Timing Market Turns - 03/31/2006

Market Timing - posted at 0930 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.


Thrup. Thrup. Thrup.

That is the sound of cards shuffled on a green felt table. It is the same sound heard around investment tables as the fund managers shuffle their funds' holdings at quarter's end. Today, we get to see their last minute ghosting trades. It wouldn't do to not own Google or other 'hot stocks' - even if they don't know where that stock is headed.

Today's action should be unusual just for that reason, but buying should be evident as we see in the pre-session. There is a minor time locus due soon. I'll discuss that later this morning.


More at before the open in the morning.

Good Trading and God bless

W. B. Busin