Timing Market Turns Update - 03/28/2006

Market Timing - posted at 0633 EST

Swing trade - still 100% short. Stop at SPX 1310, MIT.

Investor core - still 100% short. Stop at SPX 1310, MIT.
{MIT is market if touched, or immediate closing of position}

Yesterday at the close, we wrote:

We are holding short into tomorrow. This becomes a high risk trade for us. Others may want to exit at the close.

Before the open, we will decide whether to exit on the open. We will post an update prior to that as we observe the futures closing the over night session and the pre-session begins.

It is likely we will close the Investor core positions in the indexes. This is just a way to avoid getting stopped out by potential upward spike at announcement time.

Similar thoughts are appropriate for the Swing trades. It is easier to reverse positions in a smaller trading position than it is to wxit a larger investment position.

Several time locus points are arising to significance. These timing loci are centering at week's end and early next week.



Good Trading and God bless

W. B. Busin