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Wednesday, April 05, 2006

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

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