Prediction as posted in opening minutes today
US index dow 30 up 24 points. US market( dow 30 index) may follow no consistent direction but hit a low point in afternoon. Could rise towards end of the day.Diamond index fund(ETF) 1 lacs shares shorted at $ 81.76 and another lot at limit price of $ 82.60. Profits to be protected after gain of $0.80 with traling limit of $ 0.15Trade 57: profit of $23,000. However total portfolio is now up only 5.3% as we couldnot exit carrying stocks of Diamond index fund in a falling market over last 3-4 days
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Thursday, July 09, 2009
Review: US market Prediction - Intra day for july 8, trade 58
As seen in the intra day chart and prediction for the day, dow hit a low in afternoon (twice) and then bounced back. A gain of $ 53,000 from shorting . However no trade was carried out for second half of the prediction
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