This is a 10:52 intraday update of Turov on Timing for Tuesday, December 22, 2009.
TOT daily traders came into today’s session 300% long. The SPX is currently up about 3 points at about 1117. The rally looks like it wants to take a breather. Raise the stop to a very tight SPX 1116. If not stopped out, take your profit on the close. Go overnight flat.
Thanks for the opportunity to be of service, and I’ll email you again in about 15 hours.
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