Yesterday, some people were concerned, if my forecast was correct, had I made mis-calculation. GLD did drop yesterday, however, financial markets did not. Gold market has been leader of decline. Yesterday's decline in value of GLD foretold me that financial markets shall follow the pursuit. As I said in one of my posts, that more delays occurs in the following the time cycle, stronger and harder decline shall follow. It is the law of nature.
Markets are down hard today, and gapped 1%+ down at the open.
4 comments:
Faaaantaaastic!!! always.
You have helped me lots of money. thanks God, I believed you and did not close my put options, i rather bought some more on QQQQ and SPY yesterday, at the close.
Thanks a lot.
I am $11,000 + up today.
Didn't someone called you GURU.
It is just media has to find out about you. Otherwise, probably, you are the best.
Thank you Mr Syed, helping me get my trading in shape and I have been making money since, I started following this site.
will the dow goes lower than 8 Feb low, if so by when and what is the target low ?
@comment authors
Please read posts from some pages back.
These are two you may find interesting:
http://trade-in-harmony.blogspot.com/2010/02/financial-markets-outlook-i-had-warned.html
http://trade-in-harmony.blogspot.com/2010/01/year-2010-2011-outlook.html
Dear Syed, can you (in free time) please post a followup on the second link (You compared the current situation to 2003).
Best Regards,
Robert
Post a Comment