Thursday, June 13, 2013

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short but the bulls are fighting back today sending UTIL above both the 480.94 and 481.39 levels creating broad market upside. Keybot is in position to whipsaw back to the long side but other programming rules are not in place to trigger the move. The SPX likely needs to print above 1638 today to trigger the move back to the long side so watch UTIL 480.94 and 481.39 and SPX 1638 very closely as the afternoon progresses.

6/14/13; 10:00 AM EST =
6/13/13; 12:47 PM EST = +36; signal line is +27 but algorithm says stay short
6/13/13; 12:37 PM EST = +20; signal line is +27
6/12/13; 11:51 AM EST = +4; signal line is +28; go short 1622; (Benchmark SPX for 2013 = +13.7%)(Keybot this trade = -0.7%; Keybot for 2013 = +7.8%)(Actual this trade = -1.4%; Actual for 2013 = +7.1%)

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