STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short after a wild day of erratic market action but the algo wants to go long (algo number 7 points above the signal line). The SPX moved over 66 handles yesterday, 4% of its total points, within a large sideways range of 1640-1665 (25-handle range), and remains undecided on which way to break. Keybot is champing at the bit to go long but other parameters will not latch to allow the move as yet. Copper and retail sectors were determining market direction on Friday, both up and down. If the SPX moves above 1657 on Monday, only two points higher, Keybot will likely flip long. Utilities, copper, retail and financials are all important currently. The areas and levels of interest can be identified once the Sunday pre-scheduled number prints. Markets remain a coin flip with a likely violent move coming, perhaps on Monday.

9/8/13; 7:00 PM EST =

9/6/13; 3:41 PM EST = +1; signal line is -6 but algorithm remains short

9/6/13; 12:17 PM EST = +17; signal line is -6 but algorithm remains short

9/6/13; 10:56 AM EST = +1; signal line is -7 but algorithm remains short

9/6/13; 10:19 AM EST = -15; signal line is -7

9/6/13; 9:46 AM EST = +1; signal line is -7 but algorithm remains short

9/6/13; 9:37 AM EST = +17; signal line is -7 but algorithm remains short

9/6/13; 9:00 AM EST = -15; signal line is -9

9/5/13; 3:43 PM EST = -15; signal line is -8