Thursday, September 29, 2011


Keybot the Quant just flipped to the short side at 2:10 PM EST at SPX 1146. The algo gave up two measley handles, 1148 to 1146, for the long trade, only a minor smidge of a loss, and the actual trading actually gained a percent on the long play.

RTH failed today. Good ole Keybot told you to watch RTH closely and that was your signal today to put the bear suit on.  The only major sector that is currently bullish, as measured by the algo, is the utilities.  As long as UTIL stays above 426.79, now at 435.81, the down side will be minimized, if 426.79 fails, the down side will open up wide and markets will fall substantially.

Thus, watch UTIL moving forward. Also, RTH, now at 102.85 last print. As long as RTH remains under 103.70, Keybot's real-time calculated number, the weakness in the broad markets will continue.  As always, when a turn occurs, stay on guard for a whipsaw today or tomorrow. The algo has already locked in a whipsaw target of SPX 1157.46; in other words, if the SPX hits that number within the next 24 hours, that would be one thing that would automatically trigger Keybot to return to the long side. For now, however, the bears are growling again.

10/9/11; 7:00 PM EST =
10/7/11; 10:00 AM EST =
10/2/11; 7:00 PM EST EOM =
9/30/11; 10:00 AM EST =
9/29/11; 2:10 PM EST = -56; signal line is -45; go short 1146; (Benchmark SPX for 2011=-8.9%)(Keybot this trade=-0.2%; Keybot for 2011=+23.9%)(Actual this trade via DIA=+1.1%; Actual for 2011=+35.2%)
9/29/11; 1:33 PM EST = -56; signal line is -45 but algorithm says stay long
9/28/11; 10:14 AM EST = -40; signal line is -45
9/27/11; 3:58 PM EST = -24
9/27/11; 3:46 PM EST = -40
9/27/11; 10:00 AM EST = -24
9/27/11; 9:51 AM EST = -24
9/26/11; 11:41 AM EST = -40; signal line is -50; go long 1148; (Benchmark SPX for 2011=-8.7%)(Keybot this trade=+0.2%; Keybot for 2011=+24.1%)(Actual this trade via SH=-1.3%; Actual for 2011=+34.1%)

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