This is a 10:05 a.m. intraday update for Turov on Timing for Monday, March 3, 2008. It replaces the scheduled 11:00 a.m. update.
TOT daily traders came into today’s session 300% short and just took a fat profit at SPX 1330. TOT daily traders are now advised to go 300% LONG at SPX 1332.50 stop. If you go long, use a 10 point protective sell stop on your position. If not stopped out, close out your long position on the close and go overnight flat.
Thanks for the opportunity to be of service, and I’ll email you again six hours before the start of tomorrow’s session – or sooner if circumstances warrant.
Turov on Timing is Copyright © 2008 by Turov Investment Group Inc. All rights reserved. Turov on Timing is for personal use only. All caveats and advisories that appear in the monthly Turov on Timing apply equally to this email. Re-publication and distribution is strictly prohibited. No part may be reproduced without the permission of the Turov Investment Group Inc.