Friday, September 02, 2011

Prediction:Should you buy or sell in US stock markets in September ?

 Dow Jones August closing 11613 and sp500 closing was 1218.9 and further correction on september 1 of over 119 and 14 points

US stock markets, Dow Jones prediction-outlook  for September

More volatile than indian markets this month. first half of correction,2nd half mixed bounce back. very similar to indian markets prediction for spetember posted yesterday.

1.Sell futures/buy puts 3lots at current levels for steep correction and 2nd set  at 11750 before 7 september

. markets will bounce back strongly once even during this early september correction phase but 2nd phase starting Sep 15-18 will be better for going long on man index

update on Indian market: based on September prediction price target on one set of puts met while target awaited on other lots. premium may be changed anytime  if order not triggered

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