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Elliott Wave Theory stock market technical analysis. Major U.S. Indexes.
Specializing in QQQ and the DIA analysis and trading. QQQ and DIA Options trading.
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Blog entry date: 11/13/2008
1. ShepWave Pre-Market / Intra Day Update for Friday. Is the Trend now BULLISH? 11/13/2008 11:57:26 PM

There is no denying it; that was an impressive move Thursday.  This market is extremely volatilie and we must stay objective at all times to NOT be on the wrong side of it.  Was the purpose of Thursday's rally to force out 'weak shorts' and 'suck' longs in to the market?  OR is the...

2. ShepWave Final Notes on Thursday's Trading Action Published. 156 % Profits taken Thursday in QQQQ Options Play. 11/13/2008 4:21:36 PM

That was an impressive intra day upward reversal.  But, keep the critical trend lines we have been using for the mid to longer term rally always in mind.  The QQQQ made a 10% intra day move. That in itself is impressive.  So, now what?  Dow 20,000?  How about 10,000? ...

3. ShepWave Critical Updates Published. Where's the bottom? Time to take profits?? 11/13/2008 12:03:10 AM
New Trade enterd this afternoon

go to http://www.shepwave.com/ for today's new trade entry details. 

 

Thursday Profit Taking.  Intra Day Updat...

 
 
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