Stock Market Forecast 11-16-12

ARE MARKETS HEADING FOR CRASH?
WHEN THE MARKETS ARE GOING TO REVERSE TO THE UPSIDE...?

I commence with my gratitude to The Creator

I have received more and more of these questions,  recently.
As I have stated in my last post, that more market gurus are talking about crash like "1987 Crash", to be coming again.

Let me put a rest to that question.

Such a crash is not likely in 2012, according to the dominant time cycles of the stock markets. 2013 is a potential candidate for such a crash. Actually AAPL top is due in 2013

As a matter of fact, I foresee the bull market to continue after shedding of sellers during the current correction.

As a matter of fact, my proprietary systems of forecasting saying that, this weekend (11/16/-11/19) is the "Time Cycle" for the reversal and strong bounce, and may be a bottom to the recent sell-off in the financial markets. S&P-500 has also reached my price target (1,340'ish) for the correction.

My balance points indicator also showing correction to end and  a rally to be forthcoming. Price target is being reached within several price/time cycles squaring intervals.

So buckle up for a strong rally.

HAPPY DIWALI

Happy Diwali...!

Wishing for you & your family

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Stock Markets Forecast Update

People are talking of 1987 Crash Again... Is it Deja Vu again?

i COMMENCE WITH MY GRATITUDE TO THE CREATOR

It has been sometimes, since I had posted my forecast.

Let's look at the last few ones, I posted herein.

I said on May 23rd, that if 1,290 is violated then, we have lower prices coming, but I also forewarned that 1283, 1268 ought to offer support and reason to bounce back 

I had qualified my forecast with more details on the same day in another post...

I stated.. " Failure to maintain the lows of 05/18 or 05/21 (see attached chart), shall mean that we another leg down, which shall be 3rd leg (and final thrust to the downside). This could last until 05/25 or it may even continue till 06/01-06/04, the next time cycles posted in my earlier posts.

and then on June 4th, I had stated the following, "

with big heading "GET READY FOR BIG RALLY...

Now we have arrived the time cycle of 06/04-06/06. There is cluster of time cycles around said three days.  Therefore, we would see a lot of volatility (we have already witnessed it on 06/04) and then putting in a swing low (or even a Bottom, may be?)

Although, other traders had agreed to disagree and stated that calls for bottom were premature, and warned that We have DeJa Vu of October 1987 coming in June etc.

Market Forecast Update

It is the Pure Blessings of The Creator that I have been bestowed with the foresight to see through the maze of confusion and noise due to lots of other market forecasters

June 4th was the low and SPX made a low at 1,267, a dollar shy of my forecasted price on the exact day of the time cycle which was forecasted long time before hand...

MARKET HAS RALLIED OVER 200 POINTS FROM THAT FORECASTED BOTTOM PRICE AND TIME/DATE..... 

See the charts here.

IS THE MARKET DONE WITH THE RECENT CORRECTION...???

People are talking of 1987 Crash Again... Deja Vu again....

STAY TUNED FOR THE NEXT FORECAST...