Saturday, August 6, 2011

STOCK MARKET BEARISH -- SHORT

The algorithm printed a number after lunch yesterday and then idled into the weekend at -72.  The -88 number is very close to the -100 maximum and fully consistent with a reversal expected in equities markets.

Keybot remains bearish; the algorithm still short from 7/11/11.  The utilities sector is the most important area to watch in Monday's session. A pre-scheduled number clicks off tomorrow which will help set up next week.

8/21/11; 7:00 PM EST =
8/16/11; 9:00 AM EST =
8/14/11; 7:00 PM EST =
8/12/11; 10:00 AM EST =
8/7/11; 7:00 PM EST =
8/5/11; 12:44 PM EST = -72
8/5/11; 9:53 AM EST = -88
8/5/11; 9:32 AM EST = -72; signal line is -24
8/5/11; 9:00 AM EST = -88
8/4/11; 3:29 PM EST = -88

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