Tuesday, April 26, 2011

Day Prediction:Two ways t o make money day trading today

Todays chart may be repeat of yesterday with these exceptions

1. sharp temporary fall expected in afternoon approx 1.30-2.30 pm
2. market may peak before that


djia now about 28 points. buy between now and djia at -20 in next hour
in two lots

sell CAT in afternoon around $109.6

buy puts in afternoon
buy call options now

April 25 predictions:

success rate for forex prediction on April 25 = 4/5

BA,CAT calls were profitable, while UTX ended in minor losses

Market peaked around afternoon but did not fall thereafter as predicted

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