I commence with my gratitude to The Creator.
When Will The Dramatic Drop in The Stock Market Begin?
Since the posting of this forecast, I have received hundred+ emails, of all kinds, good or bad ones.
Most of them asking for more clarification, as my previous post was ambiguous to some. It was correctly pointed out to me that I need to elaborate on the previous post.
I am asked, ” Do I see an immediate drop in the stock market.?” Then how long the drop shall last, as I was not very clear?
Let me say something, before I answer the questions. Whenever, I write my posts or alert, I am always in the “state”, where I visually see markets reacting in certain fashion, then within the same state, I try to write, what I am looking at. I am trying to look at some event into the future and I am trying to make a note of it. That is the reason, one may find that, some of my posts are not best examples of English writings . Nevertheless, ,my goal, at said juncture, is to caption as soon as I possible, while I am still in y vision.
Of course, I am using my forecasting tools at the same time, while dropping into the said state.
Now coming back to the questions. I was looking at the weekly chart, when I saw and wrote about the drop of the stock markets. Therefore number 34 (or 36) and 45 meant weekly bars, i.e., the drop shall, at least, last for that many weeks. I see another number of 56.60 weeks. Thus, whenever the stock market starts to decline, I shall start counting the weeks and look for the price target of $580.
When to expect the end of the stock market current rally?. As I said in my previous post, certain price cycle targets have not been met, although, time cycles are over-due for the decline. Mathematical and geometrical patterns called for the price targets of 1,662-1,668, which has not achieved. therefore markets may continue to edge higher, though on the borrowed time.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
Thank you Mr. Syed
That is astounding! Thank you for the clarification and analysis Mr. Syed. I was thinking about the markets all weekend. I had the feeling that shorting is the right decision, despite the small amount of gains to go. People who buy into this market are going to be very disappointed, I think. History repeats itself!
Thank you. As for the bad comments, they only muddle things for everyone.
Very generous of you to share your thoughts Sir. I posted some months ago that the gold market amd particularly GDX was going to collapse and collapse it has.
We on the verge of a final collapse to GDX sub $15 which I believe will come with an initial collapse of the stock market. Gold and as such gold stocks shall bottom way ahead of the stock market.
Thankyou once again for sharing your kowledge. I pray the tragedy you recently suffered and the family that suffered such a great loss have started to face a much brighter future
another failure of Mr Syed, but what to expect from muslim
Whoever this dumb-ass person, spilling out his hate, is totally wrong.
Mr Syed has the highest % of accuracy in his forecast.
Even this forecast, you shall be slapped soon, once you see it fulfilled
Anonymous or Andrey, (you claim to be Mr. Anonymous), This is totally inhuman to disparage someone religious belief. and Why in the hell, would you bring it up, as Mr Syed never preaches his religious beliefs.
You are just coward and darn stupid.
I have guts to put my name on what I say.
I am so mad at this coward person comment, about MR Syed religion.
He/She is from a gutter and only dirt and garbage comes out from such mind.
MR Syed you are our hero and a number ONE guru and I applaud your efforts, what you have been doing to help others.
I do not se price getting by 1634 to 1640…………….
I think the word "CRASH" is somewhat misleading because it has connotations associated with a significant price/% drop in an extremely short time frame typically measured in day(s) or even hours.
Possibly a more accurate phrase would be "new BEAR market" or "1929 like stock market DEPRESSION" that describes a correction exceeding 60% from its top. Even the 1929 to early 30's period where stocks lost up to 90% of its value was not really described as a crash due to the lengthy time period involved.
Good Grief! People, we are all professionals and grownups here. Let us remind ourselves of correct social conduct and be respectful of one another. Mr.Syed has done an outstanding job and we are all EXTREMELY fortunate to have his generosity. Remember, he does this for free and asks nothing in return, and we come to this site of our own accord. Let's not stoop to such a level that Mr. Syed is forced to reconsider this blog. If you have some critique, word it respectfully and present it. He will most certainly give it due consideration as he has done with this update. Please don't ruin it for the rest of us by spewing nonsensical garbage. Be grateful or move on. On a Separate note, Mr. Syed, please disregard the idiots and continue with your guidance. Your fan club spans the globe.
Hi Syed, so are you saying that once we see S&P reach 1,662-1,668 (in the year 2013),we should see the beginning of the waterfall collapse that will target 580 into october 2014? To ask another way, S&P tops between 1,662-1,668 (max) and we will not see S&P go above that level for several years?
I ask because others are calling for 1750+ this year.
Many thanks for all your excellent work and guidance 🙂
LOOK outside there are these types of ppl everywhere………..they are bottom feeders and do it by attacking others!
Anon, what a disgusting comment. When will we finally begin to evolve as a whole.
"You reap what you sow"
To anonymous.
Mr Syed is a very respected and wise man. When it gets to his knowledge of forecasting he is unparalleled, but you fool keep on forgetting that he is not a God to be right 100% every time.
My advise to you (only if you can comprehend it with your brain that is the size of an ant). If you don't like Mr Syed's forecasting take your money back…
Also don't you dare to disrespect Islam and judge it based on the act of the few who insulted God with their action which was driven by hate, arrogance, and hypocrisy. ( on the other words, people who were like you).
Oops that Anonymous guy forgot that he did not pay any money to Mr. Syed to get the advantage of this blog's forecasting.
Reading Mr. Syed's forecasts is FREE to all, even to those who have everything of the size of an ant, including but not limited to their brains. hohohoo hehehe
One thing more that shit-head anonymous hate monger you fail and Mr. Syed and his follower around the globe simply rock. just look at the red dots of the map of Mr. Syed's blog.
You cannot find that map. Oh I forgot you have brain of ant-feces, it is right hand side on the blog, approximately 4 posts down.
You Go Mr Syed, You Rock! and I am with you, whether you are right or wrong, because if you are wrong, you correctly point that out.
Mr Syed is wright about the gold, it is going to go down until 2020 – 2021, u just need to see the hystory yearly prices to see the obvios, u better do it and u will be ashured
EMINI flirting with the posted 1634 area……….watch for correction!!!
AHAHAHA, i havent writed that: "another failure of Mr Syed, but what to expect from muslim", but it is funny, i am not anonymous any more
Andrey
How do find it funny? Where do find fun in it or humor in it?
It is rather sad that someone could be that stupid or cold to disparage someone's religious following.
It is anything but funny or amusing.
You are a master of forecasting and none can come to Mr Syed
Andrey Manchev… you think you are a funny guy. Your written english is similar to the anonymous that insulted Master Syed with the religion comment.
Master Syeds generosity, respect, and kindness to share and help people shown in this blog is unparalleled. This shows the characteristics of a true muslim. Take your ignorance elsewhere.
Rabbi
Anonymous and Andrey – why dont both you disrespectful cowards go make your own blog where you can both battle out who is more of a horse fecies… get off this blog. Haters are always going to hate.
You really dont deserve any of the information that Master Syed is providing.
Katherine it is funny because it is stupid, if u dont understand, i cant explane it to u
It's not hard to understand why Andrey's racist Russian ass is laughing. He got a lot in common with that prick, the anonymous person, including his irrationality. (by the way good call on AAPL! Why don't you tech yourself something???).
Again, you don't like it? Stay away from this blog.
Tut ne mesto dlya tupix luday!
why dont both you disrespectful cowards go make your own blog where you can both battle out who is more of a horse fecies… get off this blog. Haters are always going to hate.
You really dont deserve any of the information that Master Syed is providing…how to invest in stocks