Prediction of Intra day US Stock market-dow-nasdaq for tuesday oct 11,2005

Dow Industrial Intra day Prediction based on Tarot cards

Tuesday, October 11 2005

Tarot Prediction: Today’s prediction classified as high risk

Prediction

"Today both indices DJIA and NASDAQ particularly Dow Industrial are likely to rise and perform well. However in late afternoon (below) there may be as strong dip especially in NASDAQ followed by recovery.


Tuesday October 11, 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)

Strategy 1: Go long( buy) in the morning if the DJIA has opened negative or is weak or gain is less than 30 points. Buy certainly if DJIA dips from any positive opening in morning
.
Strategy 2: Go short (sell) in afternoon ( 1.30 2.15 pm approx) if indices are peaking just before this time period

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Disclaimer: Investors/Traders/brokers are responsible for decisions taken on basis of these tips.