This is a 2:40 p.m. intraday update of Turov on Timing for Friday, November 10, 2006.
The SPX is currently about 1378. CANCEL my previous intraday advisory, which has not yet been elected. INSTEAD TOT daily traders are advised to go 400% long at SPX 1381 buy stop. If you go long, use a protective sell stop at SPX 1375. If you go long and are not stopped out prior to the close, and IF BOTH the SPX AND the DJII are closing up on the day, then carry the position over the weekend and into Monday. If you go long and EITHER the SPX OR the DJII are closing down on the day, then liquidate your position on the close and go into the weekend flat.
Thanks for the opportunity to be of service, have a great weekend, and I’ll email you again in 72 hours.
Turov on Timing is Copyright © 2006 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.