I commence with my gratitude to The Creator
Market Indices have reached at the levels, which are the ceilings, as resistance, and it is happening within the time cycle alignment with the price. Time cycles are being squared.
Therefore, Next Week is down week. Today's is (or Monday for Asian and European Markets) is the top of the swing high day.
7 comments:
Sir,
Thanks for your commentary! I agree with you 100%! Is your statement, "..Time cycles are being squared.." a reference to some of Gann's square of 9? Or is it something else?
I would be extremely grateful if you could provide some suggestions of books, etc. regarding the aspect of time cycles for individual stocks or markets. I am slightly familiar with works of people like Eliades, Gann and Jenkins, but would be extremely interested in any source of info. that you could recommend!
Thanks in advance! And thanks, once again, for being so generous with your expertise and knowledge!
Bless you and have a great weekend!
BDP
thanks for the update,
gis
Hello Mr. Syed, I have 2 minor enquiries about your forecast.
S&P have overshot the 1328 ceiling for 1%, will it create any new cycle or just be no problem?
American market will be closed in monday, I doubt whether the Asian/European market will top in tuesday but not monday?
Thanks Mr. Syed,
The time cycle gives us the good chance to sell off some stocks and buy put!
best regards,
Ray
Comments such as above, beg the obvious questions i.e. what exactly is a "time cycle"? How does one calculate one? How "reliable" are time cycles? If anybody, including or excluding Mr. Syed, wants to chime in, they are most welcome!
Thanks!
BDP
Dear BDP!
Thanks for the inquiry.
Time Cycle is the ONLY reliable thing in the business of life, including but not limited to the financial markets.
What is time cycle?
Sun (and other planets) rises at certain time and sets at certain time. You can only grow a specific plant, crop or other habitat a certain time, timed with Sun Moon or other planets.
To answer, in one post, will be UNJUST.
To be fair with you and the yearn to the learning,
Look above the top of the page, you shall see a blue banner of video seminars.
click on the blue banner, of 4 FREE video Seminars. Get registered and after Free trial, browse through thousands of books on audio and/or videos.
That is the most effective and expedient way to begin your journey of the specific knowledge.
Once you in the library of the archives of the multimedia, then, ...
Search under Gann, timing the market, trading commodities, system to trade, etc.
Good luck learning
Sir,
Thanks for your guidance! I have actually tried and found loads of useful videos by famous traders like Larry Williams, etc. It has been a great experience. Still, I realize that true learning will only occur when I apply the knowledge in real-life situations. I am committed to giving it my best i.e. 100% effort and no less.
Once again, thanks for your guidance!
BDP
Sunday, July 3, 2011 9:55:00 PM PDT
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