Timing Market Turns - posted 0913 EST
Market Timing for Swing Traders – 100% short
Market Timing for Investors – 100% short
We are holding short positions in our Swing Trading positions and our core investor position.
We have tightened our stop level on all positions to SPX 1300 as the trigger point for exiting. A close above SPX 1305 to 1310 will insure that we are wrong about the direction of this swing downward. At that level we would remain in cash.
Our sense is that an expanding structure has continued to build as a corrective measure since the January high. We are trying to keep our view objective and simple. Expanding price structures are volatile, but they do end at some point in time. We believe this one is ending.
We hold SPX 1270 as support in the next downward movement. SPX 1250 is our outer extreme for downward movement on this portion of the corrective movement.
Good Trading and God bless
W. B. Busin
Monday, March 06, 2006
Market Timing - 03/06/2006
Posted by
W. B. Busin
at
3/06/2006 09:57:00 AM
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Wednesday, March 01, 2006
Timing Market Turns - 03/01/2006
Timing Market Turns - posted 1330 EST
Market Timing for Swing Traders – 100% short from Monday, February 27th.
Market Timing for Investors – moving to 100% in short
We are entering short positions in our core Investor positions beginning now and proceeding into today's close.
Good Trading and God bless
W. B. Busin
Posted by
W. B. Busin
at
3/01/2006 02:24:00 PM
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Monday, February 27, 2006
Market Timing Update 3 - 02/27/2006
Timing Market Turns - posted 1547 EST
Market Timing for Swing Traders – 100% short
Market Timing for Investors – still 100% in cash
We are entering short positions in our Swing Trading positions before the close today.
Good Trading and God bless
W. B. Busin
Posted by
W. B. Busin
at
2/27/2006 04:43:00 PM
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comments