Monday, November 24, 2008

Predictions for the week- nov 24-28 US market

Dow jones up over 350 points at 8390 after 2.5 hours of trade.
 
This week market likely to correct  steeply mid week with possibility of bounceback towards end of week.
 
 
trade 105: Strategy- buy 2 puts now and add 1 put for every 120 point rise in dow with maximum of 6 puts in all to be carried till wednesday. and maximum of 1 put to be carried for till thursday morning.
 
Call options may be recommended later as trade 106

 
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