ShepWave Intra Day Update Published. More Profits taken off the table at ShepWave.
by ShepWave.com
Posted: 3/2/2009 12:38 EST
March 2 2009
EST
10 stocks deserve the blame
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ShepWave Comment on above article:
Actually did not read the article above. The headlines say it all. The current market action wasn't that hard to predict. But, the average Financial Pundit/Analyst will continue trying to find Blame instead of concentrating on making profits.
Bottom Line: Stocks go UP and Stocks go DOWN. Use Objective Disciplined Technical tools and analysis to profit from any market move.
Any one who misses a 50% market move... well, they just should have at the least seen the potential for this move. Read ShepWave Archived Updates below. 2008 was the most profitable year ever for ShepWave. 2009 should be a good year as well; markets could be volatile all year, with some 20%+ Upside moves as well as the Bear Market Moves.
Go to http://www.shepwave.com/ and Log In for today's Market Analysis.
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 read the ShepWave Update from August 21 when the Dow was at the 11,400 area.
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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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