ShepWave
ShepWave Short term signals for the QQQQ. Friday Afternoon.. Closed out BIG trade for $1.00 profit.
by ShepWave.com
Posted: 6/8/2007 10:44 EST
I have published a quick, short update showing a potential short term BUY signal for the QQQQ. I show the trigger entry price. Be careful, but this 'could' be a possible entry for aggressive short term traders,,,,or,,,, for those convinced this week's down move is just a BLIP.
Be sure to read the recent updates for 'safer' FLIP TRADE target aras from this week's SELL OFF. ShepWave is Still Open Yesterday's QQQQ Trade after taking $.86 profits in QQQQ from Monday's entry. Also still OPEN BIG (Big Lots) trade.. NIce Profits this week. BIG will be closed out by the end of day. The QQQQ Trade will probably be kept open. Subscribers Check recent updates.
go to www.shepwave.com for this ShepWave update covering short term trading in the QQQQ
Note below posted at 2:00 P.M. EST
ShepWave has closed out our short term trade of BIG (Big Lots) this afternoon. Profit of $1.00 since we opened the trade Monday.
We are still open our QQQQ Trade which was opened yesterday. See Shep's Trade Diary for more details and stop/loss area on this trade.
For those of you who took the short term aggressive QQQQ Trade read the Update published earlier today. Notice Targets are being hit. LOCK IN PROFITS with a stop/loss. TIGHTEN STOPS!!!!
Non Subscribers can read our brief notes posted on our page at Stockcharts.com Click below.
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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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