Re: Intra day prediction US market feb 12.2009
Charts for intra day prediction US market feb 12
1.trade 109 was profitable but next 2 calls could not be purchased as purchase level was short by just 2-3 points. gain about $120.
2. Due to typing error it was reported that nasdaq was down 50 points in ealry trade.it was down 30-32 points.Though predictions were correct an dprofit making this trade is abandoned due to misquoted index level
trade 109 : dow 30 down 162 points in eary trade. nas daq down over 50 points. buy 1 dow 30 call options and 2 more if dow falls to 220 level in next 70 minutes. exit if dow falls to 250. protect profit if gain per lot is 50 poinst with trailing stop loss of 15 points.(see prediction below)_trade 110: index may see quick sharp fall in late afernoon but towars end of day may pare losses. buy 2 nasdaq put options if nasdaq goes up to -25 with trailing stop loss of 10 points after a gain of 15 points. exit if nasdaq enetrs positive territory
usual disclaimer applies. this is high risk prediction