Welcome to the Blog of the W. B. Busin Group Publishing.

You may join our email list at market-timing-wbbusin.com.

It is still FREE, but not for long. You will get all of our trades before we record our Swing trades and Investor Core trades at TimerTrac.com.



Daily Index Sentiment Graph - (1 day delay -updated by 0800 EDT of next trading day)

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Friday, August 04, 2006

Timing Market Turns - Friday 08/04/2006

Today is Friday, August 4, 2006


This information is for educational and informational purposes only. The
information and data that we trade on is based in the various levels below.
It is for our personal use and is shared with you for solely informational
purposes.

______

1550 EDT
We will use option #1.

It may be a more enjoyable weekend with option #2 for others. It makes little difference at this point.

Have a fine weekend.

God bless all of you.

W. B. Busin

Tuesday, August 01, 2006

Timing Market Turns - Tuesday 08/01/2006

Timing Market Turns - 08/01/2006

This information is for educational and informational purposes
only. The information and data that we trade on is based in the
various levels below. It is for our personal use and is shared
with you for solely informational purposes.
______

1553 EDT

We remain in our current positions.

WBB

Thursday, July 27, 2006

Timing Market Turns - Thursday 07/27/2006

Timing Market Turns - 07/27/2006

This information is for educational and informational purposes
only. The information and data that we trade on is based in the
various levels below. It is for our personal use and is shared
with you for solely informational purposes.
______


Thursday - at closing -

1550 EDT

We are excercising option # 3


WBB

Friday, July 14, 2006

Timing Market Turns - Friday 07/14/2006

Timing Market Turns - 07/14/2006

This information is for educational and informational purposes
only. The information and data that we trade on is based in the
various levels below. It is for our personal use and is shared
with you for solely informational purposes.
______

FRIDAY
1525 EDT

NO TRADE at the close.

mail is slow and stacked in the queue.

WBB

Thursday, July 13, 2006

Timing Market Turns - 07/13/2006

Timing Market Turns - 07/13/2006

This information is for educational and informational purposes
only. The information and data that we trade on is based in the
various levels below. It is for our personal use and is shared
with you for solely informational purposes.
______

1545 EDT

Trade 3

Patience!

WBB

Thursday, June 29, 2006

Timing Market Turns - 06/29/2006

Timing Market Turns - 06/29/2006

This information is for educational and informational purposes
only. The information and data that we trade on is based in the
various levels below. It is for our personal use and is shared
with you for solely informational purposes.
______


No change to the position.

WBB

Wednesday, June 28, 2006

Timing Market Turns - 06/29/2006

Timing Market Turns - 06/29/2006

This information is for educational and informational purposes
only. The information and data that we trade on is based in the
various levels below. It is for our personal use and is shared
with you for solely informational purposes.
______

We have added some readers who have requested entry to our email list and twice daily newletter.

Please check in your Bulk mail folders and then 'whitelist' the address in your mail reader.

For those not on the list, we are expecting a substantial movement upwards.

If you follow these guidelines, we may accept you.

If you want to be on this courtesy email list for notification, then follow this format:

1. Your First name, Middle initial, Last Name
2. Your email address from your ISP (no hotmail, gmail, yahoo, etc.; these will be ignored).


Good Trading and God bless you all,

W. B. Busin

Monday, June 12, 2006

Timing Market Turns - 06/12/2006

Timing Market Turns - 06/12/2006

This information is for educational and informational purposes
only. The information and data that we trade on is based in the
various levels below. It is for our personal use and is shared
with you for solely informational purposes.
______

We entered as stated in the 1530 EDT update today.

WBB

Friday, June 09, 2006

Timing Market Turns - 06/09/2006

This information is for educational and informational purposes
only. The information and data that we trade on is based in the
various levels below. It is for our personal use and is shared
with you for solely informational purposes.
______

The email server is down and has been for awhile. It's unusual. I don't think this has happened to them to my knowledge.

There are no changes to any of our positions.

WBB

Thursday, June 08, 2006

Timing Market Turns - 06/08/2006

This information is for educational and informational purposes
only. The information and data that we trade on is based in the
various levels below. It is for our personal use and is shared
with you for solely informational purposes.
______

Many readers have requested to be added to our email list after it was closed temporarily. Your requests have been logged and will be the first to receive that opportunity when we re-open our membership. Please understand that the effort to build a secure and functional website is not as simple as one would think. We are in the last phase of building a scalable site and hub. It isn't fancy to look at but it will load fast on a 56k modem and be secure for any data sent to us. Also, when you pay for something exclusive, you want to be assured that it isn't showing up in conversation on the web.

We all here thank you for your interest. Please note that we firmly believe we are in a downward trending market for the next several months. We will have fabulous upward trends inside the major downtrend. But the overall view has to be downward for the next 12 to 18 months at minimum. This environment does not preclude an index or two making a new high (ex. Dow 30), but it isn't likely.

FYI - We entered short on the close of June 1 with partial positions in both Swing and Investor core, then added to that afterward. Although we missed selling the large drop from May 10th, we had tried to enter short position that were stopped out. We followed our discipline of "take a holiday" (in cash) after 3 losing trades in a row, and the market broke downward in the next few days. Tops are hard to pick.

We will try to update here in a few more days on the new site's status.

If you have not followed the requested format below in bold, your request for inclusion will be ignored. Re-submit and we will soon send you an email with further information.

God bless you all,

W. B. Busin

Previously:
We are not accepting new membership applications until June 2006.

Anyone who wants to be included in a courtesy email when we re-open applications in June 2006, may do so here by entering through the Comments link. Your message will not be posted to the blog. All your information will remain private.

If you want to be on this courtesy email list for notification, then follow this format:

1. Your First name, Middle initial, Last Name
2. Your email address from your ISP (no hotmail, gmail, yahoo, etc.; these will be ignored).


There will be a brief 2 or 3 day application period in June. If you miss this opportunity, or are not accepted in June, you may continue to apply.

Money managers, asset managers, brokers and other market professionals are welcome to apply. Investors and traders, market analysts and newcomers to the markets are equally welcome to apply for membership.

Membership is quite limited and membership acceptance is based on proprietary criteria.

We are soon moving to a fully web based medium. Currently, we are using an email service for daily and intraday updates.

Good Trading and God bless you all,

W. B. Busin

Sunday, May 21, 2006

Timing Market Turns - 05/21/2006

This information is for educational and informational purposes
only. The information and data that we trade on is based in the
various levels below. It is for our personal use and is shared
with you for solely informational purposes.
______


We are not accepting new membership applications until June 2006.

Anyone who wants to be included in a courtesy email when we re-open applications in June 2006, may do so here by entering through the Comments link. Your message will not be posted to the blog. All your information will remain private.

If you want to be on this courtesy email list for notification, then follow this format:

1. Your First name, Middle initial, Last Name
2. Your email address from your ISP (no hotmail, gmail, yahoo, etc.; these will be ignored).

There will be a brief 2 or 3 day application period in June. If you miss this opportunity, or are not accepted in June, you may continue to apply.

Money managers, asset managers, brokers and other market professionals are welcome to apply. Investors and traders, market analysts and newcomers to the markets are equally welcome to apply for membership.

Membership is quite limited and membership acceptance is based on proprietary criteria.

We are soon moving to a fully web based medium. Currently, we are using an email service for daily and intraday updates.

Good Trading and God bless you all,

W. B. Busin

Tuesday, May 02, 2006

Timing Market Turns - 05/02/2006

This information is for educational and informational purposes
only. The information and data that we trade on is based in the
various levels below. It is for our personal use and is shared
with you for solely informational purposes.
______

We are having technical difficulties with the email list, and the vendor is working to find out why.

As soon as the issue is cleared up, we will send a broadcast message. Meanwhile, here are the morning's numbers.

We apologize for the inconvenience.



Reporting:
ISM Non-Mfg Survey- 1000 EDT
Factory Orders- 1000 EDT
EIA Petroleum- 1030 EDT

Our Daily Parameter Metrics-

SPY QQQQ DIA

Support - 130.1 41.32 113.2/112.75

Resistance - 131.40 42.30 114.2

Stop Loss -

Profit Target -


SPX NDX Dow

Support - 1305/1300 1700/1685 11325/11300

Resistance - 1313/17/19 1715/1732 11435

Stop Loss -

Profit Target -

Wednesday, April 26, 2006

Timing Market Turns 3 - 04/26/2006

Housekeeping:

Doc Z., you have mail.

Ms. Ivy, you just can't trade from a cell phone or PDA. I have 2 Blackberries. But that is not the reason for requiring an ISP. Sorry, no exceptions for this list at this moment. Perhaps in the future we may have a service to work with that micro technology.


Here is a digest of yesterday's (04/25/2006) messages:


Update 1545 EDT

A RTH close under SPX 1298 will keep us short in all of the TT Swing
positions. If it does not close below that level, we will exit to
cash in all three indexes.

At this time, a close below SPX 1298 does not appear likely.

We remain in cash for the PT trade positions.


Update 1430 EDT
We may exit the entire TT short Swing position at the close of RTH
if the SPX does not close below 1300. We expect a minor downward
move, at least, before the closing.



WBB


______
Update - 1100 EDT

In the PT, we have taken profits in 50% of the personal trade(PT),
in all 3 index instruments at first support in SPX. We used SPX
1302 as our trigger today. That leaves us 25% net short in our day
trade/scalping position. We will exit to cash sometime today in
the PT. It's a day trade.

