Wednesday, July 08, 2009

US market Prediction - Intra day for july 8, trade 58



US index dow 30 up 24 points. US market( dow 30 index)  may follow no consistent direction but hit a low point in afternoon. Could rise towards end of the day.
 
Diamond index fund(ETF)  1 lacs shares shorted at $ 81.76 and another lot at limit price of $ 82.60. Profits to be protected after gain of $0.80 with traling limit of $ 0.15
 
 
Trade 57: profit of $23,000. However total portfolio is now up only 5.3% as we couldnot exit carrying stocks of Diamond index fund in a falling market over last 3-4 days

 
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