ShepWave
ShepWave.com Profits are UP... All positions in BLACK.. Looking for more gain
by ShepWave.com
Posted: 5/30/2006 14:21 EST
Just a quick note to say ShepWave current positions are currently doing very well. We have some nice gains with today's market action. We are looking for much more potential profits in current positions. ShepWave current positions are Mid Term trades (also longer term entries for those not so active in the markets).
Our current Options positions for QQQQ, DIA and BAC are in the black. We are looking for a minimum of 200% profit for our current Options trade in QQQQ. Core Positions are in the black. DIA core position is up over 3 points (equal to a 300 point move in the Dow Indu) QQQQ core position is up over $2.30 this is after taking profits of 1/2 the position last month for a Realized Profit of $1.84 on May 12.
Bottom Line: The preferred Elliott Wave Theory counts being used by ShepWave at this time seem to be unfolding beautifully. We look forward to making money both on the SHORT side and LONG side of the Market.
Don't forget to sign up for CLUB EWI.. This is a free service and is very informative especially in addition to our analysis.
Click image below to sign up for CLUB EWI for FREE.
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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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