Intraday Prediction by Tarot of Dow Industrial -NASDAQ for Thursday October 06,2005

Dow Industrial-Nasdaq Intra day Prediction based on Tarot cards

Thursday ,October 06 2005

Tarot Prediction: Today’s prediction classified as High risk

Prediction

"DJIA-NASDAQ will rise/recover in morning after a brief period of profit booking . However there will be sharp dip and recovery in the mid half of the day ( approx 12 noon-2 pm). Last 2 hours of the day is more uncertain. Last session of 2 hours could be especially volatile and last 70 minutes could see a good rise/recovery. again ".

Thursday October 06, 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 with a delay especially if the DJIA has opened negative
2. Go short (sell) in the late morning if the DJIA shows good recovery/rise in morning session.
3. Go long (buy) in late afternoon.

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