Thursday, May 08, 2008

Predicton based trade 34: US market May 8

Dow up 53 points in volatile trade.Nasdaq up 17 points after 2 hours of trade. Volatility will continue

 

Sell 1 mini dow futures now ( stop loss dow 30 rises 50 points)

Sell 1 mini dow futures if dow rises 40 points further ( up 93points Stop  loss Dow rises 40 points from pruchase)

Sell 1 mini Nasdaq futures at current premium ( Stop losss if Nasdaq rises further 10 points)

 

 

Protect profits for any 40 points fall in Dow 30 and 10 point fall in nasdaq

 

Disclaimer: All risk to be borne by trader

 
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