Monday, June 01, 2009

update: US Stock Markets -Prediction for June 1-5 and Intra day fro June 1

If profits appear later tonight these may be booked since weekly trend is volatile(dow up 150 points) even though weekly gains may be higher

 
US market this week( with corrections)


US markets likely to show volatile pattern ( of an intra day nature) where
on most occasions indices will show a tendency to bounceback from
dips/corrections

It is possible Nasdaq index may outpeform dow this week.

For our Kaching bases trading, positions will be nasdaq or stock specific
mostly and with a view to hold on most of the week

Intra day June 1: market may surge up after initial loss of momentum

 
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