Review:Trade no 40: US market Prediction - Intra day for June 9

See the intra day chart here. Market did not up to th extent itwas expected. ( Nadaq outperformed dow index). Secondly index tocuhed a low of -39.5 in the time specificed as against -40 limit set for purchase of another 6 call options.Loss was approx based on options calculation approx $340.

 

However long positions in three shares on kaching gave a profit of  $150,000 approx. Total value of portfolio starting at 10 million is now $10,434,000

 

US market index dow 30 upo 26 points.

 

 

we expect market to go up further. However there is at least one  correction due in afternoon which may be temporary.

 

 

Long positions maintained in Alcoa ,caterpillar and Walmart shares on kaching trading site

 

 

Also buy 5 call options now and another 6 if dow corrects to -40 points in next one hour.

 

PREDICTION OF THE 3RD GAME OF NBA TO BE PLAYED TONIGHT MAY BE POSTED LATER ON WWW.CKAL.IN