We remain 100% short in the TT Swing position.


______
Good Morning

Today is Tuesday, April 25, 2006

This information is for educational and informational purposes
only. The information and data that we trade on is based in the
various levels below. It is for our personal use and is shared
with you for solely informational purposes.

Reporting today:

Consumer Confidence - 1000 EDT

Existing Home Sales - 1000 EDT

Our Daily Parameter Metrics-

SPY QQQQ DIA

S/R - 130.25/131.25 42.15/42.33 113.0/113.5

Stop Loss - 131.35 42.41 116.61

Profit Target - 129.20 41.00 112.1/110.3


SPX NDX Dow

S/R - 1302.4/1311.25 1688/1720 11300/11365

Stop Loss - 1312.40 1728 11375

Profit Target - 1300/1293/1285 1685/1663 11178


Upward wedges characterize yesterday's index action. We will keep
a tight rein on all these. Planned email updates at 1100 EDT, 1430
EDT and by 1545 EDT. Other comments may or may not appear on the
blog.

We don't want to let a sharp rally near the open make us jump out
if it's a failing rally. A spike upward will most likely mean a
follow through and we might immediately take off the positions
before hitting resistance or stops.

The above thoughts and parameters for this short trade are not for
only the TT trade, but intraday levels that we will trade (scalp)
around. We will clearly define the TimerTrac(TT) and personal
trades (PT) with the abbreviations.

TT - 100% Swing short SPX, NDX, Dow 30

PT - 50% Short SPX, Dow, NDX

At intense or in fast markets, we may post to the blog also, so as
to notify all that a message has been sent to this list.

Tight stops are going to take some traders out this morning but we
expect the upward move that began overnight to finish within the
first 90 minutes of RTH. We expect a declining move to break
through the lower level of yesterday's upward slanting wedge after
the morning session's opening upward move.

Failing that scenario, we will exit all short trading positions in
the event of a sharp upward break of resistance.

Good Trading and God bless you all.

WBB

Timing Market Turns 2 04/26/2006

Charter list - you have mail


In the future, unsubscribed readers will be able to read a digest of previous days trading and other opinions of the indexes we trade.

The delay may be as much as three days.
WBB

Timing Market Turns - 04/26/2006

Today, Wednesday the 26th, is the last day that we will update the email list during the trading day, RTH. Tomorrow, we will begin updating the list after trading has ended in the U.S. markets. Enter your first and last name and your ISP email through the "Comments" link at the end of any post.

When we enter your information into the email service, an autoresponder will automatically send you a "verification" email with a link to click on. Clicking on the link will verify that you want to receive our update messages. This process protects all of us from any SPAM issues.

AWeber (www.aweber.com) is the service we are using. Tom Kulzer, the owner, is a respected and innovative leader in this technology. We looked closely at several services and also free standing software packages. We chose AWeber without any reservations.

We want you to know that when we associate ourselves with a customer or a provider of some service, we engage in a due diligence research plan that is thorough. If a service or agency of any ilk disappoints our expected level of service, we will quickly separate ourselves from them. Blogger.com is an example of a service that "does not meet expectations".

AWeber systems are secure and so is your personal information. According to experts and users, they are the Best of Show in their field. We can see why even though we are still learning to use their system. They are expensive, but we have been impressed by them. We conclude that they are well worth the expense for your security and for ours.

Good Trading and God bless

W. B. Busin

P.S. My statements above about AWeber are totally unsolicited and without any expectation of gain. We believe you would want to know with whom you are entrusting your personal information.

Tuesday, April 25, 2006

Timing Market Turns 5 - 04/25/2006

We have sent 5 broadcast emails today. If you did not receive them, then you must look in junk mail, I am told.

All late arrivals today will be included in tomorrow's broadcast list. You will automatically get an email tonight when we add you, to verify your request for inclusion. Click on the link in the email and you'll receive our early morning initial broadcast newsletter.

Comments please - through the Comments here:
1. about problems with type of information,
2. quality of information (except for the missing QQQQ support number),
3. speed of delivery,
4. arrangement of the data,
5. distinguishing between the TT and the PT trading,
6. or anything else.

A Good Day
It was a profitable day. It may have seemed easy, but the morning pre-market call could have easily shifted to a spike and run upward day. It was a difficult call to make and even harder to enter.

I just want you to know what my mental state was this morning as I traded the cable in the European session, looking at Globex futures action. It was the cheap upward move in the pre-session, the sentiment and volatility ratios that convinced me that the short side was correct for today in the PT trading.

It is still a trading range market. Sure bets are rare aren't they.

WBB


Previously:

The new emails submitted this morning have been added and a verification email has been sent. You will receive this morning's broadcast after you click that verification link. Be patient, we are new at this email list communications. -:)

Thank you all for your cooperative spirits. You will soon learn why we have requested your ISP emails and your first and last names. We will be adding coverages of a variety of instruments of interest to you. Yes, we do have plans. -:)

Charter List you have mail at 1200 EDT


We are adding requests as they are submitted. We are including the previous messages in the updates today, at 1430 and 1545 EDT.

Ivy - an ISP email is from the phone company, the cable company or some other access provider.

WE omitted the first support level for QQQQ for today. It is 41.65 . The figures in the message are resistance. We will correct at the 1430 update.

Timing Market Turns 4 - 04/25/2006

The new emails submitted this morning have been added and a verification email has been sent. You will receive this morning's broadcast after you click that verification link. Be patient, we are new at this email list communications. -:)

Thank you all for your cooperative spirits. You will soon learn why we have requested your ISP emails and your first and last names. We will be adding coverages of a variety of instruments of interest to you. Yes, we do have plans. -:)

Charter List you have mail at 1200 EDT


We are adding requests as they are submitted. We are including the previous messages in the updates today, at 1430 and 1545 EDT.

Ivy - an ISP email is from the phone company, the cable company or some other access provider.

WE omitted the first support level for QQQQ for today. It is 41.65 . The figures in the message are resistance. We will correct at the 1430 update.


WBB

Timing Market Turns 3 - 04/25/2006

The new emails submitted this morning have been added and a verification email has been sent. You will receive this morning's broadcast after you click that verification link. Be patient, we are new at this email list communications. -:)

Thank you all for your cooperative spirits. You will soon learn why we have requested your ISP emails and your first and last names. We will be adding coverages of a variety of instruments of interest to you. Yes, we do have plans. -:)

Charter List you have mail at 1050 EDT


We are adding requests as they are submitted. We are including the previous messages in the updates today, at 1430 and 1545 EDT.

Ivy - an ISP email is from the phone company, the cable company or some other access provider.

WE omitted the first support level for QQQQ for today. It is 41.65 . The figures in the message are resistance. We will correct at the 1430 update.


WBB

Timing Market Turns 2 - 04/25/2006

The new emails submitted this morning have been added and a verification email has been sent. You will receive this morning's broadcast after you click that verification link. Be patient, we are new at this email list communications. -:)

Thank you all for your cooperative spirits. You will soon learn why we have requested your ISP emails and your first and last names. We will be adding coverages of a variety of instruments of interest to you. Yes, we do have plans. -:)




Charter List you have mail at 0830 EDT


WBB

Timing Market Turns Housekeeping - 04/26/2006

More Email Housekeeping -

Barry - look in junk/bulk mail folder, you were sent the email.

Goldspread - name please.

Ivy - no yahoo, hotmail, gmail, etc.

At 0430 EDT - Everyone who requested inclusion by submitting your ISP email address and, your first and last name have been added. As you are added to the list, you are automatically sent an email with a link to verify your request for inclusion. Click on the link and you're in!


Previous post:

Those of you that have sent us your non-hotmail or non-yahoo email have been added to the email list. Please use the Comment link to request inclusion in the list.

We will test this email a few times before relying on its efficiency. You should have received a few emails already. Look in the Junk mail folder to be certain if you haven't received any within an hour of this posting.

Just comment again if you haven't received anything.


Note to Ivy - No yahoo addresses. Thank you.



God bless

WBB

Monday, April 24, 2006

Timing Market Turns - 04/24/2006

Email Housekeeping -

Those of you that have sent us your non-hotmail or non-yahoo email have been added to the email list. Please use the Comment link to request inclusion in the list.

We will test this email a few times before relying on its efficiency. You should have received a few emails already. Look in the Junk mail folder to be certain if you haven't received any within an hour of this posting.

Just comment again if you haven't received anything.


Note to Ivy - No yahoo addresses. Thank you.

God bless

WBB

Timing Market Turns - 04/24/2006

Posted at 1540 EST

We have not been able to post here today! We don't know what time the previous post made it online. Bloggers have been very upset with Blogger.com for weeks, including us.

Please note that you have probably received an email from us without a link to verify your opt-in request. Please ignore it and delete it.

Several readers sent us requests for inclusion but gave us hotmail/yahoo (junk email) addresses. We stated clearly that those are unacceptable. Please re-submit your ISP (internet service provider) email inclusion, if you want to participate in the updates.

We will not be posting here until Blogger has fixed their problems.

We will take a 100% short SWING position at the close today.

Further trades and messages will be through the email until we see some change with Blogger.



Blogger has ANOTHER scheduled shut down at 1600 PST, 1900 EST today!

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Our Swing position - 100% cash position again.

Our Investor core position - we will remain in cash till SPX 1290 is breached again.


Stand aside again today as we want to view a better structure evolving from any action. The structure and price patterns are too undefined in the Dow and the SPX.

