ShepWave
ShepWave Thursday Update Published early. Enjoy the Profits.
by ShepWave.com
Posted: 6/28/2006 02:37 EST
Potential 1,000 point move for the Dow Industrials from today's close may happen sooner than you think. Stay positioned to profit from this potential move.
Where is the BOTTOM? Have we seen the BOTTOM? TIME TO BUY YET?
Current ShepWave Positions are doing very well. I have given targets for the indexes and current trades in tonight's update. Is everyone getting set for a .50 point fed rate increase? Is the VIX indicating that the 'down move' has only begun?
ShepWave has not had a losing trade in some time. I just want to remind everyone to 'STAY OBJECTIVE" and level headed at all times. Trading/investing is kind of like Golf. IT has a way of making one humble. My point is that ,, yes, we have been nailing the markets lately. There 'will' come a time that the markets will make an unexpected move.. (or maybe not). The main thing to remember is to NOT get excited. Stay calm at all times. NEVER think that 'we' have figured out the markets and will never lose a trade. That is why ShepWave stresses trade management. NEVER.. put more in a trade that you can afford to LOSE.
Remember this opportunity is given to us by our 'creator'. Always give back in life where ever your heart feels appropriate. Family comes first in my book. I owe a great debt to my family. I only pray that one day I am able to show them how much they mean to me.
I pray that 'we' stay humbled and give thanks to the 'one' who is really responsible.
I don't mean to turn anyone off by talking about the 'spiritual' aspect of trading.. but,, it is a part of life.. therefore it is spiritual. I don't rant .like this often. But, I felt that now was an appropriate time. I receive emails from grateful subscribers. I just want to keep everything in perspective.
Enjoy the Profits.
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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