Thursday, November 8, 2012

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as another active day for the algo begins with three numbers printing thus far.  The RTH is under 44.38, in fact giving up the ghost right now approaching the flat 44 level, contributing bearishly to markets.  The XLF popped at the open but is currently under 15.73 causing maket bearishness as well.  With both of these negative it is surprising that the markets are not several handles lower. The SPX is moving sideways thus far today. The bears are cruising.

11/11/12; 7:00 PM EST =
11/9/12; 10:00 AM EST =
11/8/12; 10:06 AM EST = -47; signal line is -16
11/8/12; 9:38 AM EST = -31; signal line is -15
11/8/12; 9:30 AM EST = -47; signal line is -13
11/7/12; 1:19 PM EST = -31; signal line is -12

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