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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject4/9/2002 11:28:13 AM
From: TechTrader42   of 1487
 
ST Naz CI: 19.174 39.971
MT Naz CI: 33.736 50.786
LT Naz CI: 76.809 84.881

ST S&P CI: 43.401 52.538
MT S&P CI: 47.775 56.206
LT S&P CI: 80.558 86.822

Recent intraday buy signals "negated," shall we say? End-of-day ones are more reliable. With the CI's falling, they could go down near 0 at the close one day soon. Continued divergence between SPX and S&P CI's. Another bad sign.

In other news, the glorious Colossus, one of the Seven Wonders of TA, strides out into the market's uncertain seas, prepared to shake off the unbelieving, unconverted, uncouth "ankle biters" from the dark underworld of TA:

ce.eng.usf.edu

The remarkable picks and bullish market-timing calls of the Colossus of TA are enshrined here:

ce.eng.usf.edu

"... adorned in the finest way with statues of bulls and buy-and-hold investors, carved most realistically from the best quality marble."

Initiates enjoy a prologned period of semi-retirement in the Hanging Gardens during an unanticipated reversal in the market:

ce.eng.usf.edu

"This is a work of art of royal luxury and its most striking feature is that the spectators are suspended from their feet over their labor of cultivation."

Acolytes at the temple, seeking an audience with their market-timing guru:

ce.eng.usf.edu

"The sandals of the god are made of fool's gold, as is his robe."
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