This is a 3:50 intraday update of Turov on Timing for Tuesday, March 27, 2012.
TOT daily traders went 300% short at SPX 1416 this morning. The SPX is currently about 1413. Lower your protective buy stop on the position to an SPX 1416 breakeven. If not stopped out, take your profit on the close and go overnight flat.
Thanks for the opportunity to be of service, and I will update again in about ten hours.
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