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!!!
http://trade-in-harmony.blogspot.com/
ABSOLUTELY MASTERY INDEED!!
MILLION TIMES BETTER THAN THE GIGOs OF THE CNBC
I have been trading for last 11 years and been reading your blog for last 6 months, just started reading the archives after this post. You are truly a gifted man. May God Keep you Blessed and keep helping others.
You shall create jealous, may be enemies down this path. As I am reading your blog, I pick that up from some of the comments. But Why do you even care, DOGS shall BARK. But the Guide shall always lead on, on the Path…..
Hooray! Love your work.
GIGO = garbage in …… 🙂
I am really in awe with your blog.
A friend in our trading club recommended your blog. Thanks Shaun for sharing this with me.. 🙂
Astounding
Humility
Accuracy
splendid
Words can't speak enough.
Thanks Mr Syed for sharing.
I chime with Carissa, Dean and others, completely.
While there is no doubt that you are one of the best, if not the best.
But am I sensing that Mr Syed has gotten tired of these criticism.
Just remember, what a wise person said, "Jealousy is love bed of burning snarl." .
Reason being that, "A competent and self-confident person is incapable of jealousy in anything. Jealousy is invariably a symptom of neurotic insecurity."
You sir, make people insecure.
No wonder you attract these hoodlums every now or then, to bother you and thus try to upset you. But I am sure, you keep on failing them, as you have been in the past.
I would just keep up my good work for my own sake and beliefs, if I were you. and I am sure you would do the SAME
Thanks for the support and patronage
Thanks for the support and patronage
Excellent forecasts as always Mr. Syed.
I read over your previous GS forecasts and as always… exceptional. After today's news on GS..do you feel it's the beginning of the end for them?
Would love your thoughts on GS and/or forecast.
Karim