STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the algo prints out two numbers a short time ago. Semiconductors made a charge upwards this morning only to roll back over and fall on its sword. Retail sector never had the gusto today, Best Buy dragging her down. The SPX got its slightly higher open so the index popped upwards as expected but it also rolled over and died. Utilities are motoring along sideways, well elevated above the 50 week MA, so there appears no fear of a dramatic selling event for the markets at this juncture.

Long day of trading still ahead.  Markets are trending sideways for now. Market bulls need to see SOX over 362.63, that is the number Keybot is currently scanning.  Semi's will be the break out leader should the bulls decide to run.  Bulls also need RTH above 102.87, but both sectors are losing steam. The indexes remain psycho reacting violently to any Euro news, jumping upwards on happy talk, or collapsing lower on negative news.

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

10/2/11; 7:00 PM EST EOM =

9/30/11; 10:00 AM EST =

9/27/11; 10:00 AM EST =

9/25/11; 7:00 PM EST =

9/20/11; 9:00 AM EST =

9/18/11; 7:00 PM EST =

9/16/11; 10:00 AM EST =

9/13/11; 10:33 AM EST = -72; signal line is -58

9/13/11; 10:21 AM EST = -56; signal line is -57 but algorithm says stay short

9/11/11; 7:00 PM EST = -72; signal line is -56

9/8/11; 3:51 PM EST = -72; signal line is -55

9/8/11; 3:39 PM EST = -56; signal line is -53

9/8/11; 3:00 PM EST = -72; signal line is -52

9/8/11; 2:32 PM EST = -56; signal line is -51

9/8/11; 2:28 PM EST = -72; signal line is -50; go short 1186; (Benchmark SPX for 2011=-5.7%)(Keybot this trade=-1.2%; Keybot for 2011=+25.9%)(Actual this trade via SSO=-2.0%; Actual for 2011=+39.3%)