End of Ramadan and Celebration of Eid

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower of the countless blessings

Happy Ramadan and Happy Eid to all

End of Ramadan and Celebration of Eid:
Ramadan is a period of fasting, reflection, devotion, generosity and sacrifice observed by over billion Muslims around the world. Ramadan retains its intense spiritual meaning. It begins with the sighting of new moon and ends with sighting of next month new moon.

The word "Ramadan" comes from the Arabic root word for "parched thirst" and "sun-baked ground." It is expressive of the hunger and thirst felt by those who spend the month in fasting. As opposed to other holidays, when people often indulge, Ramadan is by nature a time of sacrifice.

· Through fasting, a Muslim experiences hunger and thirst, and sympathizes with those in in the world who have little to eat every day.

· Through increased devotion, Muslims feel closer to their Creator, and recognize that everything we have in this life is a blessing from Him.
· Through increased charity, Muslims develop feelings of generosity and good-will toward others. The Prophet of Muslims (peace be upon him) once said, "Your wealth is never diminished by charity."
· Through self-control, a Muslim practices good manners, good speech, and good habits.
· Through changing routines, Muslims have a chance to establish healthier lifestyle habits -- particularly with regards to diet and smoking. Smoking is discouraged. (Thanks God I do not smoke or drink or eat any unclean products.) As it is said, we manifest outside, with whatever we intake.
· Through family and community gatherings, Muslims strengthen the bonds of brotherhood and sisterhood and friendship, in their own communities and throughout the world.

Ramadan is a very special time for Muslims, but the feelings and lessons we experience should stay with us throughout the year. In the Qur'an, Muslims are commanded to fast so that they may "learn self-restraint" (Qur'an 2:183). This restraint and devotion is especially felt during Ramadan, but we all must strive to make the feelings and attitudes stay with us during our "normal" lives. That is the true goal and test of Ramadan.

Pakistanis students at Cornell University celebration of Eid dinner (at top, center) and other pictures of celebration of the festival. Henna is one main excitement for girls (I know, being father of two). Shopping and wearing new dresses, bangles, cooking and eating special foods are some of the excitements of the celebration, which extends for 3 days.

Next Market Update shall be posted on Sunday night

(today's trade, I took as a day trade and was closed when it hit my day trade target, exact low of the day)

Market Outlook 09-09-10 UPDATE @ 10.10 AM PST - ALERT

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

I think the NHN energy has been triggered, powered by the lunar cycle. Therefore, I took some short positions earlier.

Market Outlook 09-09-10 UPDATE @ 9.33 AM PST

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

Financial Markets are doing, what they would like best, take out the stops and increase frustration, if traders are not careful.

However, Friday, September 10th, shall bring in the pullback, you have been waiting for. Why, there is another discovery of mine, is NHN, Natural Harmonic Number, gives me clue. When a market (or a stock or commodity) hits certain number, (just like music notes), it triggers NHN energy, which is similar to the Price Cycle, but NHN works in isolation, sometimes stronger than other cycles. Today earlier, SPX hit a NHN @ 1,110 and pulled back. Plus there is lunar time cycle ingress (one lunar cycle started today) just before the market open tomorrow. Furthermore, there is another time cycle (related with the NYSE inauguration chart) ingresses over after the market close tomorrow, which is very reliable in triggering reversal. I, therefore, shall go home over the weekend with no long positions opened, rather, I may risk some money with some shorts. (I shall be watching the charts today, as well, on hourly basis, what if the time cycle start showing effects today, especially after the NHN hit)

Market Outlook 09-09-10

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing

The successful trader enters and exits the trade with a plan and potential high reward/low risk. Armed with the knowledge of time and price cycles, a trader can multiply the probability of the success of a trade, as compared to just a usual price-responsive trader.

As previously stated in the August 31 and September 01 forecasts, that due to the clustering of the multiple intermediate and short term, time cycles, it ought to create a "Change in Trend" and thus Reversal in the Financial Markets' Trend preceding these time cycles. (Please see the previous forecasts' charts)

Although, one has to keep in the mind the larger time cycles. However, rule of squaring of time and price cycles requires that if the larger time cycles have to manifest their strength (of CIT), a balancing of time and price has to have occurred before such manifestation.

Though, the long term trend is bearish and down, Markets sometime tend to confuse the traders and shake out the last of the buyers, before they could decidedly trend lower and break the previous low.

What does that mean: If the markets violate the pattern as indicated in the chart, then the markets shall try to create a lower double top and still fulfill my "forecast of serious decline", as the said forecast was based upon the April 26th Time Cycle top of year 2010.

Pre-requisite for such advance: Market must violate and then test the pattern (and stay closed above the level of pink circle) just shown in the chart herein above. During such advance, there shall be other time cycles creating retracements on its way above,of which I shall do my best, to keep you abreast of.

Market Outlook 09-08-10

I commence with my humblest gratitude to The Most Magnificent, The Ultimate All-Knowing

Expect the Un-Expected and talk about confusion (especially under Mercury retrograde, magnifying the illusion effect)

Some Stocks to Look At - A Good Trade Set-Up

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AMZN is setting up a very good trade, for short (puts) position. Risk to Reward is very low. I would consider front month to next month, 2 months and one or two strike away from the price, put options. Stop is just above the Friday's stop.

