Wednesday, August 7, 2013

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short as the activity continues today. Semiconductors gain importance. Watch SOX 473.36 which will add bear fuel to the market downside if it fails. Ditto GTX 4795. The bulls continue to try and move JJC above 39.00; price is now at 38.99 one penny away. The bears are driving the bus but the fight continues for control of the steering wheel. JJC 39.00, GTX 4795 and SOX 473.36 dictate market direction.

8/11/13; 7:00 PM EST =
8/7/13; 12:17 PM EST = +49; signal line is +52
8/7/13; 10:55 AM EST = +65; signal line is +52 but algorithm says stay short
8/7/13; 10:38 AM EST = +49; signal line is +51
8/7/13; 10:26 AM EST = +33; signal line is +52
8/7/13; 9:35 AM EST = +49; signal line is +51; go short 1691; (Benchmark SPX for 2013 = +18.6%)(Keybot this trade = +5.6%; Keybot for 2013 = +13.1%)(Actual this trade = +4.0%; Actual for 2013 = +8.2%)

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