Market Timing - 02/27/2006

Timing Market Turns - posted 0915 EST

Market Timing for Traders – still 100% in cash

Market Timing for Investors – still 100% in cash


We expect to be short the indexes soon, perhaps by the end of today’s trading. This will be a risky trade. I don’t expect to have more than half of a swing position at risk. I will update before noon today.

There is a remote chance for an upward breakout above SPX 1303. That may change the patterns in volume and sentiment that are signaling a change as is the expected time loci of the February 24th and today the 27th.

An even more bullish event would be some kind of dramatic drop in the indexes during the day that reverses upward to give some indication of upward trend continuation.

Good Trading and God bless

W. B. Busin