Timing Market Turns - 03/13/2006

Market Timing - posted 0950 EST

Swing Trade position - 100% cash

Investment core position - 100% cash

No trade!

We see a very volatile and choppy week ahead. Lots of spikes, both up and down, yet no functional progress. The structure will not support any sustained movement in either direction.

At this time, we are choosing to remain in cash. We see this upward move as weak and likely to move laterally for a few hours then drop into the close. The counter upward bounce to this drop will likely occur tomorrow. It should hold for nearly a day perhaps. Ultimately, we see the indexes dropping into the end of month before a significant upward move can begin.

We expect to be able to project from the data points, including today, whether March 19th/20th will be a better entry for a short swing trade.

Our resistance levels are still expected to hold in the near term.

Off topic - I am still not on my 'home' computer system. With my current choppy outlook, we are pressing ahead with previously mentioned website related tasks.

Good Trading and God bless

W. B. Busin