ShepWave
ShepWave RISK in Current Markets.
by ShepWave.com
Posted: 5/16/2006 00:31 EST
I was lying in bed and it occurred to me that maybe I should have NOT put the potential targets for a wave 2 bounce in the email that went to Non-Subscribers. Doing that without shwoing trading entry disciplines and strategies to protect the position was wreckless of me.
If you are on this email list and are not currently subscribing to ShepWave.com PLEASE be careful trying to BUY the indexes. Use disciplined trading techniques. By the way. ShepWave is NOT going to take part in the possible down/up tick over the next few days We are setting up for a larger trend trading pattern that should bring much more in profits. We have closed out 1/2 of a position in the QQQQ with some nice profits. We have also had several OPTIONS trades that have NET a profit of 100% or more just in the last few weeks . Options Trading is very risky. But, if approached properly the gains can be very handsome.
I do like to show some analysis from time to time in the emails and BLOGS. The goal at ShepWave is to provide Objective Technical Analysis to everyone. We will try to keep our subscription price low so to be affordable to the most reluctant trader/investor.
Bottom Line: The markets are most likely presenting us with one of the most potentially profitable trends that has been seen in a long time. Unfortunately it will not all be UP. A lot of the trading opportunities will be to the downside. This is according to our analysis of course.
Best of luck to everyone in their trading and investments.
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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