This is a 10:35 intraday update of Turov on Timing for Thursday, February 14, 2008.
TOT daily came into today’s session 300% long and took profits at SPX 1367.
The SPX is currently about 1365. TOT daily traders are now advised to go 300% short at SPX 1363 stop. If you go short, use a protective buy stop at SPX 1375.50. 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 in 16 hours.
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