Wednesday, August 31, 2011

STOCK MARKET BULLISH -- LONG

The algo took off to the upside and never looked back, printing four signals in the first hour of trading. The bulls are in control, once 1220 was broken to the upside, the indexes accelerated higher. Retail, RTH, and copper, JJC, are in the bull camp now boosting the indexes. Commodities, CRB jumped into the bull camp as well, but then moved back out to rejoin the bears. Continue to watch the sectors and levels previously posted. Note that the caution designation was dropped in the title, the algo number now comfortably above the signal line.

9/4/11; 7:00 PM EST =
9/2/11; 9:00 AM EST =
8/31/11; 7:00 PM EST EOM =
8/31/11; 10:39 AM EST = -40
8/31/11; 9:57 AM EST = -26
8/31/11; 9:48 AM EST = -40
8/31/11; 9:30 AM EST = -56
8/30/11; 3:58 PM EST = -72; signal line -74
8/30/11; 3:28 PM EST = -56
8/30/11; 2:47 PM EST = -72; signal line -75
8/30/11; 2:39 PM EST = -56
8/30/11; 10:00 AM EST = -72; signal line -76
8/28/11; 7:00 PM EST = -72; signal line -77
8/26/11; 10:00 AM EST = -72; signal -77
8/23/11; 11:51 AM EST = -72; signal line is -77; go long 1146; (Benchmark SPX for 2011=-8.9%)(Keybot this trade=+13.4%; Keybot for 2011=+21.2%)(Actual this trade via SDS=+25.6%; Actual for 2011=+28.4%)

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