Wednesday, March 20, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot flips back to the long side today at SPX 1557 for a whipsaw move. One step forward and one step backward. Do not be surprised for a whipsaw back to the short side today or tomorrow. Keybot took a one percent loss exiting DOG and entering DIA. The drop in volatility is giving the bulls the upper hand. The market bears need to see the VIX move back above 14.95, now at 12.33. Until then, the bulls have the upper hand. The whipsaw behavior this year can be frustrating but that is the nature of the markets. The broad indexes remain erratic and unstable.

3/24/13; 7:00 PM EST =
3/20/13; 11:15 AM EST = +49; signal line is +39; go long 1557; (Benchmark SPX for 2013  = +9.2%)(Keybot this trade = -1.1%; Keybot for 2013 = +1.2%)(Actual this trade = -0.8%; Actual for 2013 = +1.0%)
3/19/13; 2:06 PM EST = +49; signal line is +39 but algorithm says stay short
3/19/13; 1:23 PM EST = +33; signal line is +39; go short 1540; (Benchmark SPX for 2013  = +8.0%)(Keybot this trade = +1.3%; Keybot for 2013 = +2.3%)(Actual this trade = +2.1%; Actual for 2013 = +1.8%)

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