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Making Money Day Trading- Wednesday sept 22

|Includes: PowerShares QQQ Trust ETF (QQQ), SPY, SPY

US stock markets up 18 points after negative open . Markets after hitting lower values now may rise to days highest point by late afternoon. A slide is likely in closing hour.

Key Risks today: Choppiness, Rangebound trade within70 points. See disclaimer in previous posts.


Strategy 1: Short at dow 60 points in next 1 hour with Trainling stop loss of 30 points.

Strategy2: Buy after a correction before Mid day USe TSL of 25 points to buy call options ( this may be most profitable or likely)

Strategy3: Short in last hour if market has risen to a peak


PLESE NOTE THIS POST APPEARED HOUR EARLIER ON MY BLOG BUT WAS DELAYED HERE



Disclosure: NO POSITION