They Laughed At My Prediction For a Major Bottom in the SP500. But When It Actually Happened...
Market Forecasting is a tricky business. Because there are so many talking heads on TV making market predications that are often wrong, it is difficult to find those who actually get it right.
So when I made a bold market prediction that a major bottom was likely to unfold in the SP500 for March 11, 2003, it became fodder for jokes on a popular commodity trading forum at that time.
The Stock Market had been in a major bear market since topping on March 2000, when the tech bubble had burst. So posting on a commodity forum that "a MAJOR weekly bottom" was due on March 11, you can understand how ridiculous that may have sounded.
You can see a part of the discussion about this market prediction as discussed between two traders by visiting the Forecasting Examples page on this site.
Perhaps you are thinking that this is a "one-off", as they say. "Even a broken clock is right twice a day."
What you want to know is if these kinds of market forecasts are a regular feature from the source you are considering using for your own trading decisions.
Below is a link to our YouTube channel (while you are there, why not subscribe?).
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(Important Note: The YouTube channel is not our membership. It is a public channel where periodically a free market forecast is made available to the public. Members of our membership receive regular forecasts on all the markets we cover, and much more!)
Welcome to the FDates Market Timing Membership!
FDate trading is all about market timing. It is about knowing when a bottom or top is likely to occur and when to jump on board. It is about knowing where to place the initial stop-loss. This Membership is about keeping members informed as to when Buy and Sell Setups are formed and when a setup is worth taking or leaving alone.
Back in the mid-1990's, after years of extensive research and testing, a mathematical algorithm was developed that provided a powerful and highly accurate approach to exposing future turning dates. This proprietary approach has proven itself week after week since its debut in 1996 to be extremely powerful for the purpose of timing future market tops and bottoms.FDates are the result of specialized applications that approach the task of forecasting utilizing individually unique methodologies. Methods include Geometric Mathematics, Dynamic Cycle Extraction, Time/Price Squaring and Seasonal Tendencies, as well as other proprietary approaches.
WHY USE FDATES?
Precision Timing! Greater Profit Potential! Clearly Defined Lower Risk Exposure!
FDates draw our attention to the day and week that we should be focusing on, the time periods where a change in market direction is the highest. From there, we look for a specific but simple chart pattern in order to determine Buy and Sell setups.
Once a setup has been determined, we can also examine the current cycle for that market to make sure that we will be looking to enter the trade in the correct direction.
What this means for FDate traders is that we only enter the market when a bottom or top is expected to form, and that it is in the direction supported by cycle analysis. The result is that we not only enter high probability trades with very good profit potential, but we are exposed to as little risk as possible.
One of the big reasons many traders fail is that they enter trades either too early or too late. They do not know where to place their initial stop-loss order, and often place it too far (way too much risk) or too close (early stop-out, often for a loss or very little profit).
Another reason many traders fail is that they are constantly second-guessing their decisions. The trade may have looked good before they entered, but once the trade has been initiated, any move against that position causes many to become concerned that perhaps they were wrong.
With FDates, you know when to enter, what price to enter, and where your initial stop-loss should be placed.
With FDates, second-guessing your trades can be a thing of the past once you see, week after week, the large percentage of profitable trade setups in relation to the occasional small losing trade.
HOW CAN I TRUST THAT FDATES ARE REALLY THAT GOOD?
The FDates Market Timing Membership was formed back in 1996 as a result of many traders having witnessed time and time again the successful outcome of FDate forecasts that were being posted on public trading forums.
Perhaps you found this website by way of one of my public forecasts, or from a YouTube video forecast. If so, you already have seen for yourself how often FDate forecasts are accurate.
On the other hand, perhaps you have arrived here as a result of searching the web and are not familiar with my work. Not a problem! In order to help you come to trust the power and accuracy of FDate Market Timing, I have put together two INTRODUCTORY Membership plans that are extremely low cost and 100% risk free.††
COMMENTS FROM PREVIOUS SKEPTICS
"Rick, I have been following your [daily] forecasts for over a year now mostly in the SP500. I have not been following the [weekly turn date] forecasts as close, because I was getting advice from another source. I now realize that I should have been paying more attention, because the [weekly turn dates] are great too! Thanks for all that you do." - James L., Florida"You are a true professional. I want to say "thanks" for all the time you put into the membership. You have always answered every question Ive had in a very timely manner and I know answering questions takes time. I could not be more pleased with my membership and your commitment to make it a positive experience." – Tony M., California"Wow. Cotton has really followed the dates...Unbelievable. Your projections are sweet! With your service, I may not have to be in the IS industry another 35 years :)" – Aaron W., Missouri"Rick, Following your discussion of the Australian Dollar has been vastly more enlightening than the hit & miss results of using the regular technical indicators alone. What you offer is an empowering skill in following the markets and it is invaluable. Thanks. And thank you for your patience." - Vida B., California"Hi Rick, Just wanted to say great job in forecasting this drop...although yesterday I was skeptical until I think it was the last half hour or so of the market open when I saw things starting to go south. Anyway, I forgot to mention in my last e-mail to you that you are definitely one of the best market analysts online---and I've seen alot of them... Thanks again and keep the videos coming!!" - Rosemary D., Ohio
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"Thank you Rick for the best technical analysis I have ever known." – Michael C.
Our success is dependent on your success. We have been successful for so many years because our members are happy. So it is pretty simple. If you are not 100% happy with your membership, simply cancel within 14 days of receiving your access ID and password and we will refund 100% of your membership fee (Introductory Plans Only). There is absolutely no risk to you!
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We also offer a FREE newsletter called the FDates Market Timing Newsletter. When you subscribe, you will also be provided a link to download a FREE copy of our TRADING CALCULATORS program.
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NOTE: The free newsletter is not the same as joining the FDates Market Timing Membership. You will receive occasional market forecasts and other valuable information on a market of our choice and at unspecified times. This differs from the Membership in that members receive a weekly FDate Report each week containing daily and weekly FDates for 18 main markets, weekly analysis on those markets, and ongoing mentoring and training.
Site Footnotes:
*You can also use my currency future turn dates to time Forex market tops and bottoms for those paired with the USD.
†The accuracy sampling periods are for at least one year of price data for each market listed on the report. These samples provide the figure of 81% or better on average. The results are averages. Some markets will experience a slightly greater or less accuracy rate at various times because of extraordinary events such as natural disasters, wars and government intervention, etc. These can disrupt the normal flow temporarily. I consider a turn date accurate if a swing top or bottom occurs within a single price bar for the time frame forecasted (i.e. daily, weekly, etc.).
††The 100% Money Back Guarantee only applies to the Introductory Membership plans. If you are not 100% satisfied with your membership within 14-days of joining, simply email us and ask that your membership be cancelled and that you would like a refund.
Please note that I offer an information service and not a trade advisory. I do not give any buy, sell or hold recommendations
