Friday, June 13, 2008

Prediction based trade 77 & 78: US market

US market to open after 2.30 hours .

 

Trade 77: Buy 2 Puts each of Dow 30 and Nasdaq  if dow 30 opens at -30 or higher and nasdaq is available at -10 or higher. Protect profits once nadaq hits -22 and dow 30 hits -100.keep trailing stop loss of 5 and 25 points respectively

 

 

Trade 78: Market set to bounce-back after initial pullback. Call options may be purchased after 12 noon or when stop loss is hit on trade 77

 

 

Disclaimer: all risk to be borne by traders/investors. Note the above levels may be adjusted once market opens to allow for new information on US stock market

 
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