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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject3/22/2002 1:05:26 PM
From: TechTrader42   of 1487
 
ST Naz CI: 93.548 95.285
MT Naz CI: 95.470 97.206
LT Naz CI: 98.228 98.705

ST S&P CI: 97.368 97.231
MT S&P CI: 98.189 98.810
LT S&P CI: 99.478 99.473

The bulls will be emerging from the barricades again if this keeps up. We'll be treated to another stimulating round of bullish storm trooping before long. Threads will be filled with bullish agitprop as complacency reaches an extreme once again.

I propose formation of Bullish Fascist Party, to suppress the subversive, despicable opposition (the bears), in an honest effort to keep the market as agreeably complacent as possible. When the trend reverses and panic eventually sets in, we'll just change the insignia, substituting a flea-bitten bear for the raging, irate bull.

What this thread really needs is a bullish guru to get us all in line.

WANTED: Bullish stock-picking, market-timing guru. Must be infallible*, at least when speaking ex-cathedra from the Throne of TA* (to be supplied free of charge by thread).

Once the guru is hired, posters will not be allowed to say anything that contradicts the teachings.

*The guru's infallibility follows logically from the infallibility of TA, so I don't want to hear any whiny, specious arguments on this. If you don't want to recognize an infallible guru as your personal savior, maybe trading and TA aren't for you.

*Basically a stylishly designed composting toilet, for recycling and revising predictions and utilizing them as fertilizer for an ever-uptrending market. A must for any serious trading guru.
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