Wednesday, August 22, 2007

Review of Weekly Prediction for US stock markets -Aug 13-17,2007


For last week we made a weekly prediction for US stock markets ( scroll down below or see links on the sidebar) the key poinst of which were
1. To create short positions (sell) on any positive opening on Monday ( aug 13) and hold till mid week ( with further guidance from Intra day predictions)
2. On Thursday we advised squaring off of all short positions carried over from previous days by afternoon since late bounceback was due as predicted in Intra day predictions.
3. Lot of intraday volatility and corrections on most days
Review: Recommended strategy would have given huge profits irrespective of which days positions were squared off ( by thursday or before ).

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