Wednesday, March 23, 2011

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short despite the late day run-up.  The algorithm is watching the utilities, copper and commodities favor the bull camp and semi's, financials, retail and volatility favor the bear camp.  If the utes and copper maintain current buoyancy tomorrow, while at the same time financials catch a bid, and the SPX hits a 1301 handle, the market bulls are going to run and Keybot will probably go long.

But, if copper languishes and today's one day of bullishness reverts back to bearishness, while the financials continue their swoon, then Keybot will probably stay short.

4/3/11; 7:00 PM EST =
3/31/11; 7:00 PM EST; EOM =
3/29/11; 10:00 AM EST =
3/27/11; 7:00 PM EST =
3/25/11; 10:00 AM EST =
3/23/11; 9:30 AM EST = +14; signal line is +12 but algorithm says stay short
3/20/11; 7:00 PM EST = -2; signal line is +13
3/18/11; 9:30 AM EST = -2; signal line is +15
3/16/11; 1:25 PM EST = -18
3/16/11; 8:30 AM EST = -2; signal line is +18
3/14/11; 9:33 AM EST = -2
3/14/11; 9:30 AM EST = +14; signal line is +21
3/13/11; 7:00 PM EST = +30; signal line is +23 but algorithm says stay short
3/11/11; 12:15 PM EST = +30; signal line is +23 but algorithm says stay short
3/11/11; 11:48 AM EST = +14
3/11/11; 10:00 AM EST = -2
3/10/11; 2:46 PM EST = -2
3/10/11; 2:37 PM EST = +14
3/10/11; 1:30 PM EST = -2
3/10/11; 12:59 PM EST = +30; signal line is +33
3/10/11; 9:30 AM EST = +14
3/9/11; 11:35 AM EST = +30; signal line is +34
3/9/11; 9:30 AM EST = +14
3/8/11; 2:43 PM EST = +30; signal line is +35
3/8/11; 2:26 PM EST = +14
3/8/11; 10:01 AM EST = +30; signal line is +39
3/8/11; 9:31 AM EST = +14
3/7/11; 3:54 PM EST = -2
3/7/11; 3:33 PM EST = +14
3/7/11; 11:45 AM EST = -2
3/7/11; 11:32 AM EST = +14; signal line is +47; go short 1313; (Benchmark SPX for 2011=+4.4%)(Keybot this trade=-0.5%; Keybot for 2011=+1.3%)(Actual this trade via MVV=-2.2%; Actual for 2011=+0.4%)
3/7/11; 11:06 AM EST = +14; signal line +48 but algorithm says stay long, reversal appears imminent

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