Last week (Aug 24-28-09) we predicted that the market is going to decline into Friday. It did and when you look at the whole picture Thursday overextended rally did not help nor Friday’s gap up, however if you dissect it into day by day it looks amazingly accurate:

Full Forecast:

Monday:

Tuesday:

Wednesday:

Thursday:

Friday:

As you can see G-Lines continue to perform very well -

That was a tough week for our G-lines, needless to say the market was full of emotion and news anticipation. On Monday when The Bill did not pass they decided to tank the market, on Friday when they passed “the bill”, the market tanked again?! Stratagies to use in this type of market is to cut back on your lot size and keep a close eye on your positions!

Not a back week considering the speculation and volatility in the markets. We didn’t get as much of a lift by the end of the week as we anticipated and Friday gap down didn’t help the cause -

Intraday Highlights From This Weeks -

Monday -

Wednsday -

Thursday -

Friday -

Not that I recomend trading our forecasts intraday, I just thought I share this with you. By the way Tuesday was way off and there is no need to post it.

Not that I recomend trading G-Line forecasts intraday but I though I’d share with you todays market action with the forecasted line -

Great week! This must have been the most volatile week in a decade or two. S&P500 Emini futures were trading of up tp 4-5 million contracts a day!

We prediced last Sunday that the market would decline from Monday into the lows of Thursday and rebound from there.

Certainly the Federal govenment intervention in the stock market operation has coused the 100point+ rally in the last 2 days. However, our members were quite satisfied with 80-90 point gain by Thursday lows.

Another great week for EminiForecaster -