Monday, October 6, 2014


Keybot the Quant remains long as a wild and strange day continues. Note that NYA has collapsed, down through the 10638 bull-bear level like a hot knife through butter taking the broad indexes lower. The algo is not permitting a whipsaw back to the short side as yet but if the SPX moves into and down through the 1948-1954 area, Keybot will likely flip short again. This would be a very odd occurrence since, if memory serves, the algo has only whipsawed in the same day twice in its history. Watch NYA 10638. Watch financials; the XLF 23.08 line in the sand. XLF is at 23.21. If XLF 23.08 fails, markets are guaranteed to be moving lower. For now, the bull-bear struggle continues.

10/12/14; 7:00 PM EST =
10/6/14; 12:29 PM EST = -7; signal line is +1 but algorithm remains long
10/6/14; 12:08 PM EST = +7; signal line is +3
10/6/14; 11:51 AM EST = -7; signal line is +3 but algorithm remains long
10/6/14; 9:31 AM EST = +7; signal line is +5; go long 1974; (Benchmark SPX for 2014 = +6.8%)(Keybot this trade = +1.5%; Keybot for 2014 = +9.5%)(Actual this trade = +2.0%; Actual for 2014 = +11.3%)

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