Sunday, March 6, 2011

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long into Monday's opening bell.  Retail weakness and higher volatility favors bears while copper and semi buoyancy favors bulls.  Financials are the arbiter.  Market bulls want to see XLF stay above 16.50, market bears want to see this level fail.

Look for possible negative shift with copper or semi's this week.  SPX at 1321 halfway between 1312 support and 1331 resistance.  Market bulls will be running strong if SPX moves over 1331 but if SPX loses the 1312 area, the broad markets should experience accelerated selling. 

4/3/11; 7:00 PM EST =
3/31/11; 7:00 PM EST; EOM =
3/29/11; 10:00 AM EST =
3/27/11; 7:00 PM EST =
3/25/11; 10:00 AM EST =
3/20/11; 7:00 PM EST =
3/16/11; 8:30 AM EST =
3/13/11; 7:00 PM EST =
3/11/11; 10:00 AM EST =
3/6/11; 7:00 PM EST = +46; signal line +50 but algorithm says stay long
3/4/11; 3:42 PM EST = +46; signal line +50 but algorithm says stay long
3/4/11; 3:21 PM EST = +30; signal line +51 but algorithm says stay long
3/4/11; 2:58 PM EST = +46; signal line +51 but algorithm says stay long
3/4/11; 12:11 PM EST = +30; signal line +51 but algorithm says stay long; reversal appears imminent
3/4/11; 10:49 AM EST = +46; signal line +50 but algorithm says stay long
3/4/11; 10:38 AM EST = +62
3/4/11; 10:07 AM EST = +46; signal line +48 but algorithm says stay long; reversal appears imminent
3/4/11; 9:46 AM EST = +62; signal line +47
3/4/11; 9:00 AM EST = +46; signal line +45
3/3/11; 3:12 PM EST = +46; signal line is +44
3/3/11; 2:38 PM EST = +50
3/3/11; 2:25 PM EST = +34
3/3/11; 2:14 PM EST = +50
3/3/11; 9:31 AM EST = +34; signal line is +29; go long 1319; (Benchmark SPX for 2011=+4.9%)(Keybot this trade=-1.2%; Keybot for 2011=+1.8%)(Actual this trade via MZZ=-2.5%; Actual for 2011=+2.6%)
3/2/11; 12:01 PM EST = +18; signal line is +30; go short 1304; (Benchmark SPX for 2011=+3.7%)(Keybot this trade=-0.8%; Keybot for 2011=+3.0%)(Actual this trade via DDM=-1.6%; Actual for 2011=+5.1%)
3/2/11; 11:38 AM EST = +18; signal line is +32 but algorithm says stay long; reversal appears imminent

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