Wednesday, March 16, 2011

US Stock market prediction March 16.2011

US Market index down 72 points slightly above days opening values

Outlook Choppy market

Buy djia  put options after market rises another 30 points,(-42) then use 30 point trailing stop loss to bu index put options.

Market may reach lowest value in afternoon approx 1-2 pm

An apprxmimate V or W formation in day chart likely

Buy Index call options in late noon for sharp rise of at least 60 points from point of purchase .level may be recommeded later

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