STOCK MARKET BEARISH -- SHORT

Keybot the Quant is short but the retail sector, RTH, popped above 109.40 at the open. The SPX moved upwards but could not touch the 1226 level, so price drifted lower.  The SPX has moved out into a sideways symmetrical triangle today which should resolve before the close.  Volatility keeps printing lows favoring market bulls.  If the XLF moves above 12.82, the broad market bulls will rally strong.  If the RTH drops under 109.40, the market bears will push the indexes lower. Otherwise, the indexes float along sideways.

12/18/11; 7:00 PM EST =

12/15/11; 9:30 AM EST = -26; signal line is -3

12/14/11; 2:00 PM EST = -42; signal line is -2

12/14/11; 1:14 PM EST = -26; signal line is -1

12/14/11; 10:08 AM EST = -42; signal line is -1

12/13/11; 2:19 PM EST = -26; signal line is -1

12/13/11; 11:24 AM EST = -10; signal line is -2

12/13/11; 11:05 AM EST = -26; signal line is -4

12/13/11; 9:30 AM EST = -10; signal line is -5

12/12/11; 10:25 AM EST = -26; signal line is -6; go short 1234; (Benchmark SPX for 2011=-1.9%)(Keybot this trade=+3.4%; Keybot for 2011=+31.7%)(Actual this trade via IWM=+4.7%; Actual for 2011=+37.0%)