Showing posts with label nasdaq forecast for may. Show all posts
Showing posts with label nasdaq forecast for may. Show all posts

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

Monday, May 02, 2011

Prediction ; Buy or sell in May in US stock markets?

Key question for US stock market in May 2011 is buy or sell?


There is possibility of two episodes of strong correction towards end of this week/beginning of next and 2nd during 3rd week of May.

However MAIN TREND FOR US MARKET IS UP GAINING THE MOST DURING LAST TEN DAYS. ACCUMULATE MOST FRONTLINE STOCKS LIKE UTX,CAT,IBM,WMT,3M ON CORRECTIONS

Weekly prediction may be posted later but no intra day prediction will be posted today