Timing Market Turns Update 3– 03/24/2006

Market Timing - posted at 1552 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}


We will hold 100% short over the weekend. We are not comfortable with this position. Four days of lateral movement is not a good way to start a trade.

So we will undergo another directionless day on Monday to see if a bias shows itself.

We will post some thoughts this weekend.

Good Trading and God bless

W. B. Busin