Tuesday, August 18, 2009

Review: US market prediction - Intra day for August 17

As seen in chart dow jones reached highest point in afternoon but then declined- not eactly a plunge.
 
Profits from shorting $10,920.
 
Long trades created in line with weekly prediction

 
US Prediction as posted on Aug 17 below(weekly prediction also posted along with intra day)
 
 

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

 

 
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