Historical Market Cycles

Periods When to Make Money

Explore a late-19th-century market-cycle card, learn how its three printed rows were intended to be read, and separate the historical idea from a modern, tested forecasting method.

Compiled 1872Card copyright 1883 / 1897Public-domain scan

Read The Original

Three Rows, Three Market Conditions

These labels summarize the language printed on the card. They describe its historical theory; they are not promises about future prices.

Panic years

Years the card associates with financial panic or acute stress.

Good times and high prices

Years the card historically framed as favorable times to sell.

Hard times and low prices

Years the card historically framed as favorable times to buy.

Primary Source

Explore The Historical Card

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Periods When to Make Money historical forecasting chart

Interpretation

What This Document Is — And Is Not

What It Is

A historical cycle hypothesis

The card organizes selected years into recurring categories of panic, prosperity, and depression. It belongs to a 19th-century tradition of looking for repetition in business and commodity cycles.

What It Is Not

A validated timing system

The printed sequence is not a modern backtest, a guarantee, or a complete explanation of market behavior. Treat it as a research artifact and test any cycle claim against independent data.

Provenance

The Tritch Promotional Card

The scan identifies George Tritch Hardware Co. of Denver and reads “Compliments of George Tritch.” Its visible text says “Compiled 1872,” while the copyright line at the bottom shows 1883 and 1897. This page describes the object by what is printed on it and does not present it as an original W. D. Gann document.

Image recordWikimedia Commons public-domain scan