Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights...

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Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.

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British Pounds - results Long on BP Monday and Wednesday successfully. Copyright 2007, A New Story Foundation, Inc.

Transcript of Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights...

Page 1: Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.

Results for Market Forecast

March 26-30, 2007

Copyright 2007, A New Story Foundation, Inc

All rights reserved.

Page 2: Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.

Results Summary

• This was our first week using the new charting system. Very good results overall.

• Correct in assessing the biggest event of the week was Crude movement on Wednesday. Interpretation error on direction of movement.

• Including error in Crude, we increased our modest trading funds by 67% this week.

Copyright 2007, A New Story Foundation, Inc.

Page 3: Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.

British Pounds - results

• Long on BP Monday and Wednesday successfully.

Copyright 2007, A New Story Foundation, Inc.

% Price Change, Cumulative - March26-30, 2007

0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

M T W Th F

B Pounds Forecast Actual

Page 4: Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.

Treasury Bonds - results

• Short on T-Bonds Mon. evening successfully.

Copyright 2007, A New Story Foundation, Inc.

% Price Change, Cumulative - March26-30, 2007

-0.8

-0.6

-0.4

-0.2

0

0.2

0.4

0.6

M T W Th F

T-Bonds Forecast Actual

Page 5: Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.

Crude Oil - results

• Short on Crude Wed. against obvious bullish fundamental and technical indicators – NOT successful.

Copyright 2007, A New Story Foundation, Inc.

% Price Change, Cumulative - March26-30, 2007

-6

-4

-2

0

2

4

6

8

10

M T W Th F

Crude Forecast Actual

Page 6: Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.

Stock Market - results

• Based on S&P negative forecast for Friday, we went Short on Dow Jones Index futures – Successful.

Copyright 2007, A New Story Foundation, Inc.

% Price Change, Cumulative - March26-30, 2007

-2.5

-2

-1.5

-1

-0.5

0

0.5

M T W Th F

S&P Forecast Actual

Page 7: Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.

Copper - results

• Did not trade Copper. Actuals tracked well in timing and direction, but not magnitude of change. Net change for week good.

Copyright 2007, A New Story Foundation, Inc.

% Price Change, Cumulative - March26-30, 2007

-3

-2

-1

0

1

2

3

4

5

M T W Th F

Copper Forecast Actual

Page 8: Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.

Lessons Learned

• This method substantially increases clarity and thus successful trades.

• Spotting peaks for selling short, and dips for buying are greatly facilitated .

• Ongoing problem underestimating magnitude of volatility in metals, however timing and direction continue to be fairly well placed. Needs further work.

Copyright 2007, A New Story Foundation, Inc.

Page 9: Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.

The Crude Story• We waited anxiously for the significant event of

the week – Wednesday’s big Crude move DOWN.

• Monday we were suspicious of the Crude chart, Tuesday the forecast and the actuals were becoming very different.

• In the future, if the charts are not tracking well we will 1) reassess our original qualitative assessment or 2) throw out the chart and stand aside for the remainder of the time period.

Copyright 2007, A New Story Foundation, Inc.

Page 10: Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.

Disclaimer

A New Story Foundation is not a brokerage firm nor are we professional investment advisors. Please consult the appropriate person/firm for specific investment advice.

Should you find our forecasts beneficial please consider supporting our research. Our sole source of funding is donations and grants from people like you. More information can be found on our website at http://anewstory.org.

Page 11: Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.

Thanks for your interest.