This isn't the first time I predicted, that breaking news would move the market precisely.
Twitterlings' should recall another recent prediction I made, that "bad news out of Spain", would be the catalyst for a sell - into a bullish back-test we were looking for - and that's what we got that very morning. But my most recent - real-time - prediction which led to our best trade of the year, can only be described as uncanny.
The VIX suddenly spiked shortly after, before the news. Prediction twittered Oct 18th, 2012, 11:27 AM:
Watching the @cnbc half time report. I sense something really bad is about to happen. — Anthony Allyn (@3Xtraders) October 18, 2012
4 minutes later: "Google market cap sinks $20 billion as earnings error sends Wall Street lower" [nj.com]
The selling continued into Friday's options expiration, on the 35th anniversary of the '87 crash.
The $VIX ended the week at 17.06, with the Dow losing over 200 points.
Some have called me the prophet of profits but lets sift though the BS:
I have always been intuitive, but I struggle to explain how I am able to make these kinds of predictions, and I often have to pinch myself and ask which comes first, the chicken or the egg, the chart or the market?
From my own observations: the future is already laid out, and optimally the chart is in sync... All I do is interpret the waves, patterns, trend lines, and of course, market psychology.
The stock market is a complex thing; and many lifetimes have been spent trying to figure it out, but I attribute much
of my success to the fact that I question conventional wisdom. I believe all wisdom comes from God. Those who can accept this are light
years ahead of the egg heads.
Let's took at the bigger picture:
One of the first things I did when I published this blogger site was to embed a National Debt clock, but it wasn't until 2012 the debt clock became a focal point at the RNC, and even today only 50% of the population see the National Debt as a real political issue. What that means to me is that the majority will choose to learn the hard way, because burying your head in the sand is as much a conscious decision as is confronting an issue head-on is.
Speaking of politics: I pointed out in an earlier blog that this years election is about more than just politics. It's about the future of this country during a critical time in history.
Will we return to the principals on which this nation was founded, or will be continue to follow those who would have you think they are smarted than God.
This was confirmed when the majority in the Democratic party were seen trying to exclude God from their national convention.
Only those of us who have eyes to see and ears to hear have a clue as to what comes next. Future events may be inevitable but we as individuals have a choice to make.
3Xtraders.com doesn't only trade 3X leveraged ETF's. The chart that called the top on Google can be found in the forum area, available to Gold Members only.
You can also get my daily outlook before each opening bell for a month for only pennies a day at 3Xtraders.com
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