This is a 9:50 a.m. intraday Turov on Timing for Tuesday, February 5, 2008.
My intraday model is showing significant positive divergence on the selloff. TOT daily traders are advised to double their current 200% long position by going an additional 200% long at SPX 1355 stop. Use a protective sell stop on both old and new positions at SPX 1345 stop.
As previously mentioned, I will update again with an interim email at 10:50 a.m.
Thanks for the opportunity to be of service, and I’ll email you again at 10:50 a.m.– or sooner if circumstances warrant.
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