This is a 10:30 a.m. intraday update of Turov on Timing for Thursday, April 1, 2004.
The SPX is currently up about 7 points at about 1133.
TOT daily traders come into today’s session a maximally bullish 500% long. Raise your protective sell stop from SPX 1114 to SPX 1119. If not stopped out, carry your position overnight and into tomorrow.
Thanks for the opportunity to be of service, and I’ll email you again at the regular time – or sooner if circumstances warrant.
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