This is a 9:55 a.m. intraday update of Turov on Timing for Wednesday, December 1, 2010.
TOT daily traders came into today’s session 300% long from SPX 1180.55. The SPX is currently 20 points higher than that. Let’s lock in at least 90% of that gain by raising the stop on the position to SPX 1198. If not stopped out, carry the position overnight and into tomorrow.
Thanks for the opportunity to be of service, and I’ll email you again in about 15 hours – or sooner if circumstances warrant.
Turov on Timing is Copyright © 2010 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.