Some Review of The Old Forecasts Part II

NFLX Forecast 01-26-12

I commence with my gratitude to The All-Knower

I had published a forecast for NFLX on 01/26/2012 and warned that NFLX has completed its time cycle. Therefore, it MUST decline. I gave a time cycle date of 01/30/2012 for it to put in high and then drop, and I said the following,
"NFLX flight is about to land. Its ascension is about to end. Time Cycles have been squared withe recent price ascension. If today is the not the last day, before reversal starts, then 01/27, 01/30 would be the days, when it will resume its downtrend"

NFLX Forecast 01-26-12 Update

01/30 was forecasted to be high, $129.48 was HOD on 01/30. NFLX tried to go higher after said cycle date, but could NOT CLOSE HIGHER since the time cycle high.


From Time Cycle high to low on 03/07, NFLX dropped 20.81%.

In Financial Markets, 20% is considered to be a BEAR MARKET.....OOPS!!!.....
..

GOOG forecast result 

I had forecasted on 01/19, just after the high noon, that GOOG is about to tumble big way. Of course, GOOG was going to announce its earning after the markets' close. It was anyone best guess to 50% chance of hitting big on up or downside.

GOOG dropped next day over $57 the next day, and It didn't stop its decline until after, it has lost total $77+ from the high of $641 before the drop......... OOPS!!!.....

Thanks God for fulfilling the forecasts.

Some Review of The Old Forecasts Part I

I commence with my gratitude to The All-Knower

Every now and then, I shall have a miss on my forecast, (which I love the most, as it keeps me alert, and always reading and continuing learning, thus not letting get rusted, BTW, I have 88+% success rate)

AAPL forecast date 01-1-2011

But I was reading a book the other day, which states, that the unsuccessful events are only to learn the lessons and thereafter, the events must be forgotten only to keep the lessons learned. However, always remember the full details and feelings of the success, especially the "Great" Successes, so that your subconscious and conscious minds, get reminded the innate talent bestowed upon you.

I shall be reviewing some of the my forecasts from the past. For example, see the chart here for AAPL posted back on 01-01-2011, where I had forecased a price level of $363.01 as a target to achieve first (AAPL was trading $325 area that is a gain of about $40 or 12.3%) and then labeled it as DEATH ZONE FOR APPLE. and Time zone was vicinity of EO of January/February 2011.

Now see the attached chart after the Forecast...

AAPL Forecast 1-1-11 review

AAPL hits its all time high back on 02/17/2011, and  High of the day $364.90 and CLOSE OF DAY=$363.13 (oops missed by 12 pennies). AAPL Could NOT Recover that level not until 5 months later. Every time, AAPL tried to sneak near the death zone, it was pushed back 10-12%. AAPL made 6 attempts (including 02/17/2011) and was rejected and it made an 7 months low on 06/20/11 @ $310.50, thus dropped a whopping 15% loss from the $364.90 high or $363.15 close of the day on 02/17/11. It could taste that for once.... during said  long period of 5 long months.. THANKS to The ALMIGHTY!!!

Stock Market Forecast Update and Current Outlook

I commence with my gratitude to The All-Knower

I submitted the following forecast on February 29, 2012.

"Stock Markets have completed their time cycle and also reached certain price cycles, which offer strong resistance. Therefore a reversal is imminent."

Market Reversal was Forecasted on 02/29 @ 8:35 am after the market had just opened higher, with lots of optimism

Market did exactly and as a matter of fact, as pointed out by one of the reader's comment, dropped on the same day and continued the drop for next 8 days. S&P fell 38 points, Dow Jones Industrial lost 320 points and NASDAQ gave up 100 points that is 3.3%, German DAX lost 280+ points, FTSE-100 continue its slide until it lost 180+ points. Similar kind of losses were mounting all around the world. That is the called the powerful forecasting with time cycle.

THANKS GOD ANOTHER FORECAST CAME TO FRUITION!
Market found its low on March 8th and since then had rebounded.

Now Markets are at very important juncture.

Bottom Line: Markets may find it very hard to recover the price levels of 02/29, until the 03/20. Therefore, market may retest the highs of 02/29 and then decline for one week and that would have satisfied the requirement of full correction as a pre-requisite for next BULL Run.

But, if markets recover the price levels lost at the previous time cycle of Febraury 29 and stay above that, then markets shall continue to rise until March 16th and possibly the middle of next week around March 20. Later case scenario is dangerous for the markets, as it shall create a stronger correction to be unfolding around the March 20-March 23, which may last for at least 3 weeks.