…Of everything I read Terry Laundry’s Magic T Theory made the most sense to me. …Terry was an eccentric genius living out on Nantucket Island. He was a fellow Marine, a jughead, who’d graduated from MIT and was now using his considerable engineering skills to analyze the market. Terry believed that the market spent the same amount of time going up as it did going down…When you look at the letter T, hence, the Magic T Theory…With the Magic T there was order in the universe a high and low tide every…The Magic T and I became as one. - Marty Schwartz, legendary trader and author of the “Pit Bull" This site is sponsored by my investment company ASIC which has applied T Theory to managed accounts since 1978. First time visitors should go to American Shareholders OnLine and read my personal background, our management results using T Theory, and pay particular attention to our proprietary " Best Bond Strategy" which we believe is the best path for those of us who are conservative investors. Otherwise we make no recommendations as we are generally negative on the long term trend for equities but have a bullish forecast for gold as a haven. Observations for Sunday March 7 2010 Today's topics Advances my Gold T Theory with two charts, a link to historical data, and one Audio commentary. Click on the images for a larger sized chart. Terry's T Theory Audio Commentary for todays topic: Audio Download TTO20100307 Daily Historical Data for the Gold Mega-T can be seen at Daily Gold Prices - London Gold Fix Price History Each Sunday, unless otherwise noted, I post my observations here by Sunday afternoon. The presentation makes use of my charts which you can download and print for a more detailed picture. My mp3 audio files provide the bulk of the commentary. If you have a problem listening to them, or they cut out, experience shows that your computer's audio memory has become saturated. A restart of your computer should clear up the problem. At the bottom of this page I have added links to prior Categories and prior Posts. If you have a specific question about T Theory you may email it to me via the envelope below. However I am busy and I won't be able to reply until I get a break. Thank you for your interest and comments.
A PDF view of this chart is here Download GLD2010.03.7PDF
