Intra Day US stock market-Dow industrial -Nasdaq prediction by Tarot for Friday ,october 7,2005

Dow Industrial Intra day Prediction based on Tarot cards

Friday ,October 07 2005

Tarot Prediction: Today’s prediction classified as medium risk

Prediction

"Today could be turn-around day for dow-nasdaq. Morning and last two hours could be volatile and although we normally do not predict net gains or losses, today dow-nasdaq could end up with gains. During last two hours of the day a sharp fall and sharp rise is possible and also in morning dow –nasdaq could rise fast amidst volatility. ( see strategies) ".


Friday October 07, 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 morning if the DJIA has opened negative or is weak. Buy certainly if DJIA goes down in morning
.
2. Go long (buy) in late afternoon if there is strong dip in afternoon

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