Tuesday, April 24, 2012

Stock Market Update

I commence with my gratitude to The Creator.

I received an email, which required a clarification...

First question was about my repeating of the name of God in each of my public posts (as you don't know or see how I behave privately)
Well the answer is clear and very simple... Some understand it easily and some have hard time getting it why...?

I am not invoking The Creator's Name. I am merely offering my humblest gratitude for His Countless Blessings. and even if I do my offering of gratitude to Him all day and night, every moment of my life, it is still NOT enough. When I look at myself and around me, I am floored by His Bestowment of His Kindness upon me. How can someone thank enough to His/Her Creator? When we cannot even thank enough to the person, who helps us in our time of need or rescue. How can we be grateful enough to Our Creator... Hence, my consistent offer of gratitude... Why not publicly. He Blesses me (and all of us) publicly .....
Now about my perspective about the markets...

I have been bullish and still am in the sense that after a correction is completed, market shall go higher, than current price levels.
But read my disclaimer in the most recent post. It stated and I quote, "Based upon the time cycle analysis (of AAPL), if this forecast is correct, then AAPL shall stay low until 3rd week of July and/or shall find its final swing low bottom in the first week of August." I continued to state, "That means.... IF this is wrong, then I am dead wrong. ... But, what if, I am correct, then..... I must retract from my current bullish stance about the markets..... at least for now.... IF APPL forecast pans-out successfully, then, Stock markets shall fall at least 11% from its recent peak on 04/02. That means that S & P-500 is going to test 1,272-1,282 area..." End of Quote:

Above analysis is totally based upon outcome of the AAPL forecast and it dropping at least 30% from its top of $644...
I am expecting AAPL to drop severely within next month or so.... and if that does transpire, then stock market shall get also affected and shall experience and knee-jerk blow to its price... If does not .. Then my discovery of new time cycle of AAPL was incorrect.... simple....

Remain Blessed

1 comment:

Anonymous said...

Understood, thankyou.