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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject3/25/2002 11:17:18 AM
From: TechTrader42   of 1487
 
I was astounded by the strength of the rally this morning.

Here are the CI's:

ST Naz CI: 83.127 88.089
MT Naz CI: 87.278 91.638
LT Naz CI: 95.365 96.728

ST S&P CI: 80.447 98.324
MT S&P CI: 86.139 98.830
LT S&P CI: 95.979 99.655

A lot of the bulls seem to have vanished into the woodwork once again, so it looks like it's going to be a quiet week.

Let's hope all the predictions were vague enough so that they can be easily revised. I wouldn't want to see any market forecasts turn out to be wrong. Such predictions would besmirch the science of TA.
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