Saturday, November 10, 2012

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short thru the weekend. The algo is showing significant technical damage across many sectors and other indicators.  The quant is tracking SPX 1369 and NYA 8001 as the lines in the sand for the broad markets, the edge of the cliff. The ugliness will accelerate if either of these levels give way, if both do, then the markets have a  high chance of dropping into free fall. Next week's levels of interest can be identified once the pre-scheduled number prints tomorrow.

11/11/12; 7:00 PM EST =
11/9/12; 10:00 AM EST = -46; signal line is -17
11/8/12; 10:06 AM EST = -47; signal line is -16

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