This is a 11:13 intraday CORRECTED update of Turov on Timing for Tuesday, September 8, 2009.
CORRECTION TO THE 10:50 UPDATE: TOT daily traders went 400% short at SPX 1019 limit earlier this morning. Futures traders did about 5 points better than that as the overnight advance held into the opening.
As per the overnight update, TOT daily traders should have covered the short at 10:45 a.m. The price then was 1024.41. Sorry for any confusion.
Thanks for the opportunity to be of service, and I’ll email you again six hours before the start of tomorrow’s trading session.
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