ShepWave Took more profits today. 137 % Profits in a JPM Options Play. Stock Market Technical Analysis. Elliott Wave Theory.
by ShepWave.com
Posted: 10/28/2008 12:07 EST
Read the ShepWave Intra Day Update for potential BUY SIGNALS and SELL CONTINUATION Signals, areas. Remember, in any market there are always 'short term' Technicals' for BOTH LONG and SHORT Side Trades. Note the trend lines as drawn in the premarket charts and the terminating areas of today's move. You can't make this stuff up.
ShepWave has made some changes to our recent positions.
We took 137% PROFIT in an JPM (J P Morgan) Options Play this morning.
Go to www.shepwave.com for today's 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 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 |
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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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Stock Market Technical Analysis. Elliott Wave Theory
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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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