STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. SOX collapsed down thru 422.25 at the open, bearish.  But the VIX would not stay above 19 so this took the wind out of the bearish move.  Watch SPX 422.25 and VIX 19 today to determine market direction.  Markets may meander sideways awaiting the all-important Spain auctions now only 18 hours away. Bears now making a run testing 19 on the VIX.  Caution is required.

4/22/12; 7:00 PM EST =

4/18/12; 9:30 AM EST = +30; signal line is +9

4/17/12; 9:50 AM EST = +46; signal line is +9

4/17/12; 9:30 AM EST = +30; signal line is +8