ShepWave's BLOG

ShepWave

ShepWave.. Update Published. 1,500 point move in the Dow by end of Summer?
by ShepWave.com
Posted: 6/23/2006 03:22 EST

I have published tonight's update to show the potential mid to longer term view currently held by ShepWave.com A potential 1,500 point move for the Dow Industrials from Thursday's close could occur by August. A potentially bigger move by October-January time window. ShepWave has entered core positions to prepare for this move. We have taken some profits from these core positions several times over the past couple months closing 1/2 of the position then re-entering the 1/2 position at a better price. In tonight's update I show mid-longer term targets.

We will continue to stay positioned to profit from the mid to longer term trend. We also will identify some short term trades both on Long and Short side along the way.

Click here to read today's ShepWave.com Update.

NOTE: I had a subscriber send me an email about wanting to PRINT the updates. Just print the update to Adobe.. then print it from the Adobe format.

Don't forget to sign up for Club EWI. IT is free. Click image below to join 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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