This is a 12:15 intraday update of Turov on Timing for Friday, January 20, 2012.
TOT daily traders are currently 400% short. Cover the position at SPX 1314 stop or at SPX 1306 limit, whichever comes first.
If still short shortly before the close, I’ll update at 3:55. Otherwise, the next update will be six hours before the start of Monday’s trading session.
Thanks for the opportunity to be of service.
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