We will update at 1200 EST and 1430 EST if any indications of clarity are becoming evident.

Good Trading and God bless you.

W. B. Busin

Timing Market Turns - 04/24/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Our Swing position - 100% cash position again.

Our Investor core position - we will remain in cash till SPX 1290 is breached again.


Stand aside again today as we want to view a better structure evolving from any action. The structure and price patterns are too undefined in the Dow and the SPX.

We will update at 1200 EST and 1430 EST if any indications of clarity are becoming evident.

Good Trading and God bless you.

W. B. Busin

Friday, April 21, 2006

Timing Market Turns 4 - 04/21/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Our Swing position - 100% cash position again.

Our Investor core position - we will remain in cash till SPX 1290 is breached again.

Time loci, 5 minute bars, SPX:
0955
1025
1100
1120
1135
1145
1200
1205
1215
1235
1315
1400
1505
1515
1540


Have a nice weekend.

Good Trading and God bless you.

W. B. Busin

Timing Market Turns 3 - 04/21/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Our Swing position - 100% cash position again.

Our Investor core position - we will remain in cash till SPX 1290 is breached again.

Time loci, 5 minute bars, SPX:
0955
1025
1100
1120
1135
1145
1200
1205
1215
1235
1315



I will post updates at 1030, 1130 and 1300

Good Trading and God bless you.

W. B. Busin

Timing Market Turns 2 - 04/21/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Our Swing position - 100% cash position again.

Our Investor core position - we will remain in cash till SPX 1290 is breached again.

Time loci, 5 minute bars, SPX:
0955
1025
1100
1120
1135


I will post updates at 1030, 1130 and 1300

Good Trading and God bless you.

W. B. Busin

Timing Market Turns - 04/21/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Our Swing position - 100% cash position again.

Our Investor core position - we will remain in cash till SPX 1290 is breached again.

Time loci, 5 minute bars:
0955
1025

I will post updates at 1030, 1130 and 1300

Good Trading and God bless you.

W. B. Busin

Thursday, April 20, 2006

Timing Market Turns 4 - 04/20/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Posted at 1920 EST

Our Swing position - 100% cash position again.

Our Investor core position - we will remain in cash till SPX 1290 is breached again.

GIVENS:
Given the several time loci due this week and early next week,
Given the dull-to-hyper phases of option expiration weeks (some traders call it 'manipulation'),
Given the bearish state of breadth and sentiment indicators,
Given the pulsive upward movement in the last 3 days,
Given the 3rd daily sell signal today (the first 2 were wrong),
Given the unsustainable slope of the upward move,
Given the two losing trades in a row for the system,
Given the system is still in an unmoved sell phase(quite unusual)
Given the non-trending character of this upward move,
Given sundry other aspects in the internals,

I can't be bullish, short term or longer term.
I have a rule in my daily trading (not intraday trading) that delays my next trade by at least by one day if I have 2 consecutive losing trades.

That means that tomorrow's close is the first eligible time to trade through the TimerTrac.com sytem.

We stay in cash at tomorrow's open even if it gaps 10 points downward atthe open (quite improbable).

Expiration Fridays are often the least active day of an expiration week.

We will stand in cash for tomorrow.


WBB


Previous posts:

You might think -

1. It can't get any more frustrating than these last few days.

2. The indexes will never stop their upward movement.

3. Where is the sell signal that I see?

This is what trading is like. You have runs of winners, and then your signals go unheeded by the markets. That just happens. I take my losses and move on to prepare for the next signal.

Yes, it is still a sell signal. Who will take it?






Good Trading and God bless you.

W. B. Busin

Timing Market Turns 3 - 04/20/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Posted at 1630 EST

Our Swing position - 100% cash position again.

Our Investor core position - we will remain in cash till SPX 1290 is breached again.

You might think -

1. It can't get any more frustrating than these last few days.

2. The indexes will never stop their upward movement.

3. Where is the sell signal that I see?

This is what trading is like. You have runs of winners, and then your signals go unheeded by the markets. That just happens. I take my losses and move on to prepare for the next signal.

Yes, it is still a sell signal. Who will take it?


I'll run the data and post more at 1900 EST.


Previous posts:

Stops hit and we will exit this trade.

Suggest short position traders might want to exit immediately. We are wrong about direction.



We expect a slightly higher high intraday, then a lower close. We remain short in the Swing position and will allow for a minor touch of our stops.

All of indicators point toward a downward move - but extreme caution remains the watchword for today and tomorrow as this expiration week ends.
Good Trading and God bless you.

W. B. Busin

Timing Market Turns 2 - 04/20/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Posted at 1026 EST

Our Swing position - 100% short position at the opening today with tight stops set just above stated resistance.

Our Investor core position - we will remain in cash till SPX 1290 is breached again.

Stops hit and we will exit this trade.

Suggest short position traders might want to exit immediately. We are wrong about direction.



We expect a slightly higher high intraday, then a lower close. We remain short in the Swing position and will allow for a minor touch of our stops.

All of indicators point toward a downward move - but extreme caution remains the watchword for today and tomorrow as this expiration week ends.
Good Trading and God bless you.

W. B. Busin

Timing Market Turns - 04/20/2006

Posted at 0830

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Our Swing position - 100% short position at the opening today with tight stops set just above stated resistance.

Our Investor core position - we will remain in cash till SPX 1290 is breached again (which may be tomorrow).

We expect a slightly higher high intraday, then a lower close. We remain short in the Swing position and will allow for a minor touch of our stops.

All of indicators point toward a downward move - but extreme caution remains the watchword for today and tomorrow as this expiration week ends.

Good Trading and God bless you.

W. B. Busin

Wednesday, April 19, 2006

Timing Market Turns - 04/19/2006

Posted at 1035

edited at 1140

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Our Swing position - 100% short position at the opening today with tight stops set just above stated resistance.

Our Investor core position - we will remain in cash till SPX 1290 is breached again (which may be tomorrow).


The expected opening and downward move near resistance with a high percentage lateral day evolving. Watch for the necesary attempt at new high levels.

SPX time locus points (5 minute bar) this morning: H=possible high; L=possible Low

1040 L
1120 H
1240 H/L ?


More near 1400

WBB

Timing Market Turns - 04/18/2006

Posted at 0028 EST
Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Edited at 0358 - (Hi Yuri. Yes, that's fine. -:} )

Editing functions are still sticky. We are sure it is not our computer or our ISP.

We have many people responding to the email offer. To clarify, this is not a newsletter nor will you receive a solicitation from us. It is free and may never be used if we can solve this issue here or get the website operating. It is ONLY for scenarios like today when everything goes wrong at the worst of times for us and for all of you as readers here.

We will ignore the hotmails, gmails and yahoo mail addresses. Only emails from your Internet Service Provider (whomever you pay for internet access) will be entered into the list.

I am dismayed by the number of readers who indicated that they are still short in some way. I assume that our consistent urging to use stops is being ignored. If you didn't learn the lesson from today's spike, then you probably will be out of trading by the end of May 2006.

Asking where to place stops is asking us to violate U.S. laws and regulations. That is like asking what is the answer to number 5 on a public school test isn't it. We won't break the rules - ever.

Brutal Truths - THIS IS OPTION EXPIRATION WEEK - KNOWN AS THE MARKET'S TWILIGHT ZONE!

1. Do your homework, read a book like John Murphy's. Used ones cost less than shipping at Amazon! Invest in yourself! Trading is like war, guerilla war, nuclear war. You will die, be ruined, hurt those you love if you aren't prepared.

2. I have consistently warned about the aggressive swings with higher volatility ranges and sentiment changes that will prevail over the markets during the next few years. Today was a reasonable example of this. It will happen again and again.

3. Traders love days like today even if like me, they were short at the open. A daytrader would be out of the short by 0935 and likely buying before 1100, pyramiding by 1120 and taking profits by 1215, re-entering long between 1350 and 1400 when the market did not breakdown and out by 1520 for a plump 12 to 15 point day.

What is a trader's position now? Flat and ready for tomorrow's open. If you are long or short now and believe you can trade markets with just the blog ramblings of some old man like me, YOU ARE DEAD WRONG!

Today was an expensive lesson for a few readers. Books cost but a few quid and some enriching hours of reading and studying. Are loss prevention, risk management, money management foreign concepts? Can you explain them? Do you have a plan you can show me that is based on those principles? If not, then stop trying to trade. The trading locomotive will run you over and never slow down. Total ruin is your future reality. I can guarantee it.

If you think this rant is too harsh or mean or condescending, I will refer you to this and previous similar rants - and, then point to today's action asking you why you did what you did?

Nobody ever told me anything like that when I started trading decades ago. If you learn a trade or profession, isn't that learning program quite long? Why do people think trading is any different?

- - My apology to all who know how understated the above comments are. Traders, I hear your 'Amens'. You just don't see the questions I receive. "What is MOC? Where do I place my stop?" It makes me want to stop posting.

To the markets - SPX 1293 may hold as support on a downward reaction if 1301 breaks, and then Monday's lows will be at risk. Resistance is at SPX 1311. Above that level, for a close or for more than 2 hours, the scenario returns to the previous uptend.

If the blog functions tomorrow, I will post frequent updates.

Our Swing position - we will re-enter short position at the opening tomorrow with a tight stop.

Our Investor core position - we will remain in cash till SPX 1290 is breached again (which may be tomorrow).



