"Next Indian Stock Market Crash": down memory lane

Those of you who saw or missed this prediction made on August 09, 2005 called " Next big slide..."

Click here to read it in full ( summary below)

"...next biggest single day slide in Sensex of these remaining five months of year 2005 could come in the month of November specifically between Oct 22- Nov 22, 2005....."

Also read our October Monthly Prediction and two weekly predictions for October 2005.


Review:

we do not know whether our prediction was off by a few days or big slide could still come, considering that the biggest intra day slide of over 300 points came on October 18, 2005 , possibiliy the biggest slide of this year (though september 22 sensex net fall for the day was bigger (265 points)).

However considering that Sensex falls over 150 points every other day, it could take only a whiff of bad news to send the market tumbling.