Monday, August 17, 2009

Re: US market prediction - Intra day for August 17 and weekly prediction for Aug 17-21

Inspite of negative news and falling global markets, US markets may recover from deep lows o f the day and may reach highest point by afternoon. second half is uncertain but bulk of evidence from our Tarot card model points to another late afternoon plunge even if temporary

1. buy on such corrections in morning as market may move up or recover
2. short smaller quantities if market recovers by afternoon to exit before close of trade today


Weekly Prediction( aug 17-21): US markets may do much better than monday on most days. hence accumulate long trades on every deep correction as US may see gains by en d of week at least compared to lows of Monday Aug 17

above strategies wll be followed on kaching account where possible. Long trades of past week will be treated as weekly strategy and more shares accumulated


 
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