Thursday, May 05, 2011

Should you trade today? Prediction of US stock markets may 5,2001

Todays prediction is  classified as High Risk because of possibility of strange and large dose of  choppiness/volatility

1. buy on early morning correction of -50-100 point correction in dow 30 index for early gains

2. sharp fall possible; short markets index on rise/recovery of 70-100 points fromearly morning lows

3. long positions can be created after market falls- between 70-100 points as market may rise in /by late afternoon

4. fall in nasdaq/spt00 possible in closing hour

No comments: