Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject	6/17/2002 2:51:31 PM
From: bob wallace	Read Replies (1) of 1487

well, this is a true contrarian thread; unlike other SI threads that clam up when the market goes down, this one dries up when it goes up..go figure anyway, CI's climbing a bit after falling this AM. is this an omen of yet another downside reversal to come? or does it reflect the idea that the first stage of a rally is denial whatever, it would appear that the CI's in conjunction with Bollinger Bands gave a very good buy signal on 6/11; unfortunately it occurred in the last 1 minute bar of the day... not good for an EOD trader like myself

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