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Strategies & Market Trends : Complacency Indexes

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To: bob wallace who wrote (494)2/14/2002 9:59:19 AM
From: TechTrader42  Read Replies (2) of 1487
 
I know what the day will bring, Bob, because I've finally developed a system that gives me exact closing prices for all stocks and indexes three days in advance. Unfortunately, the system is proprietary.

I didn't think the CI's gave a definitive sell/short signal yesterday. There's still room for them to go higher. As for today's reversal, who knows how things will end? (Yes, I know, but that's proprietary information. Well, maybe not. I confess that I knew today's closing prices three days ago, but I've forgotten what they were. It would be a perfect system, if it weren't for my eroding memory.)

Today real time and yesterday's close:

ST Naz CI: 73.144, 81.223
MT Naz CI: 73.144, 81.223
LT Naz CI: 93.039, 96.514

ST S&P CI: 82.139, 91.130
MT S&P CI: 82.139, 91.130
LT S&P CI: 93.831, 97.951
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