This is Turov on Timing for Monday, October 3, 2011.
At 2:15 on Friday, I issued a special report with reasons to be wary about going long on the first trading day of October (today). That admonition seems particularly well advised as we see Asian markets down 2+% in overnight trading and US futures down ½% to ¾%. And as I said at 3:50 Friday, “I see no edge to either going long or short… We’ll stay flat.”
Thanks for the opportunity to be of service, and I’ll email you again sometime during today’s trading session.
Turov on Timing is Copyright © 2011 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.