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Strategies & Market Trends : Complacency Indexes

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To: Oral Roberts who wrote (577)2/25/2002 3:12:44 PM
From: TechTrader42  Read Replies (1) of 1487
 
Yes, it's interactive data for technical analysis. It's based on the fundamental recognition that analysts do their very best to delude themselves anyway. So we've basically taken this concept a step farther. Now analysts can actually revise the data.

In the past, technical analysts have revised their interpretations of the data ad infinitum. ("I actually predicted this rally, and you'll see this if you go back and read my note carefully, you moron.") With interactive data, there's no need to revise interpretations. Analysts can simply satisfy themselves that all past predictions they've made have come true. Today, for example, they could revise the CI's way down, and declare, "I told you today would be a down day for the market, and so it is."

I think we'll charge extra for the right to revise data.

Anyway, here are the unrevised numbers:

ST Naz CI: 73.601 32.101
MT Naz CI: 73.601 32.101
LT Naz CI: 91.642 78.502

ST S&P CI: 84.816 57.822
MT S&P CI: 82.503 61.118
LT S&P CI: 91.464 81.031

Each alteration in the data you wish to make will cost $149.50 -- after the decimal point, that is. If you wish to change any numerals before the decimal point, the charge is $548.79.
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