Thank you Peter! very insightful update. Btw, do you have any videos on how to best use the software intraday? Thanks!

Seems hard to use the program unless you wait for all upside or downside projection to be met. I watched previous videos from early summer where you talk about tsla dropping to that very deep low and now it's invalidated. Waste of money if you buy puts but nothing stops the stock from going back down now and invalidating the upside to eat your calls. Seems like a time component to know best entry and exits is needed to complete the cycles software.

evan.canter8781417 said:

Seems hard to use the program unless you wait for all upside or downside projection to be met. I watched previous videos from early summer where you talk about tsla dropping to that very deep low and now it's invalidated. Waste of money if you buy puts but nothing stops the stock from going back down now and invalidating the upside to eat your calls. Seems like a time component to know best entry and exits is needed to complete the cycles software.

Software is not meant to give you entry and exits. Peter does talk about how to best use it. For example in your TSLA example you could buy puts right below the offset lines, because you know if the signal line crosses the offsets you treat that as your stop loss. Same thing but inverted for call buying. Like you said Time plays a big part, it's been frustrating for me too but I've learned to deal with it by using aforementioned strategy.

Hi Peter, what happened to that long term projection of the SP500 at 4350, and the notion about seasonality that a high should fall in the latter part of July? We are almost 100 points higher than 4350, and beyond month of July now. So we just move on? We have been projecting a potential and THE high since April/May I believe, and it’s been more than one quarter already... and yet markets still going higher with indices eg Nasdaq or SP500 reaching ATHs. In my honest opinion, we have heard reasons about loop projection, higher projection with this/that offsets by varying different offset periods, looking at intrastate cvs closing levels, inconsistency b/w different indices etc. Bottom line is... whats going on? For those investors being long the index, obviously the opportunity cost to stay on the side line and waiting for a decline to reenter the market has been growing continuously. Could you pls comment if our bigger picture of the HIGH/TOP finally arriving is still intact? 2Q earnings has been by far exceeding any EPS forecast and index levels may go higher even from here? Of course we aren’t doing fundamental analysis here, but unfortunately we must conclude the projected tops have been breached to the upside in many instances!

Amazing call on gold Peter. You also called the big move after the Pandemic that was also amazing. The top is forming slowly if it is a top but if the projections get that right too I may be a forever member LOL.

michael221 said:

evan.canter8781417 said:

Seems hard to use the program unless you wait for all upside or downside projection to be met. I watched previous videos from early summer where you talk about tsla dropping to that very deep low and now it's invalidated. Waste of money if you buy puts but nothing stops the stock from going back down now and invalidating the upside to eat your calls. Seems like a time component to know best entry and exits is needed to complete the cycles software.

Software is not meant to give you entry and exits. Peter does talk about how to best use it. For example in your TSLA example you could buy puts right below the offset lines, because you know if the signal line crosses the offsets you treat that as your stop loss. Same thing but inverted for call buying. Like you said Time plays a big part, it's been frustrating for me too but I've learned to deal with it by using aforementioned strategy.

Even this strategy is very risky. You would have had to sit on the side for 2 months, buy puts, lose some with stop loss as it crosses to the upside, buy calls and now risk a fake break out to the top and losing on calls. Which brings no real benefit. Watching older videos, just seems like peter is calling a top every day. Eventually he'll be right, but we'll either have no money due to the constant upside upsets or we'd have wasted time on the side just to miss the opportunity to actually buy puts

Hsiang76 said:

Hi Peter, what happened to that long term projection of the SP500 at 4350, and the notion about seasonality that a high should fall in the latter part of July? We are almost 100 points higher than 4350, and beyond month of July now. So we just move on? We have been projecting a potential and THE high since April/May I believe, and it’s been more than one quarter already... and yet markets still going higher with indices eg Nasdaq or SP500 reaching ATHs. In my honest opinion, we have heard reasons about loop projection, higher projection with this/that offsets by varying different offset periods, looking at intrastate cvs closing levels, inconsistency b/w different indices etc. Bottom line is... whats going on? For those investors being long the index, obviously the opportunity cost to stay on the side line and waiting for a decline to reenter the market has been growing continuously. Could you pls comment if our bigger picture of the HIGH/TOP finally arriving is still intact? 2Q earnings has been by far exceeding any EPS forecast and index levels may go higher even from here? Of course we aren’t doing fundamental analysis here, but unfortunately we must conclude the projected tops have been breached to the upside in many instances!

So you know this fortune teller endlessly picks tops and makes excuses for being wrong for months on end. He then attacks the messenger for having the temerity of pointing out his flaws when it is you losing money each and every day - not him. Beware he will attack you next. Best of luck if you point out that day after day it is excuse after excuse to evade the fact that the fortune teller was simply wrong and caused you great infliction of monetary harm. At bottom his system is far from as amazing as he wishes that everyone believe !!!