Monday, January 16, 2006

Review of Intra day prediction for DJIA for Friday January 13,2006


For Friday January 13,2006 we predicted Link to

" At least one of the indices( possibly both) likely to close strongly by end of day.

It is more difficult to suggest the best time to buy for intra day trading purpose. Two suggested timings are in morning ( with a delay) and late morning-afternoon ( 11.30- 1pm).


Late afternoon could see volatility and strong spurt in the indices (DJIA)

Review: Both the indices ended with negligible change. Both the indices surged up in late afternoon as predicted. Suggested buying periods ( in morning and afternoon) corresponded with dips in the indices.

0 Comments:

Post a Comment

<< Home