ShepWave Update Published.. ONE MORE RALLY for DOW?
by ShepWave.com
Posted: 8/5/2006 15:16 EST
I have published today's report to show that the recent up trend 'should' not be over. BULLS have one more rally?.. Then what? Longer term trend is being confirmed. Was Friday's Reversal a key technical indication?
We show our upcoming strategy to maximize profits in the QQQQ and BAC.. We will be looking to exit these positions asap. Also current positions in the DIA (options also) and GOOG.. these trades could be left open to maximize profits.
Click here for today's ShepWave update.
Browse through our BLOG for recent trade data.
When the Dow Industrials Index recently hit a multi-year high in May the Financial Television Channels were pumping the rally. Flashing a ticker showing how many points to a new all time high. Who did this help? Click here to see one of many updates published that week showing our analysis and how we were positioning ourselves to PROFIT from the upcoming turn. Are these Financial Information channels helping the average investor or perpetuating denial as to the mid and longer term direction of the U.S. Markets? Click here to read our update from May 13, 2006. TARGETS HIT.
| 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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