This is a 3:50 intraday update of Turov on Timing for Monday, December 7, 2009.
TOT daily traders went 400% long at SPX 1107.94 earlier today. Since then, the market has been stagnating. The odds slightly favor a positive opening tomorrow, and so we will hold our position overnight and into tomorrow – but we might exit quickly tomorrow if things don’t pick up.
Thanks for the opportunity to be of service, and I’ll email you in about 10 hours.
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