ShepWave Update Published 60%+ Profit for QQQQ Options trade this week.
by ShepWave.com
Posted: 5/18/2006 16:36 EST
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Our QQQQ Options trade is up over 60% just this week alone. We will let this one ride a bit.
As mentioned in the email to everyone on email list. ShepWave entered some PUTS for BAC (Bank of America) for August. We paid $1.10 per share for these Contracts. Our Strike price is $47.50. The profits expected from this trade alone should pay for several years of ShepWave Subscriptions. I try to give one trade to everyone on the list once in a while Whether they subscribe or not.
ALL positions are well in the BLACK at the current time.
In today''s update I will show charts for the indexes and BAC.
Next week should provide a continuation of the ''no brainer'' trading opportunities. For the short term anyway. After that it could get tricky. We will show analysis for potential rallies to profit from any direction the markets decide to go.
Still watching CNBC for your Trading/Investing Advice?
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1123....10/28/2006...
| 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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