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ShepWave Pre-Market / Intra Day Update for Friday.
by ShepWave.com
Posted: 11/12/2009 20:43 EST

This week has shown some interesting chart patterns. It is imperative to keep in mind that even Secular Bear Markets can have rallies that go on for a while. The top which the markets are in the process of completing could be a key top indicating that the markets are in territories they may not see for quite some time. The most important technical aspect of trading for now is the short term patterns. The past few days/weeks have shown new key areas to watch for as far as Triggers and Targets.

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

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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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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.

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America's soul is lost, collapse inevitable

The link above is an interesting article. The fact is that we have a current administration that openly admits to believe (and has incorporated) the theories proposed by John Maynard Keynes are a viable way to help the economy.

May we all be reminded of Keynes' own words:

When asked about the long-term effects of his theory his answer was, �In the long term we are all dead.�

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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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