Index remained choppy and rangebound. shorting 2 stocks gave aloss of $7000( 10000 exxon oil) loss and 3000 gains on FSLR
Predictions as posted on Aug 26
This is again a high risk prediction.
US market may be too choppy /volatile today or simply rangebound.
After an earlier dip or correction extending to afternoon, markets may bounceback towards late afternoon/closing session
1. short index on positive opening
2. go long if market corrects 70 points( unles sbiz news indicates sharper correction by afternoon)
On Kaching a/c we maintain a bullish outlook as predicted for US for the month( last ten days) . shorts to be created to make some gains today and shuffling of portfolio to include other stocks
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