Wednesday, July 23, 2008

prediction based trade 88& 89: Intra day prediction US market July 23

US market likely to see volatility inspite of good news such as on oil price etc with two episodes of correction ( first in morning and late afternoon) and possibly two bouceback following each of these corrections

 

This prediction is posted about 1 hour before market opens

 

 

Trade 88: Short two lots of dow 30 as market may down after positive opening. Short at dow 30+110 and dow +170 unless higher value ( in lieu of 110) is seen by 10 am US time( adjust both shorting points accordingly)

 

 

Trade 89: Go long on dow 30 after first correction ( unless values are given for taking long calls, this trade should be ignored)

 
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