Thursday, November 29, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as copper catapults higher adding lift to the broad markets. Keybot starts the day with printing a number further in bullish territory, now 34 points above the signal line. The bulls are cruising. Watch XLF 15.65 and VIX 15.85. If price crosses either target level, the markets will weaken. If they both stay bullish, the markets will continue higher (remember, volatility, the VIX, moives inverse to the markets).

12/2/12; 7:00 PM EST EOM =
11/29/12; 9:30 AM EST = +35; signal line is +1
11/28/12; 3:51 PM EST = +19; signal line is +0; go long 1409; (Benchmark SPX for 2012 = +12.0%)(Keybot this trade = -0.7%; Keybot for 2012 = +21.7%)(Actual this trade = -1.5%; Actual for 2012 = +19.6%)

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