ShepWave Critical Updates Published. Is a Bear Market Rally in Progress? OR just another 'head fake'?
by ShepWave.com
Posted: 3/5/2009 01:08 EST
Be careful assuming that the rally Wednesday is the beginning of a Bear Market Rally. Yes, we should see some very impressive Bear Market Rallies, while our Economic System in the United States continues to correct the 50 + Year Credit Bubble. ShepWave has shown clearly the current trend channels...notice the action Wednesday. Also shown are the clear Stop/Loss triggers for Cautious Shorts.
If you have been following along with ShepWave Trades you should have locked in a lot of profits, some of our current ETF positions are up 50% (these are not even Options Trades), so depending on your Trading Style and Risk Tolearnce you may be able to enter in to some riskier trades at this time. In tonight's ShepWave updates are the Trade Triggers and Targets.
Go to www.shepwave.com and Log In for Thursday's TWO Critical ShepWave Updates.
The Daily Show Click this link. Like ShepWave has been saying. The so-called 'Pundits' will usually get it wrong. This video is priceless.
Click here to read the ShepWave Update from August 21, 2008 when the Dow was at the 11,400 area.
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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