25% profit over night for our GOOG options postiion
by ShepWave.com
Posted: 4/25/2006 14:03 EST
Our JUNE OPTIONS position that was entered yesterday is up over 25% today. Not a bad profit for one day. WE are actually looking for at least 100% profit on this trade. This should pay for ShepWave subscription for the most of the rest of your life.
The indexes are at a crucial position currently. Key Fibonacci areas getting hit all over the charts.
Is the HIGH for the indexes in? Or does the market have 'one' more pop left in it? Today's update shows what action will confirm either possibility. LOCK IN PROFITS for short term QQQQ Trade? A trailing stop/loss would be a good idea. Always lock in profits!.
for today's update go to http://www.shepwave.com/
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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