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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 QQQQ Short Term Trades...ShepWave.. $.31 profit taken this morning. Current trade up over $.54
by ShepWave.com
Posted: 10/18/2006 13:55 EST

Just note to say to tighten stops on this morning's ENTRY.. the position is currently up $.54....This is after taking a $.31 profit from position entered yesterday and exited this morning.  The position we closed out yesterday morning had a profit of $.57. 
 
Over $1.40 profit in short term trades in the QQQQ this week alone.  Browse through the updates and you will find mentions of many short term opportunities and trends.  These trades are in the UPDATE section only.. not in Shep's Trading Log which is used more for mid to longer term trades.
 
NOTE:  ShepWave is an end of day service.  I will NOT do these quick trades all the time.  Due to current market conditions I felt it necessary to do some short term trading for subscribers.  I did not plan on the mid term trend to go as high as it did.  So.. just trying to cover any losses from the extended rally.  Remember,  technical analysis is only a tool to attempt to find market direction.  No technician is right all the time.  I do my best to make my subscribers as much profit as possible.
 
go to http://www.shepwave.com/ for analysis
 

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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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Log In at ShepWave.com for the THREE ShepWave Updates for Monday--ALSO--Apex Trader Funding 80% Off any Size Evaluations - use ShepWave Coupon Code "XKZKHCRV" at checkout for 80% Off.
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