Wednesday, November 16, 2011

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the day moves a long. In the early going, VIX jumped above 31.25 and XLF remained under 13.04 so the market bears are favored and this was shown with the market weakness.  Over the last 15 minutes, volatility has moved lower, the VIX dropping under 31.25 indicating that the bulls are pushing hard and the SPX moves up a few ticks. Watch VIX 31.25, XLF 13.04, SPX 1264 and 1244, volatility the most important of the four. If volatiility drops further, watch financials.

11/30/11; 7:00 PM EST EOM =
11/29/11; 10:00 AM EST =
11/27/11; 7:00 PM EST =
11/25/11; 10:00 AM EST =
11/20/11; 7:00 PM EST =
11/17/11; 9:00 AM EST =
11/16/11; 1:26 PM EST = -10; signal line is -12 but algorithm says stay short
11/16/11; 9:30 AM EST = -24; signal line is -12
11/15/11; 3:58 PM EST = -10; signal line is -12 but algorithm says stay short
11/15/11; 1:36 PM EST = +6; signal line is -10 but algorithm says stay short
11/15/11; 12:35 PM EST = -10; signal line is -10 but algorithm says stay short
11/15/11; 11:27 AM EST = -24; signal line is -9; go short 1247; (Benchmark SPX for 2011=-0.9%)(Keybot this trade=-0.3%; Keybot for 2011=+24.0%)(Actual this trade via SPY=-0.7%; Actual for 2011=+28.2%)

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