Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject	1/25/2002 10:04:58 AM
From: TechTrader42	of 1487

Here, confirmed gamblers, are the CI's this morning. They're moving against the market, but the transports are up, so I don't know how meaningful the divergence is. Also, the CI's didn't max out yesterday. There is more room to the upside. There's a possibility that the short-term bounce could continue into next week. But reversals can occur at any point. I still think the longer-term trend is down. ST Naz CI: 42.308 74.542 MT Naz CI: 37.138 65.434 LT Naz CI: 91.604 95.383 ST S&P CI: 53.383 77.444 MT S&P CI: 53.383 77.444 LT S&P CI: 94.752 97.460

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