ShepWave. GOOG Trade Profit 113% in one week. QQQQ Signals for Tuesday or Wednesday.
by ShepWave.com
Posted: 5/1/2006 23:40 EST
The Options Trade we entered for GOOGLE (goog) last Monday closed up with a profit of $20.40. We paid $18.00 per share for the contracts. We closed out 1/2 of the position this morning for a profit of 74.4%. The other 1/2 now sits with a profit of 113%. Not bad for one week's work. One contract (100 shares) would have cost you $1800. Your profit (if all is open) is $2,040. That would pay for over 10 years of Subscribing to ShepWave. We will be closing this position out completely tomorrow. See Charts in today's update to see why. We got our piece of the "PIE".
I am publishing tonight's update to show the triggered trade signals for the Dow Industrials and the S&P 500 indexes. The Nasdaq has already given the trading signal. But they are confirmed in tonight's update. I give targets for all the indexes tonight. The Charts of the S&P 500 index show reasons to be cautious on the LONG or SHORT sides of the Market. No confirmation either way. We show what we are looking for tonight.
We will be looking to open some July Options for the QQQQ on Tuesday or Wednesday. See tonight's update of potential direction and Entry.. Daily Trading signal was issued today.
I happened to walk by a television and CNBC was on today. I over heard one of the staff talking about the 'X' factor. They will find any thing to the 'pin' action on. 'Nuf Said.
Anyway,
Go to www.shepwave.com for today's update.
Shep
Click on link below to Join CLUB EWI for FREE.
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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