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)
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| 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...
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| 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!!!