ShepWave Update for Monday Published. Gold, Crude and U.S. Equities ...where are they headed? Gold have a new high coming?
by ShepWave.com
Posted: 2/1/2009 14:56 EST

1. Bad bank debate may help stocks cast off chill; jobs, autos loom
2. Where the bargains are among beaten-down growth stocks

The Above Two articles from MarketWatch.com are interesting.  I would not go as far as to say that they are informative however.  Be careful counting on any bailout plan to help the U.S. Equity markets. 

Also, for months now we have read articles like the 2nd one above and have heard the supposed pundits on Television touting stocks saying they are at 'bargain' prices.  Remember the lowest a stock 'can' go is to $0.00.  So, be careful, stay objective and be sure to use disciplined trading/investing methods.

Monday's ShepWave Update has been published.  Covered in this update are some key trigger and trend lines to keep in mind for GOLD (GLD) and Crude Oil traders.  Also, we may be dealing with a 'couple' different Elliott Wave Theory wave count possibilities as to the next lower targets for Equities.... markets should start heating up again soon.  How low will equities go?  Will the DOW Industrials Index hit the upper 6,000 mark in the next few weeks?  If it does will that be a 'botttom'.... Careful.

Go to www.shepwave.com for the Regular Scheduled ShepWave Update for Monday.

30%+ move coming in the U.S. Equity Indexes?  

Remember there will always be 'buying' opportunities; but the trick is knowing when to SELL. The days of 'Buy and Hold' may be gone for some time.

2008 was the 'year of confusion'.  2009 could be the 'year of suffering' for the undisciplined, unobjective investor/trader.  Remember, we can't 'fix' the current economic problem.  While the 'Financial Pundits' are all trying to figure out how to fix the problem our objective is to find the trading range, up or down, and profit from it; taking our piece of the pie.  We as traders/investors can't change the economic situation in this country but there is absolutely no reason not to profit from any market move. 

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.

Bernanke says no recovery without more bank aid  This is funny.  When will it end?

DAVID CALLAWAY
Bear rally over; now the dying begins
Everybody should have known the holidays would only delay it. The freight train of job cuts, plunging earnings and spending cutbacks was pushed back a few weeks.

PAUL B. FARRELL Making money the lazy way After their eight Lazy Portfolios beat the S&P 500 by 3 to 18 points in 2008, the creators expect even better results in 2009, holding the same assets that got them through this difficult year.   ShepWave Comment on above article:  It is amazing that some investors/traders are happy with just not losing money.  When the markets make a 40-50% move and a trader doesn't make money... something is wrong in my opinion; especially when the technicals over the past year were clear and decisive.  Happy New Year.... let's hope these investors get some help for 2009; or maybe not.  Lazy Investors/Traders will probably remain Lazy.  Although PAIN is sometimes a great motivator.  LOL

Who isn't a Bernard Madoff victim? The list is telling. - De...

Don't be a Madoff Victim.  OR a victim of Madoff 'like' scams which are all over Wallstreet.  Most of the so called Financial Pundits one sees constantly bickering and arguing on the TV trying to figure out the 'fix' to the current situation will be sittting directly behind the eight ball when the markets make their next move.  Remember to stay objective and disciplined in your trading/investing decisions.  The rich (and the smart) will get richer; while the poor (or those who are undisciplined) will get poorer. 

Shep

Below are today's headlines.  Merry Christmas I guess.  But, remember we will make money regardless of what the economy does.

December 23 2008 1:40 P.M. EST

A midday turn for the worse

U.S. indexes forfeit narrow gains as investors look toward holiday break — but not before digesting a full plate of economic data. • Santa Claus trades in sleigh for Chevy, reports Peter Cardillo   HOUSING AND HOME LOANS A 17-year low Sales of newly constructed U.S. housing fall 2.9% in November. Resales slammed Existing-home sales plunge 8.6%; price slide is steepest ever. • Housing hobbles on (First Take)

'The Fed will employ all available tools to promote the resumption of sustainable economic growth.'

— Federal Reserve

Now there's a quote for ya.  Ok, so they keep shooting and what happens?....if nothing happens?....

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.

 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/

---

 

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,

 

 

---

 

ShepWave provides the Services listed below for Less than $20/Month

 

Short, Mid and Long term Trading Analysis with Trade Entry Signals, Strategies, and Targets

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.

QQQQ Options.

Trading Stock Options.

Dow Industrials, S&P 500, Nasdaq Indexes, QQQQ, DIA and Selected Stocks Analysis

Email Notification of reports and trades if desired

 

 

---

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 Technical Analysis.  Elliott Wave Theory

---

	Get 5 Free Chapters From Bob Prechter's New York Times Bestseller Protect yourself from the financial crisis! Get 5 free chapters from Bob Prechter's New York Times bestseller, Conquer the Crash. You'll learn what do with a pension, how to find a safe haven, what to do if you run a business, and more! Download the 15-page report, free.
	FREE Report: Inflation Vs. Deflation If inflation is a quiet thief, then deflation is an armed burglar. You wouldn't invite either into your home, yet chances are that one of the two is stealing your money right now. The first step toward protecting your wealth is to understand which threat is most likely to arise today: deflation or inflation? Take that important money-saving step right now.
	Get Bob Prechter's 10-Page Market Letter, FREE! Don't be fooled by the government! Get this free, 10-page market letter from Wall Street legend and best-selling author Robert Prechter. It reveals 28 answers to questions about the current market turmoil that you might not even know to ask!
	Free Report: Discover the Top 100 Safest U.S. Banks The latest headlines on big name bank bailouts serve as reminders of just how unsafe your bank may be. This FREE report, Discover the Top 100 Safest U.S. Banks, is a must-read in these volatile market conditions. You'll learn how to find a safe bank, why the FDIC can't really guarantee your money, tips on international safe banking, and more!
	How to Use Bar Patterns to Spot Trade Setups Don't miss out on trading opportunities that could be staring you right in the face! See charts in a whole new way by learning to spot trading opportunities through bar patterns. This free report features 13 instructional charts with simple explanations.