Sunday, May 03, 2009

Review: Prediction of Japanese and European Stock Market April 27-May 1

1. chart 1: Japanese market was closed on wednesday. However as per prediction buying call option on Mon-Tue would have become profitable towards end of week.However no strong correction took place on friday
 
2. Chart 2-FTSE: buying on monday correction would have become profitable by mid week( definitionof mid week is hazy?). However such a buying would havebeen most profitable towards end of week( that was not predicted)
 
next post: review of weekly currency prediction
 
see www.ckal.in for regular IPL predictions
 

Prediction of Japanese/Nikkie225 Index
 
Accumulate Call options on the index till tuesday upon any intra day correction( lower index values than last week's closing value)  which is likley to become to profitable as week progresses but friday may see strong correction
 
 
European/FTSE 100 Index: No particular trend is visible.However correction on Monday may be buying opportunity which will become profitable before/by mid week. At the same time strong opening on Monday can be used to short index whioch may become profitable by midweek 

 
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