ShepWave Monday Updates Published.
by ShepWave.com
Posted: 12/14/2009 02:18 EST
The Regular Scheduled and Pre-Market ShepWave Updates for Monday have been published. The repeated patterns in the Equity indexes of gapping up and gapping down are showing some important patterns. This could be indicative of a key top coming. However, be careful in calling the top too soon as we have been seeing. There are some converging trend lines which could be critical in giving triggers. Watch these areas.
Also, in the Regular Scheduled Update for Monday ShepWave shows some key technicals in Gold and in the Semiconductor index.
Click here to read the ShepWave Update from August 21, 2008 when the Dow was at the 11,400 area.
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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.”
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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