Wednesday, December 19, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION


Keybot the Quant is long. The algo continues with a very active day.  Keybot wants to go short but the internal programming rules will not align properly as yet.  If the SPX drops under 1430.50, now at 1442, Keybot will likely flip short. The higher volatility, VIX now approaching 17, and weaker copper is causing market negativity but the bulls are stubborn. The bulls are in control but the action is unstable and erratic. Exercise caution.

12/23/12; 7:00 PM EST =
12/21/12; 10:00 AM EST =
12/19/12; 11:54 AM EST = +1; signal line is +14 but algorithm says stay long
12/19/12; 11:34 AM EST = +17; signal line is +15
12/19/12; 11:06 AM EST = +1; signal line is +14 but algorithm says stay long
12/19/12; 10:36 AM EST = +17; signal line is +15
12/19/12; 9:53 AM EST = +1; signal line is +16 but algorithm says stay long

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