Trade 72: Intra week Predcition for US Market: June 9-13,2008

Nasdaq down 39 points at 2434  wth nearly 2 hours of trade left on Monday and dow 30 down about 18 points.

 

Buy 1 Nasdaq call option and hold till most of this week. ( we may give a “add” to this position call upon further correction.

 

Buy 2 more lot if Nasdaq touches -50 or more at about 15 minutes before closing time today

 

It is likely that both indices will see net from gains from this point onward

 

 

 

 

Disclaimer: all risk to be borne by traders & .investor