Wednesday, March 09, 2011

Prediction for US stock market March 9,2011

Previous prediction and recommended trading gave profits on both strategies-see march 7 prediction

Dow index down 16 points after opening

Market today may be very choppy making trading difficult ( other but remote possibility is a day chart that remains flat

1. market may hit a low point in early noon. even Lower points not ruled out later but will have recovered days losses towards end of dayBuy


buy index (SPX,SPY, EMini) put options now for gains of about 50 djia points

2. buy call options if market corrects 100 points.use 20 point trailing to max point of purchase of call options between 1-2 pm

ususal risk disclaimer applies

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