What to look for tomorrow and Thursday, intraday:

1. A move to cover the gap at SPX 1286.

2. Lateral movement for most of the day with attempts to exceed yesterday's highs.

3. The Q's have resistance at 42.75 and support at 42.30

4. The Dow has resistance at 11310 and support at 11178.

5. The NDX has resistance at 1740 (weak) and support at 1705.

6. The SPX has resistance at 1311 and support at 1301.


Question asked by more than a few - "Am I sure that April 11th was a high?"

As of this moment, I believe so until proved wrong. A pulsive upward movement above SPX 1320-22 would be destructive to that belief. April 11th only applied to the S&P 500. It was early by at least one day. Momentum peaked on April 5th. As you know the Dow topped in March and the NDX topped in January.

If I told you that Thursday this week is a time locus point, what would you be preparing to do? What action (long, short or cash) would you choose? If you don't know a strategy for that information then you should not be trading, should you?

Trading isn't about timing. Timing is about trading. Trading is alot of things, but mostly about you.

Good Trading and God bless you

W. B. Busin

Tuesday, April 18, 2006

Timing Market Turns - 04/18/2006

Posted at
Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.


I don't know why this has happened here, but I had trouble early today posting to the Dow blog. Blogger has a problem with some permissions on the blog. We think and it ruined some functions in my control panel and nothing seems to work as normal. Twenty minutes to load up the text, etc. Then it just stopped. Technical people for blogger are helping.

Murphy.

If this continues to post, I will return later this afternoon to sum the aspects of this 78% retracement of the downward move from April 7.

We have a mail service from AWeber that was to be for the new website. They are best of the lot in their field. If you want to be on a broadcast list, send your first and last name and email address to me through the Comments here. Do not use hotmails like google or yahoo or MSN. Only ISP email from your internet provider. You will get an email in a day or two, and have to click on a link to 'opt-in' or you won't receive any updates.

The Swing and Core positions were stopped out at resistance levels and are all in cash at the close. We may re-enter at the open tomorrow.

We have been trying to get the blogs to work all day. We haven't eaten at all.

I will post something here by midnight EST.

WBB

Timing Market Turns - 04/18/2006
Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.


I hope this appears on the site.


Murphy rules the internet.

TEST

wbb

Market Timing for Daily and Intraday Trading Options, Futures

















Blog jammed

covering
at

today's close

Monday, April 17, 2006

Timing Market Turns - 04/17/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Check each index's blog (links to your right) for updates and information about trades.


This is option expiration week and the indexes appear to be in neutral. They may trade laterally this whole week but the probabilities point toward a downward move. The risk for traders is staying too long in their trade with paper profits and hoping for more. Swing traders are also faced with a similar exposure.

Decide on your stops before entry, then stick to them. Take any loss quickly. Remember that this is still a rolling top that is going to try to make emotional traders into angry fools.

I have listed resistance and support levels for each index. They should be good until broken and closed below or above. If you think the support levels are quite wide then look at a daily chart and find tighter ones. I could not find them. The nearby support levels will break easily with any sharp moves backed up by volume.

The law of Physics may play the ‘equal and opposite reaction’ to any spikes today through Wednesday. Sometimes lows break without a test. Other times, lows will be penetrated, bounce to the upper range limit then laterally and then the full breakdown that does not recover back up through and into the channel. I am not referring to a crash scenario, just where support breaks once and for all in that movement or swing.

If resistance breaks and the indexes trade above those levels for more than 2 hours, then stand aside for the day to allow them to settle the direction question.

Check each index's blog (links to your right) for updates and information about trades.


Good Trading and God bless you all.

W. B. Busin

Thursday, April 13, 2006

Timing Market Turns 2 - 04/13/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Swing trade - 100% cash positions. Short trade closed on Wednesday's close.

Investor core - 100% cash positions. Possible trade by Friday's close.


Sometimes the markets behave the way a trader expects. I have learned that as soon as that happens, I should expect that to stop abruptly. We didn't have anything change in our view of the indexes today, so I thought that I would post 4 more comments and respond to them in bold below the post. No names used, of course.

"Hello Mr. Busin,Excuse my ignorance, but when you ...

Excuse my ignorance, but when you state " Short trade closed on Wednesday's close." Do you mean right before the market close for the day or after the market close for the day? "


Yes. At the close.

"Hi WBI have no problem with $5 a day for first rat... Hi WB
I have no problem with $5 a day for first rate timing service. And more as a longer track record is established.

I hope, that for that price, you'll be able to provide intraday signals and not the clumsy (or should I say "less agile") end-of-day beginning-of-day Timertrac friendly signals."


If we do go to fee-based, you will have more data and information than you could use. :) We would also cover more than just the 3 indexes. We would poll readers for desired instruments and decide what to track from the information.


"Great call for closing out yesterday on the close.... Great call for closing out yesterday on the close.

Do you have your trade history posted anywhere farther back than what is posted on Timer Trac?

Thanks"


The TimerTrac trade record is all that is publicly available. If any non-TimerTrac members would like to see the exact record with times and dates, give us a comment here and I will post it after trading hours sometime next week.

Thank you all for the expressed gratitude. All of us here hope it has helped someone, so that we may reach others who need our help.




Hi Bill

First, I must thank you again for what has been an interesting and profitable experience. I enjoy both the commentary and the way you approach trading.

I support the idea of a fee-based service. It sounds from the tenor of your post that people may be objecting to some of the costs. However, as a veteran of many "so-called" trading services, one thing I think that people must understand is that we will pay not only for your systems, but also for your judgement. I have yet to find any "mechanical" system that remains robust over time. It needs a human with experience to help analyze the data. It takes much more time and effort for you to trigger a trade than for a mindless system.

My only advice would be not to be a slave to Timertrac. If the trade needs to be closed (or opened) now, why not just do it? You could always post something like: "closing trade now, otherwise hold until close and execute at our normal timertrac endpoint" that would allow people who want to use the verified system to use it that way, and the rest of us, who can take a peek from time to time, to close at the time that appears optimal. For what it's worth.

Thank you again!





NOTE: Someone who reads this blog is taking this information and re-selling it. That is wrong. Do not do that. First you will hurt others, and second you will be cut off from this information. I know who it is. Yes, I do. All will be forgiven if you take down the systems off that page. And, don't try that anymore.

I have a long standing friendship and relationship with Tiger International. They can count the the number of nits on a rat's back while it's crawling into its nest. Do not doubt that I will quickly find plagairizers and exact a cost much more dramatic than the few quid you will make.

Stop the systems you are selling. Send me an apology by Sunday night. If you do, all is forgiven and we will carry on as before.


Good Trading and God bless you all.

Happy Easter! He is risen.

W. B. Busin

Timing Market Turns 04/13/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Swing trade - 100% cash positions. Short trade closed on Wednesday's close.

Investor core - 100% cash positions. Possible trade by Friday's close.


The day before a market holiday can be dangerous as the pit traders sneak off. The trading gets thinner and thinner doesn't it. Prices can be moved by fewer and fewer traders. By 1300 EST, commodities, rates, FX will close. Regular hours for the index futures.


We'll post if anything notable arises before the open.


Good Trading and God bless you

Have a wonderful Easter! He is risen!

W. B. Busin

Wednesday, April 12, 2006

Timing Market Turns 04/12/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Swing trade - 100% cash positions. Short trade closed on today's close.

Investor core - 100% cash positions. Possible trade by Friday's close.


Issues and comments:

1. Fee based structure - Assume this is true. Price of a service is inversely proportional to quantity of units sold in a competitive market. If so, what determines net profit per unit? If you don't know, then you won't understand why a $40 to $60 per month service is a loss leader in ideal circumstances. I will retrun to this later. Think scales of magnitude of unit sold.

2. The time locus of April 11th - it was a high. It was early and very bearish for the nearby trading and for the long term (months and months). It was a major locus point and has my deepest respect. More on this subject later in the month.

3. Mutual funds - you must choose the funds. You must make your own decisions about any vehicle you will invest in or trade.

4. The short publicly available, trade for trade, record of the System - It is your choice to buy products and services that you want or need. Why people buy or don't buy is my field of expertise. You will ignore your needs to buy what you want. If you want to pay $50 for a service that you expect to make you thousands, don't look here. Anyone who pays that for a trading or investing service has either no respect for the information of the service or no self respect. In brutal terms, if you NEED a service, it is because you haven't or can't or won't invest in the years of learning. You want a Rolls Royce and its luxury for the price of a Kia. That trait is common among traders who are undercapitalized and consistently lose more than they profit in their trading. The cure for that problem is usually, learn how to manage money and risk. Learning that and having a genuine trading plan will turn around a bad trader before they lose all their capital.

5. What would a subscriber get for the fee? I have not wanted to think about that. I don't want to go to fee based service. Two reasons - 1. Too much time doing back office, customer service with people who don't know the basics of trading, technical analysis, want a personal relationship with their 'market hero of the week', and so on.

A quick idea of what would be in the service: the real time live trading signals of an index, no money back guarantee, no generalities as read daily in the Journal, only useful opinion that may be wrong or right, completely different than the signals now for TimerTrac (even though I would still input my signals there with a 30 day delay instead of 3), charts of the markets and what to focus on. More actually useful things than you would expect for the fee. You might not be ready for the quantity and quality. Over delivery is a basic tenet of top priced services. Does any experienced trader (15 to 20 years) buy a $50 service? The best investor services range from $500 to $2500 per month. Now look back at #1 and the question, what determines profit per untit. Yes, it's costs, but what costs kill profits the more units that are sold?

