Review: Intra day prediction US market wednesday feb 25.2009

 

 

The chart shows Dow 30 intra day chart for Feb 25. As predicted intra day high was hit betwen 1.30 and 3.30 pm US time though no call option could be purchased as the pric e limit suggested( lowest point was -194 against recommended -210)

Site www.kal.in can be accessed from www.marketpredictions.blogspot.com only for next few days
 

The Prediction yesterday was

 

 

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.

 

site www.kal.in can be accessed from 

www.marketpredictions.blogspot.com  for next few days