Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject	4/5/2002 10:17:35 AM
From: TechTrader42	of 1487

There was a buy signal in the short term for the Dow and S&P yesterday (as I noted yesterday). The Naz didn't give a buy signal, though it's possible that it could be dragged along with the other indexes. (That may be one reason it's been slightly positive this morning.) Note that the S&P CI's have reversed to the upside for the time being. This isn't true for the Naz CI's, and that leaves the Naz somewhat questionable at this point. The CI's can reverse direction at any point, of course. ST Naz CI: 25.170 37.733 MT Naz CI: 46.796 52.544 LT Naz CI: 83.655 85.104 ST S&P CI: 28.771 18.994 MT S&P CI: 40.281 32.084 LT S&P CI: 82.030 79.563

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