When The CRASH of the Markets to Begin?
the stock market due to momentum, which drives a stock slightly above or below
a resistance level. The average lost motion is 1 7/8 points.
When a stock is very active and advances or declines fast on heavy volume, it
will often go from 1 to 1 7/8 points above a halfway point or other strong
resistance level and not go 3 points. The same rule applies on a decline. It will
often pass an important resistance point by 1 7/8 points but not go 3 full
points beyond it. ” (W. D. Gann Stock Market Course, chapter 10).
Now let me give away one of my secrets, on how to calculate the lost motion on any price. Since the markets have evolved greatly over the period of 80 years, since the active days of trading of W. D. Gann, so have the rules of price cycle and time cycles. At that time Dow Jones Industrial Index was trading at 100-200 price range. I, therefore, multiply the price attained by the technical or geometrical/mathematical patterns and then multiply it with 1.875% and up-to 2.236%. For example, the price target of 1,668 multiplied by 1.875% gives you 31.27 points. I, therefore, shall add 31.27 to 1,668, which gives me a price lost motion target of 1,699 to allow “the price move” beyond my price target.
Therefore, I ought to be patient to see, if price moves any price up to 1,697-1,699 and reverses, then the price target generated by mathematical pattern is correct. So next couple of days, are very important, giving 3 days lost motion margin for the time cycle, with the price lost motion allowed a price below 1,699 area.
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Thank you for the update Sir.
You re amazing and have unmatched ability of forecasting.
My vote is 100% for you.
Please continue to enlighten us .
Thank you sire
Your fan from South America
All seems ok so far with the circa 1666-1668 forecast we over shot today by 15 points but to be honest this is what is expected.
Anyone who just thinks you will get the exact price is either crazy or simply stupid. As you said even gann allowed some tolerances let us now see a few weeks of downside.
That will make any naysayers shut their mouths.
Well done on sticking to your word and not doing what all other forecasters do i.e. move the goal posts
Either I'm going to retire early or work until my Cancer heart stops beating. No pressure!
You are the best, and ignore the ignorance sometimes seen here.
Market has reversed today,
It is technical reversal day today.
Mr. Syed, we have 33 points reversal from the high of today to close of the day.
Hooooray for MR Syed
Mr Syed I have watching your blog for almost two years now.
You are right on all the time (99%) and other percent when you are not right, you had stated the reason.
Today your time cycle of May 21st, (you had highlighted it with making it bold) kicked in the reversal.
Great job.
Your follower from Switzerland
Herr Syed
Trotzen
Je bent de beste. Niemand kan tippen uw vermogen van de voorspelling van de beurs.
Ik hou van je werk.
Altijd leren van je uit Duitsland
Mr Syed you have hit on the nail, I think.
Markets have reversed exactly on your forecasted time cycle date. The highest close was on 05-21-13. on 22nd all markets reversed to the downside. Nasdaq dropped almost 2% from the high of the day. All indices did the same.
Thanks for sharing your wisdom.
You sure are a gift of god.
I am from Macau and I and many of my friends from China and Hong Kong visit your blog and great fan of yours.
unbearable forecasts.. AAA calls Mr Syed !!!!