Review of Intra day Prediction of Dow Jones Industrial for January 06,2006

For Friday January 6,2006 we predicted Link to original prediction

" Dow Jones Industrial likely to end positive after a number of up and downs. Two sharp falls likely (1) dip in late morning/ second hour of trade ( approx 10 am- 11 am) followed by good rise (2) late afternoon followed by good rise.Normally good correlation with NASDAQ may be weak today like yesterday ( January 5,2006)


Review: DJIA ended with (good) gains as predicted. Further there was a sharp fall in morning followed by a good rise but fall occurred soemwhat earlier than what was indicated in our prediction. However second expected fall did not come but the second good rise did come came after a period of relative stagnation in the afternoon.