This is a 10:16 a.m. intraday update of Turov on Timing for Thursday, March 27, 2008.
I do not like the way the market is acting, under the surface. TOT daily traders went 300% long this morning at SPX 1343. The SPX is currently a tad above 1340. Take your small loss and move to the sidelines.
Thanks for the opportunity to be of service, and I’ll email you again in about 16 hours – or sooner if circumstances warrant.
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