GANN, William Delbert.

Inquire · Offered by Peter Harrington

Truth of the Stock Tape [&] Wall Street Stock Selector. First collected issue of two books by the renegade financial trader, remembered for his dubious investment advice based on geometry, astronomy, astrology, and ancient mathematics.The Truth of the Stock Tape is a guide to reading the fluctuations of stock ticker tape and adjusting investments accordingly, and the Wall Street Stock Selector is a companion on the same principles. The books were first published in 1923 and 1930 respectively; in July 1930 this collected issue, with the two bound together, was advertised in newspapers at $6.Although derided by professional traders, Gann's pronouncements were eagerly followed by amateur investors during the 1920s boom, who sought meaning and strategy amid rising prices and market fever. "Gann's works are the subject of much controversy. True believers abound and still follow many of his arcane methods of forecasting, which emphasise timing, rather than price or volume, cycles, vibrations... what is evident is that, in certain circles, his work and life are as much revered today as they were fifty or more years ago" (Dennistoun, p. 128).

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