Market Timing - posted at 1558 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.
Gaps will not be ignored for too long will they. No worries, whipsaws are the common traders nightmare but not mine. I see elephants in the room with that size of an exchange aided opening gap.
If it closes today, all the better isn't it.
At 1558, the downward structure appears nearly complete. Tomorrow may finish the gap closing movement.
More later this afternoon.
Good Trading and God bless
W. B. Busin
Monday, April 03, 2006
Timing Market Turns 7 - 04/03/2006
Posted by W. B. Busin at 4/03/2006 04:18:00 PM
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