ShepWave
ShepWave Taking profits of 100%+ for Options in QQQQ This Morning.
by ShepWave.com
Posted: 5/12/2006 09:22 EST
Taking 100%+ PROFIT for our QQQQ OPTIONS TRADE.
Also Exiting 1/2 of QQQQ position with an approximate profit of $1.50 in about a week.
Keeping JULY OPTIONS for the DIA open.
ShepWave is Taking profits on our OPTIONS TRADE for the QQQQ and QQQQ core position when market opens. This would be good for cautious traders. Cautious traders may want to close out 1/2 of current positions to help lock in profits and add to the positions later.
See this morning's update for today's trading strategies. I also showed some aggressive trade opportunities in last night's update. Key charting shown for the S&P 500 index that can confirm direction for the other indexes.
Shep
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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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