ShepWave Updates published for Monday. This is a very important week.
by ShepWave.com
Posted: 6/12/2011 17:36 EST
Additional Pre-Market / Intra Day Notes for Monday's Update.
Log In at www.shepwave.com for Monday's Update.
ShepWave has two swing trades still open after taking profits in many swing trades over the past 6 weeks. Both these posittions are well in the black. We will probably take profits at least in the Options trade and leave the Real Estate related trade open for a bit.
This is a very important week.
Log In at www.shepwave.com for Monday's Pre-Market / Intra Day ShepWave Update.
ShepWave has had requests to increase our Intra Day "Live Trading" reports. We will be doing this in the upcoming week. This week could see one of the biggest one week moves we have seen in the markets in a couple of years. We do not want our subscribers missing any big opportunities.
On April 27 ShepWave began opening some aggresive Short Side positions. Over the past few weeks subscribers have locked in some sizable profits.This past week ShepWave purchased a position in a Real Estate related ETF, and this position is up nicely. This is a potential 100% or more profit position
The Three Part Update for Monday is very important. In these updates ShepWave is showing the critical mid to longer term signals and triggers for the Major U.S. Equity Indexes as well as Crude Oil and SLV (ETF for Silver).
The Pre-Market / Intra Day ShepWave update for Monday will be published later this evening, need to watch the futures and over seas markets. In the Pre-Market Upates ShepWave is going to be showing short to mid term trading signals and targets, for both long side and short side positions. This should be a very profitable week for objective traders in the markets. Keep locking in profits!
Log In at www.shepwave.com for Monday's Regular Scheduled Update, Three Part Series.
The $60 Three Month and $99 Six Month Subscriptin specials are still running.
These special rates will go away for good eventually. If we get the expected move in the markets this week, these specials will end very shortly.
It was suggested that I post some of the recent trades. Subsccribers just Log In and cllick on Shep's Trade Log. No current positions are shwon below. ShepWave is open a few positions from last week. We will probably be taking profits in these positions soon.
| June 10, 2011 Sold SHORT the QQQ at $55.70 (June 8). COVERED this position on Friday, June 10, at a price of $54.70. BOUGHT QQQ Sept 55 PUTS at a price of $2.10/share (average)(June 8). SOLD this position on Friday, June 10, at a price of $2.45/share. Roughly a 15% profit in 2 days. |
| June 8, 2011 Sold SHORT the QQQ at $55.70 BOUGHT QQQ Sept 55 PUTS at a price of $2.10/share (average)
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| June 6, 2011 Closed the QQQ AUG 58 PUTS at a price of $2.80/share. Profit of $.72/share. (35% profit) |
| May 26, 2011 SOLD June 59 PUTS at a price of $2.50/share giving us a $.85/share profit. 51% profit. |
| May 23, 2011 ShepWave Covered the Short QQQ position (shorted at $57.80). We covered at $56.69 for a profit of $1.11 per share. |
| May 18, 2011 SOLD SHORT the QQQ at a price of $57.80 |
| May 17, 2011 Sold Short QQQ at $58.59 (on May 5.) .COVERED on May 17, 2011 at a price of $57.20 for a profit of $1.39/share. |
| May 5, 2011 Sold Short QQQ at $58.59. |
| April 27, 2011 BOUGHT the QQQQ PUTS for JUNE at a 59 Strike at a price of $1.65/share. |
| 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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