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Trading the QQQQ Trading the QQQQ: GOOG going to the S&P... QQQQ Effect?

Thursday, March 23, 2006

GOOG going to the S&P... QQQQ Effect?

You didn't think I would hear the news that Google is going to be added to the S&P 500 index and Not Comment did you? Will Google Rally 80 points over the next few trading sessions? Do you think it was coincidental that they waited until Google was resting on the 200 day moving average before announcing? Google Strategy included in tonight's update.
In today's update I show some short term ( and longer term of course) trading opportunities in the indexes. Targets and entry discipline included. What are the charts of the Dow Transports, Gold and Crude Oil telling us? Charts included in tonight's update.
Go to http://www.shepwave.com/ for today's Update.

Have a great day.
Shep

Elliott Wave Theory analysis covering the Major U.S. Equity Indexes.
Trade the ETFs.
Trade the QQQQ.
Trade the DIA.
Trade GOOG.

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