Saturday, October 6, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long into the weekend.  The algo did not print any numbers on Friday after the pre-scheduled number, in fact, the algo was quiet all week after it flipped long on Monday.  UTIL dropping under 481.36 into the close is very important.  The quant is tracking UTIL 481.36 all thru next week.  The markets will sell off with UTIL under 481.36. In addition, Keybot will likely flip short if the SPX drops under 1457 on Monday.  The new week ahead can be set up after the Sunday number prints tomorrow. Watch UTIL 481.36 like a hawk, bears win below, bulls win above. A turn may be imminent come Monday.

10/7/12; 7:00 PM EST =
10/5/12; 9:00 AM EST = +60; signal line is +59
10/1/12; 10:00 AM EST = +60; signal line is +58; go long 1453; (Benchmark SPX for 2012 = +15.5%)(Keybot this trade = +0.6%; Keybot for 2012 = +15.3%)(Actual this trade = +1.2%; Actual for 2012 = +8.9%)

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