Rob, am I rambling? :)

6. Posting trades for people who can't be infront of the computer at 0930 or 1600 EST - It is difficult to trade the Timertrac restrictions. I may know for hours or even days when an intraday turn is coming. Most of the time, it is what I have thought it would be, such as a low or a high turn. When it is not what I thought it would be, it has dramatic implications on whether or not to trade - on what to trade and how many units, for how long, and on and on. Those instances are usually marvelous opportunities to immediately take advantage of the changed environment.

That is why the presession is so important and to a lesser extent, the action overnight and through the European trading of U.S. index futures and stocks.

7. The nature of the signals - signals can come at any time during the 24 hour period. Many times overseas events trigger market ripples here in the U.S. and vice versa. Stop loss orders must be used. Money management cannot be effective without them. Most traders don't use them, even though they say they do. Would you walk a circus high wire without a huge safety net beneath you? No? Then learn to use stops and how and where to place them for your own personal comfort.

Signals given here in these blogs will be Timertrac driven. We will be churning sea foam in the Swing trades. Depending on how the indexes behave through May, the Investor core may not trade much at all.

That's quite enough for this evening. Send any follow on comments through, or any new thoughts.


I will get through each and post by midnight. But first supper. It will be late in the east and I want to explain what and why we did today because three people asked.

Here is what we said that is possibly not clear to some traders:

@1525 - We expect the SPX to sell off into midday tomorrow downward towards our stated target of SPX 1275. The turn from that locus point may be quite strong. Since no significant upward move has occurred today, we will close all Swing positions at the close.


The question is 'why didn't we hold the position into tomorrow?' because we expect the sell off to continue.
1. we had good profits in the NDX and SPX, and very little profit in the Dow. Again, the important restriction we have is that we may only enter or exit the trades at the open or close. We stopped posting our own trades late last year because of that restriction.
2. quite often the selloff is a failure in price, that is, price does not get close to the target.
3. if we held the position "into midday" and the index turned and moved quickly upward, this could have wiped out our profits and left us with a loss at the close. This is a very common mistake by many traders.
4. The Dow was up through most of the day wasn't it.
5. The upward move I expect for tomorrow should try to get back above the broken short term trend line that was broken. This is known as a countertrend movement - even though a legitimate trend has not been established.
6. I expected a stronger and faster move downward when the trend line broke. It did not. Volume patterns and sentiment moved toward bullish buying, a bad sign.
7. If SPX had moved up more during the day, we might have seen the downward move in toward the close. We didn't and in my view, we either see that move up in the morning or after price slides into the afternoon. I did not want to be trapped by either set of conditions.


There are more reasons to discuss but I'm hungry. :)

I will post responses to the comments I have completed by midnight EST. The rest I will finish by the European open.

WBB

Timing Market Turns 04/12/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Swing trade - 100% short positions. Stop is set at SPX 1303.

Investor core - 100% cash positions. Possible trade by Thursday's close.


@1525 - We expect the SPX to sell off into midday tomorrow downward towards our stated target of SPX 1275. The turn from that locus point may be quite strong. Since no significant upward move has occurred today, we will close all Swing positions at the close. We will have this environment for many weeks to come - upward for 1 to 3 days, then downward for 2 to 5 days.

Keep the comments coming please. They have been excellent. Nobody, including me, can see any of your information, such as email address, when you 'sign up' to be able to comment. If I want to respond to a comment, I first must publish it and then sign in to Blogger to enter my comment. It is that secure. That is the reason I respond in general form on the blog.

I will address the varying opinions and suggestions this evening or tomorrow. We continue to suffer an outpouring of saturating rains.


@1330 - will do wrapup after the close. Expect any upward move to be completed by the close.



@1100 - lateral to upward drift should keep market struggling till 1300 EST. Update after 1300 EST, or sooner if necessary.

We are considering a different form or model for raising revenues for ourp stated purposes. A subscription model seems the most likely type if this adverising is not yielding enough. $5 to $8 per day is reasonable isn't it. It is probably not what
the going market for newsletters or other advisories charge.


@1000 EST - gap at SPX 1292.50 will be the first target for the morning session

I will add these to the respective blogs later on.

SPX - Target 1275-8; stop 1303
NDX - Target 1650-56; stop 1770
DJIA - Target 10875, maybe 10830; stop 11300

I will update after 1000 EST

Good Trading and God bless you.

Tuesday, April 11, 2006

Timing Market Turns - 04/11/2006

Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.

Swing trade - 100% short positions. Stop is set at SPX 1320 for today's action only.

Investor core - 100% cash positions. Possible trade today at the close.


Please refresh the browser.


We are entered short in the Swing position at the open, in all indexes.





This is the last of the marquee posts. It is counterproductive. We don't like working against ourselves do we.

I will put some charts on the specific index blogs this afternoon. They won't be what you are expecting. But I believe you may find them interesting.

Please read below here.


WHY DO THIS BLOGGING ABOUT MARKETS?

When we started blogging, we did it because we were getting so much email from traders who subscribed to TimerTrac. We had people calling us and demanding answers. We didn't appreciate those days at all.

Most readers here have been quite kind and responsive. We have not posted most of your comments and questions, but have tried to answer them in the text here. Most of you have responded or recognized them as yours. Interestingly, most questions or comments that we respond to are from several people.

After decades of professional involvement in the business world, I can recognize a good business model from an aspiring model with potential, from a model cast in future failure.

I have seen marvelous products and services disappear from their markets because they had the wrong business model and were unwilling to adapt. We always adapt and we will always try out or test techniques that have potential.

Blogging and RSS may be touted as the next big necessary product/service that all businesses should have, but that might be more fallacy then genuine. Blogging for commercial purposes must have an end - a profitable end.

In my view, most stock market related blogs are manifesting conceited egos that want kudos from readers for information that one can find in a news service. We are not interested in affirmation of our methods of trading or the unique tools we use for trading. We are surprised, although we should not be, by the bloggers and newsletter writers who still think we are in a buy and hold investment world. The last possible buy and hold strategy that works approximately 50% of the time is your personal real estate, that is, owning your home.

Re-learning the same lesson every 20 years is the choice made by foolish men and women. Current earnest believers and holders of gold, bonds and Hummers will be shaking their heads wondering who they can blame for their foolish choices.

In the coming two years of pain, most traders and investors will suffer terribly, both financially and psychologically. You will see it in their behavior, attitudes and their disbelief that markets don't obey their wishes. These weeks and years will seem to others around you like decades of torment to those who haven't learned any lessons from their past.

When they grieving and battered investors and traders have had their breaking point tested so many times, then the blizzard will come and snow them under. They will break, sell all their financial assets and give up.

Why am I writing about this scenario? So you can see it coming, so you can see it arrive and settle over people's lives. So you can avoid it. So you can avoid their effects on you.

I am not predicting an economic depression in the U.S. I am predicting a psychological recession, a relentless grinding down of asset values and then at the end of that process, a stock market that seems to crash. Seemingly crashing and dashing hopes and dreams for those who forgot the lessons taught from 2000 to 2003.

At those psychological, economic and market lows, I will be there as the most aggressive bull you have ever seen or heard of won't I. Why? Because I learned these lessons about myself years ago, and had to learn a few more than once. Also, because I know when the lows will be for the psyche, the economy and for the markets (plus or minus a day or so for the markets.)

If you think I am crazy then you didn't read my article from January 9th that is spreading around the internet. Search for it. It is titled, "A Brief History of 2006". Maybe when we pass the first SPX target of 1220 in the near future, you will see that markets can be timed because people's behavior can be predicted. People are the markets. Markets are people. People dislike change. Changes never change people. People fight to remain themselves, or what they believe they are. People are what they think, what they do and what they love. Why do you think there are so many unGodly people fighting to keep their worldly wants justified?

People are almost too predictable. Traders and investors are predictable (they are people despite the rumours).

Are you predictable?

The markets give us all of the confirmation we could ever wish for in life. We hope the markets give you some confirmations too.

WBB




From the scroller today:

We view SPX 1320 as strong resistance
and 1325 as ultimate potential for an adverse movement.


SPX 1320 is our stop for today.

The stop is set much higher than might be expected at SPX 1320.


The reason is because of our view, as we stated yesterday,

that a quick bursting upward move may actually surpass SPX 1314

during the afternoon session.


The problem with an entry and exit limitation at opens and closes

only for the TimerTrac is protecting the position at a minor or major turn.


If I am sure of a turn and its direction, the generous stop
will help keep the trade alive in the unexpected track of the index,
on the day of the entry.
We are entered short in the Swing position at the open in all indexes.

This a HIGH risk trade.

We will wait for the set up to improve to enter with the Investor core positions.



Good Trading and God bless

W. B. Busin

Monday, April 10, 2006

Timing Market Turns Wrapup- 04/10/2006

@2310 EST - Ileft out the lower barrier level for feeling assured that this multi year upward move is quite finished. It is based on structure and price projections. It is SPX 1220-1225. We may see it quite soon.

Market Timing Intraday

Swing trade - SPX 1298 stop hit - 100% cash positions.

Investor core - SPX 1298 stop hit - 100% cash positions.


POSTED AT 2203 EST

The comments of readers are accepted and appreciated. They are about speed and size of each post. Another asked about the status of current positions. The last one was probably during the hours we had not the typical title,date etc. The current positions will always be on the respective pages. We were trying to fix the scroll at the tiem we had no title, etc.

