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ShepWave Pre-market / Intra Day Update for Tuesday Published.
by ShepWave.com
Posted: 11/30/2009 22:21 EST

10:30

Intra Day Update Published. New Positions Entered this morning. Log In at http://www.shepwave.com/ for today's Update and Trade Details.

The short term action, while not showing any clear direction yet, is giving some good trigger areas to watch for to confirm the short term trend. These triggers also may be an indication as to whether or not the Wave 2 (B alt) rally is over or not.

As most are expecting, once this rally is over a quick reversal would not be a surprise. Just be careful calling a top too early. Watch for triggers.

Log In at www.shepwave.com for Tuesday'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.

ShepWave provides the Services listed below for Less than $20/Month

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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Get all of Jim Marten's intraday and end-of-day Forex forecasts FREE through May 20. Access EWI's FreeWeek.

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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