Tuesday, November 1, 2011


Keybot the Quant remains short after the flip to the bearish side this morning. Just before the close, the algo registered financials as falling into the bearish camp. Thus, one of the four sectors that supported the recent rally has now failed. XLF 12.93 is the line in the sand between market bulls and bears, and the closing print today is 12.86, market bearish. If XLF moves above 12.93 at the open tomorrow, then the broad markets will be buoyant.  If XLF remains under 12.93, the market selling will continue.

11/20/11; 7:00 PM EST =
11/17/11; 9:00 AM EST =
11/13/11; 7:00 PM EST =
11/6/11; 7:00 PM EST =
11/4/11; 9:00 AM EST =
11/1/11; 3:46 PM EST = -24; signal line is +1
11/1/11; 9:30 AM EST = -8; signal line is 0; go short 1233; (Benchmark SPX for 2011=-2.0%)(Keybot this trade=-0.4%; Keybot for 2011=+26.0%)(Actual this trade via DIA=-0.9%; Actual for 2011=+35.6%)

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