Saturday, June 06, 2009

Review: Trade no 37: US market Prediction - Intra day for June 5

See chart for June 5 intra day US market and prediction below. a number of long and short position were created using Walmart, Diamond Index fund (DIA), Alcoa corp, Caterpillar. Total unbooked profit is
 
$16,500.

Note: Due to odd US trade timings (from Indian perspective), difficulty in squaring buy/sell orders in line with our prediction needs to be resolved. Till such time, unbooked loss/profit will be treated as actual loss./profit for that day in most cases

Prediction as Posted  on June 5

 
 

US market up over 70 points. The market may see a sharp dip before noon but likely to be moving up afterr that In closing hour, sharp movement is possible but indicies may lose muchof the gains( this part of prediction is least certain)
 
A mix of short and long poistion has been created in Diamond index fund (DIA), walmart, caterpillar shares to take advantage of volatility that i s possible today.
 
 
Pls note today's prediction carries higher risk

 
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