Tuesday, March 29, 2011

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short.  Chairman Bernanke's QE2 POMO pumpage this morning boosted the semi's to help elevate equities.  Watch to see if the socks, SOX, can maintain a price of at least 439, now at 439.49. Use this as a guide for today, if the SOX stays above, the indexes will slide across the tape today, if the SOX fails the 439 level today, then the bears will start to growl again.

4/3/11; 7:00 PM EST =
4/1/11; 9:00 AM EST =
3/31/11; 7:00 PM EST; EOM =
3/29/11; 11:08 AM EST = +14; signal line is +17
3/29/11; 10:00 AM EST = -2
3/29/11; 9:31 AM EST = -2; signal line is +18; go short 1309; (Benchmark SPX for 2011=+4.1%)(Keybot this trade=+0.8%; Keybot for 2011=+3.2%)(Actual this trade via SSO=+1.7%; Actual for 2011=+3.7%)
3/28/11; 10:55 AM EST = -2; signal line is +19 but algorithm says stay long

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