prosperity and contraction。 In the 1941 edition； he wrote a segment titled 〃Why Hitler Will Lose the War〃 about the ing war with Germany before the United States。entered WWII。
Gann's。1951 release of How to Make Profits。in modities。not only removed the mentary with his。opinions。on the war but also changed some of the charts。he used for his。illustrations。 Why？ The charts。he used in the second edition to replace those in the first proved that the same methods。still applied in different examples。a decade later。 Furthermore； the advanced student will discover the two books。together reveal his application of sacred geometry to mark。inflection dates。and that there are measurable harmonic。relationships。between significant market turns。 Because markets。respect the mathematics。of harmonic。frequency ratios； it explains。why a market can develop a perfect signal in momentum indicators。that bees。a failure。 The signals。that develop in charts。outside these key confluence points。must be ignored as。they are out of phase or should be considered disharmonic。signals。of low probability。 Seeking confirmation of signals。across different charting periods。and finding inflection points。with target confluences。in the same chart all serve to find the harmonic。key the market is。respecting whether the trader is。aware of thisncept of harmonic。relationships。or not。 Sadly； because of the obscure manner in which Gann released his。methodology； many of the books。in print today fail to recognize these essential concepts。that enhance many of today's。technical studies。
Gann's methods。warn that the years。2008 to 2012 will be difficult ones。 There will also be an economicntraction that will be felt globally between 2019 and 2021。 The cycle of bear markets。is。actually one of the easier time targets。to uncover。 But it takes。discipline to master the methods。to detect precise target dates。at defined price levels。 Gann was。the master of the conceptual use of confluence zones。 The use of multiple Fibonacci calculations provided an introduction to the formation of confluence targets。 But Gann's。use of confluence was。far more sophisticated because his。work。viewed confluence as。the intersection where horizontal； vertical； and diagonal projections converge。 Horizontal is。price； vertical is。time； and diagonal is。geometric。space。 In Figure 5。9； the 3…month Eurodollar displays。one type of time cycle Gann used。 It's。called a retrograde cycle。 The bullet over a price bar does。not mean a projected swing high； it denotes。a time target。 To understand the cycle displayed in this。chart； a description of retrograde is。required。
Retrograde Motion
The illustration in Figure 5。10 is。a time…lapse photograph of Mars’s。motion across。the sky； ending on July 26； 1997—a celestial sphere as。seen from a fixed point on Earth。 The constellations。are drawn to offer a reference point。 Such a discussion fits。the quadrivium’s study of astronomy； which is number in space and time。 Keep in mind that this。is。not astrology； which has。subjective interpretation。 We are looking only at the factual scientific。cycle and its。repeatable occurrence。 The National Astronomical Space Administration （NASA） Web site is。a gold mine of scientific。and his