This is a 3:10 p.m. intraday update of Turov on Timing for Wednesday, June 23, 2010. It is in lieu of the previously announced 3:50 update.
After booking a modest profit on the short side this morning, TOT daily traders went long at SPX 1088.91 and, after a rally 10 points higher, were stopped out for a breakeven at the same SPX 1088.91 level. We are currently flat.
Thanks for the opportunity to be of service, and I’ll email you again in about ten hours.
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