This is a 10:50 a.m. intraday update of Turov on Timing for Tuesday, May 12, 2009.
The Standard & Poor’s 500 Index (“SPX”) is currently about 905. TOT daily traders are advised to go 300% long at SPX 906 stop OR SPX 901 limit, whichever comes first. If you go long, use a 10 point protective sell stop on the position. If not stopped out, carry the position overnight and into tomorrow UNLESS I issue a contradictory advisory at 3:50 p.m.
Thanks for the opportunity to be of service, and I’ll email you again in a few hours.
Turov on Timing is Copyright © 2009 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.