Friday, August 5, 2011

STOCK MARKET BEARISH -- SHORT

Keybot remains firmly short. The utilties, measured by UTIL, moved back above the 50 week MA at 413.31 after the opening bell which will help the bulls start a recovery rally today, if it holds.

8/21/11; 7:00 PM EST =
8/16/11; 9:00 AM EST =
8/14/11; 7:00 PM EST =
8/12/11; 10:00 AM EST =
8/7/11; 7:00 PM EST =
8/5/11; 9:32 AM EST = -72; signal line is -24
8/5/11; 9:00 AM EST = -88
8/4/11; 3:29 PM EST = -88

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