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Friday, April 07, 2006

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

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