Trade 108: Intra dayprediction for US stock market-Jan 14,2009

today's Prediction classifed as high risk

Dow down about 161 points and Nasdaq down 37 points after about 15-20 minutes of trade.

 

Market likely to be volatile today with sharp movements possible towards closing hour of trade.

Buy 1 dow call option if dow goes down to -270 points with stop loss if it breaches -310. Protect profits after a gain of 70 points with trailing stop loss of 25 points

 

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