This is a 10:50 intraday update of Turov on Timing for Wednesday, June 16, 2010.
TOT daily traders are currently 300% short. The SPX is currently about 1109. Cover your short at the market and simultaneously go 200% long. We’ll use the first tick on a 10:52 1 minute bar chart as our “official” entry.
Once you go long, use a sell stop at SPX 1097.
I’ll have an intraday update at 3:50.
Thanks for the opportunity to be of service, and I’ll email you again at 3:50 – or sooner if circumstances warrant.
Turov on Timing is Copyright © 2010 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.