Wednesday, September 5, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long as today's drama continues.  The ink was barely dry on the last post before SOX recovered back above 391. UTIL came up for a successful back kiss of the 467.35 and collapsed as a result.  So SOX 391+ is contributing positively to the broad indexes now while UTIL under 467.35 is contributing negatively. Keybot continues to want to go short but internal programming rules continue to hold it back. The quant wants to see SPX 1397 to verfiy the short side as the proper direction.

9/9/12; 7:00 PM EST =
9/7/12; 9:00 AM EST =
9/5/12; 2:25 PM EST = +60; signal line is +63 but algorithm says stay long
9/5/12; 1:32 PM EST = +44; signal line is +63 but algorithm says stay long

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