Quote from acronym:
Your trading /mentor friend was WAXIE?
Ok, well-the "golden mean", or golden ratio is, basically, a very old method of functional/aesthetic geometry, used by the greeks, most architects since, and evidently many other fields.
Its used in art, too-it just happens to be both pleasing on the eye, and , in architichtural terms, tremendously strong, being the basis of pyramid structures such as , the pyramid of cheops (dont quote me on that) and the lovely structure on the US dollar bill.
It refers to a slightly off-kilter one third /two thirds ratio in most terms, but i guess you could read what you wanted into it, depends what you read or otherwise beleive, it also mean fib ratio's as described by the great rabbit breeder fibonacci, respective interacting standard or non-standard fractions, actually, provided their divisible by twelve.
Something like that anyway, and FWIW the good Dr. Andrews has better gear than Gann, anyday.
The "golden mean" in art terms refers to , usually, the ideal horizon line of a landscape painting, normally approximating, loosely, 33 % from base to horizon.