ShepWave Pre-Market / Intra Day Update for Friday Published.
by ShepWave.com
Posted: 3/5/2009 23:20 EST

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Please keep in mind that the main objective of ShepWave is to Teach Disciplined, Objective Trading/Investing methods.  If you have been following along with ShepWave trades you should be well in the Profit Zone.  Of course a 50%+ move...I certainly hope you made some money;at least over the last couple of years.   But, no one is right all the time that is why we stress the Educational Value of ShepWave rather than just using it as a 'Black Box' trading system.   Every Trader/Investor has his own Trading Style and Risk Tolerance Level. The idea is to use the Tools of Objective Technical Analysis and in an 'unemotional', disciplined manner apply these tools to your trading

Tonight's ShepWave Update shows that the Indexes have entered in to our Ideal Initial Target range.  The targets we issued weeks or months ago are just that 'Targets'...not Guarantees.   Just as in November the Markets broke below our ideal targets we traded accordingly and ended up making as much as 660% PROFIT on some options plays.  That may not be the case now... but even still: the most important aspect of trading objectively is to keep the bigger picture in mind and watch and wait for the proper signals.

Go to www.shepwave.com and Log In for Friday's Pre-Market / Intra Day ShepWave Update.

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, 2008 The Last week the Dow Industrials Index saw 13,000.

Click here to read the ShepWave Update from August 21, 2008 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.