ShepWave mid day update published. GOOG and QQQQ Charts .. Profit Taking soon. 10%+ move coming for the DOW INDUSTRIALS?? More for the Nasdaq.
by ShepWave.com
Posted: 8/11/2006 11:53 EST
I have published today's mid day update to show where we are planning on taking profits in our current GOOG and QQQQ Positions.
Our QQQQ Options for September have gone against us a bit. Charts are strengthening current position. We are looking to exit this trade at a 100% PROFIT.
The GOOGLE Options trade is well in the Black. Today's charts for GOOG show where we are going to close out our Sept Options.. and a potential continuation trade in GOOG once we exit this position.
All other positions are doing well. The November BAC Options Trade should be a good one.. potential 200-300% profit.. looking to take profits in September.
Click here for today's ShepWave Update.
108.......12.....9 134.....12.....16 172......13......00
215.....13....12 250......14.....00
| 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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