ShepWave Update Published. Another one bites the Dust? Wachovia looking to start bailing? Stock Market Technical Analysis. Elliott Wave Theory.
by ShepWave.com
Posted: 9/28/2008 01:23 EST
Wachovia reportedly in talks with three suitors Click the link for the Wachovia News.
The Regular Scheduled Update for Monday has been published. Again, the action of the Dow Transportations index may be an additional 'heads up' to the mid to longer term trend (already being confirmed). See key targets for this index. Keep in mind the Dow Transportations index IS the BULLISH WILD CARD.
Also, tonight's update goes over a 'new technical view' in viewing the VIX (Volatility Index for the NYSE). 'Times' they are a changing.....and so possibly is the way traders/investors should be viewing the technicals of such indicators as the VIX.
Go to www.shepwave.com for the Regular Scheduled Update for Monday Morning.
Our prayers go out for the Texas Residents being affected by Hurricane Ike.
Tip of the recession iceberg
Economists say further weakness is lurking just out of sight, with the first glimpses likely visible in next week's data.
The U.S. bailout effor
Bush: Economy in peril
President uses TV speech to urge quick action, bipartisan support for $700 billion bailout plan.
FALLOUT| Subprime Today
Superpower no more?
American dominance likely to erode as global financial system becomes "more multi-polar," German minister says.
GENERAL ELECTRIC
Blue chip slashes 2008 profit view
Conglomerate takes full range of actions, including halting stock repurchases to retain AAA rating and lowering financials leverage, but management also vows to hold dividend steady through 2009.
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
U.S. MARKETS
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.
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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.
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Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA. |
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