Friday, June 3, 2011

STOCK MARKET BEARISH -- SHORT

Keybot remains short.  The pre-scheduled number did not change things.  Watch the SPX 1305.61 level, if it is lost, then selling will accelerate to the downside.  Also, watch the SPX:VIX ratio, should it lose the 68 level, it will start today at 72, the broad markets will sell off significantly.

We will see if the algorithm clicks off any numbers today or if Keybot simply idles along on the short side into the weekend.  Shorts typically pare back positions Friday afternoons creating buoyancy in markets so watch that today to see if it appears--or does not appear which would be very bearish.

Markets remain unstable, stay on guard.

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 = -28
6/2/11; 10:53 AM EST = -28
6/2/11; 10:32 AM EST = -14
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%)

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