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benjamintang713642
Individuals who see the future (while the herding masses are moving into the opposite direction) are often criticised by the majority. Until history proves these individuals correct, the business of forecasting can be a very lonely experience. I was in the forecasting business from another field (global pandemics); my professional experience was very similar - I was always alone while the majority believed the pandemics would never come. History is the only adjudicator; it often provides the only validation for our persistence in the forecast.
volfgang
Appreciate your long updates Peter along with your ability to remain clear minded and level headed while the masses are swept up in hysteria.
dcarter8883312
Peter,
Excellent update. A profile I have suggests what you said a drop & another rally attempt that fails! It shows a drop into Feb 1 a lower high Feb 3 sharp drop into Feb 6 one day rally Feb 7th then bigger drop into Feb 9-14. Anyone who has software please post what price cancels GLD big downside which I expect it will be Cxld.
Thanks ~Dorothy
daniel039209
1)great call on US $ topping 2) I’m still unclear )and having traded through the 2000 TMT bubble ) why you compare the 2. Never has the market had higher valuations that in 2000. Yes there was a number of companies, extraordinary price/sales ratios in 2021 push- but no where near the total market overvaluation ramp from 1999-2000. That ties into VIX still being not significant. 3) how can you be sure you’re not making similar calls like from Mar 15th,2021 for make down moves for most of year( until it turned to loop projections from Oct/Nov to top( late NOv to Jan 3, 2022) we have rallied from 3500 in SPX but you have stuck to guns all way up. - how do you know you’re not falling into a counter rally that will track much higher and you will have to defend bearishness most of way , seems like.
JCtrader
I’ve had the software for over 2 years and have had similar situations where I’ve emailed and requested assistance with no response back. For example, on 1/17 video Peters 65 min spx was completely different from mine. I’m showing 4010 to the upper box of 4122. Peter was showing 3896 - 4019 and satisfied. I’m still unsure if mine is correct but it is starting to look like 4122 will be hit!!! My name on discord is JCtrader33 if you or anyone want to collaborate.
golf96643727 said:
Wondering whether the projections on the web app different than the ones that Peter uses in the videos. For example at 23:05 in video shows TLT as having met 12.1 projection, but the web app still shows an outstanding confirmed projection for TLT at 12.1.
Similarly at 23:44 in the video shows 48.4 projection at 118.14 123.66 but the web app shows as 118.70 122.78, I know that is a little difference but if it is same software, it would show same values, am I misunderstanding something please.
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Individuals who see the future (while the herding masses are moving into the opposite direction) are often criticised by the majority. Until history proves these individuals correct, the business of forecasting can be a very lonely experience. I was in the forecasting business from another field (global pandemics); my professional experience was very similar - I was always alone while the majority believed the pandemics would never come. History is the only adjudicator; it often provides the only validation for our persistence in the forecast.
Appreciate your long updates Peter along with your ability to remain clear minded and level headed while the masses are swept up in hysteria.
Peter, Excellent update. A profile I have suggests what you said a drop & another rally attempt that fails! It shows a drop into Feb 1 a lower high Feb 3 sharp drop into Feb 6 one day rally Feb 7th then bigger drop into Feb 9-14. Anyone who has software please post what price cancels GLD big downside which I expect it will be Cxld. Thanks ~Dorothy
1)great call on US $ topping 2) I’m still unclear )and having traded through the 2000 TMT bubble ) why you compare the 2. Never has the market had higher valuations that in 2000. Yes there was a number of companies, extraordinary price/sales ratios in 2021 push- but no where near the total market overvaluation ramp from 1999-2000. That ties into VIX still being not significant. 3) how can you be sure you’re not making similar calls like from Mar 15th,2021 for make down moves for most of year( until it turned to loop projections from Oct/Nov to top( late NOv to Jan 3, 2022) we have rallied from 3500 in SPX but you have stuck to guns all way up. - how do you know you’re not falling into a counter rally that will track much higher and you will have to defend bearishness most of way , seems like.
I’ve had the software for over 2 years and have had similar situations where I’ve emailed and requested assistance with no response back. For example, on 1/17 video Peters 65 min spx was completely different from mine. I’m showing 4010 to the upper box of 4122. Peter was showing 3896 - 4019 and satisfied. I’m still unsure if mine is correct but it is starting to look like 4122 will be hit!!! My name on discord is JCtrader33 if you or anyone want to collaborate.
Last updated
Thanks Peter, great update. Regarding breakouts above downward sloping trend lines, here's 9 examples from the past. Six of the breakouts led to new highs, three did not: https://yuriymatso.com/2023/01/27/downward-sloping-trendline-break-outs/
Great update . Thank you Peter 🙏🏻
This is very helpful information. Thank you for sharing it!!!
Bitcoin Is Suggesting Risk Off
VIX Gapped Up on Open ~ Dorothy
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