Friday, April 13, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long.  Note the bull-bear fight that is ongoing with the algo number only a few integers from the signal line.  Watch SOX, semiconductors, the 423.50 level, which failed at the open. Financials are weak as well. Watch XLF 15.12. The current print is 15.32 twenty cents above danger.  Watch VIX 19.30. The current print is 18.25 which is one dollar in favor of the bulls.  In the final hour of trading today, focus on the utilities.  If UTIL closes the day above 451.20, the bulls will start next week on a happy note. Bears will try to push UTIL under 451.20.  The pre-scheduled number printed minutes ago with no change to the algo number but the signal line dropped one point.  Markets remain unstable.  Caution is warranted.

4/15/12; 7:00 PM EST =
4/13/12; 10:00 AM EST = +14; signal line is +11
4/13/12; 9:30 AM EST = +14; signal line is +12
4/12/12; 12:30 PM EST = +30; signal line is +13; go long 1384; (Benchmark SPX for 2012  = +10.0%)(Keybot this trade = +1.8%; Keybot for 2012 = +5.4%)(Actual this trade = +1.5%; Actual for 2012 = +6.7%)

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