Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject	3/4/2002 9:54:51 AM
From: TechTrader42	Read Replies (1) of 1487

Well, Reuters predicted this weekend that the market WILL go up this week -- not "is expected to go up," not "is likely to go up," but WILL go up. And they didn't even attribute the prediction. It simply will go up. They could be right. They've been right so many times in the past lately, haven't they. I certainly hope it goes up. I don't want to see any more of those resigned notes on SI about an "illogical" market -- i.e., a market that moves down when perma-bulls want things the way they were in the 90s, so they can stick with the day-trading hobby forever after, and continue to go long with their beloved tech stocks. But anyway, here are the CI's this morning: ST Naz CI: 79.686 100.000 MT Naz CI: 82.627 100.000 LT Naz CI: 94.420 100.000 ST S&P CI: 77.941 86.928 MT S&P CI: 81.583 89.086 LT S&P CI: 92.165 95.357

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