Tuesday, December 4, 2012

STOCK MARKET BEARISH -- SHORT -- CAUTION


Keybot the Quant is short but note the wild move higher in semiconductors. The bulls are not giving up pushing SOX back above 372.75.  XLF remains bearish under 15.67. If XLF moves above 15.67, and SPX above 1413, Keybot may whipsaw back to the long side. XLF 15.67 is key.

12/7/12; 9:00 AM EST =
12/4/12; 1:47 PM EST = +3; signal line is +2 but algorithm says stay short
12/4/12; 11:05 AM EST = -13; signal line is +2; go short 1407; (Benchmark SPX for 2012 = +12.0%)(Keybot this trade = -0.1%; Keybot for 2012 = +21.6%)(Actual this trade = -0.1%; Actual for 2012 = +19.5%)

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