This is a 2:22 intraday update of Turov on Timing for Wednesday, November 10, 2010, in lieu o the previously announced 3:50 update.
TOT daily traders went 300% long at SPX 1208.10 at 10:45 this morning. The SPX is currently about 1216. Raise your protective sell stop on the position to a breakeven. If not stopped out, carry the position overnight and into tomorrow, when I expect the daily model to be solidly bullish.
Thanks for the opportunity to be of service, and I’ll email you again in about ten hours.
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