This is a 3:50 p.m. intraday update of Turov on Timing for Friday December 18, 2009.
TOT daily traders went 300% long on the opening today. The SPX is up just a tad from that level.
The daily model will be bullish Monday. Cancel your stop order and carry the position over the weekend and into Monday.
Have a great weekend, thanks for the opportunity to be of service, and I’ll email you again six hours before the start of Monday’s trading session.
Turov on Timing is Copyright © 2009 by Turov Investment Group Inc. All rights reserved. Turov on Timing is for personal use only. All caveats and advisories that appear in the monthly Turov on Timing apply equally to this email. Re-publication and distribution is strictly prohibited. No part may be reproduced without the permission of the Turov Investment Group Inc.