Tuesday, December 01, 2009

Intra day prediction for US stock market on dec 1, 2009

US futures indicating a good start( dow futures up 70 points,nasdaq up
17) about 80 mts before trading opens

Prediction: US market after a good start will correct/dip
significantly and temporarily, possibly around mid day and rebound
towards end of day

1. Buy index call options if Us market opens less than 50 point on dow
industrial

2. Buy Put options if US index djia reaches 120-150 range or 60-70
points higher than the opening value( whichever is higher).

Sell calls (buy put options targets), if inactivated may be modified
after observing trading in initial hour


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