Prediction: US market this week (feb 19-22,2008)
US futures today are showing good opening.For the week however US market especially Dow 30 industrial index seems to indicate a mixed performance.
Strategy 1: Short dow 30 as it is likely to become profitable by wednesday-Thursday during a sharp correction
Strategy 2: go long on Nasdaq composite index upon any strng mid week correction as some positive tech related devlopments/news possible may drive up nasdaq comp index
net weekly gains on dow 30 uncertain ( it may be positive or negative)
disclaimer: all risks to be borne by trader/investor |
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