ShepWave Pre-Market / Intra Day Update for Friday Published. Stocks ready for their next leg down?
by ShepWave.com
Posted: 12/11/2008 20:06 EST

Additional Pre-Market Notes posted at 3:09 AM ET

The Dow Futures are down about 300 points. If you read the Pre-market update published Thursday Evening you had an idea of the possible Strategy for the morning.  Additional notes have been added to Friday's Pre-Market Update concerning Profit Taking in the morning, and whether or not we will see a bounce for the DOW to the 9600 mark.

Remember, Bear markets can move very fast.  There are many Profit Making Opportunities, but be nimble and ready.

Go to www.shepwave.com for the Additional Pre-Market / Intra Day Notes for Friday.

The Dow Industrials lost almost 200 points Thursday.  As of now the Dow Futures are down almost another 200 points.  Is the beginnning of the 'next leg down' for Equities?  Or is the short term trend still showing buying opportunities? Time to take profits in Short side positions?

 Will the markets see an 'exhaustion gap down' signalling the end of any current short term buying opportunities?

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

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.

WEEKEND INVESTOR
No time to lose
If you were expecting your target-date retirement funds to keep your nest egg safe, you’ve been off target this year.

(not if you are following the 'crowd' anyway)

 Is the bear market over?  OR is it just beginning? Stay Objective and keep making money in this market; that is the key.  ShepWave has had its most profitable year ever trading over the past year. And, things may just now be 'heating' up.

Baby boomers face three new risks over the next 20 years: Report First risk was listening to the General Media or TV Financial Pundits for Investing Advice.(LOL)

Worried about a depression? How about a 100-year bear market

The link above is an interesting article. 

Retail returns to the 1970s

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.

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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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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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.

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