Chart: Intra day prediction for Tuesday March 10 2009 Prediction-US market

As can be seen from full day chart (above), the expected correction did not come resulting in losses.

THIS PREDICTION WAS SENT TO A SELECT GROUP ONE HOUR BEFORE US MARKET OPENED TODAY(SEE DAY CHART ABOVE SO FAR)

Dow 30 index : Inspite of some encouraging signs, market may correct initially but reach day's high around 1-2pm.In last 90 minutes approx. a strong correction/loss of gains  is possible

Strategy  for Today :1.Buy call options if dow corrects 50 points or more in first 60 minutes 2. Buy Put options in last 90 minutes of trade today
 

REMARKS: AS CAN BE SEEN MARKET DID NOT CORRECT ON OPENING. DOW NOW AT +281. BUY 1 PUT OPTION NOW AND SECOND OPTION IF BY 2.30 PM IF DOW IS OVER THIS POINT(281). EXIT IF DOW RISES ABOVE 380. PROTECT PROFIT ON LOSS OF 100 POINTS WITH TRAILING LOSS AT 25 POINTS
 

 

usual risk disclaimer applies