Below charts sums up where we are at this point in August. Projection still tracking very well...havent made any modifications to the parameters this weekend, think I will stick with what I have for now and see how it handles the projected surge next week. Having said that, watch us go in the hopper for the week...lol.
Tickets have been gotten for the 2011 frozen four in Minneapolis next April...also for our annual trip to the Carribean early next year. Its all pay now, enjoy later. Go ahead and sit on my money for 6 months! Have a wonderful weekend, and hopefully I'll see you next time 150 points higher, though that does seem a bit of a stretch.
10 comments:
of course if it goes down next week you can make an adjustment to the chart or call it an inverse tidal wave or something like that ..this is very dangerous stuff you post here ..you are altering charts you have put up in the past ...hope nobody is being fooled by you
Wrong. If you trade off this experimental model as stated and lose your ass, then you are a dope. If it rockets up as projected, then I am a genius. Either way, I win.
Thanks much for being so generous in sharing your work Moorso. Your blog has become part of my weekend market review ritual. I hate it when "anonymous" posters hiding behind the curtain of anonymity surface out of the blue and attack well intentioned people. It may well be a sign the bears have become supremely confident in their bearish convictions.
i don't trade off anyones predictions as there will never be anybody or anything that can predict the market by its very nature it is not predictable..but what i don't like is the fact that your are altering the shape of the chart behind the action which has happened ...fair enough if you alter your future prediction but by by altering your blue line behind you are lying ...anon poster hiding behind the curtain
Just relax and take a deep breath big fella.
First of all, I dont see anywhere that I am touting this as the next answer to the stock market nor am I touting myself as a market guru. This is all free stuff and most importantly EXPERIMENTAL. That means you try something and if that doesnt prove out, you try something else, in this case change the variables, right before your eyes even! I really dont give a rats arse if it proves out or not. I have no skin in this game.
Secondly, I put up the first chart with absolutley zero idea how it would track, because I never backtested it....it is simply a trial by error procedure, and I'll continue "tweaking" the parameters if it improves the forecasting. If it proves to fall flat on its face, then so be it, I'll pack it in and forget about it. If it proves moderately useful I'll likely continue with it trying to improve it as time goes by. Believe it or not, its basis is two techniques that are oftentimes more right than wrong in predicting market direction.
And btw, the projection chart simply begins when I started this experiment and the entire graph changes as I change parameters. If the past projections changing really bunches up your bear shorts, go back to the beginning of this adventure and compare point for point to your hearts content.
Now, please go to the bottom of this page and make a donation to this cause....lol
moorso, i this week is moment of truth for your spx projection chart. either markets will crash later this week or mother of all short squeeze will take this into the 1180+, courtesy of every mom and pop call of Hindenburg Omen signal.
i think currently your spx projection is tracking the market pretty good, maybe off by 10-20spx points. you had 8/6 as 1140 and market was at 1120. you had 8/13 as 1090 and market was at 1080 (with globex low of 1070ES). so...if markets follow your spx projection then maybe we'll top out 1230 - (10-20spx pts) = 1220-1210 on 8/23. or if it inverts then market crashes big time.
moment of truth coming up this week. should be a good one. good luck.
aymon
Dear Moorso,
Please keep posting your charts, it has benefited me greatly since you first launched it.
Kind regards,
Linton
Thanks guys. Well its good to know someone is getting something worthwhile from this little project. Lets see where we go from here...August looking to be a critical month.
Gentlemen, let's be all very kind to our host here. No one is obliged to follow his experimental system. If one feels offended or afraid, then he should act as a grown up man-he should not visit this page.
Having said that, I am obliged to mOOrSo for posting his finding here. In my judgement he is very open minded and braveheart to present his case openly and stand the criticism for it.
The results, I think, are very encouraging and I believe we should congratulate the man for his bright ideas and encourage him to go on.
Alexis
i've always read this blog every week since it came to my attention and seen plenty of successes, thanks for sharing!! wow there's another success on the SPX projection for 8/17!!!
stuph like here: was a nice turn off the new moon/bradley date of 8/10 and if you can check out a dollar index (DX) chart against this sunspot chart they have tracked extremely well:
http://solarscience.msfc.nasa.gov/images/ssn_predict_l.gif
cheers!!
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