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Strategies & Market Trends : Complacency Indexes
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To: bob wallace who wrote (746)3/14/2002 10:59:06 AM
From: TechTrader42   of 1487
 
There have been several strong moves up in the CI's this morning. I just posted an example. People seem to have been loading up on calls, for some reason. Whether it means a continuation of the rally, or just the usual indecision and wavering at the start of a reversal, I don't know.

There are those who do know, but they live in ashrams and talk in proverbs. I can't seem to get a clear answer out of them. I hear them say, "Buy," for example, and a day later, when the market crashes, they tell me they actually said, "Sell!" It's all too mysterious for me.
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