Timing Market Turns - 04/05/2006

Market Timing - posted at 1211 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.


The SPX opening gap is now closed. Why the index gaps like this is not an issue for us. At or shortly after the open, if spreads between the ask and the bid remain in place (no trade) on just a few of the major stocks, a gap at the opening computation of the index will occur.

At 1215 EST, a 5 minute time locus calls for a high.


We expect more lateral movement with a through the noon hour.

More at 1300EST

Good Trading and God bless

W. B. Busin