ShepWave Pre-Market / Intra Day Update for Tuesday Published.
by ShepWave.com
Posted: 11/24/2008 16:58 EST
As mentioned in the Pre-Market Update ShepWave has entered in to new positions this morning. Go to http://www.shepwave.com/ for today's Trade Details.
Busy day in the markets Monday. ShepWave took some more profits off the table. Both on the SHORT and LONG Side. Is it safe to hold Long Side Positions open overnight yet? Notice the Dow Industrials Index had a high Monday that Nailed the mid term trend line.
For Targets, Triggers, Further Confirmation Signals and possible trading strategies for the current market go to www.shepwave.com for the Pre-Market / Intra Day Update for Tuesday.
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.
Worried about a depression? How about a 100-year bear market
The lnk above is an interesting article.
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 |
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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)
• 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/
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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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