ShepWave
ShepWave Additional Pre-Market / Notes for Friday's Trading Day. PROFITS,,,and More PROFITS!
by ShepWave.com
Posted: 2/27/2009 08:48 EST
The GDP coming in lower then even expected has the futures coming down a bit. S&P Futures down 2.2%, NDX Futures down about 1.7%...Who is the guy on TV who likes to 'ring the cash register'; I never can remember his name?
We are set up to see new multiyear lows. Keep in mind our key mid term targets. We took some nice profits in some Short Side Positions (Inverse ETFs) earlier this week. Is it time to exit 'all' Short Side Positions OR are the indexes headed to even lower multi-year lows?
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
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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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