Review of Intra Day Prediction US stock market-Oct 31,2007

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We predicted for US stock market for wednesday Oct 31,2007

"Intra day prediction for dow jones 3o-nasdaq for oct 31,2007" On a day of important Fed decision, it seems that market will see good rise after initial correction or sluggishness. hence buy dow futures /calls in two stages in morning before 11 am and second lot if market corrects before 1pm.it seems that either rate cut will be less than 0.5 points or there will be further bad news hence a great rise/ intra day recovery like sept 17 is unlikely" and on www.fool.com recommended Caterpillar Inc share for the day

Review:

The second chart of Dow 30 for oct 31,2007 shows thatUS index rose after initial choppiness. However the correction came not before 1 pm but around 2.30 pm. Buying in morning and holding till afternoon would given good profits. Caterpillar Inc shown in chart 1 was among the major gainers of Dow 30 index