Chinese Stock Market prediction for week Sept 7-11,2009

Shanghai Compositie index(SSE) of chinese stock  market may do well in beginning o fthe week but likley to correct sharply around Wednesday-Thursday- at least on intra day basis in volatile week.( Other predictions will be given on mobile site ckal.mobi)

 

1. Buy SSE index based futures on weak opening on Monday for short term gain

2.Build Short positions on the index on Tuesday and wednesday for a possible correction

 

Please note 1.US market prediction may not be given due to a holiday shortened week while all predictions mentined in previous posting ( Sept 5) except for commodities/bullion will be for weekly outlook. In case of commodity and bullion predictions, intra day predictions will be given as weekly predictive model is not yet tested for large sample.

 

2. Dates given on predictions (for corrections and/or upward trend) especially in monthly predictions are approximate andmay need to adjusted for the fact that on occassion monthly predictions are posted somedays after commencement of the month for which prediction is given