We prefer the scroller that rises upward for readability. It might be as good as we can do for now. For some reason the blue scrollers were supposed rise upwards but don't. The bottom one does. So we will go with that one for the next few days. Please feel free to comment on speed or font size etc.

To the markets - For the next few days, the markets will show the direction of the next significant move. As you know, we believe it to be downward. There is a chance that we are in the second phase of the beginning structure of the decline. That would allow for one more upward move. This upward move could be a swift blowoff or just a retrace upward.

ADDED:
We prefer a general scenario of new lows in the morning session and a strong upward movement that may finish by the close. This is an ideal picture which rarely is granted to mortals.

The low percentage scenario is that of a blowoff upward movemnt that makes new highs in the SPX but unlikely for the DOW. Since the NDX has been making new highs during previous days and weeks, we see this movement nearing completion in structure.

A warning to us and to others is to not try to beat the market's punch, that is, let the market commit to a direction before jumping on the train. We are mindful of that anything can happen. What is expected by many is likely temporary, if at all.

The market has risen for just over three and a half years hasnt it. It has been powerful at times and weak at other times. In all the months and weeks, it has not been weak enough to collapse. It may be primed for a fearful drop to extinguish the hopes and dreams of bullish investors and traders.

It does that by dropping so rapidly and so far that many will try to bottom pick when they see a buy signal that does not go upward enough to cover commissions. They are trapped. It happens at bottoms too as an upward move begins. In a decline like this, the more intraday buy signals that abort, the market is whispering "I have farther to go before I sleep." We may take a signal before the open or wait till a price level is broken and structure reveals its intent. In many ways, this structure is as complex as I have seen.

The 2000 high mark was also quite complicated. I am reminded of it by the coincidental nearby timing of the DOW high point in January 2000 and the March 2000 high for the SPX. If you can, look at the weekly charts of both those highs. Both had quite large swings from week to week didnt they.

We will let the market point us and then we will move to enter with as low a risk as we can.

More in the morning. We will attempt to have a better looking scroller tomorrow and in the days to come.


Good Trading and God bless

W. B. Busin

Timing Market Turns - 04/10/2006

Market Timing Intraday

Swing trade - SPX 1298 stop hit - 100% cash positions.

Investor core - SPX 1298 stop hit - 100% cash positions.


Please refresh your browser to update the scrolling marquee.

direction="up" loop="true" width="35%">

Wrap up and tomorrow's strategy by 2200 EST - - Thanks for your support and comments today. We will also reply to the comments about the scroll. It is a change that is necessary, but not yet in its final form. Pop back in at 2200 tonight. :) TOO FAST??


direction="up" loop="true" width="35%">

CURRENT POSITIONS - Swing trade - SPX 1298 stop hit - 100% cash positions.
Investor core - SPX 1298 stop hit - 100% cash positions.


CURRENT POSITIONS -
Swing trade -100% cash positions. SPX 1298 stop hit -
Investor core - 100% cash positions. SPX 1298 stop hit -


Through the day we will move from the scroll, the text that is no longer necessary and paste down below exactly as it was in the scroll.

Items removed from scroll today:


@1545]We will stay in cash at the close today. No new trade in the Swing or Investor @1525] Unless price moves upward toward the SPX 1308-1312 level, we will take no action. Even if that occurs, structure will likely be incomplete. @1500] Intraday buy signals are still lacking volume but may change soon - - @1440]Resistance at SPX 1302-3, then 1306-08 - -
@1235]TLP5 - 1315,1340-45,1430-35,1510 upwards toward the 1510 - might see some price strength if the volume increases. We are preparing to sell these indexes with a stable structure at or near completion at the close today.

We will update here before the Monday open. The time of a post will be indicated and separated from comments and locus turn times by a bracket like this: 1425] TLP5 - 1450,1520,1540. Meaning, the time of the update was at 1435 EST for Time Locus Points for 5 minute bars (TLP15= 15 minute bars) which begin at the stated time, ex. 1450 EST. God bless. WBB
It seems Blogger's antispam blogging barrier is preventing us from easily using the other three blog just yet. We will be patient as we watch the indexes attempt an upward bias. We will post here till the Blogger issue resolves.

Good Trading and God bless

W. B. Busin

Sunday, April 09, 2006

Timing Market Turns - 04/09/2006

Market Timing - posted at 1850 EST


Swing trade - SPX 1298 stop hit - 100% cash positions.

Investor core - SPX 1298 stop hit - 100% cash positions.

We would like to see a downward or level opening. That condition would likely lead to an upward bias to the entire day on Monday. If there is a higher close on Monday near SPX 1314, we will consider entering short at the close. If the close is above SPX 1320, we wait for the action and structure on Tuesday to give us a better signal.

A lower close on Monday will also keep us in cash since we do expect the indexes to make an attempt to move upwards.

Index funds that take a contrary or bearish position on the indexes may be appropriate for individuals who don't want to carry the liability of leverage in futures, options or the margin risk of shorting stocks.

The coming weeks will be quite extraordinary in view of these many weeks of topping.


We will update during the pre-session tomorrow morning.


Good Trading and God bless

W. B. Busin

Saturday, April 08, 2006

Timing Market Turns - 04/08/2006

The point of this is to simplify and shorten our work load. If this scroling script works for you and us, the updating process could be so much shorter than the normal 10-12 minutes to get all things formated, aligned, etc.

Please refresh the page. We are trying to make the script scroll upwards or downwards. Our techno assistant is unavailable at this moment.

direction="up" loop="true" width="35%">

We will continue to work on this. Tomorrow, we will post a view of our IF/THEN strategy we will employ early next week. Thank you for bearing with this testing. God bless. WBB


To keep the scroll trimmed and brief, we can edit the scroll and paste it in this same post such as this:

From the scroll -
I want to find a faster and easier way to update during the trading hours. What do you think? If YOU like this then give us a comment or do nothing. If it is not visible, then you won't know what we are discussing. :)

Look!! I can enter new text very quickly and speed up the scrolling speed too.
So during the trading hours,
we can post our information like this:
Time Locus 5@ 1315-20, 1345, 1425.
THIS IS A TEST.

We are also trying an auto refresh script
as a way to keep readers
from having to do this themselves.

We will also use this same scroll
on the other 3 sites.
You will see their links posted
in the sidebar just below the sponsors.

We can also include Links
in this scroll that can be clicked on like this one to the SPX blog. Click here.

Time Locus 5@ 1315-20, 1345, 1425 means, an intraday time locus turn point on a 5 minute bar chart will be seen at 1315-1320 EST, and another at 1345 EST, and another at 1425 EST.



WBB

Friday, April 07, 2006

Timing Market Turns 5 - 04/07/2006

Market Timing - posted at 1837 EST


Swing trade - SPX 1298 stop hit - 100% cash positions.

Investor core - SPX 1298 stop hit - 100% cash positions.



A small gap at SPX 1301 was just covered. I expect the 1100 EST to be a high.

1145 would then likely be a low.

We have moved to a full cash position. The trades are executed at the respective index's closing price.


Looking at the three indexes and their structures will explain why we have separated them into different blogs. We will also trade them separately on TimerTrac. The system lost on the Dow trade, made a few points on the SPX and approximately 50 pints for the NDX trade.

It is further evidence of different structures setting into a top formation.



Are you disappointed because of the Dow loss? because of the small gain in the SPX trade? have you been ecstatic about the large gain in the NDX, but now that we have closed it, you are a fair bit sad and still long your NDX position?


Be truthful with those questions.

Just to yourself, don't tell me.

This answer will tell you what you are mentally as a trader or investor.

If you answered yes to any part of that extended question, just face the reality that you are unfortunately quite normal! Yes, normal. Normal does not go far to find a large flock of their own kind. Mr. and Mrs. Normal are the ones that will have reason to be confused in a day or two.

If you answered with integrity that you had no emotional attachment to these last trades. Then you may be in a solo circular high altitude flight with a few other birds of prey. Trading AND investing is little more than seizing high probability opportunities and coldly executing your plan of attack. The young birds of prey dive more often and miss, the veterans dive when the possibilities or probabilities are worth the risk. Veterans don't mind missing, it is just part of the stalking of the hunt, the game's bet management.

If you think this was a put down or a silly analogy or an attempt to seem superior, you are mistaken. It is how traders think. Nobody gets to win the game or be a bird of prey before they learn the rules of the contest do they. How did I feel/think as the SPX went to 1298? As I was executing the orders, the one thought was "the market needs a rest, does it? Well, then, let me get ready to short these buggers."

In that view, Monday might be quite a mess. Gapping down more than 10 SPX points or more may not be covered for weeks. I hope for an up open and sideways to allow the last few of the smart money holders out of the ring before the pitch battle is entered.

I will discuss more on this tomorrow after we run numbers for the downward move to come. The turn is at hand. It may start a day early or right on time on Tuesday. More on that later, as I say.

If you don't trade with leverage, as in futures or shorting stocks, I will have a suggestion or two for those not wanting to carry that risk.

Housekeeping: Questions about the sponsors and supporting us here - thank you again for those comments and support in that area. The sponsors actually bid on position in the grouping you see, the most for first position, etc. We cannot ask for a particular sponsor as has been asked by several readers. We can 'ban' certain sponsors if we thought it was best. But we have not seen any sponsor that is unethical or not worthy of credibility. Google's massive computers do all the placement of each sponsor based on the key words that a sponsor wants to be associated with in their campaigns.

