ShepWave Pre-Market / Intra Day Update for Friday Published.
by ShepWave.com
Posted: 1/29/2010 02:42 EST
Markets don't go straight down...or do they? It seems that since we saw the critical follow through the other day that the markets are having a hard time holding up. The critical mid to longer term trend signals have been occurring nicely.
Keep in mind the patterns and potential Elliott Wave Counts as shown recently. The upside triggers and targets could be handy for short term traders. But, be careful.
Log In at www.shepwave.com for Friday's Pre-market ShepWave Update.
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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