STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short.  Nutty market the last couple days; the SPX moving from 1331 to 1345 back down to 1315 in 13 hours of trading, a total point move of 44 points, a percentage move of 3.3%.  This means the SPX has been moving at 3 1/2 points per hour the last two trading days straight, or a quarter percent per hour every hour.  Phenomenal numbers.

All major sectors are now bearish, as measured by the algorithm, except for utilities.  UTIL would need to lose 20 points to turn bearish. Thus, the bears are in control in this flip flop fight.  If market bears can push the SPX down a single point after the open tomorrow, then the broad market selling should accelerate again. Otherwise, some sideways consolidation.

Markets remain highly unstable.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/5/11; 7:00 PM EST =

6/3/11; 9:00 AM EST =

6/1/11; 3:23 PM EST = -28

6/1/11; 2:57 PM EST = -14

6/1/11; 2:42 PM EST = -28

6/1/11; 11:34 AM EST = -14

6/1/11; 10:44 AM EST = +2; signal line is +5; go short 1331; (Benchmark SPX for 2011=+5.8%)(Keybot this trade=-0.3%; Keybot for 2011=+3.3%)(Actual this trade via SPY=-0.8%; Actual for 2011=-1.3%)