This is a 10:45 a.m. intraday update of Turov on Timing for Friday, November 21, 2008.
The daily model is neutral today. However, the NASDAQ model is suggesting a selloff from here through the close.
The odds of the NASDAQ 100 declining from here through the close today are 65:35. The expected value on a short
sale is 2.16%.
Because Turov on Timing is an SPX-based service, we’re going to stand aside. However, unofficially, for the nimble
who want to trade, the odds clearly favor short versus long.
Enjoy the weekend, thanks for the opportunity to be of service, and I’ll update again six hours before the start of
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