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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject1/25/2002 3:47:37 PM
From: TechTrader42  Read Replies (1) of 1487
 
Here are the numbers shortly before the close, players:

ST Naz CI: 98.726
MT Naz CI: 98.726
LT Naz CI: 99.828

ST S&P CI: 82.957
MT S&P CI: 82.957
LT S&P CI: 98.081

A tad overbought, I would say. But remember, breakouts can occur at overbought levels, so nothing is certain. S'all a game of chance, and a rigged game in this case. The house generally wins. The big boys are messin' with your minds. They don't want your stinkin' mitts touchin' their ill-gotten gains.
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