Wednesday, June 15, 2011

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. Phenomenal how the algorithm stayed short despite yesterday's pop.  The robot's are always correct.

Copper attempted a run this morning, no doubt with POMO pumps, but the bulls petered out.  NYA fell below the 40 week MA sending the broad markets into a secular bear market now forward.

Markets do not bottom on Wednesday's so if today continues on the weak path, weakness should continue into tomorrow, perhaps a bounce off Philly Fed as the morning plays out. But, first thing is first, have to see how today goes.

Markets remain unstable, stay on guard.

7/3/11; 7:00 PM EST =
7/1/11; 10:00 AM EST =
6/30/11; 7:00 PM EST EOM =
6/28/11; 10:00 AM EST =
6/26/11; 7:00 PM EST =
6/19/11; 7:00 PM EST =
6/17/11; 10:00 AM EST =
6/16/11; 9:00 AM EST =
6/15/11; 11:38 AM EST = -42
6/15/11; 11:31 AM EST = -28
6/15/11; 11:20 AM EST = -12; signal line is -23 but algorithm says stay short
6/14/11; 9:30 AM EST = -28; signal line is -24
6/13/11; 3:35 PM EST = -42
6/13/11; 1:59 PM EST = -28; signal line is -23
6/13/11; 11:51 AM EST = -42
6/12/11; 7:00 PM EST = -28
6/10/11; 1:54 PM EST = -28; signal line is -21
6/10/11; 1:45 PM EST = -42
6/10/11; 10:06 AM EST = -28; signal line is -18; go short 1277; (Benchmark SPX for 2011=+1.5%)(Keybot this trade=-1.0%; Keybot for 2011=+5.4%)(Actual this trade via DIA=-1.1%; Actual for 2011=-0.1%)

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