STOCK MARKET BEARISH -- SHORT

Today's session starts with a sour mood due to Trichet and the jobless claims.  Volatility spiked at the open but came back down again shortly after.  Semiconductors jumped back into the bull camp but copper and financials remain firmly negative.  Leader copper continues to make lower lows and once under 4 will show the existence, or not existence of copper hoarding.  2-10 spread moves down a few ticks each day which is negative for the bankers.

Keybot the Quant remains short.  Watch volatility and semi's closely. The algorithm is also monitoring the SPX 1337 support area.

6/5/11; 7:00 PM EST =

6/3/11; 9:00 AM EST =

5/31/11; 7:00 PM EST EOM =

5/31/11; 10:00 AM EST =

5/29/11; 7:00 PM EST =

5/27/11; 10:00 AM EST =

5/22/11; 7:00 PM EST =

5/17/11; 9:00 AM EST =

5/15/11; 7:00 PM EST =

5/13/11; 10:00 AM EST =

5/8/11; 7:00 PM EST =

5/6/11; 9:00 AM EST =

5/5/11; 9:58 AM EST = +44; signal line is +41 but algorithm says stay short

5/5/11; 9:57 AM EST = +30

5/5/11; 9:30 AM EST = +14

5/4/11; 3:07 PM EST = +28

5/4/11; 2:19 PM EST = +44; signal line is +40 but algorithm says stay short

5/4/11; 12:34 PM EST = +28

5/4/11; 12:22 PM EST = +14

5/4/11; 10:19 AM EST = +28

5/4/11; 10:07 AM EST = +14

5/4/11; 10:06 AM EST = +28

5/4/11; 9:57 AM EST = +44; signal line is +42 but algorithm says stay short

5/4/11; 9:30 AM EST = +60; signal line is +41 but algorithm says stay short

5/3/11; 3:40 PM EST = +44; signal line is +40 but algorithm says stay short

5/3/11; 1:40 PM EST = +28; signal line is +39; go short 1355; (Benchmark SPX for 2011=+7.7%)(Keybot this trade=+2.3%; Keybot for 2011=+3.3%)(Actual this trade via SPY=+2.1%; Actual for 2011=+0.1%)

5/3/11; 12:14 PM EST = +44; signal line is +39