Tuesday, September 25, 2012

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the pre-scheduled number prints.  The signal line dropped one tick.  The utilities sector shows UTIL at 477 remaining under the important 483 level.  The semiconductors SOX is at 387 well under the important 395.43 level. The SPX touched 1361, for a few seconds, but is unable to lock it in as yet, so the markets move sideways for now. As long as UTIL stays under 483 and SOX under 395 the bears should be fine despite any upside market move today. Markets are unstable. Stay alert and cautious. 

9/30/12; 7:00 PM EST EOM EOQ3 =
9/28/12; 10:00 AM EST =
9/25/12; 10:00 AM EST = +44; signal line is +57
9/23/12; 7:00 PM EST = +44; signal line is +58

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