Wednesday, August 19, 2009

US market prediction - Intra day for August 19


Although US market is expected to go down in morning following global cues and domestic biz news, it will eventually move temporarily at least to day's high point o rpeak formation before falling again in afternoon. ( there is possibility that nasdaq comp index may do better)
 
1. Buy in morning after a deep correction of 150-200 points
 
2. short in afternoon on mild negative opening in morning of -50/60 points in negative.
 
such trades may be created on Kaching Trading account

 
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