You will note we keep both our successful AND unsuccessful forecasts here. Fortunately the former vastly outnumbers the latter. In addition, when we are wrong, our precision allows for minimal time value lost. Overall, we believe our forecasting record in BOTH accuracy and precision is second to none in the financial markets. Then again, dart throwing usually outperforms most analysts forecasts. :)
The success of a money manager, trader or investor is based upon a combination of skills. Naturally his/her ability to forecast markets and/or select stocks is one of the most important. The bottom line of making money is enhanced by superior forecasting technique, but this alone is not sufficient. Also important are information sources, knowledge of market mechanisms, money management, trading technique etc.
Below are our webpost forecasts for 1997. These include the 1997 Hong Kong and Asian Market Crises, Blue Monday, the March 11 DIJA top six months in advance to the day and the October 28 337 point rally to the minute! Some of them are relevant into 1998.
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