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Strategies & Market Trends : Complacency Indexes

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To: Gersh Avery who wrote (682)3/6/2002 11:38:03 PM
From: TechTrader42   of 1487
 
I share the view that it's being pushed up, before they spring the trap. You'd think people would have learned their lesson. Let's see whether everyone can get out in time. This time around, CNBC will have a special alert when it's time to run for the exits. "We interrupt this inane market commentary to announce that it's now time for everyone to sell before the bottom drops out."

Every time CNBS announces the latest upgrade (or downgrade), they should give equal time to an opposing view. Same with market forecasts. Same with breathless predictions before the open. "And here, with a slightly more seasoned view, from someone who can actually read something besides a teleprompter (maybe even a stock chart, and with luck, even a newspaper) ...."
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