Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject	3/26/2002 4:04:20 PM
From: TechTrader42	Read Replies (2) of 1487

I'm astounded that after a pullback lasting several days, there'd be a rally. How unexpected! How disastrous for shorts! How embarrassing for bears! How discomfiting. It places the downtrend in question. It places the CI's in question. It places everything in question, except for a permanently bullish outlook (which should never be questioned). Here are the closing values: ST Naz CI: 86.600 67.990 MT Naz CI: 89.897 75.865 LT Naz CI: 96.095 91.207 ST S&P CI: 90.160 74.302 MT S&P CI: 92.194 81.782 LT S&P CI: 97.897 94.716 The full moon isn't until Thursday. Things might get more interesting at the end of the week.

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