Saturday, November 17, 2007

Review of the prediction -Nov 16 for the US stock market

For Nov 16 we made the following prediction(s) for US stock market on ckal.mobi - our mobile internetsite and also on American investment website www.fool.com

"Dow to bounceback from day's low in afternoon after hitting low approx 1-30-2.30pm.Net closing unclear.

On American investment website board we posted the same prediction in different words

" Short Dow in morning which will hit low between 1.30-2.30 and then bounceback in afternoon.

Review: It is clear that though prediction was made using a truncated model, profits would have been made going short in morning (with stop loss trigger) and again if trader went long around 2.30 till end of day



 
[Valid Atom 1.0]