Again we thank you for looking into these sponsors. They seem to be a fine lot.


More Saturday afternoon.

Good Trading and God bless

W. B. Busin

P.S. Blog humor - Blogger, our host, is owned by Google. The text entry page has a nice and easy to use format with a spell checker. When I have time I use it. BUT, the spell checker does not recognize the word 'blog' or the word 'google'!! :)

FAQ - 1, 2, 3, 4 updated

EDIT: 1620 EST - re-published to keep it on top of the list of editable posts here. I will add to it this weekend.

I will continue to add to this as the week progresses.

1. What is a locus or loci?

locus

SYLLABICATION: lo·cus
NOUN: Inflected forms: pl. lo·ci (-s, -k, -k)
1. A locality; a place. 2. A center or focus of great activity or intense concentration: the cunning exploitation of loci of power; the insulation from normal American society (Clifton Fadiman). 3. Mathematics The set or configuration of all points whose coordinates satisfy a single equation or one or more algebraic conditions. 4. The position that a given gene occupies on a chromosome.
ETYMOLOGY: Latin.

Whether singular, locus, or plural, loci, these represent identified points in time for a change of direction. In small increment timeframes, the amount of time of that change may be as short as 1 or 2 bars. This is visible during fast movements downward or upward. It is a pause. Nevertheless, these pauses are essential to creating the structure needed to track the movement's progress unto its end.

Locus timing points or time locus points are the same thing. They are times of expected turns or changes. They are computed using algorithms. They are proprietary and we don't discuss them. The direction is a subjective decision made by us and based on technical analysis components.

A daily market turn or time locus, such as the April 11th or the recent March 13th and March 28th, are derived by algoritms nearly identical to the ones used to find turns in the one minute timeframe.

2. What is a Swing trade/trader and what is an Investor/Investor core?
Swing trades can last for a day or for days. They can last longer too. Investor/investor core is a longer horizon for profitability of weeks or months. We use absolute stops. That means when they are hit the stop level, we execute the trade.

In the weeks past, we have traded both position types together because of the unstable structure for the longer timeframe. When long term tops are forming across the broad indexes, each index begins behaving much differently from another. They adopt different structures and volume patterns.

3. Are the signals end of day or intraday?

All signals are formally announced here at this time. They are executed at the open or at the close. The reason for this very limiting type of trade execution is due to TimerTrac's (the independent group that tracks hundreds of timing signals - www.timertrac.com) can only handle those two types of signals. That does reduce a signals ROI and risk to return rate, but that is plainly the way TimerTrac has arranged to care for the massive number of signals.

Added for clarity - Today, 4/07/2006, was a good example of this. When SPX 1298 was touched, I went to the TimerTrac's (TT) site and entered the sell order for all the index positions which re-established a 100% cash position for all of the TT signals (a signal is what TimerTrac calls a change in status of a trading system). On their 'books', our trade was given today's closing price of each index, even though we entered it during the trading day.

We trade 6 signals with them, two for each index. One signal is for a swing trade and the other is for an investment trade. Swing trades can last from 3 to 20 days in a trending movement. Investment trades can last much longer.

Recent weeks have been very choppy and volatile as I stated they would be several times here. The real volatility begins next week. Some new traders might want to look at the volatility in 2000 and 2001 for a primer on how fleet footed a trader must be. The last few weeks is the appetizer for some real downward swings and upward rebounds. You might think of the recent action as being stalled in traffic and the coming action as being thrown into a Formula 1 racecar at 200 miles per hour.


On the other hand, during the trading day, yesterday when the SPX was moving upward rather quickly in the afternoon session, I mentioned that day traders would take profits at or near the highs. We are not yet prepared to call the intraday swings everyday. Everyone gets confused. Occasionally we will mention the potential scalp or a very short term set up. The choice of what to do with that information will always be the readers.

4. Do you have any predictions for the housing market?

The residential housing (existing and new construction) market is a critical part of the economy. Interest rates have an impact on this market. It trends and reverses trend with as interest rates reflect changes in inflation. It also is affected by demand and supply. The irony is found when looking at a 'hot' market. Fifty miles from the 'hot' market could be a cold market, that is, an entirely different real estate climate.

With that serious caveat, the housing market has dropped by some measures, i.e., prices and inventory turnover, along with days on the market for existing homes. I see that continuing but flattening through most of the year. Next year may prove a more somber time for sellers and builders. That is always a good opportunity for buyers, especially first time buyers.

Depending on your buy/sell needs, I would sell now and I would buy late next year or early 2008. In 2008, distress sales will be common again.

W. B. Busin

Timing Market Turns 4 - 04/07/2006

Market Timing - posted at 1550 EST


Swing trade - SPX 1298 stop hit - 100% cash positions.

Investor core - SPX 1298 stop hit - 100% cash positions.


A small gap at SPX 1301 was just covered. I expect the 1100 EST to be a high.

1145 would then likely be a low.

We have moved to a full cash position. The trades are executed at the respective index's closing price.


Looking at the three indexes and their structures will explain why we have separated them into different blogs. We will also trade them separately on TimerTrac. The system lost on the Dow trade, made a few points on the SPX and approximately 50 pints for the NDX trade.

It is further evidence of different structures setting into a top formation.

More after 1630-45 EST.



Good Trading and God bless

W. B. Busin

Timing Market Turns 3 - 04/07/2006

Market Timing - posted at 1100 EST


Swing trade - SPX 1298 stop hit - 100% cash positions.

Investor core - SPX 1298 stop hit - 100% cash positions.




A

small gap at SPX 1301 was just covered. I expect the 1100 EST to be a high.

1145 would then likely be a low.


We have moved to a full cash position. The trades are executed at the respective index's closing price.

More after 1430 EST

Good Trading and God bless

W. B. Busin

Timing Market Turns 2 - 04/07/2006

Market Timing - posted at 1100 EST


Swing trade - 100% long positions; stop for all positions to SPX 1298.

Investor core - 100% long positions; stop for all positions to SPX 1298.

Time locus for turns - 5 minute timeframe- 1020,1100,1145,


A small gap at SPX 1301 was just covered. I expect the 1100 EST to be a high.

1145 would then likely be a low.

More after 1200 EST

Good Trading and God bless

W. B. Busin

Timing Market Turns - 04/07/2006

Market Timing - posted at 0951 EST


Swing trade - 100% long positions; stop for all positions to SPX 1298.

Investor core - 100% long positions; stop for all positions to SPX 1298.

Daytrader/scalper would exit longs here at SPX 1312 at 1440 EST

A low here at the 1440 time locus is positive. Holding this level toward the close, and staying above SPX 1305 today will give a good platform for tomorrow's trading.


Time locus for turns - 5 minute timeframe- 1020,1100,1145,

More after 0945 EST

Good Trading and God bless

W. B. Busin

Thursday, April 06, 2006

Timing Market Turns 7 - 04/06/2006

Market Timing - posted at 1443 EST

EDIT: I meant to do this earlier - I will post up answers after the close to questions asked through this blog's Comment.

Swing trade - 100% long positions; stop for all positions to SPX 1298.

Investor core - 100% long positions; stop for all positions to SPX 1298.

Time loci for Turns, 5 minute timeframe - 1355,1440

In post 4 today, I wrote: "Daily resistance at SPX 1310 is the level that must be surpassed to maintain the upward daily trend - within 2 days from our trend parameters." The pit traders must be reading this blog too! -:)

Daytrader/scalper would exit longs here at SPX 1312 at 1440 EST


A low here at the 1440 time locus is positive. Holding this level toward the close, and staying above SPX 1305 today will give a good platform for tomorrow's trading.


More after 1630 EST

Good Trading and God bless

W. B. Busin

Timing Market Turns 6 - 04/06/2006

Market Timing - posted at 1440 EST

EDIT: I meant to do this earlier - I will post up answers after the close to questions asked through this blog's Comment.

Swing trade - 100% long positions; stop for all positions to SPX 1298.

Investor core - 100% long positions; stop for all positions to SPX 1298.


Time loci for Turns, 5 minute timeframe - 1355,1440


In post 4 today, I wrote: "Daily resistance at SPX 1310 is the level that must be surpassed to maintain the upward daily trend - within 2 days from our trend parameters." The pit traders must be reading this blog too! -:)

Daytrader/scalper would exit longs here at SPX 1312 at 1440 EST

More after 1430 EST

Good Trading and God bless

W. B. Busin

Timing Market Turns 5 - 04/06/2006

Market Timing - posted at 1342 EST

Swing trade - 100% long positions; stop for all positions to SPX 1298.

Investor core - 100% long positions; stop for all positions to SPX 1298.


The SPX is at important intraday support levels SPX 1305, below that at 1301-2. Daily resistance at SPX 1310 is the level that must be surpassed to maintain the upward daily trend - within 2 days from our trend parameters.

I was wrong about the tight range and lateral trading for today. SPX 1305 represents 55% retrace of the upward move beginning Tuesday. So that getting to 1301 and possibly to 1297-8 should not be a surprise. If SPX holds above 1300 by today's close, I will move up stops to 1300 with a close above 1304-5.


Time loci for Turns, 5 minute timeframe - 1355,1440,

More after 1430 EST

Good Trading and God bless

W. B. Busin

Timing Market Turns 4 - 04/06/2006

Market Timing - posted at 1238 EST

Swing trade - 100% long positions; stop for all positions to SPX 1298.

