STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side taking a minor loss from the recent short side. The SPX is now flat for the entire year. The market bulls make a strong case for the upside with most major sectors now in the bull camp, but, as noted by the algo number that is only one point above the signl line, the long side is not receiving a ringing endorsement. The algo is flashing a huge caution sign even though it flipped to the long side.  A whipsaw is very much in play moving forward.

For further upside, the market bulls need to see JJC (copper) 46.65. For the downside to occur, the market bears need to push volatility, VIX up to 30.50, about a half a buck higher. If neither occur, markets simply float sideways to sideways up. Stay on guard.

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 =

11/13/11; 7:00 PM EST =

11/11/11; 10:00 AM EST =

11/8/11; 9:30 AM EST = +6; signal line is +5; go long 1261; (Benchmark SPX for 2011=+0.2%)(Keybot this trade=-2.3%; Keybot for 2011=+23.7%)(Actual this trade via SH=-3.6%; Actual for 2011=+32.0%)

11/7/11; 3:06 PM EST = +6; signal line is +3 but algorithm says stay short

11/6/11; 7:00 PM EST = -8; signal line is +2

11/4/11; 9:00 AM EST = -8; signal line is +1

11/2/11; 9:30 AM EST = -8; signal line is +1

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%)