Wednesday, March 28, 2012

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips short at 10:33 AM at SPX 1409. This is a whipsaw since it occurred within 48 hours of the Monday move to the long side.  The algo remains in a lower risk mode using single non-leveraged ETF's which should remain in place now thru April.  The last trade lost a smidge. Copper failed today but JJC remains on the ragged edge at 48.75 with bulls trying to push it back above 48.83.  CRB is maintaining elevation above 312.30 so this helps the bulls.  Also, tech is not leading the downside so this helps the bulls fight back as well. As always stay alert for a whipsaw back to the long side. The markets are highly unstable but the bears have seized control, for now. Watch JJC 48.83 today.

4/1/12; 7:00 PM EST EOM EOQ1 =
3/30/12; 10:00 AM EST =
3/28/12; 10:33 AM EST = +60; signal line is +67; go short 1409; (Benchmark SPX for 2012  = +12.0%)(Keybot this trade = -0.2%; Keybot for 2012 = +3.6%)(Actual this trade = -0.3%; Actual for 2012 = +5.2%)
3/28/12; 9:51 AM EST = +60; signal line is +66 but algorithm says stay long
3/27/12; 10:00 AM EST = +76; signal line is +66
3/26/12; 2:18 PM EST = +76; signal line is +65; go long 1412; (Benchmark SPX for 2012  = +12.2%)(Keybot this trade = -1.4%; Keybot for 2012 = +3.8%)(Actual this trade = -1.3%; Actual for 2012 = +5.5%)

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