Buy or sell today? -intra day prediction for US market may 3,2011

dow djia down 3 points nasdaq down 9 points after 30 mts of trade

choppy possibly ranged bound session possible today

markets especially  djia, sp500  may peak inearly afternoon but may correct in late noon


buy djia or sp 500 call options if djia hits -30,-50 in next hour for mid day gains


next part may be given if above strategy is profitable. better to short nasdaq 100 in afternoon