Wednesday, May 11, 2011

STOCK MARKET BEARISH -- SHORT-- CAUTION

The algorithm whipsawed today at noon time.  Keybot the Quant went back to the short side.  The semiconductors rolled over despite the positive INTC news.  Thus, semi's, financials, copper and commodities in general are all bearish.  Utilities, retail and low volatility remain bullish.

The SPX fell thru the LOD yesterday at 1348.34 which opened the flood gates downward.  Volatilty, VIX is at 17.31, 36 cents below the 17.67 level which would indicate bearishness.

Stay on guard for a whipsaw again. The algorithm is only 9 points under the signal line.  Markets remain unstable driving the robots crazy. NYA volume is light when typically for down days it should be heavier. Keybot has dropped into regular ETF mode due to the whipsaw.  This reduces risk for these indecisive markets until they settle in one direction or the other.

6/5/11; 7:00 PM EST =
6/3/11; 9:00 AM EST =
5/31/11; 7:00 PM EST EOM =
5/31/11; 10:00 AM EST =
5/29/11; 7:00 PM EST =
5/27/11; 10:00 AM EST =
5/22/11; 7:00 PM EST =
5/17/11; 9:00 AM EST =
5/15/11; 7:00 PM EST =
5/13/11; 10:00 AM EST =
5/11/11; 1:13 PM EST = +14; signal line is +23
5/11/11; 12:37 PM EST = +30; signal line is +23 but algorithm says stay short
5/11/11; 12:16 PM EST = +14; signal line is +24; go short 1342; (Benchmark SPX for 2011=+6.7%)(Keybot this trade=-0.6%; Keybot for 2011=+3.1%)(Actual this trade via DDM=-1.1%; Actual for 2011=-0.3%)
5/11/11; 9:30 AM EST = +30; signal line is +25
5/10/11; 2:35 PM EST = +44
5/10/11; 9:35 AM EST = +30; signal line is +25; go long 1350; (Benchmark SPX for 2011=+7.3%)(Keybot this trade=+0.4%; Keybot for 2011=+3.7%)(Actual this trade via SDS=+0.7%; Actual for 2011=+0.8%)
5/9/11; 12:01 PM EST = +30; signal line is +26 but algorithm says stay short

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