OMG!! Why does the S&P500 look so much like...

[questrader]

OMG!! Why does the S&P500 look so much like what I predicted back in February?

Source: http://stockmagic.wordpress.com/2009/03/23/prediction-vs-reality/

Hey folks,

It’s me uncanny wizard. Here’s the prediction I made for the S&P500 on February 17, 2009:

http://stockmagic.files.wordpress.com/2009/03/090217-sp500-projection.gif?w=450&h=287
S&P500 prediction on Feb. 17, 2009 (Daily chart)

Here’s how the S&P500 played out so far:

http://stockmagic.files.wordpress.com/2009/03/090323-sp500-6months.gif?w=450&h=273
S&P500 on March 23, 2009 (daily chart)

As you can see, I made an error calling the bounce too soon. But, nonetheless, the general “stock pattern” has played out decently, so far…

… and remember, it’s magic!

[questrader]

Note: If you like what I post on my blog site, support it with lots of public comments. Otherwise, I have no incentive to refine old and publish new projections as more data points arrive from the stock market.

[CSR]

Note: If you like what I post on my blog site, support it with lots of public comments. Otherwise, I have no incentive to refine old and publish new projections as more data points arrive from the stock market.

You make it sound like people are doing you a favour by posting comments. You should blog out of interest and sharing, the comments will come naturally.

[danfromwaterloo]

OMG!! Why does the S&P500 look so much like what I predicted back in February?

Source: http://stockmagic.wordpress.com/2009/03/23/prediction-vs-reality/

I too predicted the very same - albeit not to the same magnitude of precision that you've demonstrated.

I predict that the market will get over 10K by mid-Summer.

[Impossibles]

Wow, you nailed it with your vague fuzzy graph that looks nothing like the actual results over a short carefully selected timeframe and no explenation.

[questrader]

Wow, you nailed it with your vague fuzzy graph that looks nothing like the actual results over a short carefully selected timeframe and no explenation.

You're welcome. :)

Explanations of how I derived the projections were taken off in February after I received some rather unwelcoming comments in the e-mail. You might say, the crowd wasn't ready for what I was about to show them back in February...

But... Stay tuned... After a few more data points emerge, I might tell you where I think the bears might finally come out of the woods again (pending spare time). But the bears won't be come out anytime soon...