Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject	12/31/2001 1:17:28 PM
From: TechTrader42	of 1487

Here are the complacency indexes today: ST Naz CI: 84.235, 91.529 MT Naz CI: 84.235, 91.529 LT Naz CI: 97.123, 98.454 ST S&P CI: 92.904, 97.030 MT S&P CI: 92.904, 97.030 LT S&P CI: 97.484, 98.897 They would appear to indicate a reversal in trend, from overbought conditions (extreme complacency). That's the obvious interpretation at this point. However, I have no idea what the new year will bring. Today's numbers could be very different at the close, and the CI's could reverse back up at any time. To those of you who stubbornly insist on keeping track of time with the Gregorian calendar, I wish you a happy new year. Don't let the 10-day hiatus in the Gregorian calendar preoccupy you this evening. Lost time is lost time. We must look to the future.

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