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Friday, July 2, 2010
Summer Duldrums - Buy at Dow 9400 and sell at Dow 10400 till end of August
My plan for making money this summer is unfortunately a trading strategy for technology and high beta type stocks. I plan to buy low at DOW 9400ish and Sell at DOW 10400ish. Mostly I will plan on buying call options or purchasing the actual stock depending on circumstances. I think the market has enough noise in it to last till the end of summer within that trading range. Then hopefully the bulls will get organized toward an October - early December Bull Market. Let me know if you have a better crystal ball? I am always game to listen to other opinions.
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About Me
- Mark
- I have a passion for investing and surfing.
• TCPL Packaging.- Weak results by TCPL Packaging Revenue up 13 % at Rs 181 crore Net profit down 42 % at Rs 5.9 crore. Ebitda down 19 % at Rs 22.4 crore & Margin at 12.4 % versus 17.2 %.
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