Review of Intra day Prediction of US Stock markets-Dow Jones- NASDAQ for Feb 7,2006

Verdict: A Good Money making prediction

We predicted for US stock markets the following for Feb 7,2006:
Link to Original Prediction

"Prediction: Main indices mainly DJIA and NASDaq likely to fall (sharply) durng late morning-mid day. .....

.....What to do: Intra day strategy: ...... but most certainly as far as DJIA is concerned, go short ( sell) 11-12 noon ( approx ) with trailing stop loss"

Review: We emphasized going short between 11-12 noon which would have been hugely profitable. Going long on weak indicies in morning would have fetched little or no profits.

Ofcourse our prediction that NASDAQ will perform better than DJIA proved incorrect.

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