STOCK MARKET BEARISH -- SHORT

Keybot remains short and continues to idle along without kicking out any signals again today.  The markets were surprisingly calm considering the elevated VIX.  The algorithm is watching the utilities which were brought onto the bull side, the semi's, retail, financials, copper and volatility which all remain in the bear camp, and commodities which remain bullish.

Financials remain in the bear camp despite the news hype trying to boost sentiment.  The bulls have to push either copper or the financials their way if they are going to force a rally.  The bears are favored, especially if the SPX drops only a couple points after the open tomorrow morning, since the broad market selling would accelerate.  The bulls need to see SPX 1300 tomorrow if they want to move the market higher.

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 =

3/20/11; 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