Keybot the Quant is long but the quant is chomping at the bit to go short. The algo number dropped under the signal line as the markets fell out of bed about one hour ago. SOX 391 and UTIL 467.35 failed. Under these conditions, it appears that if Keybot sees 1397, the algo will likely go short, but, if the SPX stays above 1397, the bulls will probably stay in the lead at the end of the day. Watch SOX 391 and UTIL 467.35 for clues as the day finishes. Markets are extremely erratic and unstable.
9/9/12; 7:00 PM EST =
9/7/12; 9:00 AM EST =
9/5/12; 1:32 PM EST = +44; signal line is +63 but algorithm says stay long
9/5/12; 9:56 AM EST = +76; signal line is +64
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