STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the bears try to push lower but run out of gas just like yesterday. JJC jumped above 45.68 now twenty cents above this bull-bear line which supplies the bullish recovery juice for the markets today, the SPX recovering to 1470 near the flat line. GTX is 4945 above the 4935 so both copper and commodities are solidly in the bull camp and the bulls remain in solid control of the markets.  The algo is ratcheting up the signal line which will set up the quant in easier position to go short if, say, JJC and GTX should change their mind today. Exercise caution moving forward despite the market recovery today.

1/17/13; 9:00 AM EST =

1/15/13; 11:14 AM EST = +47; signal line is +15

1/15/13; 10:50 AM EST = +31; signal line is +13

1/15/13; 10:12 AM EST = +47; signal line is +12

1/15/13; 9:30 AM EST = +31; signal line is +9