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 adn 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



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