Thursday, February 16, 2012


Keybot the Quant remains short but the pre-scheduled number printed over the last few minutes is surprising.  Note that the algo number jumped 12 points to +60 and Keybot wants to return to the long side, ten points above the signal line.  At least for today, however, the market bears will likely maintain control since other algo rules are holding Keybot back from swiching to the long side.  One key element is that the SPX will probably have to tag 1356 today for Keybot to flip long. In these markets, perhaps anything is possible.

The way the market bears can maintain contol is to slap either JJC or CRB under 48 or 311.40, respectively. Either of these will serve to place the algo back in more firm bear control.  Another exciting day is on tap. We will see if Keybot prints any numbers today, or not. The caution flag remains out, the broad indexes are in a tug-o-war. Reference the previous message for specific market levels to watch which dictate broad market direction.

2/19/12; 7:00 PM EST =
2/16/12; 9:00 AM = +60; signal line is +50 but algorithm says stay short
2/14/12; 2:30 PM EST = +48; signal line is +49; go short 1342; (Benchmark SPX for 2012  = +6.7%)(Keybot this trade = +6.7%; Keybot for 2012 = +6.7%)(Actual this trade = +10.2%; Actual for 2012 = +10.2%)

1 comment:

  1. I've been following along for awhile, very impressive


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