Re: Intra day prediction US market feb 12.2009

Dow down 167 points negative news, nasdaq down 42 points. index likely to hit lowest point in afternoon possibly in penultimate hour of trade ( betwen 2-3 pm eastern).

 

 

Buy 1 dow call option if dow hits -240 and second lot if dow hits -300 between 2-3 pm.exit if lowest point exceeds 330. protect profit of 50 points on each lot by margin of 25 points

 

 

usual disclaimer applies. this is  high risk prediction especially being a contrarian prediction