ShepWave Intra Day Update. Stock Market Technical Analysis. Elliott Wave Theory
by ShepWave.com
Posted: 9/29/2008 11:20 EST

Stocks floored
Dow chopped hundreds of points in biggest-ever point drop; S&P loses $700 billion as Wall Street reacts to failure of bailout legislation

Click on above article.  Too Funny.  Playing the 'blame game'.  While the rest of us are making money. This may be one reason why the Rich (and Smart) get Richer and the Poor (or stupid/those getting financial advice from so called 'pundits') get poorer. (comment from ShepWave Blog writer)

Some quick notes have been added to today's update.

Everything working as charts have been indicating.  ShepWave leaving current positions alone for now: BUT, cautious traders may want to take some profits off the table.  We have some nice profits currently in our QID, QQQQ (Short), and DIA/QQQQ Options plays.  Remember your own risk tolerance and 'style'; profit taking at times is not a bad idea.

When will the CURRENT BEARISH TREND Change? See ShepWave TARGETS.

When will today's gap down fill?  Is the market setting up for a BIG MOVE?  Remember the time to position for a Big Market Move is BEFORE it happens. 

Stay Objective, Do not feed in to the emotion of financial programs!!!

GO to www.shepwave.com for today's Intra Day ShepWave Update

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 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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