Friday, May 20, 2011

Stock Markets Forecast Update

I commence with my gratitude to the Creator

We have reversal at our hand today, and thus it proves that we have a bear trend started.

9 comments:

luc said...

so this means that bull market which lasted from march 2009 is over ?

and this isnt just a correction but trend reversal from bull to bear market ?

Anonymous said...

hello Mr. Syed,
losses of the US index have been pared back, will it affects the reversal or it will be a trap?

Harmony Teacher said...

Anonymous reader has the answer from the market itself. it was trap!

and yest Luc we have reversal!

Anonymous said...

Good call Mr.Syed,

Do we have a CIT for next week or do you forecast us to drop? i.e., is this a major correction or the first leg of a downturn?

Patrick.

Anonymous said...

Hey im new here.

Im sam, how is everyone?

I look forwards to being a active memeber

luc said...

wow so propably big things will happen again just like in 2008

do you agree that dollar will rise a lot because of declining stocks and euro ?

i think euro is going to fall like a rock, greece 10y bonds are now at rate 16.5% !! which is clear bankruptcy alert

ireland is 10.5% and portugal is coming to 10%

this means that big troubles are coming, who knows maybe euro as a currency will not survive - what do you think ?

i wonder what cycles/astro are showing for dollar and euro

Anonymous said...

Dear Mr Syed,

Could you please share how long would this bear trend last for?

thanks.

Brad said...

If I got this right Mr. Syed is predicting that there will be no significant higher highs for years. Could that possibly be true?

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