Wednesday, August 17, 2011

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant came within seconds of flipping long but algo rules held it back, maintaining the short side. If UTIL stays above 429.81, the SPX must now move above 1208.47 to verify that the bulls will run strong, otherwise, today's action will have no winner.

8/28/11; 7:00 PM EST =
8/26/11; 10:00 AM EST =
8/21/11; 7:00 PM EST =
8/17/11; 11:08 AM EST = -56; signal line is -75 but algorithm says stay short
8/17/11; 10:31 AM EST = -72; signal line is -74 but algorithm says stay short
8/17/11; 9:59 AM EST = -56; signal line is -73 but algorithm says stay short
8/16/11; 9:00 AM EST = -72; signal line is -72
8/15/11; 9:30 AM EST = -72; signal line -70
8/14/11; 7:00 PM EST = -88; signal line -68

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