ShepWave Pre-Market / Intra Day Update for Friday. Is the Trend now BULLISH?
by ShepWave.com
Posted: 11/13/2008 23:57 EST
There is no denying it; that was an impressive move Thursday. This market is extremely volatilie and we must stay objective at all times to NOT be on the wrong side of it. Was the purpose of Thursday's rally to force out 'weak shorts' and 'suck' longs in to the market? OR is the trend now BULLISH?
See possible trading strategies including our recently introduced 'VIX' New Methodology. Targets shown.
ShepWave took 156% profits Thursday in a recently opened QQQQ Options play. The idea is to find the potential range of the market and to take out 'our' piece of the pie. Greed usually leads to losses.
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 read the ShepWave Update from August 21 when the Dow was at the 11,400 area.
Cllick the link above for an interesting article. So, if retail returns to the 70's will the Stock market? Most financial pundits missed the 40+% stock market move of the past year. They continually say that the market always goes up. ShepWave suggests extreme caution. We have shown some very critical technical 'facts' which have occured recently which could dictate future market action. Don't miss one of the biggest trading/investing(??) opportunities of a life time.
| 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)
• 18th bank fails: Houston's Franklin Bank (who's next?)
• Jobless rate jumps to 14-year high of 6.5%
For trading strategies, Trade Signals, Triggers, Targets, Charting and Elliott Wave Theory Analysis go to http://www.shepwave.com/
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
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
1141
| 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. |
|
| About my BLOG |
|
|||||||||
| Su | Mo | Tu | We | Th | Fr | Sa | |||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | |||
| 8 | 9 | 10 | 11 | 12 | 13 | 14 | |||
| 15 | 16 | 17 | 18 | 19 | 20 | 21 | |||
| 22 | 23 | 24 | 25 | 26 | 27 | 28 | |||
| 29 | 30 | 31 | |||||||
|
Post back your comments What do you think of this blog entry? Post back your comments and let us know.
|
