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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. Markets trading as expected... ORCL Trade up almost 30% since Monday
by ShepWave.com
Posted: 6/28/2006 14:32 EST

No update today.  The indexes are trading as expected.  Actually there are some interesting happenings on the short term charts.. but,, I am not going to go in to that today. 
 
I copied these article headlines from some leading financial sites.
 

Stocks Mixed With Fed Decision in View

Reuters -

U.S. stocks were treading water on Wednesday as investors were reluctant to place major bets before the start of a Federal Reserve meeting that could result in a signal that interest rates will keep rising.

Looking for cover
Investors anxious as Fed meeting opens and supply data come in.

 

I am glad that we don't have to worry about reading the minds of investors/traders to have clarity of market action.  I haven't watched CNBC for a few days.  I kind of miss the comedy.  I can just imagine the reasons being given for market action.  Feel free to email me some of the 'good liners' .  I am sure Bob Pisana is on a roll.  God Bless Him.

 

Anyway,  No update today.  Recent updates have charts and show areas where we 'MAY' tighten stops, take profits.. etc..

Have a great day. God Bless You all.

 

Shep

 

Sign up for CLUB EWI.  We are already positioned.. and really nothing happening in the markets today.  This could be a good day to advance our education and read some of the articles by Prechter and his brilliant staff.

Click image below to sign up for CLUB EWI .  It is FREE.

 

Trend Trading, Trend trading stocks, market trends,stock trends,stock market technical analysis, stock market timing,qqqq, qqqq options, qqqq trading,options, options analysis,stock options, trading options,trading stock options ,stock market technical analysis

 

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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