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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject3/18/2002 12:02:14 PM
From: TechTrader42  Read Replies (1) of 1487
 
The CI's gave a sell/short signal Friday, btw. A full hand of 100s. I expected there'd be an attempt at a rally this morning, based on Friday's momentum. I thought there could be a reversal, too.

ST Naz CI: 85.493 100.000
MT Naz CI: 89.028 100.000
LT Naz CI: 95.443 100.000

ST S&P CI: 69.006 100.000
MT S&P CI: 84.296 100.000
LT S&P CI: 93.485 100.000

However, the future's unknown. Any trading system has to have a wall of sandbags around it, and an open road for quick retreats.
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