Sunday, February 12, 2006

Review of Intra day prediction of Dow Jones for Feb 10,2006


Verdict: Good money making prediction & strategies

For Friday Feb 10,2006 we predicted Link to
Original Prediction

"After a good start ,Sharp fall in late morning with one of day's low points ( or valley formation in the chart) coming in post noon session. However DJIA is likley to make a good recovery in last 100 minutes of trade and may even close with good gains after a volatile trade...Intra day Strategy: Go short (sell) around 10.30-11.30. and /or go long on DJIA (buy) in afternoon after a sharp dip in indices (particularly in DJIA)"

Review: Though fall started a little earlier than predicted, the remarkable thing about the prediction was sharp rise in late afternoon ( over 90 points and more if counted from day's low) and positive closing inspite of sharp fall predicted for morning

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