The complacency indexes don't give any clues on the future of SI, Bob, and the complacency indexes are my only guide regarding the future. I don't allow any exogenous factors to affect my prognostications. T'would be a great shame if SI were in trouble. In fact, the complacency indexes govern my past, present and future. Even the conditional realm of the subjunctive would be governed by the complacency indexes if I were to turn my attention to it. I have reduced life to numbers, in the best tradition of Euclid. Euclid is my guru. He has a newsletter, with some very persuasive testimonials down through history.
On other matters, when the S&P was down 9, Maria said it was down "fractionally." That channel sure provides great entertainment. (Could it be that the carnival barkers are in denial?) And sure enough, she attributed the lack of buying in part to the long weekend. Those red down arrows don't mean selling; they mean lack of buying. If there was any selling, and I very much doubt that there was, it was due to the long weekend. OK, people might have sold a share or two because of the long weekend. Well, I gotta go pour a drink to prepare for the long weekend.
The indexes all closed down fractionally, it appears. I shall reduce my liquor supply fractionally over the long weekend. |
