I commence with my gratitude to The Ultimate All-Knower
The most recently conducted analyses, forced me to change my stance from bearish to bullish. This conclusion was derived from looking at the past and ancient history and market cycles. What compelled me to look at the markets with blank slated mind, so that I could look at the markets, without any previously formed opinions, was the recent rally's strength. You see, what markets lost in 45 days, was recovered in less than 14 days. What was the underlying force behind it? It surprised many, including me, at first. But not after I reviewed the history cycles once again. Bigger the time cycle, stronger the effects. 10, (18) 20, 36, 60, 90 years time cycles are the strongest to look at when analyzing long term trends and underlying engine of the markets.
And remember according to the forecast analysis posted recently, 7/8/11, was an important dateline and there is an expectation of a small ;pullback/correction/consolidation, to create momentum to go higher after that.
Gold and Silver are going to go through a correction (distribution) phase, before precious metals shall rally again into new highs... Yes New highs. However, they ought to create the engine for such momentum for future strong bull-run. I see gold and Silver making an important swing (low?) on or about 07/20/11 (+/-1).
This one "baised reader" wants me acknowledge him/her. That person, wants me acknowledge (who keeps sending me the "hate" email, that I was wrong in last 4 trading days bearish forecast (thus stopped-out AAPL, NFLX and other trades). In all fairness, as I said, earlier.... rather said by a reader of mine, "Show me person, who claims to be correct 100% of time, then I will show you the liar". In the words of another great market forecaster Daniel Ferrera, "
You can be correct ten times in a row on your market calls, but as soon as you generate one loss, people will jump down your throat if you broadcast the trades. Others might not follow sound money management either, which when the inevitable loss eventually comes, they will have nothing good to say about you or your analysis approach. Keep your trading decisions to yourself."
I agree with Ferrera with everything, but the last sentence, where i believe in sharing. Sometimes, I shall be wrong, but decision rests with readers of conscious that how many times, they have benefited from my market forecasting. I just tabulated my forecasting record for some potential clients. My success record is 88%-91% on a random selection of forecasting period of any rolling 90 days (thanks to the Dear Almighty's Grace).
I promise that this is the last time, I air the negative energy from such negative person(s). I wanted to show to that person, that I am able to face the criticism, not necessarily broadcast it, as I only believe in focusing on the positive energy, to keep myself in harmony with The Universe, which is nothing but "Positive".
