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Prediction for US stock market Friday Nov 2,2007 based on Tarot card model
Prediction classified as high risk
" Against the backdrop of negative news flwoing from US economy, we predict/suggest the following
1. Short (sell) on Dow (i.e buy Dow Put options) if Dow opens -50 or better. Day will be volatile with day's low point between 11-12 noon
2. Dow likely to see good rise/recovery from day's low in the afternoon. Hence buy Dow call options with position in (1) hedging (2). Put stop loss in (1) if Dow begins to rise in afternoon
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