ShepWave Pre-Market / Intra Day Update for Friday Published. Stock Market Technical Analysis. Elliott Wave Theory. Took 57% profits in a QQQQ Options Play this morning.
by ShepWave.com
Posted: 9/19/2008 02:15 EST

 This afternoon's ShepWave  Intra Day Update has some CRITICAL NOTES!!

New Positions have been entered this afternoon (as well as this morning).  Locked in a lot of profits this week; freeing up room for some NEW Positions.

Also: some critical notes have been added to today's Intra Day ShepWave Update.

Go to www.shepwave.com for today's update.

ShepWave took 57% profits in an Options play entered earlier this week. 

Also, we have added new positions.  Read today's notes closely.  AND be careful trading off of EMOTION.  Stay Objective.  (may have to turn the TV  off.. LOL).

Go to www.shepwave.com for today's ShepWave Intra Day Update showing today's position changes.

We saw a very strong end of day BULLISH thrust Thursday.  The QQQQ HIT our cited initial target. The DOW Industrials Index and the S&P 500 Indexes also hit 'initial' targets.   The FUTURES are also up a lot as of this time.  So, STAY LONG or EXiT LONG SIDE POSITIONS and reenter SHORT side positions?  Read tonight's update very closely. 

ShepWave is looking to take some MORE profits possibly first thing in the morning and possibly add to some positions.  Gotta love this market. Technicals working out nicely.

Go to www.shepwave.com for the Pre-Market / Intra Day ShepWave Update for Friday.

Our prayers go out for the Texas Residents being affected by Hurricane Ike.

Fed bails out AIG

But, Who's gonna bail out the FED? (ShepWave note)

FHFA takes over
Fannie Mae, Freddie Mac placed under government conservatorship

The Mortgage and Credit Crisis in the United States 8/4/2008 4:00:00 PM

Why 'Bye, Bye Bears' Means Just the Opposite 8/1/2008 3:45:00 PM      Two more banks fail; Mutual of Omaha Bank buys deposits Who's Next?      U.S. MARKETS Finally, June's over Mixed session ends worst June since Great Depression, with Dow eking out a small gain. S&P 500 ends on  upbeat note, but Nasdaq loses 1%.   U.S. MARKETS 1st quarter: Steepest decline in 5 years U.S. equity indexes snap three-day losing streak with Monday's advances, yet they finish the first quarter of 2008 with the markets'  steepest declines in the past five years For trading strategies, Trade Signals, Triggers, Targets, Charting and Elliott Wave Theory Analysis go to http://www.shepwave.com/   Go to www.shepwave.com for Updates.  Trend Analysis, Elliott Wave Theory, Fibonacci Retracement and Fibonacci Extension Targets, Trade Triggers and Targets shown. QQQQ Trade Signals.    Stock Market Technical Analysis.  Elliott Wave Theory. ----------  Purchase a Subscription to Shepwave.com   Starting in August ShepWave began Publishing Intra Day Updates with short term analysis 'mainly' concentrating in the QQQQ but also showing the other indexes and individual Stock analysis.  This EXTRA service will have an additional charge to the Regular ShepWave Subscription eventually.  Those already Subscribed to ShepWave will be EXEMPT from any additional charge for this service when it is added in the future.     ShepWave provides the Services listed below for Less than $20/Month   Short, Mid and Long term Trading Analysis with Trade Entry Signals, Strategies, and Targets Regular Scheduled Updates Published by Market open on Monday and Thursday.  Intra Day Updates for QQQQ, DOW,S&P 500 and selected individual stocks most every day. Our purpose is to not only show potential trade set ups and the management of those trades but to TEACH objective disciplined methods of trading for any time frame. QQQQ Trend Trading. QQQQ Options. Trading Stock Options. Dow Industrials, S&P 500, Nasdaq Indexes, QQQQ, DIA and Selected Stocks Analysis Email Notification of reports and trades if desired     Trend Trading, Trend trading stocks, market trends,stock trends,stock market technical analysis, stock market timing,qqqq, qqqq options, qqqq trading,options, options analysis,stock options, trading options,trading stock options ,stock market technical analysis          Feed Shark Blog Listings Blog Directory   Directory of Finance Blogs Blog Listing stock market analysis stock market stock trading qqqq qqqq trading elliott wave theory Turbo Tagger elliott wave theory market timing stocks trend trading qqqq trading options trading Turbo Tagger Technorati Profile forex trading currency trading trading software foreign exchange currency forex software forex trading software Turbo Tagger forex trading forex trading currencies forex trading software forex free trial forex analysis Turbo Tagger power shares qqq powershares qqq qid qid trading qld trading gld Turbo Tagger     stock market stock market technical analysis technical analysis stock market timing market timing stock technical analysis Turbo Tagger   Stock Market Technical Analysis.  Elliott Wave Theory stock market technical analysis options trading elliott wave theory wave theory qqqq analysis Turbo Tagger

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