Intra Day US Stock Market-Dow Industrial-Nasdaq Prediction by Tarot for Wednesday October 05,2005

Dow Industrial Intra day Prediction based on Tarot cards

Wednesday ,October 05 2005

Tarot Prediction: Today’s prediction classified as medium risk

Prediction

"Dow Industrial likely to see good rise/recovery during the day . Most of it likely to happen in the second half of the day-after mid day. DJIA could begin to recover/rise smartly around mid day or just past noon after a quick/sharp downward adjustment in the late morning . However there is a slim possibility that towards end of the day ( last 70 minutes aprox) there could be a fall/loss of gains followed by recovery. Second half likely to be more volatile.


Wednesday October 05, 2005

These predictions will work best for indices and basket of stocks strongly correlated with DJIA( e.g NASDAQ)

Possible Intra day Strategy(ies): (use trailing stop loss)

1.Go long( buy) in the late morning/ mid day especially if the DJIA has gone through a quick/sharp fall around this time.
2. Go short (sell) in the morning if the DJIA opens or quickly climbs up in morning itself ( high risk strategy)

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Read the review of yesterday's DJIA predictions : Review prediction DJIA Oct 04,2005

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