Friday, September 12, 2008

Prediction based Trade 98: US market Sep 12


US market yet to open .


Outlook: Market may see a correction which may be most pronounced in mid phase of the day. Second half is however uncertain( with possibility of bounceback)

Buy 3 lots of Dow Puts if dow opens flat at 11433 and second and third lot at 11500 11540( market could see rise in initial 2 hours of trade ) .Buy all three lots if market opens at higher values. Protect profits when dow slides 70 points from point of purchase with trailing stop loss of 25 points.

This prediction may be updated depending on market opening values


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