intra day prediction of US stock markets for August 10,2007

Friday, August 10, 2007

Intra day prediction of US stock market, Dow Jones Index & Nasdaq on friday August 10,2007 based on a Tarot card model

" Even as volatility continues, profits are likely to made by going long (buy) in first hour of trade and profits are likely to nearly maximized ( approx 1.30-2.30 pm) as main indices are likely to hit a intra day high between 1.30-2.30 pm (approx) and that is when a sharp and possibly temporary fall is likely .

Trading strategies for today

1. Go long on main indices especially DJIA in first hour trade if as is likely DJIA opens negative.

2. Go short around 1.30 -2.30 pm on any peak formation in chart with trailing stop loss

US stock market predictions nowbeing posted on www.fool.com

Caution: All trades made on basis of above prediction is sole responsibilty of the trader/investor.

Posted by starpundit