ShepWave Intra Day Update. Took 70% and 81% profits in some ETF Positions this morning.
by ShepWave.com
Posted: 3/6/2009 11:03 EST
ShepWave Intra Day Update Published. ShepWave has taken some more profits off the table this morning; Locking in 81% and 70% Profits in two ETF Positions. These were not Options Plays. More Profit Taking NEXT WEEK.
Be careful trying to buy this market looking for a long side trade. Yes, definitely there will be some nice Bear Market Rallies... but be patient and wait for the signals. See ShepWave Updates for these signals and Upside Targets.
Go to www.shepwave.com and Log In to see trade details. Is there a rally coming SOON? And if there is how high will this next Bear Market Rally Go?
If you haven't seen the bit on CNBC shown on the Comedy Show Click the following link: Click Here for Daily Show This has to be one of the funniest (and true) things I have watched in a long time.
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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