The complacency index thread is always popular, even if no one ever visits it anymore. People savor the memories of past visits. They remember its nuggets of wisdom fondly. They quote it to friends and family. They send postcards of themselves visiting the thread in days gone by. They endeavor to trade, and live, according to its precepts. SI knows this, and so it saves a place for it on its hotlist.
Here are the latest CI's. What do they reveal? That the trend for the Naz remains down, despite its pathetic efforts to go up today, and that the trend for the S&P may be attempting to reverse to the upside in the short term. Whether it'll succeed in reversing remains to be seen.
ST Naz CI: 56.784, 60.678
MT Naz CI: 59.529, 63.177
LT Naz CI: 92.613, 93.279
ST S&P CI: 62.832, 56.342
MT S&P CI: 79.00, 75.33
LT S&P CI: 96.445, 95.824
Actually, the CI's called the top on Friday, and they saw through Wednesday morning's spectacular ramp job. They can't be all bad. To attract new visitors, this thread will be readable for a reduced rate tomorrow morning -- $69.97 a visit, plus a value-added tax and a small charge for tips. |
