Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: Sherman Chen who wrote (597)	3/1/2002 12:38:23 PM
From: TechTrader42	of 1487

They haven't been all that high for an extended period. They've been closing in the 80s for the S&P, and a lot lower for the Naz. This isn't unusual. I thought they might make an effort to close near 100 for the S&P, before any possible change in trend. But who knows? Intraday, the CI's hadn't hit 100 during this uptrend until today. That was significant, too, I thought. I was waiting for them to hit 100 intraday, and so they did, earlier today. Usually, they bounce off it a few times intraday, and they have today. Anyway, nothing really unusual today.

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