Saturday, May 09, 2009

Review: US market prediction May 8

 
As can be seen from the chart, first trade of shorting(Puts) would have been extremely profitable-$190 per lot approx.(see prediction below)
 
However this prediction was classified as high risk due to uncertainity of  timing of market pattern(intra day) .
 
 
IPL cricket  for May 9 may be posted later in the day
 
 
 

risk this is not from our regular prediction series
 
 
Dow up 135 points after 25-30 mts of trade. Market may see a correction  and then move up again. Buy 1 dow put now and another if dow hits 180 in next 80 mts.protect profit as in last trade
 
If profitable call options can be purchased towards end of the day( last 60-70 mts)
 
Coming next : IPL cricket prediction on www.ckal.in

 
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