Monday, June 14, 2010

William Delbert Gann

William Delbert Gann was born June 6, 1878 in Lufkin, Texas. His father, Samuel Houston Gann, was a teacher, selling horses and cows. He also owned a small Billiard Club.

His mother, Susan Rebecca Gann (nee Trevation), has devoted all his time raising VD Hanna and his younger brothers and sisters. She taught the young William to read through the Bible - the book, which later had an enormous impact on his thinking about the nature of financial markets.

His family was poor. Samuel, Susan and their eight children lived in a small house, and young William to get to school each day walked seven miles over three years. Gunn never graduated from high school.

In 1894, William Gunn, aged 16, he left teaching and began to look for work. He became a peddler (selling newspapers, food ...) in the train, which traveled between Texarkana and Tyler, Texas. He has also worked in stock cotton.

In 1901, he worked in a brokerage firm in Texarkana, and married his first wife, Rena May Smith.

In 1902, the first daughter was born - Nora. 1902 was also the first year, when Gunn made his first deal in cotton.

In 1903 Gann moved to New York. He was already 25 years old.

In 1905, the birth of his second daughter, Macie Burnie. September 12, 1905 in a local newspaper Gunn gives his view on the movement of prices of cotton. In 1906, Gunn worked as a broker in Oklahoma.

In 1907, Gunn gets a big profit on the prediction of panic on the stock market and falling commodity market.

In 1908, aged 30 years, Gann divorced his first wife and marry a 19 year-old Sadie Hannify. Together with him in New York and moved his two daughters.

This was the year when he researched his «Master Time Factor». He traded in the two accounts. First, open the $ 300, earned him $ 25,000 for three months. The second started with $ 130, brought almost $ 12000 for 30 days. Since then, for Gunn reputation unusually talented trader.

In 1909, in Hanna with Sadie was born their first child - a girl, called Velma.

In 1910 Gann wrote his first book "Speculation - a profitable profession. He also publishes a newspaper «The Busy Man's News», and later his famous «Supply and Demand Letter».

In early 1914 Gunn predicts a world war and panic in the markets. In 1915 a son - John.

In March 1918 Gann successfully predicts the end of WWI and the Kaiser's abdication from the throne. His predictions were published in many leading newspapers of the time, including the «New York Times». In 1919 he started working for themselves. He publishes «Supply and Demand Letter», which includes predictions for the stock and commodity markets. In 1923 Gann wrote «Truth of the Stock Tape». This book was rated by many as the best book on the market.

Over a period of 60 days, Gunn got on cotton more than $ 30,000, starting with seed capital of $ 1000.

In 1927 Gann wrote a short story «Tunnel Thru the Air». Gunn wrote it as a statement of their own discoveries. These discoveries have been hidden in the twists the plot of the book. For many years, traders are trying to unlock the secrets of this book, but few succeed.

In the «Tunnel Thru the Air» Gunn predicts the Second World War, in particular the attack of Japan on the United States.

In 1928 Gann successfully predicts the top of the bull market on Sept. 3, 1929 and follow the greatest in the history of panic.

In 1930 Gann wrote «Wall Street Stock Selector». In this book he describes the state of the market from 1931 to 1933. In 1931, Gunn became a member of the New York Rubber Exchange and the New Orleans Cotton Exchange.

In 1932, Gunn gives its customers a recommendation to buy shares during the Great Depression of the base.

In 1936 Gann wrote «New Stock Trend Detector» and buys them is designed all-metal plane "Silver Star". He was the first in the U.S., who owned the private metal airplane.

A few years later he bought a few airplanes. His pilot for 19 years was Elinor Smith. Gunn also buys real estate and high-speed yacht.

In 1937 Gann wrote «How to Make Profits Trading in Puts and Calls». In the same year he divorced his second wife.

In 1940 Gann wrote «Face Facts America». In this book he explains why Germany would lose the war and why America should not enter the war. It also underlines the great problems that he sees in the "New Deal" of the American government and its consequences.

In 1941, Gunn became a member of the Chicago Mercantile Exchange. He holds a campaign against Roosevelt and his New Deal. It was a time when the U.S. government had a huge budget, and the company stopped production of the Ford - the crisis of overproduction.

In 1941 Gann wrote «How to Make Profits in Commodities». The authors of the original edition of 1941 were VD Gunn and his son John.

In 1944 Gann married a third time on Londi, who was 30 years his junior. Gunn treated her like a queen (much to the dismay of their children). Gunn moved to a warmer climate of Miami in Florida. There he sells, is engaged in property investment and continues to teach his students.

In 1948, Gunn sold his company Joseph Lederer in San Luis (Missouri).

In 1949 Gann wrote "45 Years in Wall Street». Based on the merits of the book «The International Mark Twain» makes him an honorary member of the Company.

In 1950 Gann wrote «The Magic Word». This was his contribution to biblical literature.

May 23, 1951 Gunn, along with Ed. Lambert founded the «Lambert-Gann Publishing Company». This company has published all the books and courses Gunn.

Gunn revises and reissues «How to Make Profits in Commodities», removes the name and photo of John from the book. Updated edition in 1951 was a huge success. At the age of 73, Gunn has free tools on the $ 500 a day for his consultant service.

He sells «W.D. Gann Research, Inc. »C.C. Loosely in New York.

In 1954, at the age of 76, Gunn buys high-speed boat, calling it «The Coffee Bean / Coffee grain of" in honor of the success of the transaction on the commodity exchange. «Great Master Course» Hanna sells for $ 5000, and in 1954 it is - the price of the average home.

Gunn suffered a heart attack.

In 1955, Gunn returned from one of his many trips to Cuba, where he liked to buy tickets Cuban lottery and play at the races. He felt sick and very weak.

Son John took him from Florida to New York, where Gunn was placed in a hospital, the Methodist Church in Brooklyn.

VD Gunn died at 15:20 June 18, 1955 at the age of 77 years. Children of Hanna agreed to bury him with his second wife Sadie, in the Masonic section of the cemetery «Greenwood» in Brooklyn, in the alley overlooking the highway Manhattan and his favorite of Wall Street.

(John Gann was a pilot during World War II. He spoke very strongly about his father, especially after he married a third time. John Gunn died in 1984.)

Prophecy or Science?

How Gunn made his predictions of market prices and dates? It still excites the minds of many people seeking to reveal his secret. Gunn himself said that his calculations are based on natural laws. As it may seem ridiculous, he said: "If you can add, subtract, multiply and divide, then you can do the same thing as I am!". In other words he used in his practice exchange mathematical laws. Which? According to him, the circle of 360 degrees, the prime numbers from 1 to 9 are most important from a mathematical point of view. Also, a square and an equilateral triangle inscribed in this circle - these designs to shape the market.

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