Stock Market... Adjusting STOPS to lock in PROFITS.

Click Here to read Analysis Updates with targets and Stop/ Loss Areas at ShepWave


I am writing tonight''s update to show the current Elliott Wave Theory pattern that has been emerging and where the markets should be heading. I have adjusted stops in core positions to Guarantee Profits. As of the close today our positions are in the black.


Core QQQQ Position is up $2.56.. (after taking $1.84 in profits in May).. Not bad.
Core DIA position is up $3.53. (equal to over 350 point move in the Dow.)
QQQQ Option position is up $.20. (20 %. looking for 200% profit here)
DIA option position is up $.35. ($43.75%.. Looking for 200% profit here as well)
BAC option position is FLAT.. Bid is $.95 Ask is $1.05.. we paid $1.00

The BAC position should be a 100% or more profit. Expiration is August for the BAC trade. The DIA and QQQQ Options trades expire in September. There is a potential for a 400% profit in the QQQQ Options Trade.

Click Here to read Analysis Updates with targets and Stop/ Loss Areas at ShepWave.