This is a 3:38 intraday update of Turov on Timing for Wednesday, June 16, 2010.
TOT daily traders are currently 200% long with a sell stop at SPX 1097.
If not stopped out, carry the position overnight and into tomorrow. While, preliminarily, tomorrow looks like a down day, the very early going should see an upside pop, worthy of selling into at that time.
Thanks for the opportunity to be of service, and I’ll email you again in about 10 hours.
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