STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains bullish and motors along this week without printing any numbers over the last couple days. Volatility, VIX 15.50, remains key. As long as the VIX stays under 15.50, the bulls rule. If the VIX moves above 15.50, the bears will growl with a vengeance. For the SPX today starting at a new 2013 high at 1541.46, the bulls need to move above 1545, about three points higher, and an upside acceleration to 1548 will occur in a heartbeat, then perhaps the move to 1553. The bears need to push under 1538, only about three points lower, and the downside will accelerate. If this occurs, VIX 15.50 will tell you how strong the bears are, or not. A move through 1539-1544 is sideways action. The S&P futures are up +1.4 as this missive is typed about five hours before the U.S. open.

3/10/13; 7:00 PM EST =

3/8/13; 9:00 AM EST =

3/4/13; 2:25 PM EST = +49; signal line is +43; go long 1520; (Benchmark SPX for 2013  = +6.6%)(Keybot this trade = -1.2%; Keybot for 2013 = +1.0%)(Actual this trade = -1.3%; Actual for 2013 = -0.3%)