Investor core - 100% long positions; stop for all positions to SPX 1298.

Time loci for Turns 5 minute timeframe - 1120,1130,1140,1155,1210

Three movements down from the 1520 high yesterday. SPX should get back into the range and then move laterally for the next 90 mintues to 2 hours.


The SPX is at important intraday support levels SPX 1305, below that at 1301-2. Daily resistance at SPX 1310 is the level that must be surpassed to maintain the upward daily trend - within 2 days from our trend parameters.

I was wrong about the tight range and lateral trading for today. SPX 1305 represents 55% retrace of the upward move beginning Tuesday. So that getting to 1301 and possibly to 1297-8 should not be a surprise. If SPX holds above 1300 by today's close, I will move up stops to 1300 with a close above 1304-5.


More after 1400 EST

Good Trading and God bless

W. B. Busin

Timing Market Turns 3 - 04/06/2006

Market Timing - posted at 1113 EST

Swing trade - 100% long positions; stop for all positions to SPX 1298.

Investor core - 100% long positions; stop for all positions to SPX 1298.


Time loci for Turns 5 minute timeframe - 1025,1035,1055

Normal tight range with close grouping of loci.


Time loci for Turns 5 minute timeframe - 1120,1130,1140,1155,1210

Three movements down from the 1520 high yesterday. SPX should get back into the range and then move laterally for the next 90 mintues to 2 hours.


More after 1300 EST

Good Trading and God bless

W. B. Busin

Timing Market Turns 2 - 04/06/2006

Market Timing - posted at 1025 EST

Swing trade - 100% long positions; stop for all positions to SPX 1298.

Investor core - 100% long positions; stop for all positions to SPX 1298.


Time loci for Turns for tomorrow's open - 0940, 0945 and 1015

I expect a modest range today and continuing to drift upwards. If there is little to discuss in action for the indexes, chat up a forum or an IM line. Share this blog with them.

Thank you for the comments and requests for additional covers of indexes. I don't know if all are possible at this time. Try the 3 new blogs first, then add to it as time progresses is a good way to start isn't it.


Time loci for Turns 5 minute timeframe - 1025,1035,1055

Normal tight range with close grouping of loci.


More after 1130 EST

Good Trading and God bless

W. B. Busin

Timing Market Turns - 04/06/2006

Market Timing - posted at 0933 EST

Swing trade - 100% long positions; stop for all positions to SPX 1298.

Investor core - 100% long positions; stop for all positions to SPX 1298.

Time loci for Turns for tomorrow's open - 0940, 0945 and 1015


I expect a modest range today and continuing to drift upwards. If there is little to discuss in action for the indexes, chat up a forum or an IM line. Share this blog with them.

Thank you for the comments and requests for additional covers of indexes. I don't know if all are possible at this time. Try the 3 new blogs first, then add to it as time progresses is a good way to start isn't it.

More after 1015 EST

Good Trading and God bless

W. B. Busin

Wednesday, April 05, 2006

Timing Market Turns 7 - 04/05/2006

Blogger has a maintenace outage scheduled for 2000 EST for 45 minutes.

Market Timing - posted at 1956 EST

Swing trade - 100% long positions; stop for all positions to SPX 1298.

Investor core - 100% long positions; stop for all positions to SPX 1298.

The major factor as the SPX approaches the April 11th time locus for a major turn. It appears that the date will be a high as we predicted nearly 3 months ago. The four days left must only move 21 points to reach a specific SPX 1233 target. The structure of the upward movement is missing too many characteristics of a pulsive movement. It has too many corrective characteristics.

Look at the chart below:
The indexes do not all move in the same step nor are their structures complete. The major question for the rest of 2006 and most of 2007 is not about the depth of the coming downward correction. The question must be, what will the structure and shape of the correction look like at year end. That picture will give the answer to how deep the ultimate decline will be. I'll be finishing that explanation after the turn is made next week.

Comparison of $SPX,$NYA,$NDX,$INDU,$SOX,$RUT

Time loci for Turns for tomorrow's open - 0940, 0945 and 1015

Good Trading and God bless

W. B. Busin

Timing Market Turns 6 - 04/05/2006

Market Timing - posted at 1542 EST

Swing trade - 100% long positions; stop for all positions to SPX 1290.

Investor core - 100% long positions; stop for all positions to SPX 1290.


Time Locus 5 minute price bars - 1445 Low - then upward toward ?? caution

Time Locus 5 minute price bars - 1525 high - then downward into the close


Time Locus 5 minute price bars - 1530,1550,1600(triple) [a triple is 3 time loci designating the same time]

We are at 58% of revenues today. :(

More before 2000 EST

Good Trading and God bless

W. B. Busin

Timing Market Turns 5 - 04/05/2006

Market Timing - posted at 1457 EST

Swing trade - 100% long positions; stop for all positions to SPX 1290.

Investor core - 100% long positions; stop for all positions to SPX 1290.

We still have not gotten a resolution for being wrong about a low at the 1305 EST locus. The time was correct. Structure since the January highs has characteristics found in corrective phases, not in pulsive phases - many overlaps. Even though this movement is corrective and forming a top, the poor structure could continue. Poor structure and symmetry makes for choppy trendless periods. That environment demands faster profit taking and tighter stop loss parameters.

Time Locus 5 minute price bars - 1445 Low - then upward toward ?? caution


Time Locus 5 minute price bars - 1525 high - then downward into the close

We are at 52% of revenues today. :(

More before 1600 EST

Good Trading and God bless

W. B. Busin

Timing Market Turns 4 - 04/05/2006

Market Timing - posted at 1437 EST

Swing trade - 100% long positions; stop for all positions to SPX 1290.

Investor core - 100% long positions; stop for all positions to SPX 1290.

The Russell 2000 (RUT) and the Dow indexes are the only laggards for new cash highs today. We expect the SPX to reach 1320 by tomorrow's close as the indexes should continue the upward move toward the close today.

We will raise our stops this afternoon after the close.


We still have not gotten a resolution for being wrong about a low at the 1305 EST locus. The time was correct. Structure since the January highs has characteristics found in corrective phases, not in pulsive phases - many overlaps. Even though this movement is corrective and forming a top, the poor structure could continue. Poor structure and symmetry makes for choppy trendless periods. That environment demands faster profit taking and tighter stop loss parameters.

Time Locus 5 minute price bars - 1445 Low - then upward toward ?? caution
More before 1500EST

Good Trading and God bless

W. B. Busin

Timing Market Turns 3 - 04/05/2006

Market Timing - posted at 1357 EST

Swing trade - 100% long positions; stop for all positions to SPX 1290.

Investor core - 100% long positions; stop for all positions to SPX 1290.


Intraday time loci for lows - 1245 & 1305 EST - if this low area gets structure and volume patterns to cooperate, a rally above resistance may get underway.

EDIT @ 1300 EST - A resistance at SPX1316 should be the first stop - but it may just run through that level to SPX 1320


The Russel 2000 (RUT) and the Dow indexes are the only laggards for new cash highs today. We expect the SPX to reach 1320 by tomorrow's close as the indexes should continue the upward move toward the close today.

We will raise our stops this afternoon after the close.



More before 1500EST

Good Trading and God bless

W. B. Busin

Timing Market Turns 2 - 04/05/2006

Market Timing - posted at 1305 EST

Swing trade - 100% long positions; stop for all positions to SPX 1290.

Investor core - 100% long positions; stop for all positions to SPX 1290.


Intraday time loci for lows - 1245 & 1305 EST - if this low area gets structure and volume patterns to cooperate, a rally above resistance may get underway.

EDIT @ 1300 EST - A resistance at SPX1316 should be the first stop - but it may just run through that level to SPX 1320

More before 1400EST

Good Trading and God bless

W. B. Busin

Timing Market Turns - 04/05/2006

Market Timing - posted at 1211 EST

Swing trade - 100% long positions; stop for all positions to SPX 1290.

Investor core - 100% long positions; stop for all positions to SPX 1290.


The SPX opening gap is now closed. Why the index gaps like this is not an issue for us. At or shortly after the open, if spreads between the ask and the bid remain in place (no trade) on just a few of the major stocks, a gap at the opening computation of the index will occur.

At 1215 EST, a 5 minute time locus calls for a high.


We expect more lateral movement with a through the noon hour.

More at 1300EST

Good Trading and God bless

W. B. Busin

Timing Market Turns - 04/05/2006

Market Timing - posted at 0445 EST

Swing trade - 100% long positions; stop for all positions to SPX 1290.

Investor core - 100% long positions; stop for all positions to SPX 1290.

We want to show our readers a fair bit more of the specific indexes we are trading. Most investors and traders follow all the broad indexes. Many trade based on only one or two indexes. We have set up blog sites for each of the three indexes, the SPX, the DOW and the NDX.

The blog sites won't be actively getting intraday posts till we get a logical and organized routine. We will continue to post here even after the three new sites get started.

We will use this site for a variety of other indexes and traded instruments.

In the fast markets certain to come this way after the highs are in, it will help to centralize posting to one site for those brief periods. We can use this site for that environment.

Here are the blog sites:

Timing Dow Market Turns

Timing NDX Market Turns

Timing SPX Market Turns

Go have a look, and mark them up in the browser favorites. Comments are always welcome and not published if you ask so.


We will update during the presession if needed.

Good Trading and God bless

W. B. Busin