Friday, October 7, 2011

STOCK MARKET BULLISH - -LONG -- CAUTION

Keybot the Quant remains bullish thru the weekend. The algo printed two numbers before the close today. Despite the indexes trailing lower for some of the day, the bullish stance was never in question since retail and utilities remain bull-friendly. The semiconductors even joined the bullish fun today when SOX popped above the 359.60 but it gave up the top side move a few minutes later.

High drama continues since any weekend can be Greece's swan song. Although the quant is long now, an interesting development should occur on Monday's open, and a high potential that the algo reverses. This will be discussed as the weekend continues.

10/31/11; 7:00 PM EST EOM =
10/30/11; 7:00 PM EST =
10/28/11; 10:00 AM EST =
10/25/11; 10:00 AM EST =
10/23/11; 7:00 PM EST =
10/19/11; 9:00 AM EST =
10/16/11; 7:00 PM EST =
10/14/11; 10:00 AM EST =
10/9/11; 7:00 PM EST =
10/7/11; 3:40 PM EST = -40; signal line is -51
10/7/11; 3:22 PM EST = -28
10/7/11; 9:00 AM EST = -40; signal line is -52
10/6/11; 10:21 AM EST = -40; signal line is -53; go long 1146; (Benchmark SPX for 2011=-8.9%)(Keybot this trade=+0.0%; Keybot for 2011=+23.9%)(Actual this trade via DOG=+0.3%; Actual for 2011=+35.5%)

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