Friday, October 19, 2012

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side at SPX 1442 a short time ago.  Copper is collapsing today with JJC failing the 46.33 level.  VIX is now poking up thru its bull-bear line.  Watch UTIL 485.67 at the close. Watch JJC 46.33 closely the remainder of the day. SOX has collapsed today on the bad chip and tech news. The last trade was flat for the program but the actual trading gave up 0.7%. Keybot flipped from SSO into SDS.  As always stay alert for a whipsaw.

10/21/12; 7:00 PM EST =
10/19/12; 11:49 AM EST = +44; signal line is +55; go short 1442; (Benchmark SPX for 2012 = +14.6%)(Keybot this trade = -0.3%; Keybot for 2012 = +15.3%)(Actual this trade = -0.7%; Actual for 2012 = +8.6%)
10/19/12; 11:33 AM EST = +44; signal line is +56 but algorithm says stay long
10/17/12; 9:00 AM EST = +60; signal line is +57
10/16/12; 9:31 AM EST = +60; signal line is +56; go long 1446; (Benchmark SPX for 2012 = +14.9%)(Keybot this trade = +0.4%; Keybot for 2012 = +15.6%)(Actual this trade = +0.5%; Actual for 2012 = +9.3%)

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.