Monday, May 29, 2006
Dow 13 points from our target. ShepWave.com .. Elliott Wave Theory.
Click here for today's ShepWave Update
The Dow Industrials went within 13 points of our target last week.
As shown in recent updates the indexes have been behaving as suspected. ShepWave exited short term QQQQ Options trades for 100% profit last Monday. We then entered a QQQQ Options trade for September (expiration) that we will try to exit by August. The entry window is still open for this trade. This trade should profit anywhere from 200%-400%. Our core positions for the DIA and QQQQ are well in the black. In today's update I show some entry and trade management techniques along with targets which could be hit in the next few weeks. I also highlight a few individual stocks which some subscribers have inquired. (GROW and TIE) Remember the Purpose of ShepWave is to not only show our targets, analysis and method of trading but to teach trading disciplines and strategies that can be used when trading 'anything'.
Click here for today's ShepWave Update
The Dow Industrials went within 13 points of our target last week.
As shown in recent updates the indexes have been behaving as suspected. ShepWave exited short term QQQQ Options trades for 100% profit last Monday. We then entered a QQQQ Options trade for September (expiration) that we will try to exit by August. The entry window is still open for this trade. This trade should profit anywhere from 200%-400%. Our core positions for the DIA and QQQQ are well in the black. In today's update I show some entry and trade management techniques along with targets which could be hit in the next few weeks. I also highlight a few individual stocks which some subscribers have inquired. (GROW and TIE) Remember the Purpose of ShepWave is to not only show our targets, analysis and method of trading but to teach trading disciplines and strategies that can be used when trading 'anything'.
Click here for today's ShepWave Update
