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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Bert who wrote (16629)8/24/2001 10:40:44 AM
From: TechTrader42  Read Replies (1) of 52237
 
There's some shorting going on, I think -- big time. The real-time ST Naz CI just went over 80 for a few mins., indicating high complacency. But the shorters and sellers jumped in at that point and put the CI back down into the 60s suddenly. Right now, the CI is at a surprising 56, down from yesterday, and moving against the Naz. Divergence. People are shorting this rally, I think. But I could be wrong. Who knows?
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