ShepWave Update Published. Profits, Profits and MORE PROFITS. Gotta love this market. Key SHORT TERM Fibonacci Targets shown in tonight's update.
by ShepWave.com
Posted: 10/24/2008 00:06 EST

ShepWave Took some more profits off the table Friday morning.

$5.40 in profits for QQQQ Related trade. This was not an options play.

Another QQQQ related trade we took profit of $33.05/share or 61% profit.  This was NOT an Options Play.

Also took  54% Profit in a QQQQ Options Play.

Go to http://www.shepwave.com/ for today's Intra Day Update and to view exact details of trades and 'which' positions we are leaving open.

Tonight's ShepWave Update shows some critical Fibonacci Targets based on the Short Term Wave Action.  So far (for the past year or longer) all upward retracements have been hitting the suspected target areas.  The Ideal target shown in tonight's Update for the QQQQ (In particular) is a very possible target. 

Our current positions are up nicely and with this potential target we should be able to tack on even more profits once again very soon.  What a year the past year has been. 

This past year has been a great year for knowledgable, objective, 'Technical' Traders.  We could just be 'warming' up.

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

  Click the Links below for a Sampling of ShepWave Updates Published over that past year for Mid to Long Term Traders.

Click Here to View the ShepWave Published Report from October 11,2007.  When the Dow Industrials Index was still over 14,000.

Click here to read the ShepWave Update from May 26,  The Last week the Dow Industrials Index saw 13,000.

Click here to read the ShepWave Update from August 21 when the Dow was at the 11,400 area.

The real tragedy of this financial crisis is that people will die

Click on the link above for an interesting article.  All ShepWave has to say is that anyone who didn't see this coming was living in a 'fantasy land'; probably watching too much Financial Television Programing. One must remember how the Television Programs get paid to understand why they 'can't' tell the whole truth and will always try to 'paint a rosy picture'.  Been a great last year making profits.  The market volatility should continue and even increase.  There will be some major buying opportunities SOON. BUT, be careful trying to buy in too soon.

ShepWave Note:  No Kidding.  I always like to read what these 'financial analysts' (and I use the term loosely) were saying when the markets were at their highs.  (LOL)

For trading strategies, Trade Signals, Triggers, Targets, Charting and Elliott Wave Theory Analysis go to http://www.shepwave.com/

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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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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.

 

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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

 

 

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