Saturday, June 27, 2009

Review: US market Prediction - Intra day for June 26 trade no 55

See the intra day chart and the last few trading hours.
There was no major slump in late afetrnoon after a interim peak during mid day, which however did not affect our trading profit and loss.
Details of profit /loss will be given later

Prediction as predicted
 
US main index dow down about 47 points after 40 mts of trade.
 
Markets may recover by mid day but could fall in late afternoon temporarily.
 
On kachin site account
 
long position created in caterpillar shares ( 30k shares) and another 30k at limit price
 
Also long position in Alcoa shares created at limit price
 
Short position may be created in afternoon . ( past short positions not included)

 
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