Phases & Cycles have a track record of predicting both the directions and the targets correctly.
A few examples:

1. Nortel: On November 1, 2000 as Nortel violated support at $90, we were quoted in the Globe & Mail:  “Nortel could easily fall to $30, or even lower”!
   
   
2. On July 3, 2007, we issued a major Sell report on the Banks before their collapse.
   
   
3. AK Steel: Our BUY report on December 18, 2006 (US$15.93) eventually resulted in a 359% gain.
   
   
4. Office Depot: Our SELL report on June 29, 2007 (US$30.30) was followed by a 95% decline within a year-and-a-half.
   
   
5. Bombardier ‘B’: On March 4, 1998 we published a BUY report at $7.95 (adjusted for splits).  It traded as high as $26.70, for a 236% gain.  We issued a SELL report on March 2, 2001, at $22.20. Subsequently, Bombardier fell as low as $3.13, for a loss of 85%.
   
   
6. Biovail: On June 28, 1999 we published a BUY report at $18.50 and with targets of $69 and $89 (adjusted for split). Biovail reached $91.00, for a 392% gain. We issued a SELL report on May 1, 2002: the stock declined to $31.52. We issued another SELL on October 6, 2003 at $41.80; the 2004 low was $16.90.
   
   
7. In addition to Stock Reports, we publish Market Comments at regular intervals.  These have an excellent track record.  For example, we turned bullish in October 2002 and predicted the March 2003 correction, we stayed bullish throughout 2003 and most of 2004, caught the corrections in 2005, predicted new highs for 2006 and 2007, correctly forecast the beginning of the mid-2008 sell-off, and turned bullish again in April 2009.  
   
   
8. We issued 110 reports in 2001, 129 in 2002, 147 in 2003, 177 in 2004, 236 in 2005, 233 in 2006, 226 in 2007, 208 reports in 2008, and 249 in 2009, well ahead of our two-reports-per-week publishing schedule.