Dobri's Prognoses - results up to May 5th 2012

The prognosis on EUR/USD, Gold and Apple from April 26th looks successful

Just as predicted the Euro has fallen from 1,3220-1,3240. The profit was even higher than the conservative expectation of 50-100 pips. On Friday May 4th Euro closed at 1,3081.
Just as advised it was a good deal to sell the gold at $1647, after bought at $1630. There was another moment with a price around $1630 so you could buy again the same gold. I continue not to advice short positions against gold, as inflationary pressure can at any time skyrocket it over $1700. My advice is to sell only previously bought at lower levels gold.
Just as expected, Apple shares went down. The one-time peak due to good results can not reverse the general pressure down as Apple shares are generally over valuated. I think Apple is consuming some non economic
emotional benefits and this is a kind of trap for it. The prognosis of $550 per share is not yet fulfilled, but as this is a short term prognosis so there is still time to wait. By now the $565 per share is a trend that proves the prognosis. I think the price can fall even below $550.

Prognoses and advices to buy Gold at $1645 (May 3rd) and at $1627 (May 4th) look semi-successful but without losses

The prognosis on Gold - to buy it at $1645 was not profitable. The Gold went down for a while, before returning back to $1645. So a profit was not made, but also there were no losses for the one that followed my next prognosis - to buy more at $1627. Just like it was forecasted - the Gold jumped again so buyers at $1627 have made profits. And temporary losers that have bought at $1645 (on May 3rd prognosis) were at zero if followed the advice (of May 4th) not to sell at loss at $1627, but to wait and even buy more.

Dobri
May 5th 2012 10:18 a.m. GMT

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Dobri's prognoses are not regular forecasts of markets, but forecasts at moments when Dobri believes the processes are predictable. Generally most of the time the markets are unpredictable. But sometimes there are factors that well analyzed can lead to a good prediction. So these are the Dobri's prognoses.


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