THE GANN WHEEL IS A SQUARE ROOT （江恩轮是一个平方根）.doc

THE GANN WHEEL IS A SQUARE ROOT CALCULATOR The Gann Wheel, what most people probably think of as the Square of Nine, is sometimes called a Square Root Calculator or a device that Squares the Circle. This simple illustration may explain how and why these terms came about. You probably recognize that the illustration is just the first few rings of a Gann Wheel with the numeral 1 at the center. 31 32 33 34 35 36 37 30 13 14 15 16 17 38 29 12 13 4 5 18 39 28 11 2 1 6 19 40 27 10 9 8 7 20 41 26 25 24 23 22 21 42 49 48 47 46 45 44 43 In Square of Nine parlance we say things like 19 is 90 degrees from 15. That makes sense only if you can visualize that this rectangular table of numbers is enclosed in a circle (or series of circles) of 360 degrees. In this case, the number 19 is 1/4 the way around the circle from the number 15, or 90 degrees in circumference from 15. The number 34 is directly above the number 15 and positioned one circumference or one ring outside the circle that contains the number 15. In the same sense that we can say that 19 is 90 degrees from 15, we can say that 34 is 360 degrees from 15, or one complete rotation of the circle from 15. That explains where squaring the circle comes from. A more accurate expression would be that were circling the square but that never did catch on. HOW TO ROTATE AROUND THE GANN WHEEL Heres where it gets fun. The square root of 15 is 3.87. Add two to the square root of 15 and we get 5.87. Square 5.87 and we get 34.49 which rounds to 34. Now we know that adding two to the square root of a number and squaring that sum is the same thing as a 360 degree rotation up on the Gann Wheel. If 2 represents a 360 degree rotation then 1 represents a 180 degree rotation, 0.5 a 90 degree rotation, and so on. W.D. Gann tells us that 90 degrees in very important in the stock market. What Gann is really saying is that adding and subtracting .5 (and exact multiples or proportions of .5) to the square root of a stock price and then sq