Review of Intra day Prediction of DJIA for January 09,2006
For January 09,2006 our Intra day prediction for Dow Jones was
" We predict the following in decreasing order of reliability.
1. Dow Jones (DJIA) likely to fall sharply after a good opening or good rise in morning
2. DJIA likely to recover well in the afternoon
3. Positive closing likely for at least one of the indices (DJIA/NASDAQ)
Review: Part 1 of the prediction did not turn out right though part 2 & 3 of our prediction was on the spot. However since our emphasis was on going short in the morning it was not a good prediction.
" We predict the following in decreasing order of reliability.
1. Dow Jones (DJIA) likely to fall sharply after a good opening or good rise in morning
2. DJIA likely to recover well in the afternoon
3. Positive closing likely for at least one of the indices (DJIA/NASDAQ)
Review: Part 1 of the prediction did not turn out right though part 2 & 3 of our prediction was on the spot. However since our emphasis was on going short in the morning it was not a good prediction.
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