ShepWave Thursday Updates have been Published.
by ShepWave.com
Posted: 12/22/2010 22:28 EST
The rally continues. Is this a time to be adding to long side positions or to be taking some profits. Remember that this is a wave 2 rally with wave 1 ending at the lows of 2009. As of now there is no reason to believe that new all time highs will be hit. Of course there are still those thinking the Nasdaq is headed to 10,000.
Log In at www.shepwave.com for Thursday's ShepWave Updates.
| 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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