Wednesday, October 07, 2009

Review: Intra Prediction for US Stock market, dow Index in October 6, 2009

see the intra day chart. Though market dipped almost 100 points from
morning peak, an d then rose 60 points in afternoon along the
predicted lines, the fall actually came after a good rise in morning(
more than 100 points from opening values)- hence it is not clear if
prediction was financially useful from trading perspective

Prediction as posted before market opened on oct 6(below)

> US futures are indicating a positive and strong opening. Our Tarot card
> model indicates choppy and /or volatile session with dip/correction after
> market opens and may a hit a low before early afternoon
>
> 1. short index options on strong opening ,possibly in twio lots
>
> 2. Go long in afternoon ( but level cannot be specified now in the pre
> market hours)
>
> usual risk/responsibility disclaimer apply
>

 
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