ShepWave
ShepWave.com
ShepWave.com
Elliott Wave Theory stock market technical analysis. Major U.S. Indexes.
Specializing in QQQ and the DIA analysis and trading. QQQ and DIA Options trading.
ShepWave's BLOG

ShepWave

ShepWave.. Trade Entered.. Looking for a 200% minimum Profit.. GOOG OPTIONS
by ShepWave.com
Posted: 7/17/2006 11:17 EST

 

Per this weekend's update ShepWave has taken the Option position in GOOG (Google) as described.  We purchased the Option Contracts at a better price than our target. 
 
Go to www.shepwave.com .. once LOGGED IN.. click on SHEP's TRADING LOG.. for exact side, strike, expiration and price paid.
 
We are looking for a 200% profit in this trade.. possibly in the next two to three weeks.  This trade has a potential to make 400% or more.
 
Keep in mind that ShepWave is still open 1/2 of our Core Position in the QQQQ. (closed out 1/2 position for profits last week).  AND, open the FULL Core Position in the DIA.  Still Profitable by $3.50.. (equal to a 350 point move in the Dow).. This is after taking profits several times for our core positions in the QQQQ and DIA over the past few months.
 
Refer to Part 1 update from this weekend for action on the S&P 500, Dow Industrials, and Nasdaq 100 index to confirm our positions and the future direction of the U.S. Markets.
 
ALSO: we have just posted a potential Options trading opportunity for the QQQQ.... Log in read the Part 2 of this past weekend's update for trade information.
 
For a sampling of our trades click the below links:
 
Click here for trades
 
And Click here for more trades..
 
Subscribers can view all trades taken this year by clicking on  Shep's Trading Log.  Also Subscribers can browse through over 100 Updates to see  how ShepWave calls the market.  Our analysis and updates speak for themselves.
 
Thank you all for your support.  Keep the profits coming.  Protect your families.... and PRAY for PEACE.
 
Shep
 
 
 
Monday''s reports are published. We are looking for trade position entries for Monday Morning. .... GOOG, QQQQ, and possibly DIA. and BAC trading opportunities Monday.

ShepWave is extending our bonus time offer.

Sign up for 3 mos ($60) receive an extra one week.

Sign up for 6 mos ($100) receive an extra two weeks.

This Offer will expire at Mid Night on Wednesday, July 19. (eastern U.S. Time)

Time purchased wil be automatically be added to subscription. I will manually enter the Bonus Time.

We had a great response to the bonus offer we had on Monday.

Thank you.

Go to www.shepwave.com for updates and analysis.


===================================================

Click here to see trades from past few weeks.

Have the indexes sold off enough..Will we get a bounce this week?  Google has a potential 100 point move coming.  ShepWave will be looking to enter a GOOG (Google) options trade first thing Monday.  See today's update for Side, Expiration Month, Strike price and the price we will be looking for to enter this trade.  Potential 500% profit... this could be a good one.  We recently had a 100% profit trade in Google.  This one potentially has an even better set up.
 
Where is support for the indexes? 

See Monday's Updates for Targets and trading strategies. 
 
 I have published Part 2 of the regular scheduled update for Monday.  The S&P 500 index is showing some critical technical patterns.  We have not seen this in years.  I show in today's update the significance of the longer term chart patterns and how they may affect the marekets this next week.  Subscribers who have been with ShepWave for a while know that we look to the S&P 500 index to confirm our trades for the other indexes or individual stocks.
 
Click here to read the regular scheduled ShepWave update for Monday.  Two Parts (so far, maybe more coming.)
 
Special report covering trades submitted by ShepWave subscribers.. TNT, GOOG, BZH, and SNDK.  I plan on putting in a message board eventually for our subscribers only.  ShepWave is proud to say that our subscribers are very knowledgeable and successful traders
 

 
Elliott Wave International
Market Watch Prechter
A Ghost I Haven't Seen For a While...  7/6/2006 5:43:26 PM  " Historically, two things have always been true about the world's estimated oil reserves: 1) The experts chronically underestimate the size of those reserves, and, 2) The actual size of the world's proven oil reserves has increased every year for as long as records have been kept....Read More Fed Watchers, Beware Your Beliefs  7/6/2006 6:27:00 PM  " People think that the Fed 'managed' the economy brilliantly in the 1980s and 1990s. But the deep flaws in the Fed's manipulation of the banking system to induce and facilitate the extension of credit will bear bitter fruit in the next depression.Read More
Forex Focus
Futures Focus
Why DIDN'T the Dollar Rally Today?   7/6/2006 12:42:38 PM  " If last week's main event was the Fed's decision to raise U.S. interest rates for the 17th consecutive time, this weeks 'main attraction' has to be the meeting by the Fed's counterpart, the European Central Bank, about the same issue. Well, the ECB did meet today -- and left the rates unchanged.~OK, let's do some basic fundamental analysis now. The Fed raised the U.S. rates to 5.25% last week. The ECB kept theirs at 2.75% today. The U.S. rates remain almost twice as high as in Europe, giving the USD a clear interest rate advantage. You would think that in this situation, the USD would soar, right? Nope... Read on.~Read More The Perfect Storm In O.J.  7/6/2006 12:17:23 PM  " If you want to know about hurricanes, read the mainstream financial news stories on orange juice. If you want to know where OJ prices are headed in the days to come, read Daily Futures Junctures....Read More
Global Wrap
European Market Watch
Global Markets Ready for World Cup   6/5/2006 2:27:51 PM  " World Cup football is here, with the opening matches of FIFA's Germany 2006 scheduled for Friday, June 9. Keeping track of all of the teams and the matches is a gargantuan task -- much like the task any investor faces when trying to track financial markets around the world.~Read More Europe: 'Sell in May...' or 'Summer Rally'?   7/3/2006 9:11:23 AM  " They don't just say, 'Sell in May and go away...' for nothing. May and June are never the friendliest time for stocks -- but this year, they've been particularly harsh. In all fairness, though, the recent declines weren't completely unexpected. Many European analysts went on record calling for a 10% correction -- sooner rather than later. And how could you not? European indexes haven't had a decent correction in over three years, so the recent 'hiccups' could be just that.~It's precisely this 'normalcy' to the declines that makes it tempting to call them 'just a correction.' And then go ahead and load up on 'cheap' European stocks... But as Tom Denham, editor of our European Financial Forecast Service, warns: 'The current juncture is a difficult one. Buying European stocks now would be a little like trying to catch a falling knife. You might succeed, but there is a good chance of being cut.' How do you avoid getting 'cut'? Know what the larger trend is. And the just published, July European Financial Forecast tells you just that... Read on.~NEW! NEW! NEW! Our European Financial Forecast Service (EFFS) now tells you about Special Global Opportunities -- three times a week!~The latest updates include forecasts for the Singapore Straits Times Index and the India Sensex Index. See The European Short Term Update for details (ESTU; part of the EFFS). You'll find Special Opportunities reviewed earlier in the Archives section of the ESTU.Read More
The Independent Investor Crash Course was a huge success: Over 25,000 visitors downloaded the 5 free reports! Dont miss out! Weve extended free access until Friday, July 7. Dont follow the herd -- start thinking independently, visit the Crash Course Now.
 

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.
 
 
Shepwave Elliott Wave
Theory Tutorial


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