ShepWave
ShepWave Intra Day Update.. No rally Today? OH Well. ShepWave Letting Profits Run.
by ShepWave.com
Posted: 2/23/2009 13:07 EST
Today's rally was a short lived event...this should be no surprise. But, even the initial quick aggressive upside targets weren't hit, again strengthening the mid to longer term trend. Keep an eye on the Trend Channels/lines as shown in recent updates; also keep a close eye on the Profit Taking Perameters we have set using not only the Fibonacci Extension/Retracement marks for the Indexes but also the marks set using the VIX and the BPNYA.
Many of us are sitting on some pretty sizable gains for this recent move in the markets; over 30% profits in a key ETF play recently entered. Please take into consideration your own trading style and risk tolerance in regards to possibly taking some profits off the table.
Go to www.shepwave.com and Log In for today's Intra Day ShepWave Update.
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.
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. |
41
|
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.
|
