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 Recent QQQQ Trade up over $1.40. Lock In PROFITS.
by ShepWave.com
Posted: 2/27/2007 15:28 EST

Our short to mid term trade which was entered a couple of weeks ago is currently up over $1.40.  I have adjusted the STOP/LOSS to LOCK IN PROFITS.  Been a good day. 
 
Don't let your emotion run away with your objectivity.  Remember,  The market will 'humble' those that lose control of objectivity in their trading. 
 
I will update by Wednesday Morning with charts and analysis containing targets for the short and mid term along with trading guidelines to trade a possible bounce.
 
Some KEY areas getting hit today in the indexes.  Read the ShepWave Update from February 11, 2007 to see the potential trend change signal confirmation we are looking for.
 
Click here to see the adjusted STOP in our recent QQQQ Position.  Click on Shep's Trading Log after logging in.
 
 

\http://www.elliottwave.com/a.asp?url=store/defaults.asp?view=books&cn=6sw

 


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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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