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Strategies & Market Trends : Complacency Indexes
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To: TechTrader42 who wrote (646)3/5/2002 3:58:44 PM
From: TechTrader42  Read Replies (1) of 1487
 
The CI's are ending around here:

ST Naz CI: 83.193 98.950
MT Naz CI: 85.348 99.084
LT Naz CI: 94.898 99.681

ST S&P CI: 91.503 87.745
MT S&P CI: 92.906 89.768
LT S&P CI: 96.982 95.647

So there is room to go higher with the S&P ones. That doesn't mean they will, just that there is room to go higher. (Is there an echo in here?)

Some traders vieweed the pullback as a buying opportunity, it seems, and the divergence could mean that the rally isn't quite over yet. Or it could mean something else entirely. Or it could mean nothing.
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