Thursday, July 10, 2008

Intra day Prediction US Market July 10

Today’s prediction is classified as high risk and hence it is not part of our virtual Trading Fund series

 

 

July 10: On back of some good news in US market both indices likely to gain initially ( dow up 33 points and nasdaq up 7 points)

 

However market is likely to be volatile and particularly may come off sharply but temporarily  from day’s high towards end of trading today( approx 90-100 minutes of closing trade)

 

Hence shorting dow 30 in two stages when up about 100 and 150 points may be safe ( but with stop loss)

 

 

 
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