I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the gifts of Knowledge and then bestowing the ability to share it with others
AAPL has completed price cycle squaring and it is happening within the time band of AAPL’s dominant time cycle. I, therefore, expect AAPL to start reasonable correction and or price decline of at least 10% or minimum of $13-$15 and $20-$22. It has already started. Best (least riskier) entry is now with the stop being placed just above the today’s high.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
but is better to wait till monday to know if markets are going to continue rally or its "safe" to enter puts right now ?
AAPL Aggressive entry is today, and conservative is on Monday
Remember to know the stop-the-trade level
Remain Blessed.
Mr. Syed,
I'd love to take your AAPL trade, but alas, I cannot. I have the PCLN trade and did not expect the strong gap today.
Would an update on PCLN be likely?
Thank you,
Mike
thanks for reply. Mr Syed do you have outlook on US DOLLAR ?
im very interested in your opinion because i keep most of funds in USD so its very important for me.
i read a lot of opinion and basic is that us dollar is trash and will go down because of bad economy.
almost everyone thinks that (public) so thats why i dont believe, i rather believe that EURO will go down because condition of most of EU countries is bad. in this case USD and CHF will be king and safe haven.
im counting on this and i hope im not wrong.. i bought USD before end of 2009 at nice price and it was correct, because soon currency in my country went down. i expected correction but dollar is falling like a rock and dont want to stop and im starting to be concerned..
thanks for any thoughts
Hello Mr.Syed,
sentiment is that markets will continue to rise till the end of the month to make balance sheets look good for this quarter which is in sync with your CIT date of Sept 29th (+/- 1 day). Therefore the markets are rising on low volume, the push up is orchestrated and not real. Your thoughts?
Patrick.
Mr.Syed,
I read that mutual fund cash balances are at their lowest level EVER. Hence, when there is a plunge, the bounce back up may be not be too strong. Simultaneously, the move down will be disastrous.
Karim
how far the stop should be for the entry? Mr Syed
Thanks
People use different rules for placing stops.
I use certain percentage of the day's average range of stock.
To be more precise, According to my stop-the-trade for AAPL avg. range, it has not hit the stop.