ShepWaave Pre-Market /Intra Day Update for Monday Published. DOW 7,000? OR Dow 9,000? Stock Market Technical Analysis. Elliott Wave Theory.
by ShepWave.com
Posted: 10/27/2008 00:20 EST
Read through today's Intra Day Notes: Notice the short to mid term TREND line held.
I wasn't watching any Financial Television today...., bet that was humorous to watch.
Go to http://www.shepwave.com/ for Today's Intra Day Update. TARGETS,, TARGETS... Trading Strategies, oh yeah, more targets.
Additional Pre-Market Notes Published at 8:30 AM.
ShepWave has published some additional pre-market notes this morning. Futures are dow a bit as of 8:30 AM. Read this morning's Notes and Charts Closely. ShepWave will Lock In More Profits in at least ONE Position This Morning.
Go to www.shepwave.com for this pre-market additional notes.
ShepWave can't emphasize enough the importance of the critical 'Technical' occurence last week in Crude Oil as shown in Monday's Regular Scheduled Update. This could reinforce the mid to longer term trend in Stocks.
In tonight's Pre-Market / Intra Day ShepWave Update for Monday we show more short term key Fibonacci Targets and stop/loss for traders positioned for the short to mid term MOVE.
Where is the Dow Headed? 7,000? ... 5,000?? OR will it rally back to 'say' 9,000? Do long term investors have much of a chance to see Dow 10,000 in 'their' lifetime?
Go to www.shepwave.com for the Pre - Market / Intra Day ShepWave Update for Monday.
Click the Links below for a Sampling of ShepWave Updates Published over that past year for Mid to Long Term Traders.
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.
MARK HULBERT Panic doesn't mean we've hit the bottom |
Absence of the psychological characteristics of capitulation means we likely haven't seen the low yet. |
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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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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