Tuesday, August 28, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long after the pre-scheduled number prints. The signal line ticks up another point. Copper is teasing lower but remains in the bull camp by pennies so the bears cannot attain any downside traction. Watch JJC 43.65 (slightly different since Keybot continuously recalculates the levels of interest) today and price is currently printing 43.86. Noticeable broad market selling will occur if JJC loses 43.65, otherwise, markets will float along sideways today. The bulls continue driving the bus. Exercise caution.

9/2/12; 7:00 PM EST EOM =
8/31/12; 10:00 AM EST =
8/28/12; 10:00 AM EST = +76; signal line is +51
8/26/12; 7:00 PM EST = +76; signal line is +50

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