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
"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