Saturday, February 25, 2012


Keybot the Quant remains long.  Friday offered up some excitement with the algorithm moving itself into position to go short but the proper signals would not line up to allow the quant to commit.  Thus, the algorithm number is now back above the signal line allowing the bulls to breathe a little easier over the weekend.

The utilities provided high drama last week.  This drama will subside unless UTIL moves down towards 442, but with price eleven handles above at 453, the bulls appear to have wrestled back temporary control.  The algo is constantly scanning sectors and identifies the most pertinent sectors affecting broad market direction. The retail sector, RTH, is becoming more important to the quant each day, so keep an eye on RTH 39 next week.  The algo prints out the pre-scheduled number tomorrow so at that time we can set things up for the Monday trade. Markets are not to be trusted currently, expect the unexpected.

2/26/12; 7:00 PM EST =
2/24/12; 3:05 PM EST = +76; signal line is +62
2/24/12; 2:30 PM EST = +60; signal line is +62 but algorithm says stay long

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