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| GOOG forecast 6-11-12 |
I commence with my gratitude to The All-Knower
I have previously forewarned, you about the GOOG selling, when it broke below the $599 area. It, then, fell hard to $566 area. At said juncture, you had been warned also to lock in your short trade profit, as GOOG was primed to bounce, which it did, (From $566 to $587). Its failure to reach $595 zone, was an imminent sign of stronger technical failure, which manifested into a quick drop of $20 in 3 trading days.
Please watch the current price levels.. Once GOOG fails at the $566-$568 levels, then previously forecasted selling of $100 would be in the books (from $599 levels)
Please watch the price areas as noted on the chart, as potential support areas, resulting in swing lows.
http://trade-in-harmony.blogspot.com/
Syed,
Are you still expecting the rally to continue? if so, until when and what level on the S&P.
Many thanks, and keep up the good work
Thank you Mr.syed. I wish i have known your blog even before. if market stays above 130 spy, you are saying we may see May highs of 2012 means 1400s of spy right? Should we watch google if it breaks to upside over 566 and 568 support area and exit the shorting of google?
Thank you Mr.Syedi. God bless you and all. Peace to all.
with best wishes
shanti.
Blessings to all of you.
Yes, if rally continues, then GOOG levels of $566-568 must be watched.
reversal back up through these levels, indicates that selling has failed … and reverse (i.e., rally back higher) shall be true with the same strength….
Thank you dear Syedji for that quick and kind reply for my google question. I really appreciate the love and care you are showing and replying whenever we are all asking questions as fast and as best as you could in your busy schedule and responsibilities. I am amazed how you are able to manage your time and care for all.
Supreme consciousness or the creator of this universe and planet keep you protected by surrounding you with his divine blessing of armour and angels. I hope you dont mind me posting this link, i found in seeking alpha website today.
Please let us know if u can find time,if you agree with authors target of spy -1175 or 1085 by june 26th. Please forgive me for posting this link without your permission.
http://seekingalpha.com/instablog/1025910-rosecast/702591-complete-june-2012-stock-market-forecast
Thank you Mr.syedji for your service once again.
peace to all — shanti
I do come across his forecast every now or then. I have seen forecasts come true, sometime. But his techniques of forecasting on daily basis, makes his forecasts more wrong then right.
For example, I just copy and paste
June 5, 2012 up: mixed day – as Pound and Euro have been forecasted down
June 6, 2012 up: strong up-day – most bullish day of the week
June 7, 2012 down: might be strongly down……but a holiday in Europe could weaken the bearish factors
June 8, 2012 down: very strong down, most bearish day of week
_________________
June 11, 2012 up: first neutral, but later in day bulls should prevail.
June 12, 2012 up:
June 13, 2012 up: This day and the day before should see a slight- uptrend against the trend
What happened actually SPX & DJI
06/05 correct
06/06 correct.
06/07 wrong
06/08 wrong (forecasted the most bearish day of the week)
06/11 wrong, totally opposite. Day was first very bullish, and then turned down and closed red.
06/12 correct
06/13 wrong
He has got 4 correct and 4 wrong
You can be the judge.
He might be correct. based upon Greek election and other fundamentals. Let's see
oh, Wow, Syedji,
You are awesome and really caring. Thanks by the way. Something must have happened to you in life to be this spiritual,understanding,loving and caring. Allah bless you.
I checked just now the in the same blog, that guy changed the forecast for this week ON JUNE 11TH update and he is accurate for three days now. Its scary in a election year market plunging that fast and quick.
http://seekingalpha.com/instablog/1025910-rosecast/725351-june-2012-forecast-modifications
I dont mean to post the link in your blog, thought i should share with all,so all can be prepared in advance. Thank you for giving me this opportunity.
Thank you syedji. LOTS OF BLESSINGS AND BEST WISHES TO YOU FROM ALL OF US
Thank you all beautiful souls out there and god bless us all –shanti