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Wednesday, February 25, 2009

Intra day prediction US market wednesday feb 25.2009

dow 30 down 161 points after 50 minutes of trade.Cards indicate indicate index could see a rebound duirng last 2 hours of trade possibly hitting intra day high between 1.30pm and 3.30 pm( US eastern time).

Buy 1 dow 30 call option when dow hits -210 and exit if loss extends to -270. protect profit on a gain of 70 points with trailing stop loss of 25 points.

disclaimer: this is contrarian prediction amidst negative news in US.

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