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.com Stock Market acting as expected.. Profits increasing.. Potential 300% PROFIT in yesterday's ORCL entry.
by ShepWave.com
Posted: 6/27/2006 14:09 EST

ShepWave positions are doing well.  There is no need for an update today.  Refer to recent updates for targets.. Once these targets get closer we 'could' take profits in 1/2 of core positions and reposition in Options Trades (take profits) and look to possibly 'flip' for some short term trades.
 
QQQQ August Options up over 25%   (Looking for  100% or more)
 
 
DIA August Options currently in red.. looking to exit this trade as soon as the trade turns black.. Could be by end of week.   Aggressive traders could keep position open for a potential 100% PROFIT by mid to late July.
 
DIA  and QQQQ core positions are doing very well.  Use targets in updates for the area at which we will take 1/2 of the positions off the table to lock in profits.
 
The ORCL (Oracle) Options trade entered yesterday is up almost 50%.  Not bad for one day of trading.  This is a September expiration trade.   We plan on letting this one run a bit.. should not close out until late July possibly.  Looking for a minimum of 300% profit (Target).
 
For Updates with Analysis and Targets go to www.shepwave.com
 
 
 

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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.
 
 
Shepwave Elliott Wave
Theory Tutorial


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