Review of Live Demo Series: Prediction 3/10 US market Dec 6,2007

Verdict: wrong prediction 

 

nasdaq 100 index did not fall before 2-2.30 .However as predicted it did bounceback ( or rose sharply) in late afternoon thus minimizing losses as exit or stop loss was appropriate in view of expected bounceback in late afternoon. In view of bounceback we would hav ebeen better off recommending "buy" in afternoon

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