Monday, November 30, 2009

Intra day prediction for US stock market on Nov 30, 2009

US market to open in approx 90 mts. dow futures and nasdaq futures
trading down mildly andmay head down on opening

Prediction: US main indices may peak by afternoon and then correct
siginifcantly perhaps temporarily.

1. Buy dow and/or Nasdaq correlated index options . Recommended buying
level for djia between -60-80

2. Index can be shorted once index gains 80-90 DJIA points from
opening values. ( these values may be modified after observing US
market in first hour)

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