Wednesday, August 03, 2011

Prediction based trade no 7 US markets aug 3

today's prediction is classified as a medium high risk pediction due to predicted choppiness,ups and downs, range bound trade for most part of day

dow up 24 and sp500 down -1.2 points UTX (united technologies) down $0.46 Caterpillar down $0.83 points

sell 2 futures of each now and another 2 lots  if sp 500 goes up  +7points, utx and caterpaillar  pare 50% losses

protect profits when sp profits gains by 10 points and $0.70 on each stock

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