Thursday, September 29, 2011

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the quant is long but a turn appears imminent. The algo number is below the signal line so Keybot is chomping at the bit to go short but there are other internal algorithm rules that have to be satisfied so these last few items have to fall in place to trigger the quant to the short side.

The big deal, as Keybot has been scanning and reported here, was retail, RTH, and this sector gave up the ghost a short time ago. This down move in retail is causing the broad market weakness.

Looks like the turn is occurring now...............stay tuned.......................

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; 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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