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

Timing Market Turns Update 2– 03/24/2006

Market Timing - posted at 1452 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}

The indexes are in a minor buy mode from the steep downward move from the morning session high. Bonds and Notes closed near their highs. So far, today remains a bit foggy - no clarity.

We will decide near the close whether to hold over the weekend and into the FOMC meeting. We will update at 1545 EST

WBB

Timing Market Turns Update– 03/24/2006

Market Timing - posted at 1205 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}

The bonds have made an upward move as mentioned. And so did the indexes, unlike our thoughts for a downward reaction.

Today's upward move does not look complete yet. The afternoon session should offer an indication of whether this trade is wrong or still has downside potential.

We will update here at 1430 EST

Good trading and God bless

W. B. Busin