Re: Bear market in 2008 and more trouble in store in 2009?

Please read our prediction for Bear market in 2008 made in dec 2007 .Click on the link.Bear market in 2008?( read specially the last section prediction for second half of the year 2008). ( a prediction that we also forgot!!!!)

 

Based on the reading, it is possible that 2009 may be volatile movements of the sort seen in 2008 and further corrections to lower levels than seen in 2008.

 

 

PLEASE NOTE OTHER DAY/WEEKLY PREDICTIONS WILL REMAIN  SUSPENDED UNTIL FURTHR NOTICE

 

Re:Predictions and articles

NO NEW PREDICTIONS WILL APPEAR TILL FURTHER NOTICE.

 

 

 

update: trade 106: Predictions for the week- dec 1-5

Nifty 2900 call premium at rs 52 with day lowest so far at around 41. Add three lots -1 at current premium, 2 at limit price of 40 and last one at 35.

 

PS: pls note in view of official recognition of US being  in recession these predictions are counter to market sentiments and involve higher risk
 

 

 

 

 

Market likely to bounceback by midweek ( tuesday or wednesday)

 

Buy 3 nifty 2900 calls at current premium of rs 70 and may add further calls options on correction on dec 2.

 

protect profits after premium advantage of rs 15 per lot( after brokerage)

 

 

Prediction for month of december 08:Indian stock market

Based on Tarot cards, cards indicate that broadly markets will see sharp correction and bounceback indicating V formation for monthly chart. Much (not all ) of this bounceback may be concentrated towards end of december- also in mid phase of the month markets will show tendency to bounceback.

 

Overall building short position in first ten days  and holding till 3rd week may give good profits.

 

disclaimer: all risk to be borne by traders.

Trade 107: prediction for week dec 1-5 US market

Weekly prediction for US market like Indian market is showing a mixed and volatile pattern.( US market yet to open today) with possibility of strong intra day correction towards end of week

 

US market is likely to recover from any correction at least till mid week with Nasdaq(1535 last friday closing)   likely to outperform Dow 30 (8829)

 

Trade 107: Buy maximium of  2 nasdaq call options , each at correction of  40 points.Positions to be protected/squared off before Thursday or if gain per lot is 30 points at least ( keep trailing loss of 6 points)

 

NOTE: December Month outlook Prediction for Indian( and perhaps US market) will appear later

Trade 106: prediction for week dec 1-5 Indian market

Market likely to bounceback by midweek ( tuesday or wednesday)   Buy 3 nifty 2900 calls at current premium of rs 70 and may add further calls options on correction on dec 2.   protect profits after premium advantage of rs 15 per lot( after brokerage)

PS: due to an error this prediction has appeared few minutes after its posting on other two blogs