Market Forecast 09-07-10 follow up

I begin with my humblest gratitude to The Most Gracious, The All-Knower

Markets gapped and continuing the decline. Time Cycle which started with Crude Oil on the 3rd, got reinforced by the median of the strength of the several time cycles, over the weekend.

Market Forecast 09-07-10

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing of all hidden and obvious known, past, present and future

Remember the following chart

We have reached that price level (so indicated on the chart) and even went passed it by a little "lost motion" amount, under the Mercury Retrograde influence  making people think that oh! oh!, forget about all the bad news, we are going higher and higher, all this doom talkers have no validity..............). (fast quick rally, (predicted on the chart and the August 31st and September 1st forecasts, as well, please see the chart below, previously shown on 08-31)

The Friday's price cycle came within the time band of 09-3rd time cycle and another time cycles coming after today close and tomorrow (September 08th). That means that we have a time cycle band average focusing on and during the long weekend time, when the US markets were closed. Thus we may have triggered the reversal CIT over the weekend. 

I, therefore, shall be watching and looking out for reversal starting from September 07 open, to go short.

Market Forecast - Time Cycles coming in on Sept 3rd - Change in Trend is Expected - UPDATE

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Time Cycles affects some financial markets more than others. Price cycles, sometime, offer resistance to the time cycle. However, eventually, the effects of time cycle will show up, even if delayed by price cycle.Click on the chart to enlarge

Market Forecast - Time Cycles coming in on Sept 3rd - Change in Trend is Expected

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the gifts of knowledge and ability to share.

Time Cycles Ingress on September 3rd - Shall Create a CIT:
There are 3 time cycles, coming in on September 3rd. I expect them to create a Change in Trend. Thus, I shall be watching 30min and 60min charts for the clues, from the midday of today.

Market Forecast - 08-31-10, After the Close of Markets - Follow Up

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the countless blessings including the gift of knowledge and ability to share

The Forecast of "Time Cycles Squaring and Clustering, A Strong Move is Expected" - UPDATE:
With The Grace of Almighty, Markets followed the forecast exactly on the date predicted. It is again only due to His Blessings.

Market Forecast - 08-31-10, After the Close of Markets

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the gift of knowledge and ability to share

Time Cycles Squaring and Clustering, A Strong Move is Expected:

Market has been stuck for last few days within very tight price range. IT is caused by the squaring and clustering of (several) intermediate and small time cycles, and thus failure of price to move in either direction for last Five (05) trading days, has accumulated the built-up momentum inside the price. Therefore, a strong price move is expected. I have posted a chart for prudent entries for long or short, both have not been triggered yet. I am expecting an entry to be triggered on September 1st, based upon the Completion of Time Cycles Squaring and Clustering. (Please click on the chart to enlarge)

Market Outlook - ALERT 08-31-10 Update @ 11.40 PST

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Markets are showing inherit weakness, pursuant to the long term forecast, as previously published. Bigger time cycles are ruling the markets.

Market Outlook - ALERT 08-31-10

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

Today is the last day of month, there has to be short covering, thus it may create a reversal pattern, whether a "fake" one or real one. Tomorrow price action shall tell. For now, it is prudent to watch these level to enter short or long

GOLD Market Forecast Follow Up

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing for the gift of knowledge and ability to share

I had posted gold commodity forecast, in which, one requirement to break through level was either gap up (for GLD) or strong up bullish bar (as gold is traded 24 hours). Of course, we got the later.

GOLD Market Forecast Follow Up

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing

In my previous analysis of the Gold Commodity Market, I have pointed out that $1,237 (+/-$8) was an important NHN (Natural Harmonic Number). A break with strength to break out and above this level, is required for Gold to continue its high fly-ride to new higher prices. Failure to do so, shall bring in very sizable decline of at least 10-20%.  I shall post the price target later.

Please see the Gold update. I have enclosed weekly chart, to reduce the noise of the market gyration and to give up better perspective.

Current Market Outlook - Get Ready for The Decline, I have been Warning about!! - Update 08-30-10

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

That was the headline of the forecast dated August 10th, 2010. Since then, we had declined over 700 points in the Dow and 90 points in the SPX, and 210 point in the NASDAQ. In the said forecast, I stated that we have a serious decline at our hand.

One of the favorite charts, W.D. Gann used, is the Weekly Chart. It clears the noise from the daily gyration and it is rather the 2nd most helpful chart in determination of the trend, if not the best one. Let's see the update of the markets with the help of the weekly charts.

Market Outlook 08-29-10

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

Markets did find some support last week at the forecasted levels of prices and within the time cycle as expected. However, if the market does break below the $58.50 level then we shall even more serious decline, coming.

Previous Forecasts Updates (08-28-10)

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I have published these forecasts follow up on August 10th on both the market and RIMM respectively, and results have been quite impressing, only due to The Blessings of The Creator

and Results thereafter, only due to the Blessings of The All-Knower;

Current Market Outlook 08-27-10 Update @ 12.31 PM PST

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

Market rose, then dropped and took out the low of within last 3 days, and rising higher, again at the EOD.
It is happening within one day of time cycle ingress!!, Could it be a reversal to the upside?? To be prudent, no positions are held over the weekend.!!