Update for Investor core position. 1545 EST
The SPX price has nearly completed its first movement off the intraday low. We believe it more prudent to wait until Monday's opening indications for a better entry in the morning.
We will be watching the Globex futures for a better feel for this entry of our investment core package.
We also are very encouraged by the late day action across the various indexes. We project that the next significant time loci of February 24th and February 27th to mark both a swing high and the beginning of a correction into the March 13th time locus turning point.
Good Trading and God bless
W. B. Busin
Friday, February 10, 2006
Timing Market Turns Update #2 - 02/10/2006
Posted by W. B. Busin at 2/10/2006 04:27:00 PM
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment