Friday, November 07, 2008

Prediction based trade 103:US market: nov 7

In US market dow index up over 122 points after 35 minutes trade.

Prediction: Market though volatile, is likely to go up further in mid phase of the day but loose gains towards end of day especially on dow -( Nasdaq may see better performance)

Hence short on dow 30 in afternoon at levels( higher levels than at present) which may be informed later ( or this trade may be abandoned)

 
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