Review of Intra Day Dow- NASDAQ prediction by Tarot for October 5,2005

Link to Original Prediction: For October 05 ,2005 (wednesday) our summary prediction was

"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"

Review: What actually happened

what worked in our prediction (1) Second half was more volatile. (2) Sharp downward adjustment in late morning (3) in DJIA and NASADQ even more so-a smart recovery of about 50 points(DJIA) which commenced at 12 noon. (4) Last 90 minutes saw a huge fall . (5) both strategies would have given profits inspite of an imperfect prediction ( never expect a perfect prediction)

What did not work in our prediction: (1) there was no recovery following sharp fall in late afternoon (2) we only said fall but did not expect such a large fall.


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