Thursday, January 2, 2014

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the algo prints a couple more numbers. VIX dropped under 14.12 showing the bulls were fighting back but VIX quickly moved back above 14.12, now at 14.29, so the bulls folded like a cheap suit. Equities remain weak to begin the year. Look at utilities. UTIL is collapsing now near the lows at 483.69. If UTIL 482.19 and lower occurs, this will open a trap-door in the markets and a whoosh of 20 or 30 SPX handles free-fall would be anticipated in relatively quick order. Bulls are obviously fighting with all they got to prevent UTIL from dropping anymore.

1/5/14; 7:00 PM EST =
1/2/14; 11:40 AM EST = +35; signal line is +41
1/2/14; 10:58 AM EST = +49; signal line is +41 but algorithm remains short
1/2/14; 9:36 AM EST = +35; signal line is +41; go short 1841; (Benchmark SPX for 2014 = -0.4%)(Keybot this trade = -0.4%; Keybot for 2014 = -0.4%)(Actual this trade = -0.9%; Actual for 2014 = -0.9%)

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