STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short amid this craziness called a market.  The news wires are bouncing prices wildly, erratically.  The algorithm was within seconds of turning long but certain programming rules held it back. Note that the algorithm number is above the signal line satisfying the first step when Keybot is ready to change sides. If the SPX hits 1347 today, Keybot will probably flip to the long side, but, for now, the algorithm stays short and the SPX is 23 points above where Keybot shorted nine days ago.  The financials, measured by the XLF, now at 15.35, is two pennies on the bullish side of 15.33 which is the level used by the algorithm currently. Things are going the bulls way so far today. 1347+ would seal the deal for the bulls. Stay tuned, these are treacherous markets.

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

7/29/11; 10:00 AM EST =

7/26/11; 10:00 AM EST =

7/24/11; 7:00 PM EST =

7/21/11; 12:39 PM EST = +34; signal line is +23 but algorithm says stay short

7/21/11; 9:49 AM EST = +18; signal line is +20

7/19/11; 9:00 AM EST = +4; signal line is +19

7/18/11; 3:54 PM EST = +4; signal line is +17

7/18/11; 10:06 AM EST = -10

7/17/11; 7:00 PM EST = +4; signal line +15

7/15/11; 10:00 AM EST = +4

7/11/11; 10:34 AM EST = +4; signal line is +12; go short 1324; (Benchmark SPX for 2011=+5.3%)(Keybot this trade=+3.0%; Keybot for 2011=+7.8%)(Actual this trade via IWM=+3.7%; Actual for 2011=+2.8)