ShepWave
ShepWave Intra Day Trade Update Published For Monday. . QQQQ
by ShepWave.com
Posted: 8/6/2007 08:36 EST
The Dow Has one of the worse trading days Friday to one of the Best of the year Monday. Is this a buying for mid to longer term traders/investors. Read tonight's ShepWave update to get targets and trading strategies.
For Mid to Longer term traders. Please don't get confused with this day trading I do once in a while. Concentrate on the Regular ShepWave Updates. There is a lot to learn from watching the intra day trades though.
note posted at 2:19 p.m. et.
ShepWave stopped out with slight profit in afternoon.$.47 profit for QQQQ today
Note Posted at 12:50 P.M. ET
Using the profits form this morning as our stop/loss. Go to
http://www.shepwave.com/ and click on today's Intra Day Update for this Afternoon Trade in the QQQQ
adjusted stop in this afternoon's entry to ENTRY PRICE. Locking gains from today.
note posted at 10:39 A.M. ET.
Took $.37 profits in our short term (day trade) in the QQQQ.
ShepWave has exited today's trade. We didn't want to leave any short term trades open over night with the FED meeting tomorrow. Still looking good in mid to longer term trade signals from two weeks ago. ShepWave Traders you can leave today's entry open.. probably more profits. Just put in a stop to LOCK IN PROFITS.
Go to
http://www.shepwave.com/ to read today's notes from our Intra Day Update. I will continue to update through out the day with notes for those still trading today.
Go to
http://www.shepwave.com/ and click on today's Intra Day Update see this morning's entry in the QQQQ and our initial stop/loss. Plan on tightening stop/loss later and locking profits.
I have begun the Intra Day Updates for today, Monday, August 6th. It appears that we are getting the trade set up we were looking for as an 'ideal' trade set up. This is a somewhat risky trade entry, but should work out ok. For those of you who took the profits in our QQQQ and SUNW trades from Friday, may want to use the amount of the profits from those trades as the amount that you set your stop/loss for today.
ShepWave offers the Services listed below for Less than $20/Month
Short, Mid and Long term Trading Analysis with Trade Entry Signals, Strategies, and Targets
Regular Scheduled Updates Published by Market open on Monday and Thursday's.
Intra Day Updates for QQQQ, DOW,S&P 500 and selected individual stocks most every day.
Our purpose is to not only show potential trade set ups and the management of those trades but to TEACH objective disciplined methods of trading for any time frame.
QQQQ Trend Trading.
QQQQ Options Timing
Dow Industrials, S&P 500, Nasdaq Indexes, QQQQ, DIA and Selected Stocks Analysis
Email Notification of reports and trades if desired
Below is the link to watch the Cramer show. Entertaining to say the least. This was sent to me by a subscriber.
Cramer: Bernanke, Wake Up
Mad Money host Jim Cramer makes a passionate plea to Federal Reserve Chairman Ben Bernanke to consider cutting interest rates and, in turn, help the market and the people who are losing their jobs on Wall Street.
http://www.cnbc.com/id/15840232?video=452808336
Forex Traders click the image below for a 10 day trial. Forex Trading Software. Charting analysis and much more.
Sign up for the Forex Trading Software through ShepWave (click on link above) and receive a FREE MEMBERSHIP to ShepWave. You will have an active subscription to ShepWave for as long as you subscribe to the Forex Charting Software.
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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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