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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject3/6/2002 2:48:41 PM
From: TechTrader42   of 1487
 
Hoping for 100 or nearby at market close (with S&P):

ST Naz CI: 73.529 83.298
MT Naz CI: 76.923 85.440
LT Naz CI: 91.964 94.930

ST S&P CI: 94.118 92.157
MT S&P CI: 95.089 93.452
LT S&P CI: 97.911 97.214

Entering or exiting positions can be tricky. Sometimes, it pays to wait until the next day, sometimes not. One possible course is to phase in positions. Another is not to trade at all, of course.

Intraday values aren't nearly as reliable for signals as end-of-day values.
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