Intra Day Prediction of US Stock Market-Dow Industrial-Nasdaq by Tarot for Thursday November 03,2005

Dow Industrial-NASDAQ Intra day Prediction based on Tarot cards

Thursday November 03,2005

Prediction: Today’s prediction classified as medium -high risk

Prediction

" DJI could have a dramtic start in opening minutes- sharp fall could occur perhaps after a quick rise or positive opening.

Both indices likely to be very volatile. DJI chart could have "peak formation" around mid- day/afternoon after a fall ( whether DJI is in positive or negative zone) but drift thereafter will be downwards. ( see strategies)



Thursday November 03,2005

These predictions will work best for indices and basket of stocks strongly correlated with DJIA( e.g NASDAQ)

Possible Intra day Strategy(ies):

1. Go short (sell) in morning if DJI opens strong or even mildly positive.
2. Go long (buy) around 11-11.30 am(approx) if there has been a drop in DJI in morning hours
3. Go short (sell) in afternoon following any recovery that occurs around mid day using trailing stop loss.

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