Idyllwild, CA (PRWEB) April 16, 2009
In late 2008, market forecaster Daniel T. Ferrera wrote "Outlook for 2009," published by the Sacred Science Institute. Ferrera's work, inspired by the late W.D. Gann's famed forecasting work, utilizes extensive analysis of planetary longitudes, complex cycles work, comparative market history, and astute current trends analysis. His forecast for 2008 was consistently accurate throughout the year.
In the Outlook for 2009, Ferrera forecasted a panic-like decline going into March and this time period represented the 1st buying opportunity to purchase stocks in 2009. He specifically forecasted March 12 as the low and the actual low in all the major indexes occurred on March 6. See the attached updated long term S&P 500 chart from 1999 to March 2009 - forecasted vs. actual. Dan's original forecast, published in his landmark teaching text on cycles called, "Wheels Within Wheels," in 2002 provided a 100-year plus forecast to 2108. The original S&P 500 forecast is updated against actual market performance through March 2009.
The Institute surveyed investors who'd purchased "The Outlook for 2009" to elicit their views of the forecast's usefulness. Following are their comments:
On Dan's forecasted March low:
"Dan's books are a must read to map your investment plan for the year. Many analysts, forecasters, and advisors still do not realize that time is the most important factor when deciding to either invest in the market or sit on the sideline waiting for price to align with time. It is amazing that when you realize these cycles have always been around and will continue it creates calm within and helps you take out the emotion when you trade."
M.C. - Ottawa, Canada
"Dan's call for an early March low was an impressive call. Based on Dan's track record for 2008, I strongly weighed his call for an early March 2009 low together with my own and another's Elliot analysis in deciding to reverse my equity trading position from short to long during the period March 2-5, just ahead of the market's March 6 low. This resulted in a strong gain in a short period. My thanks to Dan."
S.B. - Hammond, IN
"Yes, I found it quite helpful as I was seeing similar signs in shorter time frame charts. I covered shorts first week in March. Went long select names with good relative strength that did not make a new low from Dec., aka, goog, aapl, cme, bidu, abx. I am up 20% since March overall, over 500% in some options."
M.T. - Croton on Hudson, NY
"Yes, I acted, but not until March 17th due to travel. I purchased options on QLD (Proshares Ultra Nasdaq) ETF. As I said, I was late to the party, but I have made 64% thus far on this investment."
C.P. - Bloomingdale, IL
"It (the book) has helped me from jumping the gun from buying too early at the end of January."
J.D. - St. Louis, MO
In addition to the forecast in "The Outlook for 2009," the text is filled with fascinating insights and educational materials, particularly concerning W. D. Gann's "Financial Time Table," created in 1909. Gann himself has been quoted as saying that he made his greatest discovery on August 8th, 1908. Within a year following that date, he had compiled his Financial Time Table, a worksheet that predicted years of recession, depression, high stock prices, panics, low stock prices, speculative times, stock market crashes, labor strikes, and so on. The table is based upon a particular combination of cycles and periodicity, which is not immediately obvious to most.
Gann's Financial Time Table has been a source of great speculation within the community of Gann researchers and market analysts for the past century. This amazing table has predicted the trends of the market quite accurately for the last 100 years. Ferrera has now updated, corrected and brought Gann's Financial Time Table up to contemporary times in "The Outlook For 2009." In addition, Ferrera has given one of the first clear explanations of how this important table actually works. The value of this insight alone is worth the cost of "The Outlook For 2009."
In response to the question, "Do you consider Dan's book a worthwhile purchase? If so, why?
"Absolutely! He has saved me and my clients money! Dan presents his material in such a concise manner that he clearly leads the reader to logical conclusions using many different forecasting tools that point in the same direction of his forecast.
J.D. - St. Louis, MO
"EVERYTHING Dan writes is worth EVERY PENNY of what it costs. PERIOD."
J.G. - Rochester Hills, MI
Ferrera's annual forecast features much greater detail. For example, Ferrera correctly called the top in October 2007 within one week, the bottom in mid-March 2008, the subsequent rally into mid-June and the sharp decline that has happened since. The complete "Outlook for 2008" is available free on line at: http://www.sacredscience.com/ferrera plus additional free charts.
In the forecast for the New Year, "The Outlook for 2009", Ferrera applies methodologies inspired by W.D. Gann, and explains them in clear language, unlike Gann. Besides being an invaluable overall guide to market direction, the text also serves to educate the reader in the art and methodologies of market forecasting.
About Daniel T. Ferrera: Since 1998, Daniel T. Ferrera has been a featured writer in Traders World Magazine and is one of the country's most highly respected Gann experts. He is also the author of several related books on the subject of trading, market cycles, W.D. Gann and The Square of Nine.
Ferrera is well known for his cycles work and market forecasts, which are made several years in advance. One of his more famous forecasts was the bull market top in 2000 and the 3-year bear market that followed. Currently, Mr. Ferrera is working as a passive partner and trading system designer for a unique hedge fund project called Fortissimo.
Mr. Ferrera has been studying the price action of markets for over 20 years and has more than 12 years trading experience. As a former stock and commodities broker with 7 years experience, he has worked both sides of the trading fence and offers a unique perspective to any investor.
In his first course, The Mysteries of Gann Analysis Unveiled, he predicted a stock market low in 2003 where most analysts were expecting a high and wrote: "My personal belief is that the year 2003 will probably be a low and not a high. There are many interesting numeric and astrological cycles that support this view."
In his masterful course on cycles, Wheels Within Wheels, released in 2002, Mr. Ferrera illustrated how Gold would have a major advance, interest rates would continue to decline into 2007, and he predicted that the stock market would experience a strong advance from 2003 to 2006. The text includes an extended 100-year market forecast into 2108.
Mr. Ferrera has also written a practical trading course, "The Keys to Successful Speculation."
Mr. Ferrera's articles are available for free download at the site listed below.
For more information and to order these and others of Mr. Ferrera's works, please visit: http://www.sacredscience.com/ferrera
About Sacred Science Institute:
The Sacred Science Institute is a non-denominational, non-sectarian, non-religious, and non-academic Research Institute dedicated to the rediscovery and application of Sacred Science in all fields of technology, science and philosophy.
The Sacred Science Institute is intent upon making accessible the wisdom traditions of a variety of cultures, both ancient and modern, focusing on their scientific, philosophical and spiritual traditions, so as to promote understanding and communication based upon the core teachings and principles of these great traditions. We feel that many cultural barriers may be overcome by developing a deeper understanding of the laws of nature and the universe, and by discovering the correspondences between the representational modes of logic and symbolism used by groups and individuals separated by space and time.